How To Buy A HUD Home
- You must use a HUD registered real estate broker.
- You must be pre-approved for a mortgage and/or proof of funds ready at the time of bid submission.
- Owner-occupied bidders receive the first priority along with non profits and government agencies.
- HUD offers three types of properties: FHA insurable homes, FHA insurable homes with a repair escrow and homes that are not insurable with an FHA loan.
- You do not have to finance a HUD home with an FHA loan.
- HUD homes are sold "as-is."
- Your earnest money check should be made payable to the escrow account of your HUD registered real estate broker.
- HudHomeStore.gov is the official website for HUD Home purchases. There are copycat websites so be aware, and make sure you are using the official HUDHomeStore.gov website.
- Investors/Non Owner Occupied buyers are still eligible to purchase HUD homes.
- YES, HUD will allow digital signatures.
https://www.hudhomestore.gov/
https://www.hud.gov/hud-partners/single-family-lender-list
https://answers.hud.gov/FHA/s/
520-448-4488
ImagineTucsonHome.@gmail.com