HUD Homes are homes that have been acquired by the Department of Housing and Urban Development as a result of a foreclosure on an FHA-insured mortgage. Many of these HUD foreclosed homes are being offer at less than 50% of their original market value. Not all real estate agents are HUD-registered agents, only licensed real estate brokerage firms registered with HUD and their registered agents may sell HUD homes. Search for your next home and schedule an appointment with one of our HUD-registered agents at HUD Homes By City.
You will never be asked for a credit card, searching for a HUD Home is a Free Service offered to encourage home ownership and liquidate property acquired by the Department of Housing and Urban Development. At HUD Homes by City our goal is to assist potential homes buyers to find their next home with HUD-registered Agents who have secured access to login and bid through the on-line auction system.
When looking for a HUD home make sure your agent is a HUD-Registered Agent. As of 2010 nationally there was an estimated 222,730 HUD-Registered Agents, with over 1,088,919 real estate members with the National Association of Realtors. It is estimated that less than one out of every five agents are registered with HUD. Schedule an appointment to see a home, and work with a registered HUD agent.