|About HUD: . . . The Secretary of
Housing and Urban Development of the United States of
America is, among other things, responsible for
the resale of properties, HUD homes, acquired through the
FHA loan guaranty program, commonly referred to as
"FHA loans" which have gone through
About HUD Homes: . . . The homes offered by the HUD are usually sold in "as-is" condition, but the sales prices are often considerably under normal market levels.
Financing a HUD Foreclosure: . . . Buying a HUD home can be with an FHA insured loan on some of the properties. HUD also allows other financing and offers some homes "uninsured", which means that either conventional financing or an FHA 203k loan must be used to purchase (or, of course all cash is always acceptable). Bidders must be pre-approved for the loan prior to bidding on a HUDhome.
Why call John to prepare my Bid: . . . Experience, Know-how, Reliability, and Service. HUD requires that submitting agents be certified to handle bids on their properties. I have the necessary certification and have, successfully closed transactions with HUD. Additionally, I inspect the HUD home with my Client, advising on any potential defects I might notice and perform a free market analysis if desired.
HUD Homes Search Site: . . . You can go direct to the designated search site from here to search for HUDhomes that may be of interest. If you have any questions, need any help, or would just like to know more about HUD homes, please feel free to call me at home anytime (562) 493-1779.
Shop for Lowest Mortgage Rates in the Loan Dept
REALTORS: If you have a website, you are welcome to link to this search
government foreclosures , foreclosed homes houses , forclosures forclosed homes houses , southern California coastline , Los Angeles and orange county , hudhomes , HUD_homes , HUD , FHA , fha_loans , loans , secretary of housing and urban development of the united states of Americ