HUD Homes
CaliforniaCoastline.net
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 foreclosure.

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.

 

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Bookmark this site now or write down my phone numbers!!  Direct: (562) 422-0111   Res: (562) 493-1779

HUD Homes for Sale
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John R. Sefton CaliforniaCoastline.net

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