Wednesday, December 14, 2011

How to Buy a HUD Home

HUD homes are foreclosed homes that the Department of Housing and Urban Development (HUD) list to recover foreclosure debts.  While homes are not always in pristine condition, the proper agent and lender could help you purchase more of a house for the money.  You can visit www.hudhomestore.com to search for listings in your desired area. However, you cannot bid on them without a certified real estate agent. 


Want to avoid a short-term loan for your improvements?  You may also qualify for a FHA 203(k) Rehabilitation Loan.  


Contact your trusted Coldwell Banker Triad, Realtors to answer your questions &
discuss your loan options with our Coldwell Banker Mortgage Representatives:

Mike Kirkpatrick
CB Mortgage
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Melanie Troutman
CB Mortgage
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-Jordan Schwall

2 comments:

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