What Is a HUD Home? Are the Savings Worth the Risks?
HomeLight
JUNE 28, 2021
With properties often available below market value and down payment options potentially as low as 3.5% , purchasing a HUD home could be your golden ticket. The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction). Get pre-qualified with a mortgage lender.
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