HUD VA Homes Foreclosures Real Estate Listings Information
Description: Information about HUD homes and VA Homes, and how to buy them. Search listings and find out about mortgages and community building programs.
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New Information: How to Avoid Foreclosure On this site, you will find: information about Purchasing a HUD or VA home, a search feature and listings, by state, for homes throughout the U.S., information on mortgages and lenders, and a mortgage calculator. HUD homes and VA homes are two types of homes owned by the U.S. Government and offered for sale to potential homeowners and real estate investors. The draw of HUD and VA properties is that they can often (but not always) be purchased at a significantly redu
What is a HUD Home? When someone with a mortgage insured by HUD cannot meet their payments, the bank or lender forecloses on the home. HUD takes ownership of the property by paying what is owed, and then HUD sells the home at market value as soon as possible. What is a VA Home? Similar to HUD, a VA home is a property that was financed using a VA guaranteed loan. When the owner fails to pay the mortgage, a foreclosure takes place and the VA sells the home at market value.
HUD - Helping Build Communities Police officers, teachers (pre-K through 12th grade) and firefighters/EMTs can help with community revitalization and becoming homeowners through HUD's Good Neighbor Next Door Program. Through this program, HUD provides an incentive in the form of a discount of half off the list price of the home. In return, the buyer must commit to reside in the property for three years as their sole residence. Eligible homes located in designated revitalization areas will be listed exclusiv
HUD VA Homes Foreclosures Real Estate Listings Information