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Learn about HUD Homes

The U.S. Department of Housing and Urban Development (HUD) is the agency that oversees federal housing agencies and programs including the Federal Housing Administration (FHA) which insures home loans. A HUD Home is a one-to-four unit single-family residence, condominium or townhome that has been conveyed to HUD by the lender as a result of foreclosure when the borrower defaults on the FHA-insured loan. HUD in turn sells the property at “AS IS” market value based on a recent appraisal as quickly as possible through an Asset Manager (AM) Contractor such as PEMCO, LTD. HUD Homes vary in price, location, and condition. Some are move-in ready condition and others are not.

HUD Frequently Asked Questions >>

Search for a HUD home to purchase >>

HUD Selling Licensee Registration Instructions >>

Free HUD Classes

Free HUD class for Selling Licensees scheduled on 04/26/2012 2:00 PM  to 4:00 PM at 
RE/MAX Properties Inc.

Register Here