HUD (Housing & Urban Development)  These homes are homes that have been foreclosed, they are typically empty.  HUD homes in most cases will need some type of repair.  You can view the home and even have an inspection before you put in a bid. 

The bid process does not mean you will get the home.  HUD homes are usually priced below market for a reason...one of which is condition.  The second is based on the number of homes on the market right now.  Michigan leads the nation in Foreclosed properties.

The selection of homes is in all shapes and sizes.  One of the keys to getting your bid accepted is using an experienced HUD Broker or Agent. 


Not all agents can sell HUD properties.  Brokers and Agents have to be registered with HUD to be able to assist you in your bid and purchase. 

One of the things you can count on is your purchase process is going to take time.  Usually less time for a HUD purchase than a Foreclosure where the lender has to review the values of the home and decide what sell price they are willing to take for the home. 

HUD Sets the prices of the homes on the available list.  The list needs to be checked daily because homes are being added and removed from the list daily.

If you do not get the home you wanted another may be better!  The key is to act and bid like you want the home.  Remember bidding low for the sake of bidding low may let you miss the home you really wanted.

Call our Broker or one of our Flexperts for a "FREE" list of HUD Homes.  Make sure you get the "Bargain" you are looking for!  It cost you nothing to be represented and could save you thousands of dollars.

Local: 616-784-2360 Toll Free: 877-667-4699

Email: FlexItRealty@comcast.net 

To get a free HUD list...updated weekly just use the download file above, it's fast, easy and best of all you have the list today!