Many people ask, "What is a HUD home?" HUD stand for Housing and Urban Development and is a department of the U.S. Government. When a person with an FHA Insured Loan defaults on their loan, the lender will foreclose on the home. HUD then takes ownership of the home from the lender by paying what is owed in the home. It is then put on the market to be sold as quickly as possible. You can find GREAT DEALS and make a wise investment by purchasing a HUD home.
If you are currently renting, a HUD home may be the perfect opportunity to own your own home. Owning you own home can be an investment for your future. Every month you pay rent, that money is gone forever. By purchasing your own home, your monthly payments go towards paying off your loan and creates equity in your home. I will be happy to walk you through the financial aspects of buying a home and help you to find and home that fits your needs. Please CONTACT ME today.
Do wait and miss the great opportunities that are available NOW. Please feel free to SEARCH MLS for HUD homes or other great foreclosure deals!
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