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Frequently Asked Questions

1. I’ve heard of HUD homes. What are HUD homes?
Are they a good deal?

Answer: HUD homes can be a very good deal. When someone with a HUD-insured mortgage cannot make their payments, the lender can foreclose on the home; HUD then pays the lender what is owed and takes ownership of the home. HUD sells the home at market value as quickly as possible. Read about available HUD Homes !

 

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