HUD (the U.S. Department of Housing and Urban Development) has a steady supply of potentially cheap California HUD homes. The way HUD acquires these homes is by bidding on them at California foreclosure auctions. The agency buys these properties after they go into mortgage default on an FHA loan (FHA insures certain home loans throughout ...
Texas has the second largest population in the United States. As such, it provides opportunities throughout the state to find Texas HUD homes for sale. Officials of HUD sell foreclosures that were originally purchased at auction by the agency in response to the foreclosure of a mortgage backed by FHA. HUD then offers the homes ...
Philadelphia, Pennsylvania consistently has one of the top 10 populations in the United States. As such, this major Northeast city has a plethora of HUD foreclosures for sale throughout the year. HUD is a federal agency that insures many home mortgages through FHA and then buys some of those properties at foreclosure auctions when the ...
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