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Step 1
Visit the U.S. Department of Housing and Urban Development (HUD) website at hud.gov. Here you can find all the information you need to know about buying foreclosures.
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Step 2
Click on "Hud Homes" under the Homes section in the left side bar. This takes you to an information page about HUD homes.
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Step 3
Read about how you can buy a HUD home. If you are confused about the process or want more information, click on the link to find a housing counselor. The counselor can answer all your questions.
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Step 4
Choose your state from the list near the bottom of the page. On the next page, you can find an external link with property listings of foreclosed homes in your area.
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Step 5
Return to the "Home Homes" page and select "Listings from other agencies" in the box of related information. On the next page, you can find foreclosed home listings from the Department of Veteran Affairs, IRS, Small Business Administration and several other government agencies.
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Step 6
Choose a few homes in your area from the various agencies. Get the contact information for each home and set up an appointment to see the houses.
Comments
findforeclosure said
on 5/15/2009 This is pretty good information, but I would like to comment that HUD is only one of MANY places to find foreclosed properties.
greatgreat8 said
on 5/14/2009 this is great information, find foreclosed homes, I will pass it on
GoHUD said
on 10/8/2008 The best source for finding a HUD home is on www.GoHUD.com you can register FREE and you will be able to map the homes and see property inspection reports of the homes. It’s a national search, with the advanced search you can search the nation for homes below a $ amount. They can also help you find a HUD approved Realtor and Lender!
HUD has a buy a HUD Home for $100 down program right now.