Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

John asks…

Where can i find free listings and details on HUD/Forclosed homes online?

I keep finding all these sites but they all cost money or some kind of membership to look at the details of homes. Anyone know of a website that is COMPLETELY free to look at ALL the DETAILS not just pictures and locations?

Your Questions About Foreclosures

The Expert answers:

Here is a website that will not cost you a penny:

http://realestate.yahoo.com/Foreclosures;_ylt=AvLMc_Rq6u3UFDojQQTQQ1ykF7kF

Your Questions About Foreclosures

Joseph asks…

where can I find hud homes in my area? I live in portland oregon and the houses are still expensive!?

I understand that hud homes most of them need to be fix but I know carpentry would like to fix it if I can buy it cheaper I been looking on the internet but have not had any luck. any body knows any websites I can check out? in the portland metro area? thanks in advance

Your Questions About Foreclosures

The Expert answers:

There are thirty-seven HUD properties on the market in Portland, Oregon right now. They range in price from $49k to $254k.
Www.hudhomestore.com
I can find you a Realtor there who does HUD houses if you want.

Your Questions About Foreclosures

Chris asks…

I would like to know about HUD homes. What are the qualifications of trying to get one,?

How different is it than getting a regular home , and anything else youcan tell me about it

Your Questions About Foreclosures

The Expert answers:

What is a HUD Home?
A HUD home is a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.

Who can buy a HUD Home?
Almost anyone! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.

How are HUD Homes sold?
All properties available for purchase by the public are offered for sale at Internet listing sites maintained by management companies under contract to HUD. Any real estate broker registered with HUD may submit an offer and contract to purchase on your behalf. HUD pays the real estate broker’s commission, if included in the contract.

Are there any special programs?
Properties in designated areas are available at a reduced sales price to police officers, teachers, firefighters, emergency medical technicians, nonprofits and local governments. Read more about these Good Neighbor Initiatives.

Should I get a home inspection?
We encourage you to get an inspection after your offer is accepted. All HUD Homes are sold AS-IS, without warranty. HUD will not make repairs nor pay to correct any problems.

What about financing?
Although HUD does not offer financing directly, some of our homes qualify for FHA-insured loans. Shop around for a lender to find the best loan terms. Find out how an FHA loan can help you.

Your Questions About Foreclosures

Ken asks…

How do I find homes that are HUD approved in my area?

Just got my voucher in the mail saying im approved for HUD and that I can pick it up on the 16th of this month. I thought it might be a good idea to get a jump start and not wait until the 16th to find a home. However its been hard finding places that accept HUD and I dont even know where to start,

Your Questions About Foreclosures

The Expert answers:

Your case worker will give you a list, it is not public.

Your Questions About Foreclosures

Jenny asks…

Any hud homes available in south hammond or hessville indiana?

looking to move soon, wondering what is available in my area…

Your Questions About Foreclosures

The Expert answers:

14 choices. You should keep the link for future searches

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Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures

Your Questions About Foreclosures

Your Questions About Foreclosures