HUD Homes

Fountain of the Sun HUD Home for Sale

This Fountain of the Sun HUD home for sale is one of many homes for sale in Fountain of the Sun. Below is a list of all homes for sale in this 55+ golf community. The home search is updated continually so check back often to find your Mesa Fountain of the Sun home.   […]

Adora Trails HUD Owned Gilbert Home for Sale

Adora Trails HUD owned Gilbert home is an opportunity you don’t want to miss. Own this  a one  year old home with 3 bedrooms, a spacious den and 2 bathrooms. 1572  square feet with views of San Tan Mountain. Move in ready, home has a gorgeous kitchen including  granite counter tops and stainless steel appliances. […]

Buy a HUD owned home in Gilbert, Mesa or Chandler AZ?

Why buy a HUD owned home in Gilbert, Mesa or Chandler AZ? What are the advantages. A home becomes  a HUD  (U.S. Department of Housing and Urban Development) owned home when an owner defaults on a FHA loan guaranteed by HUD. HUD homes come in all sizes and ages although recently many in Gilbert, Mesa and […]

Purchasing a HUD home in Gilbert Arizona

Purchasing a HUD home in Gilbert Arizona is as simple as finding a HUD certified Realtor.  HUD homes can be a great alternative to the multiple offer situations we are experiencing in Gilbert. The link below will provide you with a list of the current Gilbert Arizona HUD homes for sale. Live Search of HUD homes […]

What is the Best Way to Finance a HUD Home?

What Is the Best Way to Finance a HUD Home?   FHA financing is the best way to finance a HUD Home for most buyers.   FHA has certain advantages over conventional financing:   The total down payment for an FHA loan is only 3.5% of the sale price. (This number may increase in the […]

Can I Build the Cost of Repairs into my Mortgage

Can I Build the Cost of Repairs Into My Mortgage?    The FHA 203(k) Streamline loan product is intended to assist homeowners with basic repairs costing up to $35,000. (There is no minimum repair cost threshold.) It is designed to be an easy-to-use program for uncomplicated rehabilitation and/or improvements for which plans, consultants, engineers, and/or […]

HUD Homes Qualifying

Do I Qualify for a HUD Home?   Buyers must have their financing ducks in a row before placing an offer on a HUD Home. Selecting a good lender is an integral part of the loan process. A lender will take a careful look at your financial circumstances and tell him how much mortgage you […]

Many Credit Challenged Buyers Purchase HUD Homes

    Many Credit Challenged Buyers Purchase HUD Homes!   FHA underwriters  have a great deal of discretion when they decide who will be approved and who will not be approved for loans. They are allowed to  use compensating factors to offset conditions when a borrower’s profile falls outside general loan parameters. Any compensating factor used […]

Can I Bid Online for a HUD home?

   Looking for a FANtastic Home?   Can I Bid Online for a HUD Home? NO, Call me! I can help.   I don’t know where real estate buyers get the idea they can place a bid on a HUD Home without a real estate agent.   Buyers cannot bid for HUD Homes online at […]

Police Officers, Teachers Qualify for 50% Discount on HUD Homes

Police Officers, Teachers Qualify for 50% Discount on HUD Homes   First responders and teachers may be eligible for a special program offering a 50% discount on the list price of HUD Homes.   Good Neighbor Next Door (GNND) Program   is designed for law enforcement officers, teachers, firefighters, and emergency medical technicians.   Officer Next Door, […]