What is a HUD Home? 

HUD homes were once FHA insured mortgages that the borrower has defaulted on, and the home has been foreclosed on. The lender deeds the home to the Secretary of HUD after the insurance claim is paid off. Now HUD owns the property.

Contrary to popular belief many HUD homes are very beautiful homes in nice neighborhoods that need little work as far as repairs are concerned. I created this section to provide information to my clients about buying a HUD property. It's different than traditional home buying...it 's more like an auction. You actually must place bids on HUD homes using a HUD registered agent or broker. HUD homes are about the best opportunity going right now with so many homes to choose from at an affordable price and with very low capital needed to buy. In fact for a limited time HUD has a "$100 Down Payment Program" offered. ANYONE who is pre-qualified for a FHA mortgage loan can purchase a HUD Home!

Prudential Ultima Real Estate is the #1 HUD Selling Brokerage in the North Texas Region for 2007 & 2008. I am a registered HUD agent through my broker and can assist you in finding a HUD home that suits your needs. This is a FREE Buyer Service to you...it cost you nothing to use my services!

Please click the sections below to see some of the GREAT Hud Homes available now and find out more information about acquiring a HUD property!