Rick Windon, CSSN

 

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HUD homes are homes that are owned by the Department of Housing and Urban Development. The previous owner defaulted on their FHA loan and the bank foreclosed on the property. HUD then pays the lender for the home and lists the property to sell.

 

HUD homes offer some great advantages to buyers who are purchasing as their primary residence. You can choose to receive $1,000 back at closing with a full price offer or put as little as $100 down! Call Rick for details on these programs. 520.258.9326