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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 a great advantage to buyers who are purchasing as their primary residence. You can choose to put as little as $100 down! Call Rick for details on this program. 520.258.9326