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I've heard of HUD homes. What are HUD homes, and are they a good deal?
- Answer: HUD homes can be a very good deal. When someone with a HUD insured mortgage can't meet the payments, the lender forecloses on the home; HUD pays the lender what is owed; and HUD takes ownership of the home. Then we sell it at market value as quickly as possible. Read all about buying a HUD home - one might be right for you! And check our listings of HUD homes - as well as homes being sold by other federal agencies.