AZ Hud Home Store Government Foreclosed Hud Homes - Goverment Foreclosed HUD Homes AZ Hud Home Store
If a loan insured by the Federal Housing Administration (FHA) goes into default, the lender must take steps to collect on the loan. This may result in the lender taking possession of the collateral Real Estate. If this occurs, the lender may submit a claim against the FHA insurance fund and convey ownership of the property to the United States Department of Housing and Urban Development (HUD). HUD in turn sells the property at market value as quickly as possible. MLM III is a Marketing and Management contractor for HUD owned residential properties, 1 to 4 units; we maintain and sell these properties in accordance with HUD guidelines.
Who can buy a HUD Home?
Any buyer that can secure a loan to purchase real estate, or can pay cash, is eligible to purchase a HUD home. Purchasers must use a broker or agent who is registered with HUD to submit a bid on a property. Purchasers must also have a pre-qualification letter from a lender or proof of cash funds in the amount of, or greater than, the property they are purchasing. All these Goverment Foreclosed HUD Homes at AZ Hud Home Store, have been FHA Appraised, Professionally Inspected Checked and/or Treated for Termites. This saves the home buyer close to $1,000 in up front out of pocket fees! Its also important to note, you can purchase a AZ HUD Home Store HUD Home for only 1% Total Down Payment. So if the home is listed at $100,000 your entire Down Payment will be a mere $1,000! You cannot find this deal anywhere else but here!
Both These Properties are AZ Hud Home Store Government Foreclosed Hud Homes, both can be bought at or below market value depending on where they are at in the bidding process. For more information on these and every single HUD Home listed for Sale in Arizona, Contact Me Today! or you can visit the AZ Hud Home Store!
AzHudHomeStore@Yahoo.com
"When You're Ready to Sell or Buy ~
Call Chris Dunham, The Real Estate Guy!"
AZ Hud Home Store Government Foreclosed Hud Homes -
Goverment Foreclosed HUD Homes AZ Hud Home Store
