Gilbert AZ HUD own for as little as $100 down

Gilbert, Az HUD homes for sale $100 down FHA financing available

What is a HUD Home?
A HUD foreclosure home is a residential property (1 to 4 units) owned by HUD because of a foreclosure action on a FHA-insured mortgage. HUD assigns a real estate broker to list the home for sale.

Advantages in purchasing a HUD home?

1) Qualified buyers can obtain a FHA loan with a down payment of only $100 on a HUD home.

2) HUD will pay 3% of the closing costs allowing.

3) During the first 10 days of the listing only owner occupants are allowed to enter a bid eliminating competition from investors.

4) FHA Renovation loans are available on homes that require fix up.

5) HUD does an inspection before listing the property which is available to a potential buyer.

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IMPORTANT: Only HUD certified real estate brokers can bid on HUD homes so CALL ME. I have the experience needed to ensure you a successful purchase. A lender who is certified and experienced in HUD transactions is also important. I can direct you to an HUD experienced lender. Deanne Olivas 480 452-5567