Friday, December 5, 2008

HUD Home Info

A HUD home is a house that the Department of Housing and Urban Development (HUD) owns and wants to sell. HUD is the owner because the house used to have FHA financing and the previous owner went into foreclosure. HUD is the government agency that oversees the Federal Housing Administration (FHA).

Ever wonder where to get all the information you could want about HUD homes? Here's the link:

http://www.mcbreo.com/st_comain.htm

Make sure you click on the "Broker Handbook" link on the right of the page.

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