How to Buy a HUD Foreclosure!
The RYAN TEAM are the # 1 EXPERTS in Selling HUD homes!
HUD Homes can be purchased by investors and first time homebuyers. Bids are placed online by the Ryan Team.
Call or Email the Ryan Team today and learn more about HUD homes 847/526-0300 or email us at: email@example.com
The Ryan Team has been selling HUD homes since 1992. They have the experience necessary for you to successfully bid and purchase a Hud Home. If you are a first-time homebuyer a HUD home can make owning your own home affordable and with less money down. If you are an investor you can get a great deal on a HUD home too! An Experienced Agent who has current information and understands the process to purchasing a HUD home is a must!
Contact Ryan and Company, Realtors the HUD Foreclosure Experts! 847-526-0300
Hud homes sold by The Ryan Team and bought below market....
HOW TO BUY A HUD HOME
What is a "HUD Home"?
A HUD Home is a property that was previously financed with an FHA insured mortgage and where the owner has defaulted on the loan. The lender, then, forecloses on the home. FHA pays the lender what is owed; and the lender transfers ownership of the home to FHA/HUD. Then, HUD sells it at market value.
Who can buy a HUD Home?
Anyone who has the cash or can qualify for a mortgage can buy a HUD Home.
Is it true I can get a HUD Home for a dollar?
No. HUD sells homes at market value - that means that the price is set based on the price of similar homes sold in the area. Working with an experienced agent who can help you with that is the key! Experience in bidding and the market is key to a getting a great buy!
If the HUD Home needs repairs, will HUD make them?
HUD Homes are sold "as-is," without warranty. That means that HUD will not pay to correct any problems. Buyers are encouraged to get the home professionally inspected. Sometimes credits are given to the buyer and listed with the home for necessary repairs. Additionally, houses built before 1977 may have lead based paint, which can cause harm to your family; so be sure to read about this hazard and about what you would need to do to correct it.
How do I buy a HUD home?
HUD Homes are sold only through Participating Real Estate Agents. Call the #1 Experts at Ryan and Company, Realtors 847-526-0300 or email the ryan team at firstname.lastname@example.org today! Sean & Jill have been selling and closing hud properties for over 25 years; it pays to work with an experienced agent you can count on!