Hud Homes In Norman, Moore, And Oklahoma City, OK
A HUD home is a 1-to-4 unit residential property acquired by the Department of Housing and Urban Development (HUD) as a result of a foreclosure action on an FHA-insured mortgage. HUD accepts the highest bid that provides them with their acceptable net proceeds. HUD also recently began giving first shot at homes coming into the system to people made homeless by Hurricane Katrina at the same 10 percent discount. Homes built before 1978 may contain lead-based paint, so learn more about lead paint hazards before making an offer.
Once HUD takes ownership they will start the marketing process by assigning the property to their Asset Manager in the district that the property is located. Easy to search Its very easy now to search Hud properties by this app provide detail information about properties to me and i like this app very much.
By working through a few extra steps, following …