Tag

HUD home definition

“HUD Home,” Defined

Wouldn’t That Make it an FHA Home?? If Realtors can’t keep it straight, I doubt non-professionals can, either. So, for the record, a “HUD home” is a home that was financed by FHA, defaulted, and is now owned by the Department of Housing and Urban Development (by the time that happens, the lender has long...
Read More

Archives