Roost Realty
404-376-5031
info@roostrealty.com
HUD Homes
Roost Realty is proud to be a HUD registered Broker.
What is a HUD Home?
A HUD home is a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
Who can buy a HUD Home?
Almost anyone! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors
How are HUD Homes sold?
Any buyer wanting to make an offer on a HUD home must use a HUD registered real estate broker to submit an offer and contract to purchase on their behalf. HUD pays the real estate broker's commission, if included in the contract.
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