What are HUD foreclosures?
Question:
Answer:
they are bank loan takeovers by HUD in distraught areas that HUD will provide a loan to low income wage earners to buy and fix up
they are homers , land , commerxcial bldgs, and plants that have been foreclosed due to lack of fulfilling the agreement . They are usually in loust condition and are sold as is and also need tons of work . Always take a building inspector with you when bidding on them also .
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