8 Tips For Purchasing a HUD Home


What is a HUD Home?

A HUD home is one owned by the US Department of Housing and Urban Development (HUD). If a foreclosed home was initially purchased with a loan from the Federal Housing Administration (FHA), the lender files a claim for the balance due on the mortgage. FHA then pays the claim and transfers ownership to HUD who becomes the home owner and seller.

What You Should Know

  1. To purchase, you must use a HUD-registered real estate broker (hint: I am one)
  2. You must have a written pre-approval letter from a reputable mortgage provider
  3. Owner-occupying bidders receive first priority
  4. HUD offers three types of properties: FHA insurable homes, FHA insurable homes with a repair escrow, and homes that are not insurable with an FHA loan.
  5. You do NOT have to use and FHA loan as a purchaser.
  6. HUD homes are sold AS-IS.
  7. Before making a bid you must provide your HUD-registered real estate broker with the appropriate earnest money in the form of a cashier’s check.
  8. Your earnest money check should be made payable to the escrow account of your HUD-registered broker.


Recent Foreclosure and HUD homes in Nashville

See all Foreclosure Listings.
(all data current as of 8/28/2014)

  1. 3 beds, 2 full baths
    Home size: 1,050 sq ft
    Lot size: 15,246 sqft
    Year built: 1972
    Parking spots: 1
    Listed with Crown Realty Homes
    Broker reciprocity icon
  2. 3 beds, 2 full baths
    Home size: 1,364 sq ft
    Lot size: 5,227 sqft
    Year built: 2007
    Parking spots: 1
    Listed with Parks
    Broker reciprocity icon
  3. 3 beds, 2 full baths
    Home size: 1,569 sq ft
    Lot size: 13,939 sqft
    Year built: 2000
    Parking spots: 1
    Listed with REALHome Services and Solutions, Inc.
    Broker reciprocity icon
  4. 2 beds, 1 full bath
    Home size: 1,396 sq ft
    Lot size: 7,405 sqft
    Year built: 1912
    Listed with Village Real Estate Services
    Broker reciprocity icon
  5. 2 beds, 1 full, 1 part baths
    Home size: 1,040 sq ft
    Year built: 1976
    Listed with REALHome Services and Solutions, Inc.
    Broker reciprocity icon
  6. 3 beds, 1 full, 1 part baths
    Home size: 1,277 sq ft
    Lot size: 10,018 sqft
    Year built: 1979
    Listed with Zeitlin & Co., Realtors
    Broker reciprocity icon
  7. 3 beds, 1 full bath
    Home size: 1,025 sq ft
    Lot size: 31,798 sqft
    Year built: 1969
    Listed with REALHome Services and Solutions, Inc.
    Broker reciprocity icon
  8. 4 beds, 2 full, 1 part baths
    Home size: 2,364 sq ft
    Lot size: 22,215 sqft
    Year built: 1987
    Listed with RE/MAX Elite
    Broker reciprocity icon
  9. 3 beds, 1 full bath
    Home size: 975 sq ft
    Lot size: 6,969 sqft
    Year built: 1969
    Listed with REALHome Services and Solutions, Inc.
    Broker reciprocity icon
  10. 3 beds, 2 full, 1 part baths
    Home size: 2,240 sq ft
    Lot size: 6,969 sqft
    Year built: 1992
    Parking spots: 2
    Listed with Crye-Leike, Realtors
    Broker reciprocity icon
  11. 3 beds, 1 full, 1 part baths
    Home size: 1,169 sq ft
    Lot size: 5,227 sqft
    Year built: 1983
    Parking spots: 1
    Listed with REALHome Services and Solutions, Inc.
    Broker reciprocity icon
  12. 3 beds, 2 full, 1 part baths
    Home size: 1,862 sq ft
    Lot size: 12,196 sqft
    Year built: 1995
    Parking spots: 2
    Listed with John Jones Real Estate LLC
    Broker reciprocity icon
  13. 3 beds, 1 full bath
    Home size: 1,283 sq ft
    Lot size: 15,681 sqft
    Year built: 1963
    Listed with Baymar Realty
    Broker reciprocity icon
  14. 3 beds, 1 full, 1 part baths
    Home size: 1,375 sq ft
    Lot size: 12,196 sqft
    Year built: 1966
    Listed with RE/MAX Elite
    Broker reciprocity icon
  15. 2 beds, 1 full bath
    Home size: 992 sq ft
    Lot size: 1.75 ac
    Year built: 1948
    Parking spots: 1
    Listed with REALHome Services and Solutions, Inc.
    Broker reciprocity icon
  16. 3 beds, 2 full baths
    Home size: 1,358 sq ft
    Year built: 1976
    Parking spots: 2
    Listed with Crye-Leike, Realtors
    Broker reciprocity icon
  17. 5 beds, 2 full baths
    Home size: 2,705 sq ft
    Lot size: 6,534 sqft
    Year built: 2005
    Listed with Crown Realty Homes
    Broker reciprocity icon
  18. 3 beds, 2 full baths
    Home size: 2,084 sq ft
    Lot size: 6,098 sqft
    Year built: 2007
    Listed with Crown Realty Homes
    Broker reciprocity icon
  19. 3 beds, 2 full baths
    Home size: 1,812 sq ft
    Lot size: 11,325 sqft
    Year built: 1997
    Parking spots: 2
    Listed with REALHome Services and Solutions, Inc.
    Broker reciprocity icon
  20. 4 beds, 3 full baths
    Home size: 2,750 sq ft
    Lot size: 9,147 sqft
    Year built: 2006
    Parking spots: 2
    Listed with Zeitlin & Co., Realtors
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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