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 7/22/2014)

  1. 2 beds, 1 full bath
    Home size: 768 sq ft
    Lot size: 13,939 sqft
    Year built: 1953
    Listed with Change of Place Realty
    Broker reciprocity icon
  2. 4 beds, 2 full, 1 part baths
    Home size: 2,709 sq ft
    Lot size: 10,454 sqft
    Year built: 2010
    Parking spots: 2
    Listed with Crye-Leike, Realtors
    Broker reciprocity icon
  3. 2 beds, 1 full bath
    Home size: 972 sq ft
    Lot size: 5.60 ac
    Year built: 1960
    Listed with Crye-Leike, Realtors
    Broker reciprocity icon
  4. 3 beds, 2 full baths
    Home size: 1,830 sq ft
    Lot size: 12,632 sqft
    Year built: 1973
    Parking spots: 1
    Listed with Bob Parks Realty, LLC
    Broker reciprocity icon
  5. 3 beds, 2 full baths
    Home size: 1,301 sq ft
    Lot size: 29,185 sqft
    Year built: 1960
    Parking spots: 1
    Listed with Village Real Estate Services
    Broker reciprocity icon
  6. 3 beds, 3 full baths
    Home size: 2,880 sq ft
    Lot size: 6,969 sqft
    Year built: 1990
    Parking spots: 2
    Listed with Parks
    Broker reciprocity icon
  7. 4 beds, 2 full baths
    Home size: 1,134 sq ft
    Lot size: 13,503 sqft
    Year built: 1987
    Listed with REALHome Services and Solutions, Inc.
    Broker reciprocity icon
  8. 3 beds, 2 full baths
    Home size: 1,326 sq ft
    Lot size: 6,969 sqft
    Year built: 2002
    Parking spots: 2
    Listed with Crye-Leike, Realtors
    Broker reciprocity icon
  9. 4 beds, 2 full, 1 part baths
    Home size: 2,630 sq ft
    Lot size: 11,325 sqft
    Year built: 2005
    Parking spots: 2
    Listed with RE/MAX Elite
    Broker reciprocity icon
  10. 4 beds, 2 full baths
    Home size: 1,286 sq ft
    Lot size: 16,117 sqft
    Year built: 2001
    Listed with John Jones Real Estate LLC
    Broker reciprocity icon
  11. 3 beds, 2 full baths
    Home size: 2,161 sq ft
    Lot size: 43,560 sqft
    Year built: 1966
    Parking spots: 2
    Listed with Coldwell Banker Lakeside Inc.
    Broker reciprocity icon
  12. 3 beds, 2 full, 1 part baths
    Home size: 2,376 sq ft
    Lot size: 6,534 sqft
    Year built: 2008
    Parking spots: 2
    Listed with Zeitlin & Co., Realtors
    Broker reciprocity icon
  13. 4 beds, 2 full baths
    Home size: 1,976 sq ft
    Lot size: 11,761 sqft
    Year built: 2000
    Parking spots: 2
    Listed with Key Concepts Real Estate
    Broker reciprocity icon
  14. 3 beds, 2 full, 1 part baths
    Home size: 1,568 sq ft
    Year built: 2005
    Listed with Crown Realty Homes
    Broker reciprocity icon
  15. 4 beds, 3 full, 1 part baths
    Home size: 3,305 sq ft
    Lot size: 9,147 sqft
    Year built: 2004
    Parking spots: 3
    Listed with Southern REALTORS
    Broker reciprocity icon
  16. 3 beds, 2 full baths
    Home size: 1,110 sq ft
    Lot size: 10,454 sqft
    Year built: 1999
    Listed with RE/MAX Elite
    Broker reciprocity icon
  17. 3 beds, 2 full, 1 part baths
    Home size: 1,224 sq ft
    Lot size: 32,500 sqft
    Year built: 1999
    Parking spots: 2
    Listed with Baymar Realty
    Broker reciprocity icon
  18. 3 beds, 2 full baths
    Home size: 1,248 sq ft
    Lot size: 2.20 ac
    Year built: 1995
    Listed with Crye-Leike, Realtors
    Broker reciprocity icon
  19. 3 beds, 2 full baths
    Home size: 2,165 sq ft
    Lot size: 10,018 sqft
    Year built: 2000
    Listed with Crown Realty Homes
    Broker reciprocity icon
  20. 4 beds, 3 full baths
    Home size: 2,065 sq ft
    Lot size: 40,510 sqft
    Year built: 1962
    Parking spots: 2
    Listed with REALHome Services and Solutions, Inc.
    Broker reciprocity icon

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

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