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 10/21/2014)

  1. 4 beds, 2 full, 1 part baths
    Home size: 2,135 sq ft
    Lot size: 10,454 sqft
    Year built: 1995
    Parking spots: 2
    Listed with Crye-Leike, Realtors
    Broker reciprocity icon
  2. 3 beds, 2 full baths
    Home size: 1,382 sq ft
    Year built: 1987
    Listed with Village Real Estate Services
    Broker reciprocity icon
  3. 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
  4. 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
  5. 3 beds, 2 full, 1 part baths
    Home size: 2,206 sq ft
    Lot size: 6,534 sqft
    Year built: 2002
    Parking spots: 2
    Listed with Exit Realty King & Associates
    Broker reciprocity icon
  6. 3 beds, 2 full baths
    Home size: 1,000 sq ft
    Lot size: 8,712 sqft
    Year built: 2006
    Listed with Zeitlin & Co., Realtors
    Broker reciprocity icon
  7. 3 beds, 1 full, 1 part baths
    Home size: 1,307 sq ft
    Lot size: 10,890 sqft
    Year built: 1974
    Parking spots: 2
    Listed with Exit Realty King & Associates
    Broker reciprocity icon
  8. 3 beds, 2 full baths
    Home size: 1,569 sq ft
    Lot size: 29,620 sqft
    Year built: 1980
    Parking spots: 2
    Listed with Carl Hill and Associates Real Estate
    Broker reciprocity icon
  9. 3 beds, 3 full baths
    Home size: 2,300 sq ft
    Lot size: 31,363 sqft
    Year built: 1986
    Parking spots: 2
    Listed with Carl Hill and Associates Real Estate
    Broker reciprocity icon
  10. 3 beds, 2 full baths
    Home size: 1,584 sq ft
    Lot size: 2.86 ac
    Year built: 1988
    Parking spots: 1
    Listed with Carl Hill and Associates Real Estate
    Broker reciprocity icon
  11. 2 beds, 2 full baths
    Home size: 1,428 sq ft
    Lot size: 26,136 sqft
    Year built: 1980
    Parking spots: 4
    Listed with Crye-Leike, Realtors
    Broker reciprocity icon
  12. 3 beds, 2 full baths
    Home size: 1,214 sq ft
    Year built: 1973
    Parking spots: 2
    Listed with Zeitlin & Co., Realtors
    Broker reciprocity icon
  13. 3 beds, 1 full bath
    Home size: 1,068 sq ft
    Lot size: 10,018 sqft
    Year built: 1959
    Parking spots: 1
    Listed with RE/MAX Elite
    Broker reciprocity icon
  14. 4 beds, 3 full baths
    Home size: 2,088 sq ft
    Lot size: 1.57 ac
    Year built: 1989
    Listed with Village Real Estate Services
    Broker reciprocity icon
  15. 4 beds, 2 full, 1 part baths
    Home size: 2,226 sq ft
    Lot size: 10,018 sqft
    Year built: 2001
    Parking spots: 2
    Listed with Zeitlin & Co., Realtors
    Broker reciprocity icon
  16. 3 beds, 1 full, 1 part baths
    Home size: 1,480 sq ft
    Year built: 1975
    Parking spots: 2
    Listed with Zeitlin & Co., Realtors
    Broker reciprocity icon
  17. 3 beds, 2 full, 1 part baths
    Home size: 4,118 sq ft
    Lot size: 36,154 sqft
    Year built: 1996
    Parking spots: 4
    Listed with Century 21 Jones Realty & Auction
    Broker reciprocity icon
  18. 2 beds, 1 full bath
    Home size: 1,275 sq ft
    Lot size: 11,761 sqft
    Year built: 1965
    Parking spots: 2
    Listed with Crye-Leike, Realtors
    Broker reciprocity icon
  19. 3 beds, 2 full baths
    Home size: 1,465 sq ft
    Lot size: 10,018 sqft
    Year built: 2000
    Listed with RE/MAX Elite
    Broker reciprocity icon
  20. 2 beds, 1 full bath
    Home size: 1,032 sq ft
    Lot size: 9,583 sqft
    Year built: 1993
    Listed with Parks
    Broker reciprocity icon

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

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