FHA-insured mortgages go into foreclosure every day. Hud.com helps you stay on top of the latest listings.
Mortgages with insured loans from the Federal Housing Administration (FHA) that go into foreclosure represent unlimited opportunity for experienced and novice investors alike. Government agencies are offering a growing number of foreclosure properties because of record increases in homeownership over the past several years.
Finding and capitalizing on these deals is a great way to build wealth in the multibillion-dollar foreclosure industry.
The FHA, which is a part of the Department of Housing and Urban Development (HUD), provides federal mortgage insurance. If a borrower can't pay his or her mortgage, and the FHA insures the loan, the lender can file a claim for the balance due on the mortgage. HUD – www.hud.gov – will often then get the final title from the lender and foreclose on the property.
Every day, Hud.com researches and finds these bargain HUD foreclosures throughout the United States.
Because we acquire our information directly from hundreds of foreclosing lenders and government agencies, we're able to provide you with the most comprehensive, up-to-the-minute property information inventory available.
Hud.com offers America's largest and most accurate searchable database of foreclosures, preforeclosures, bankruptcies, FSBOs, and tax liens in one place. In addition to HUD homes, our foreclosure listings include VA homes, bank foreclosures, repossessed properties, mortgage lender REOs and much more.
From the most accurate property information to the resources necessary to invest wisely, Hud.com has all the tools you need to profit from real estate.