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Find HUD homes in Minnesota

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You here some people talk about HUD homes, just like REO properties these are homes that have been foreclosed on and are listed for sale.  Except the home is not owned by the lender, it is controlled by HUD.

Sometimes the Department of Housing and Urban Development takes control of homes once the lender forecloses on the property. These homes are then usually listed for sale or put up at an auction. Home buyers that are interested in buying HUD homes can usually receive seller concessions from HUD if they use an FHA insured mortgage.

Where to find them

A lot of websites claim to have a list of HUD homes, but the best place to find them are on the Housing and Urban Development website. Here you can search single family homes or Multi Family properties from HUD all the way to Fannie Mae and Freddie Mac REO properties.

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By Jason Sandquist | October 12, 2008 | Filed Under HUD Homes For Sale 

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