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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

FHA loans are geared toward individuals in need of lower down payments, or those who may not qualify for conventional loans due to lower credit scores. The brief answer is that these government-owned homes become available anytime a purchaser defaults on an FHA-insured loan, sending the property into foreclosure.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Adjustment date.