What Is a HUD Home? Are the Savings Worth the Risks?
HomeLight
JUNE 28, 2021
Due to the nature of how a home becomes a “HUD home,” purchasing one differs from the traditional homebuying process, and there are a few qualifications, special incentives, and risks that any savvy homebuyer should be aware of. Get pre-qualified with a mortgage lender. This loan does have income and location eligibility requirements.
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