Thinking about buying a HUD home? 

HUD-owned homes can be a great opportunity for owner occupants, especially for first-time buyers.  All homes have a property condition report available for review prior to submitting a bid.  In addition, an FHA appraisal as been completed prior to listing the property, and the appraised value is stated on the information page for each property.  Only HUD-registered brokers can submit bids for one of these homes. 

For FHA loans, HUD is offering to perform a Lead Based Paint inspection on properties built prior to 1978, and make up to $4000 in repairs if necessary.  In addition, they will perform a Wood Destroying Organisms inspection, and clear section 1 items, up to $4000.  These two inspections are only available at HUD's cost for FHA loans.  All other loans types can still make any inspections they choose, but any required repairs will be at buyer expense.

For complete information on the HUD program, including property listings, property condition reports, and a list of HUD-registered brokers, go to www.HUDHomeStore.com.  For information on Sales Training for HUD homes, Buyer Outreach Events, or Buyer Information, go to www.HudPemco.com. 

If you have questions about how to view, access, or bid on HUD homes, click HERE for a list of frequently asked questions.

Homebuyers 

Join us for a buyer outreach BBQ at the offices of Golden State Realty Group at 3835 N. Freeway Blvd. in Sacramento.  We will be barbequing hot dogs, served with chips, soda, and cookies.  Stick around for our presentation on how to buy a HUD home.  Bring your friends and family, get a free lunch, and some great information!  Call 530-301-3164 for information and directions.

Look for our booth at our local Cinco de Mayo celebration.  We are planning to be in the Yuba Sutter area, at the Yuba Sutter Fairgrounds over the Cinco de Mayo weekend.  Stop by Sunday, May 6th and get a list of current properties available.

 Agents

 Come to our HUD Sales Training class on 4/25/12 at 1:00-3:00 pm.  This will be a hands-on training where you will learn where to find HUD listings, how to write a HUD Sales contract, and how to succeed at selling HUD homes.  The class will be held at the Placer County Association of Realtors located at 4750 Grove Street, Lincoln, CA.  Call 530-301-3164 for more information and to reserve your spot.

Agents, use the links below to find what you need to get started selling HUD homes:

Agent Selling Guide
Forms
Listing of available properties
FAQ's for agents