HUD sells properties at reduced prices that you might want to buy.
Learn how you can buy a HUD home.

If you think you want to buy a HUD home, contact a real estate broker in your area who is authorized to sell HUD homes (most are). The broker must submit the bid for you.

If you're buying a HUD Home, you're required to use a real estate agent. While purchasing a HUD Home may be easier than many private real estate transactions, there are still some requirements which must be met–certain forms that must be used, and procedures that must be followed. But these requirements are clearly stated in advance, and the real estate agent will be there to help you through it all.

HUD homes are appraised, then priced at fair market value for their location. The price of a home in need of repairs is adjusted downwards to reflect the investment the new owner must make to improve the home.

You will generally make your offer for a HUD Home during a designated “Listing Period.” With the commencement of the Initial Listing Period, bids may be submitted by all potential purchasers.