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Foreclosed Homes for Sale

Real Estate Library: Foreclosed Homes

Foreclosed homes for sale:

From Department of Housing and Urban Development (HUD)
A HUD Home is a one-to-four unit residence acquired as a result of a foreclosure on a FHA-insured mortgage. A HUD Home may be a single-family house, a townhouse, condominium or other type of residence. Offers for HUD Homes can only be made through a licensed real estate broker. The person making the highest acceptable bid is generally awarded that HUD Home. HUD Homes, because they're sold in "as-is" condition, can often be a great, affordable opportunity for the fixer-upper.

From the Veterans Administration
VA acquires over 20,000 homes a year nationwide due to defaults on VA guaranteed loans. Here is information on how VA sells these properties.

From Federal Deposit Insurance Corporation

From GSA

Foreclosure Magazine lists real estate bank foreclosures, government foreclosure, repossessed properties, handyman specials and property auctions.


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