Find Rent To Own Homes
Learn the answers to the most frequently asked questions regarding the purchase of HUD homes. The listing period will be prominently displayed next to each property for sale, and on its individual listing page. Since HUD homes have gone through the foreclosure process, they’re usually not in the best condition when they’re sold. This makes HUD homes a reliable source for those looking to invest in rental properties.
Second, HUD provides a number of incentives for owner occupied buyers. All buyers must be accompanied by an agent when viewing any HUD home listed for sale. It is also important to note that the HUD does not allow the assignment of contracts, so wholesalers must purchase the property before selling it, and will be required to pay earnest money and show a proof of funds.
REO (Real Estate Owned) properties are sold as foreclosures through a lender or a lender’s representative. …