HUD.: U.S. Department of Housing & Urban Development
"HUD homes can be a very good deal. When someone with a HUD-insured mortgage cannot make their payments, the lender can foreclose on the home; HUD then pays the lender what is owed and takes ownership of the home. HUD sells the home at market value as quickly as possible." ~ www.GinnieMae.gov
To make a bid on a HUD Home, you will need to use a Registered Selling HUD Broker. The firm of RE/MAX 8 (of which The Hudson Team is part of) is one of four registered HUD brokers in the 24060 zip code as of September, 2010. To search for local HUD brokers, please click http://www.hudhomestore.com/HUD/BrokerSearch.aspx
To search for HUD listings in Virginia, please click https://hudhomestore.secureportalk.net/HUD/PropertySearchResult.aspx?sState=VA
Amy Hudson, Broker
ABR, GRI, CRS, CDPE, SFR
Toll Free: 888.641.7343
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