Government Homes for One Dollar?

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Urban legends about Hud

1) You can buy a home from the government for .

Did you legitimately think you could? Sadly, most people that enter their prestige card numbers on those flashy speculation websites, or call in and order that expensive As Seen on Tv holder legitimately think they can.

Hud does have programs which allow charities, city, and county governments to buy properties at , but there are no programs for investors or home buyers which allow this.

2) Hud homes are in the worst neighborhoods in the city.

Not true at all. Hud homes can in fact, be found in even the most exclusive areas of the city.

3) Hud homes are commonly falling down, or have been condemned by the city.

Again, not true. While there are legitimately some houses in very poor shape, the vast majority of houses are in remarkably good shape.

4) Hud only sells a home when a welfare house no longer wants to live there.

This is a huge myth. Hud gets their homes when a home owner defaults on an Fha insured mortgage. people from all walks of life lose houses everyday. The amount of Hud owned homes in middle class neighborhoods would astound you.

The next time you see a website contribution information on Government homes, you'll know better than to click on that blinking box! If however you are interested in a fixer-upper, Hud may have a house for you.

Easy Apply Now.