HUD PROPERTY INFORMATION
HUD Home Listings - This will link you directly to the website HUD publishes all of its listings on; you can search by county in Utah. This is the most up-to-date place for HUD listings because they can change daily.
What is a HUD Home?
A HUD home is a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
Who can buy a HUD Home?
Almost anyone! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.
OWNER OCCUPANT SALES INCENTIVE
HUD will pay up to 3% toward buyer loan costs.
Your HUD Home can be Your Dream Home
FHA's Streamlined 203(k) program permits homebuyers to finance up to an additional $35,000 into their mortgage to improve or upgrade their home before move-in. With this new product, homebuyers can quickly and easily tap into cash to pay for property repairs or improvements, such as those identified by a home inspector or FHA appraiser.
Counties: Salt Lake,Davis & Weber, Utah