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.

Where can I search for HUD properties?
You may visit the website at http://hud1.towerauction.net/FL.htm.  The link will open a new window.

How are HUD Homes sold?
All properties available for purchase by the public are offered for sale through listing sites maintained by brokerage companies authorized to assist buyers with HUD homes. Any real estate broker registered with HUD may submit an offer and contract to purchase on your behalf. HUD pays the real estate broker's professional fee.  Rational Realty, LLC is an authorized and registered brokerage to submit offers on HUD properties.  Contact any of Rational Realty's agents or the broker directly to discuss making an offer on a HUD property.