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Can I buy a HUD home?

Anyone who qualifies and meets guidelines may buy a HUD home. HUD homes are generally offered to primary residence occupants, however following the priority period for owner occupants, unsold properties are available to all buyers.

What about Financing?

HUD does not provide direct financing to buyers of HUD homes, buyers must seek financing though a mortgage lender (unless Buyer intends to use cash). You may be able to quality for an FHA-insured mortgage to finance your home purchase.

So, does FHA offer any Special Programs or Discount Sales?

Yes! Properties located in designated Revitalzation areas are available for reduced sales prices to law enforcement officers, teachers, firefighters, emergency medical technicians, nonprofits, and local governments through the Good Neighbor Next Door Initiatives.

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About the Author

Nancy Braun is the creative force behind Charlotte’s Showcase Realty and its several divisions. Focusing on technology and delivering a new kind of real estate experience, she has created a new model for the Charlotte real estate industry.

What Happy Homebuyers Are Loving About Us

Dana Ward

I wanted to take a minute to thank you and your office on the handling of the purchase of Temple Crt Gastonia NC. Showcase Realty was outstanding and did great job. They're attention to details and follow up communication was very much appreciated. Being more than 900 miles away they made process much easier for us as they coordinated the whole process on a complicated HUD foreclosed property.

I have worked with other agents in Charlotte area over past 3yrs. I found their efforts less than satisfactory. Showcase Realty was outstanding. I will continue work with Showcase team and your office as we continue purchase and sell property in the greater Charlotte area.

Again, thank you for outstanding service.

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