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Achieving the American Dream is easier and so affordable
Whether you are an experienced investor or new homebuyer, buying foreclosed properties from the United States Department of Housing and Urban Development (HUD) is a great way to make money in the real estate market.
Many of these HUD homes are now being offered for a fraction of their market value – sometimes 30-50 percent!
According to its Web site – www.hud.gov – the Federal agency is responsible for national policy and programs that address America's housing needs, improve and develop the nation's communities, and enforce fair housing laws.
When homeowners with HUD-insured mortgages default on their home loans, HUD forecloses the properties and sells them to the general public at public auctions. HUD wants to sell these properties quickly to recover as much as possible on its investment.
That's the reason you can find great properties for dirt-cheap prices. And, you can find these outrageous deals on Foreclosure.com every day without paying a penny.
In addition to offering America's largest and most accurate searchable database of foreclosed properties, Foreclosure.com provides you with helpful links and resources to help you learn everything you need to know about the foreclosure process and buying a HUD home.
No special commitments are required to buy a HUD home. However, you do need to work with a HUD-approved broker. For your convenience, Foreclosure.com gives you all of the available contact information for these homes with each listing.
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