HUD Foreclosures and HUD Homes
Greater Dallas Fort Worth Metroplex
If you are looking to purchase a HUD Foreclosure or a HUD Home in the DFW Metroplex, you've come to the right place!
Unlike many foreclosure sites, we will not ask you to pay us to look at foreclosure listings, nor will we require you to give us your contact information. Feel free to use the "HUD Search" links below. You can have immediate access to all active HUD Foreclosure listings in the greater Dallas - Ft. Worth Metroplex.
While getting a mortgage prequalification is a good idea for general real estate, a mortgage conditional commitment letter is required by HUD prior to us submitting a bid on your behalf. Make sure your loan officer knows you are considering a HUD foreclosure as mortgages on HUD properties are very different from other mortgages.
If you have questions about HUD foreclosures, take a look at our FAQs section below. You can also contact one of our licensed real estate professionals by clicking on the "Contact" link at the top of the page. You can reach us via phone, fax, or email.
We look forward to working with you on your HUD home purchase!
You can search for available HUD Foreclosures and HUD Homes by clicking on the county in the map below.
What is a HUD home?
A HUD home is a one to four 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.
How are HUD homes sold?
All properties available for purchase by the public are offered for sale at Internet listing sites maintained by management companies under contract to HUD. We are a HUD registered real estate brokerage and can submit an offer and contract to purchase on your behalf. HUD even pays the real estate commission!
Are there any special programs?
Properties in designated areas are available at a reduced sales price to police officers, teachers, firefighters, emergency medical technicians, non-profits and local governments. Contact us to learn more about these Good Neighbor initiatives.
Should I get a home inspection?
We encourage you to get an inspection after your offer is accepted. All HUD homes are sold AS-IS, without warranty. HUD will not make repairs nor pay to correct any problems.
What about financing?
Although HUD does not offer financing directly, many of these homes qualify for FHA-insured loans.
Gina Branch specializes in real estate throughout the north Dallas suburbs and provides a level of service that's a step above what you might expect. If there is anything we can do to make your Dallas Home Search more efficient and enjoyable, please contact us today!