Hud Homes in Louisville KY and Surrounding Areas
HUD homes can be a great deal for owner occupants and investors who are looking for a good deal.
But you have to know what you are lookng at, just because it is a foreclosure or Hud Home does not make it a great deal.
You have to consider the costs of repairs and the end retail value of a property to see if it is a good deal.
If you are an owner occupant, you have a slight advantage over investors when it comes to bidding on Hud Homes. Owner occupants get first shot at buying the property. Owner Occupant bids are looked at first and if your bid meets Hud's threshold for selling that particular house then you are the winning bid, even if an investors bid is higher than yours. Hud wants to promote home ownership.
For a Free Updated List of HUD Homes go to KY HUD HOMES
But you have to know what you are lookng at, just because it is a foreclosure or Hud Home does not make it a great deal.
You have to consider the costs of repairs and the end retail value of a property to see if it is a good deal.
If you are an owner occupant, you have a slight advantage over investors when it comes to bidding on Hud Homes. Owner occupants get first shot at buying the property. Owner Occupant bids are looked at first and if your bid meets Hud's threshold for selling that particular house then you are the winning bid, even if an investors bid is higher than yours. Hud wants to promote home ownership.
For a Free Updated List of HUD Homes go to KY HUD HOMES
List of Hud Homes
For a Free Real Time Updated List of HUD Homes go to KY HUD HOMES
Louisville and Surrounding Counties Foreclosed Homes
If you are interested in HUD homes, you might also want to check out my site on Foreclosures, Bank Owned Homes and Short Sales in the Louisville and surrounding areas. There are several opportunities with corporate owned homes just like HUD owned homes. I have the foreclosed homes broken down by area to make is easier to search, see what you think
What's happening in Lousiville KY Real Estate
Check out my blog on homes for sale in Louisville KY, plus articles, video and more
Reader Feedback
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Jenny18
Jun 15, 2011 @ 4:45 am | delete
- You have provided nice info, and good lens too :)
Thanks
commercial properties for sale
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hubsol
May 28, 2011 @ 4:09 am | delete
- i like it vary much its vary nice and good
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ShortSaleRealtor
Jan 24, 2010 @ 1:06 pm | delete
- great lens and hi 5 to you
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Want more info on current HUD Properties for sale in the Louisville area?
You can call me, email me or visit my websiteDaren Bailey
Realtor/Broker in KY
Coldwell Banker McMahan
6402 Railroad Ave
Crestwood KY 40014
502-212-7421
Email Me
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