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Who can buy a HUD owned home?

April 26, 2017buy Home HUD

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Who can buy a HUD owned home?

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Any qualified purchaser can make an offer to buy a HUD home. All offers must be submitted by a certified HUD approved real estate agent. Before making an offer, the prospective buyer must have a pre-qualification letter (with Credit Report approved by lender) for the loan amount needed, earnest money and a signed contract. Buyers paying cash must provide proof of available funds.