Buying a home owned by lenders or the Housing and Urban Development department (HUD) can be a great way to get a house for a lot less than it would traditionally cost.
After home owners default on their mortgages, lenders take over ownership of the property, which is known as a foreclosure. Other times HUD will buy the property from the lender and become the owner.
Because these homes typically need to sell fast, you can often buy them for less than market value. At Curve Realty, LLC we have access to all the Austin HUD homes and Austin foreclosures. We can show you which homes are a good deal and what to look for when buying, and we can help you close.
Visit the U.S. Department of Housing and Urban Development to see the properties currently listed.
Contact us today to inquire about HUD homes and foreclosures available in the neighborhood you’re looking at. You just might find one that you like for a price you’ll love.