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.
You must follow the guidance on the HUD Homes web page.
To begin the process of locating a HUD Home, go to:
HUD Homes
To read more about this program, go to:
Homes for Sale
To contact the Federal Housing Administration (FHA), please use one of the following methods:
Visit:
The FHA Resource Center
Write to:
U.S. Department of Housing and Urban Development
Federal Housing Administration
451 Seventh St., SW
Washington, D.C. 20410
Call:
1-800-CALL-FHA (1-800-225-5342) or via Federal Information Relay Service (w/TTY): 1-800-877-8339
Email:
answers@hud.gov