Information for those considering the purchase of a "HUD" home in New Jersey.

Homes owned by HUD (The US Department of Housing and Urban Development) are obtained by HUD as a result of foreclosed FHA loans. When HUD takes title they clean out the houses, make sure the title is clear, have them appraised and put them on the "HUD list" for bidding. They use the appraised amount as their "list price". Most sales are for much more than the 'list price'.

For a current list of Government Homes for sale in NJ go to:

www.southjerseyhomes.com/homes/hdupdate.htm

You must have a prequalification letter to bid. You must also provide an "earnest money deposit" which will be returned to you if you are not the winning bidder. That is a HUD requirement. For information about how the bidding process works or to make an appointment to view the interior of one or more of the homes call, Paul Howard, Broker, at NJHomeBuyer.com Realty . We have been authorized by HUD to show and take bids on these homes. For more insight into the viewing and bidding process see:

Home Tour information

If you would like information beyond that presented here or would like to meet to discuss the purchase of a home, please contact the broker shown below to schedule an appointment.

Paul Howard, Broker

NJHomeBuyer.com Realty - Cherry Hill

Cherry Hill NJ

Email-Paul@SouthJerseyHomes.com