HUD Foreclosures in Sarasota, Manatee & Charlotte Counties Florida
What are HUD Foreclosures?
In some instances the Department of Housing and Urban Development (HUD) will places homes up for sale. These are the result of foreclosed homes that were purchased with a loan insured by the Federal Housing Administration (FHA). The lender would have submitted a claim for the balance due on the mortgage. Upon paying it off, the FHA, who are a branch of HUD, now owns the property and they put it up for sale at fair market value minus any necessary repairs.
When you find a HUD home, simply let me know and I will submit a bid for you within the designated offer period. All offers are reviewed and the highest reasonable bid is accepted. Keep in mind that HUD homes are sold as-is and you, as the new owner will be responsible for any repairs.
HUD owned foreclosures in Sarasota, Manatee, and Charlotte Counties
If you have any questions about HUD Foreclosures in Sarasota, Manatee & Charlotte Counties or need more detailed information, please feel free to contact Adam Robinson, Key Realty, at cell (941) 556-5656.
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS.
Listing information last updated on July 21st, 2017 at 12:22pm EDT.