HUD (Housing and Urban Development) REO Properties
HUD is a government entity that was created in 1937 to providing housing development for low to moderate income individual & families.
I extensively navigated through the various states. First thing we noticed was it was not the same website for each state even though a portion of the HUD listings are through one website. I tried to do all the major cities to see what was available and how well the REO search functioned.
Surprisingly it was very easy to use and fast. I was enamored to be honest, I found some pretty good deals (TBD) in my opinion with some properties looking pretty good and they were close to the city centers.
There is only residential listings to my knowledge. With that said, I did see some properties with nine bedrooms. This looks to be a good find and happy hunting.
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