Internet's best source for FREE FORECLOSURE LISTINGS

HUD Foreclosures

Enter your zip code & email to search foreclosures!!
And get free email alerts!


A Hud Foreclosure occurs when a property insured by the Housing and Urban Development Corporation is repossessed.

When a HUD insured loan is foreclosed on, the property goes to auction at the courthouse. If it does not sell at the courthouse, a realtor is hired to sell the property by taking bids on the home. Once the home sells, the bank may report any losses to the department of Housing and Urban Development to re-coup any losses.

Due to the recent recession, HUD Homes were hit the hardest in the foreclosure market, because the buyers of these homes were already teetering on the edge of being able to afford their homes. The real estate downturn pushed it to a breaking point.

Because the bank or mortgage company has no risk of losing money on the transaction, these homes often go for a very steep discount.

Foreclosures By State:

Alabama Foreclosures | Alaska Foreclosures | Arizona Foreclosures | Arkansas Foreclosures | California Foreclosures | Colorado Foreclosures | Connecticut Foreclosures | Delaware Foreclosures | Florida Foreclosures | Georgia Foreclosures | Hawaii Foreclosures | Idaho Foreclosures | Illinois Foreclosures | Indiana Foreclosures | Iowa Foreclosures | Kansas Foreclosures | Kentucky Foreclosures | Louisiana Foreclosures | Maine Foreclosures | Maryland Foreclosures | Massachusetts Foreclosures | Michigan Foreclosures | Minnesota Foreclosures | Mississippi Foreclosures | Missouri Foreclosures | Montana Foreclosures | Nebraska Foreclosures | Nevada Foreclosures | New Hampshire Foreclosures | New Jersey Foreclosures | New Mexico Foreclosures | New York Foreclosures | North Carolina Foreclosures | North Dakota Foreclosures | Ohio Foreclosures | Oklahoma Foreclosures | Oregon Foreclosures | Pennsylvania Foreclosures | Rhode Island Foreclosures | South Carolina Foreclosures | South Dakota Foreclosures | Tennessee Foreclosures | Texas Foreclosures | Utah Foreclosures | Vermont Foreclosures | Virginia Foreclosures | Washington Foreclosures | West Virginia Foreclosures | Wisconsin Foreclosures | Wyoming Foreclosures | District of Columbia Foreclosures |
Sample Foreclosures:
North Carolina Home. $72,000 below value
Atlanta Home. $45,000 below value.