i want to buy a foreclosed home no older than 10 yrs. in cedar hill area. how will/do i know if they are HUD?

C.c.
Home Buyer
Dallas, TX

homes surrounding the immediate area? i am opposed to being around many HUD homes! crime is a concern as well.

Answers (2)
Lynn911.com Dal...
Agent
Dallas, TX

We specialize in foreclosures in the DFW area, Cedar Hill has quite of few. Many are new builds move in quality.
There are many tips and tricks on working with foreclosures you need a season agent that understands the foreclosure markets. Many believe just because it's a foreclosure is below market value that is not the case in many instances.

HUD is difficult till after the bidding process ends then the bids are daily, some foreclosures the banks take a bidding process.

Love to assist you you can visist my website http://www.lynn911.com we have close to 4,000 foreclosures posted to the site. I am also a loan officer you will need to be pre-approved for a loan prior to working with a real estate agent.

972-699-9111
Lynn
911@lynn911.com

Web Reference: http://www.lynn911.com
Fri Apr 18 2008, 21:29
Naima Sumner
Agent
Dallas, TX
FIRST ANSWER

Cc, When a house is a HUD house, it doesn't mean crime. It simply means that the financing was insured by HUD, therefore an FHA which is usually a loan that many first time homebuyers qualify for if they have dings on their credit.

Are you looking for buy something to repair and sell as an investment? or a house to live in?

Foreclosures are not always the best deal out there. I'll be happy to do a search for you and email you what is available. Please feel free to contact me offline.

Naima
naima@sumner-realty.com
214-289-8555

Fri Apr 18 2008, 21:05

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