What are the advantages/disadvantages of buying a HUD home sold 'as is'?

Asked by Lynn, Clinton, TN Sun May 18, 2008

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Jeffrey Schn…, Agent, Austin, TX
Sun May 18, 2008
Lynn,

The answer to your question could last an hour or more, but I'm sure you don't have that long, nor do I. But there are some very good resources at your disposal to read up on. Check out the following links:

http://www.hud.gov/buying/comq.cfm
http://www.pueblo.gsa.gov/cic_text/housing/hudhome/sfhhomeb.html
http://www.planoonline.com/RealEstate-HUDQuestionsAnswered.asp

If you tread carefully, and have a an agent who has experience in buying HUD homes represent you, they can be a very, very good investment.

Best of luck,

Jeffrey
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