HUD homes are awesome, we sale a lot of them. Very easy to work with and obtain financing. They are not auctions, they simply use a online offer system which add a ton of transparity. HUD deals have specific details and the question you need to ask you Agent is how many HUD homes have they sold to a Owner Occupied seller in the last quarter. You will be surprised. The homes have already been appraised and inspected for section 1 damage prior to listing. There is also a repair list to see what your getting into before you ever waste your time seeing it. The home will show if the home has a insured or non insured FHA loan on it, this is key and a way to test your Agents knowledge.... If using a FHA loan its a great fit, you save on the appriasal and section 1 repairs which are a minimum of 600 in savings and maybe thousands. They will also provide a repair escrow for additional repairs but be sure your lender can work with those, most cant and will only find out when your at closing. We do them all the time. Again these homes are something we do a lot of, and we also finance them with all types of financing, but FHA is the best fit and will increase your chances of acceptance. Also they are only for offer by Owner occupants and non profits for the first sales period. Act fast. We are at 1210 Central Blvd Suite A if you need to meet with us.