HUD Home Store

HUD (Housing and Urban Development) offers properties for sale that are owned by HUD. Sachs Realty is registered with HUD so that agents can place bids on behalf of their client to purchase a HUD property. Your agent Richard Thobe has assisted clients with this type of purchase.

HUD properties are single family homes as well as multifamily homes up to 4 units. Property acquired by HUD is a result of a foreclosure action on an FHA insured mortgage.  

After foreclosure, HUD becomes the property owner and offers it for sale to owner occupants first as well as non profits and investors (after a owner occupant priority time period).

GOOD NEIGHBOR NEXT DOOR Program – This program is designed for law enforcement officers, firefighters, emergency medical technicians and teachers. The program offers these buyers a substantial incentive in the form of a 50% discount on the list price of eligible properties. 

Ask Richard Thobe about bidding on a HUD owned property today. Bids for properties must be submitted by a HUD registered real estate broker such as Sachs Realty.

For more information on purchasing a HUD home, contact Richard Thobe now.

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Richard Thobe
Richard Thobe