How to Buy HUD Foreclosures?

Answer The Office of Housing and Urban Development (HUD) offers mortgage assistance to low income and first time buyers. This assistance is called FHA mortgage insurance and ensures that a mortgage will b... Read More »

Top Q&A For: How to Buy HUD Foreclosures

How to Bid on HUD Foreclosures?

When an individual loses his home to foreclosure, his lender seizes the property and allows the public the opportunity to purchase it through a live foreclosure auction. These auctions are traditio... Read More »

How much do you pay an attorney for foreclosures?

As of 2010, an attorney fee for a home foreclosure can range from about $500 to as much as $1,950. This attorney fee will vary depending on the complexity of your foreclosure.References:Ocwen Custo... Read More »

What is a moratorium on foreclosures?

According to the Washington Independent, a moratorium on foreclosures is a temporary ban in which foreclosure activity is stopped. Moratoriums are designed to allow the government time to create r... Read More »

How many foreclosures were there in 2003?

Single-family home foreclosures totaled approximately 659,930 in 2003. This represents 1.65 percent of all single family mortgages for that year, according to data collected by the Census Bureau an... Read More »