| When looking for foreclosed HUD houses, you can find | | | | you can use your free trial. If you don not cancel your |
| free listings that can save you valuable time trying to | | | | account before your free trial expires, you may find |
| locate the properties within a particular geographical | | | | you get charged for the first installment of paid service. |
| area. These listings usually have only foreclosed | | | | There are foreclosed homes that had US Federal |
| homes on them, so that most of the locating has | | | | Housing Administration (FHA) insured mortgages, which |
| already been done for you. Most foreclosed homes | | | | eventually become property of the US government. |
| are not typically listed on a standard real estate | | | | The US Department of Housing and Urban |
| property listing. | | | | Development (HUD) is the federal agency which |
| On the Internet, many web sites offer free foreclosure | | | | administers the sale of these homes. There are |
| listings, including some dedicated to listings of HUD | | | | Internet web sites that offer free listings of only HUD |
| houses. Deciding to purchase a foreclosed home at a | | | | houses. The listings are free since these homes are |
| lower than market price, you can save a lot of money. | | | | owned by the US government. |
| You can also save money by using free listings of | | | | If a home buyer is going to live in the purchased |
| foreclosed properties. | | | | property, or if the home buyer is a police officer, |
| Most web sites offer free trials of their service. | | | | teacher, fire fighter or emergency technician then HUD |
| Typically during the free trial, you can access the | | | | will give priority to these buyers of foreclosed homes |
| same information that full service members can, but | | | | as part of the HUD Good Neighbor plan. This program |
| only for a limited time. While you can gather a lot of | | | | is an attempt to revitalize certain neighborhoods by |
| information and locations of foreclosed homes during | | | | locating "good neighbors" (local community workers) in |
| the free trial, you will not have access to the new | | | | those neighborhoods. |
| homes that are added to the list after your free trial | | | | It is a lot easier to purchase one of these homes when |
| expires. | | | | you have a comprehensive list of all the properties in |
| Usually sites that offer free trials of their paid service | | | | the area. Free listings of HUD houses make it an even |
| require you to enter your payment information before | | | | sweeter deal. |