SubscribeWhere do Government Foreclosures come from?
Posted: 05 May 2008
How the Government Sells Homes to the Public
HUD Homes and Government owned property are quite similar to Bank Owned property in that the government is equally motivated to sell these distressed assets. However, there are enough differences that we decided to create a separate chapter. Government foreclosure inventory includes residential and commercial property from the federal, state and local governments. The primary government agencies that sell foreclosed or distressed assets to the public are discussed below:
Where do Government Foreclosures come from?
HUD (U.S. Department of Housing and Urban Development): The largest… Continue reading
Tags: HUD Homes, Foreclosures, Government Foreclosures, HUD