Step 1: Find a HUD home you want to buy by clicking on this link HUD Homes or/and contact a HUD Buyer’s Specialist.
Step 2: Make an offer through your HUD Buyer’s Agent.
Step 3: Get financing and submit
HUD has identified five (5) buyer types that are eligible to purchase HUD-owned homes. Certain conditions must be met to determine the eligibility of a buyer to bid on a particular home. Only registered bidders can make offers on properties. Homebuyers must use a registered selling broker or selling agent to make an offer on their behalf.
Owner Occupant: Eligible owner occupants are individuals with a valid SSN who have not purchased a HUD property with the past two (2) years. They can bid on homes in the exclusive or extended periods. Owner occupants rank above nonprofits and government agencies in the bid selection process for exclusive and extended listings.
Investor: Eligible investors are individuals with a valid Social Security Number (SSN) or Employer Identification Number (EIN). They can only bid on homes in the extended phase and are ranked below other types of bidders in the bid selection process.
Good Neighbor Next Door (GNND): Eligible GNND buyers can find details on the program on the following web page GNND Details. GNND buyers can bid in
Nonprofit: Eligible nonprofit organizations, (see Eligible Nonprofits) can bid on homes in
Government Agency: Approved government agencies can bid on homes in