HUD is the U.S. Department of Housing and Urban Development and they have dozens of homes for sale in Arizona.

What is a HUD Repo?

A HUD repo is a home that is “acquired by the Federal Housing Administration (which is part of HUD) as a result of foreclosure actions.” (Source: HUD website)

Like banks, HUD is not in the business of OWNING homes, so they will do whatever it takes to sell them. One of the ways that they do this is by allowing people to purchase HUD Repos for LOW down payments as well as covering a few other expenses ... like the Appraisal and Termite Report. (those 2 alone save you over $500!)
This is an excellent option for people looking to buy a home for sale in the East Valley who want to keep their out of pocket expenses down.

Where Do I Find HUD Repo Homes in Arizona?

Homes are available throughout the East Valley and surrounding areas ... including Mesa, Tempe, Gilbert, Chandler, Queen Creek, San Tan Valley, Florence, Apache Junction, Gold Canyon, and more!

Here’s what you need to do:

1. Fill out the form to the right with your information and a brief comment on where you are looking to buy.  (Or call me at  480-766-2760  480-766-2760 )

2. I will send you a full detailed MLS sheet on ALL HUD Homes in that city(s)

3. Choose the Home(s) that you like and we'll set up a time that you can physically view the property.

Reasons that make purchasing a HUD home a great option:

1. Low Down Payment on ALL HUD Homes

2. Already have an updated appraisal so the buyer typically does not have to purchase another appraisal on the home. A savings of about $450

3. Already have a completed Property Condition Report, similar to a Home Inspection

4. Already have a completed Termite Inspection - Savings of about $75

5. Great buys for Financed Loans as well as CASH buyers!

6. Offered to Owner Occupants the first 10 days of listing. (Investors can bid after the first 10 days)

7. Qualify for FHA 203k Streamline loans, for repairs 

8. HUD will pay up to 3% of Closing Costs/Settlement Fees

For my East Valley Hot HUD Home list ... CLICK HERE!

(this is updated weekly, so be sure to check back!)