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Karen Totty
Karen Totty REALTOR®

Temecula CA Real Estate News and Information!

Karen Totty 7 years ago

What is a HUD Home?

A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.

The homes are sold through a bid process via the HUD online portal and require the use of a HUD Registered Real Estate agent and can be very confusing to agents not familiar with the process required to submit offers. Not all agents are registered w...
35775 Chalet Court Murrieta - HUD home for sale
Karen Totty 10 years ago

This beautiful Murrieta CA 5 bedroom home is for sale and ready to move in. This HUD home is a bank owned property listed at $365,000 and is located in the northern section of Murrieta CA.

 

This wonderful home has 5 bedrooms as well as 3 full bathrooms and is 2940 square feet large. There is one bedroom downstairs which is perfect for guests! Granite counters, stainless steel appliances along with the large island in the kitchen and the open floor plan is perfect for entertaining.

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