Mobile Alabama Real Estate | Mobile Alabama Homes for Sale
  • Home
  • Detailed Search
  • What's My Home Worth?
  • Featured Properties
  • HUD Homes
  • About
  • Blog
    Login
    (251) 265-1230

    Sign in to your account

    Need to reset your phone number?

    Don't have an account with us?

    Click here to sign up.

    Mobile/Baldwin Foreclosure Search

    TO
    Advanced Search

    What is a HUD Home?

    A HUD home is a 1-to-4 unit residential property acquired by HUD, The Department of Housing and Urban Development,  as a result of a foreclosure  on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim. So in simple terms, the previous owner of the home had an FHA Mortgage, then defaulted. The lender foreclosed the home and then conveyed ownership to HUD since the loan was guaranteed by FHA.

     

    Who Can Buy a HUD Home?

    Pretty much anyone! If you have the cash at hand or if you qualify for a home loan, you may buy a HUD Home.  HUD Homes are initially offered to owner-occupant purchasers, meaning people who are buying the home as their primary residence. This usually lasts for Five to Thirty days and unsold properties are then available to all buyers, including investors.

     

    What are advantages of buying a HUD Home?

    1. Next day response to most of your offers

    2. $100 Down Payment FHA Financing available on most homes

    3. No appraisal fee on FHA Loans, if appraisal is not outdated

    4. HUD may pay up to 3% in purchase price towards buyers closing costs

    5. Many homes available below market value

    6. 15 day inspection period for owner occupants obtaining financing

     

    Above were just a few examples of the advantages of buying a HUD Home.

    IXL Real Estate LLC, has helped a multitude of families and Investors alike purchase HUD Homes at really great bargains. Our over 80 year combined experience selling foreclosures gives you the upper hand at negotiating the best price possible.

    In the foreclosure search box above you can pull up all HUD Homes and Foreclosures.

     

    Address Search

    Like or Share
    Loading likes...

    What's My Home Worth?

    Mobile County Communities

    • Bayou La Batre
    • Citronelle
    • Dauphin Island
    • Grand Bay
    • Irvington
    • Mobile
    • Satsuma
    • Saraland
    • Semmes
    • West Mobile
    • Wilmer

    Baldwin County Communities

    • Bay Minette
    • Daphne
    • Fairhope
    • Foley
    • Gulf Shores
    • Loxley
    • Orange Beach
    • Robertsdale
    • Silverhill
    • Spanish Fort
    • Stockton
    • Summerdale

    Real Estate Market Reports

    • Baldwin County Market Report
    • Mobile County Market Report

    Interactive Map Search

    Interactive Map Search

    Buying & Selling Made Easy

     Freshest Data Available
     Active Listings Only
     Customizable Search Options
     New Listing Alerts
     Instant Home Value Assessments

    The Home Buying Process

     

    Mortgage Calculator

    Amount of Loan
    Annual Interest Rate
    %
    Term of Loan
    Years
    Calculate

    Does not include any taxes or fees.
    Please consult a financial professional.

    Connect With Us

    Useful Information

    • Frequently Asked Questions
    • Steps to Homebuying

    Translate Site

  • Home
  • Detailed Search
  • About Us
  • Mobile County Foreclosures
  • Contact Us
  • Baldwin County Foreclosures
  • Featured Properties
  • IXL Real Estate LLC
    1000 Hillcrest Rd Suite 340-B
    Mobile AL 36695

    Ph: 251-265-1230

    © 2017 All Rights Reserved | Privacy Policy

    Popular Searches

  • Bayou La Batre
  • Bay Minette
  • Citronelle
  • Daphne
  • Dauphin Island
  • Fairhope
  • Grand Bay
  • Foley
  • Irvington
  • Gulf Shores
  • Mobile
  • Loxley
  • Satsuma
  • Orange Beach
  • Saraland
  • Robertsdale
  • Semmes
  • Silverhill
  • Semmes
  • Spanish Fort
  • West Mobile
  • Stockton
  • Wilmer
  • Summerdale
  • IDX Real Estate Websites by
    • Accessibility