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 No appraisal fee on FHA Loans, if appraisal is not outdated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

Mobile County Communities

  • Axis
  • Bayou La Batre
  • Bucks
  • Chickasaw
  • Chunchula
  • Citronelle
  • Coden
  • Creola
  • Dauphin Island
  • Eight Mile
  • Grand Bay
  • Irvington
  • Mobile
  • Mount Vernon
  • Prichard
  • Satsuma
  • Saraland
  • Semmes
  • Theodore
  • West Mobile
  • Wilmer

Baldwin County Communities

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

Browse Condo/Townhouse Communities

  • Baldwin County Condo/Townhouse Communities
  • Mobile County Condo/Townhouse Communities

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

  • Home
  • Detailed Search
  • About Us
  • Mobile County Foreclosures
  • Contact Us
  • Baldwin County Foreclosures
  • Featured Properties

IXL Real Estate LLC
907 Hillcrest Rd. Ste J
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 • Terms • Privacy