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Christopher Mooney
47
Votes |
45
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Buying HUD Homes

Posted

Hey all,

I get realtor blasts from a realtor in Cleveland, OH. I've seen a couple that are HUD owned. The price points are enticing, but I don't know much about HUD home investing. And a forum search didn't turn up much.

Who's purchased HUD owned homes? Is there an inspection period, financing contigency, etc. allowed with these? Pros and cons? Things you wish you knew before executing this strategy?