HUD Secretary Shaun Donovan announced federal disaster assistance to victims of Storm Sandy. “Families who may have been forced from their homes need to know that help is available to begin the rebuilding process,” said Donovan. “Whether it’s foreclosure relief for families with FHA-insured loans or helping these counties to recover, HUD stands ready to […]
FHA Offers Disaster Relief For Storm Sandy Victims
November 2, 2012 Filed Under: FHA 203(k) Loan, FHA Foreclosure Help, FHA loan, FHA mortgage, FHA refinance
List of FHA Foreclosed Homes For Sale Reveals Bargains For Homebuyers
July 20, 2012 Filed Under: Benefits of FHA Mortgage, FHA 203(k) Loan, FHA loan, FHA mortgage, FHA Mortgage Basics, FHA property, HUD foreclosed homes
The FHA is swamped with foreclosed homes that they are trying to sell nationwide. Single family homes foreclosed on by the FHA are being sold through the U.S. Department of Housing and Urban Development (HUD). Since holding an empty house is an expensive proposition for a lender, HUD is a motivated seller. Accordingly, many single […]
FHA Offers Special Discount Sales To Homebuyers Of Foreclosed HUD Properties
December 28, 2011 Filed Under: Benefits of FHA Mortgage, FHA 203(k) Loan, FHA mortgage, HUD foreclosed homes
Few first time homebuyers are aware of the fact that the U.S. Department of Housing and Urban Development (HUD) has an extensive list of homes for sale. There are many advantages to purchasing a home from HUD including special financing programs and special discount sales for qualified buyers. HUD properties for sale are 1 to […]
FHA Energy Efficient Mortgage (EEM) Can Reduce Home Energy Costs
June 10, 2011 Filed Under: Benefits of FHA Mortgage, FHA 203(k) Loan, FHA Energy Efficient Mortgage
The largest monthly expenditure for most homeowners, after the mortgage payment, is for heating and cooling. Making a home more energy efficient can result in substantial monthly savings. The FHA has a program that allows homeowners to borrow the funds necessary to upgrade a home’s energy efficiency. Besides lowering utility bills, an energy efficient home […]