How to Buy HUD Foreclosures in Santa Maria & Orcutt
First you should find a HUD selling agent, as only HUD selling agents can show and write offers on HUD properties. Mint Properties is a HUD selling agent and can assist you with this process. Sometimes HUD properties are advertised on the local MLS, but I’ve found that often they are not. Typically, HUD homes are listed on Friday and you must check the HUD website to find their newly listed foreclosures.
The good news is that HUD just published a new more user friendly website at www.HUDHomeStore.com which has a quick search option and clean layout. It offers information on HUD approved lenders, the Good Neighbor Next Door Program, and access to national real estate statistics. Keep an eye out for the HUD $100 down payment program which they run on occasion allowing owner occupant first time buyers to buy a home with a $100 down payment!
Buying a HUD home is a complex process complete with a generous amount of red tape and plenty of hoops to get through. Get an experienced REALTOR® on your side, who can guide you through the process of buying a HUD home in Santa Maria & Orcutt. Contact Tni LeBlanc of Mint Properties at (805) 878-9879 to schedule a consultation today.