"Who'd have thought someone could explain the HUD regulations and procedures in such an easy to understand format! Fran simplifies a daunting and confusing  process so the average person will feel competent to buy a HUD home. This is a must have for consumers and real estate agents!"
--Joeann Fossland, GRI Instructor, ePRO Certified Trainer, Master Certified Coach

"This is the best guide covering HUD I have ever read, by far...written with the best interest of consumers in mind...covering each and every aspect of HUD transactions, from qualifications standards to FHA financing and underwriting guidelines. It is jam-packed with helpful hints and tips on how to select an Agent that specializes in HUD homes, all the way to determining how low should one go with the offer, and still get it accepted." Read the whole review--Luigi Frascati (Luigi Frascati is a real estate agent with the Sutton Group, based in Vancouver, BC. He holds a Bachelor Degree in Economics and maintains a weblog entitled the Real Estate Chronicle featuring a full collection of his articles.)

What is a HUD Home?    Preparing the HUD Home for Sale   Marketing the HUD Home    Property Condition Reports    Who Can Buy a HUD Home?    Who Sells HUD Homes?    Tips On Working With A Real Estate Agent    Listing Codes and Financing Categories    Listing Time Line 

Getting Qualified    Qualifying Number or Comfort Zone Number?    Types of Financing for HUD Homes    Pre-Qualification Letter    RESPA Offers Consumer Protections

FHA Financing    Advantages of FHA Financing    Why Some Lenders Don�t Want To Offer FHA Financing    Build Repair Costs Right Into the Mortgage    �s Box or Opportunity?    Easy as 1 � 2 � 3 Rehab Financing    FHA 203(k) Repair Program

FHA Underwriting Guidelines      Buyer Eligibility  Residency    Occupancy Requirements    Multiple Loans to One Borrower    Co-Borrower/Co-Signer Information    Maximum Credit Score    Bankruptcy    Foreclosure    Judgments/Tax Liens/Adverse Credit    Payoff Debt to Qualify    Income Requirements    Documentation Requirements    Self-Employed Documentation    Fixed Income    Non-Traditional Income    Compensating Factors    Down Payment Requirements    Seller Contributions     Property Eligibility    Acceptable Properties    Unacceptable Properties    Inspection Reports

Investor Buyers   HUD Fraud Is Unchecked

 Next Door Programs    Officer Next Door    Teacher Next Door     Firefighter --- Emergency Medical Technician Next Door 

 Dollar Homes and Good Neighbor Programs

How Much Should I Offer?    Ability to Finance    Appraised Value    Comparable Value    Lowest Net that HUD will Accept

 Completing The HUD Contract 

After Your Offer Is Accepted