What is a HUD home?

HUD home is a foreclosure that was once insured by the Government.  Usually it is a FHA home that has gone into foreclosure.  You can search Michigan HUD homes for sale at McBreo.com.  In theMetro Detroit real estate market they try to get HUD homes closed within 60 days of the signing of the contract.

HUD homes take longer to close than most Metro Detroit foreclosures.  There are 851 Wayne County Hud homes for sale, 149 Oakland County HUD  foreclosures, and 158 Macomb County HUD homes for sale.  So if you want to close quickly you probably don’t want to be looking at Michigan HUD homes.

There are just so many Metro Detroit foreclosures for one company to handle.  They are overwhelmed by the sheer number of metro Detroit HUD foreclosures.  McBreo is working hard to keep up the amount of Michigan HUD homes for sale and doing a good job of it.

If you would like to bid on a home that you saw on McBreo.com give me a call at (313) 310-9855

Russ Ravary your HUD Realtor

 

 

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