Secret Tips For Buying HUD Homes

visit http://www.MadisonRealty.wordpress.com California HUD homes present an amazing opportunity for those looking to SAVE MONEY when buying a home in Southern California. Below are just few of the benefits of buying a HUD home:
Appraisals are completed on California HUD homes before they are listed for sale. Often times, the homes are listed for sale at or below the appraised value!
If you utilize FHA financing, you can use the appraisal completed by HUD saving you hundreds of dollars! Termite reports are provided and section 1 repairs are completed by the seller when using FHA loans. Property Condition Reports (which are similar to a home inspection) are provided to you by HUD at no cost saving you hundreds of dollars! HUD will pay up to $4000 towards lead based paint remediation when the buyer uses FHA financing! Only owner occupants can make offers on HUD owned homes for the first 30 days the home is listed!

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