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Chico Real Estate-HUD Homes

April 25th, 2008 · 1 Comment

This week I’ll briefly look at what a ‘HUD Home’ is. HUD refers to the U.S. Department of Housing and Urban Development. A HUD Home is a one to four unit residential property which the Dept. of Housing and Urban Development has acquired through a foreclosure action on an FHA insured loan. Initially when one [...]

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