Who is HUDforeclosed.com?
HUDforeclosed.com is America’s #1 provider of distressed property listings. We feature the largest inventory of bank and government owned real estate including the Department of Housing and Urban Development (HUD). Our charter is to help residents from all 50 states save money when purchasing real estate. We specialize in assisting first time buyers, investors and other bargain hunters during the entire homebuying process.

What benefits does HUDforeclosed.com provide?
We provide all the information you need to buy foreclosed properties at below market prices. Using our password-protected website, you will be able to:
•  Find homes from $10,000.
•  Learn how to purchase foreclosures.
•  Apply for loans and assistance.
•  Research real estate news and trends.
•  Connect with other members.

How do I start?
It’s very easy. Simply complete our 1-page form by providing your contact and billing information. Once you’ve registered, you’ll be given a user ID and password to access the password-protected website.

Is it free?
No, it is not free -- but remember you get what you pay for. The fees we charge are used to create the best foreclosure database available and to provide assistance to our customers. IMPORTANT: beware of websites that offer “FREE“ trials. These websites make it easy to sign up, but extremely difficult to cancel. By the time you’re able to cancel, your credit card may be charged multiple times, often totalling over $100. At HUDforeclosed.com, we make it very simple to cancel and there are no hidden fees or charges.

How much does it cost to use HUDforeclosed.com?
The fees we charge are used to create the best foreclosure database available and to provide assistance to our customers.

Membership cost depends on which membership you selected and when you signed up. The Trial has a nominal charge. If you do not cancel during the Trial, your account will automatically roll over to a monthly subscription of about $50.

If you signed up for the 6-month membership, you receive a $140 bi-annual discount; you pay only $99 every 6 months. If you signed up for the Annual membership, you will be charged a one-time fee of $179, saving you nearly $300 off the regular membership price. There is no Trial with either the 6-month or Annual membership. You will be immediately charged upon completion of the signup process.

Prices are subject to change. Please refer to the Terms and Conditions for details.

Is it easy to cancel and stop the charges?
At HUDforeclosed.com, we make it very simple to cancel and there are no hidden fees or charges. To cancel immediately (no questions asked), simply click here.

How do I cancel?
To cancel immediately (no questions asked), simply click here. You’ll be asked to enter your email address and password to verify your identity, and then you’ll be automatically cancelled. It's as easy as that!

What happens if I signup but do not use the website?
Since you are paying for access to the website (as opposed paying per use), you will still be charged. The only way to ensure you do not get charged the monthly fees is to cancel before your Trial expires. While some customers may disagree with this policy, we ask that you think of a newspaper subscription. You are paying for having access to that newspaper, not for actually having read the newspaper. You will still pay their subscription fees even if you never read their content. The analogy holds true for cable TV, phone bills, gym memberships, etc. You pay their fees regardless of actual usage, and our subscription operates in the same manner. We have found it’s the only way to provide this valuable service for such a low monthly fee, as it would cost you thousands of dollars and countless hours to find and access this information yourself. Remember that you can also SAVE thousands of dollars using HUDforeclosed.com, which is huge compared to the small monthly fee you pay to access HUDforeclosed.com.

Can I save a lot of money buying foreclosures?
YES, you can! There are millions of people buying foreclosures right now -- and saving (or making) thousands of dollars doing it. Remember that a foreclosed property is considered “distressed“ by the seller, who wants to sell the property quickly. When a seller is motivated to sell quickly, it can result in prices substantially below market value. This is especially true in today's economy, and it means a great opportunity for you!

Are there many listings available?
Yes, HUDforeclosed lists thousands of homes in every state. Right now is perhaps the best time to buy foreclosures. The historic housing boom of the last 10 years led to predatory and allegedly unethical lending by aggressive lenders and banks. This led to homeowners being approved for loans that they could not afford, especially when the adjustable interest rates increased and the payments skyrocketed. Combine higher payments with a flat housing market and you end up with many homeowners simply giving up on their home and leaving it for the bank or U.S. Government to repossess. At HUDforeclosed.com, you should be able to find a home that fits your budget and requirements.

What if I’m looking to buy a home in a different area, town, state, etc?
HUDforeclosed.com lists properties throughout the U.S., so you can look for property in all 51 states and districts.

Where does HUDforeclosed.com get its information?
HUDforeclosed.com uses various sources for property listings. We purchase information from title companies, banks and other institutions. We also comb through public information sources to ensure you have the most accurate, comprehensive listings available. This information costs thousands of dollars, but we are able to charge a nominal fee by amortizing those costs across all our customers.

Do I need to sign up for HUDforeclosed.com to look at foreclosures or attend the auctions?
You do not need to sign up for HUDforeclosed.com to go to auctions or look at foreclosed property. However, we perform all the research for you, ensuring you see most every listing and making it much easier for you to get the information you need.

What is a Foreclosure?
A Foreclosure occurs when a homeowner misses his or her payments and defaults on the mortgage. Property in foreclosure is often referred to as “distressed” because the owner is in financial distress and is behind on his or her payments. The owner’s financial distress can be caused by a variety of unfortunate circumstances. This often results in a bargain buying opportunity for a well-informed homebuyer or investor, who can end up helping the homeowner avoid serious credit problems.

What is a Pre-Foreclosure?
Pre-foreclosure represents the first stage in the foreclosure process.
In this phase, the homeowner has missed at least one payment and is now considered delinquent on the loan. A pre-foreclosure can also be referred to as a NOD (notice of default) or Lis Pendens, which is a formal warning sent to the borrower on a loan regarding the delinquent payment(s).

What is a HUD Home?
HUD is a shorthand term for the U.S. Government’s Department of Housing and Urban Development. HUD’s mission is to increase homeownership, support community development and increase access to affordable housing, free from discrimination, for low- and moderate-income Americans. When someone with a HUD-insured mortgage cannot meet the payments, the lender forecloses on the home, HUD takes ownership of the home and pays the lender what is owed. HUD then sells the home as quickly as possible, often at a discounted price.
There is real potential for significant savings in buying HUD's foreclosed property.

HUD Homes are sold “as-is,” without warranty. That means that HUD will not pay to correct any problems. Even if a HUD Home needs fixing up (and not all of them do), it can be a real bargain! For example, HUD’s asking price on the home will reflect the fact that the buyer will have to invest money to make improvements. HUD might offer special incentives such as an allowance to upgrade the property, a moving expense allowance, or a bonus for closing the sale early. Keep in mind that on most sales, the buyer can request HUD to pay all or a portion of the financing and closing costs. Your real estate agent will have details. We encourage you to get the home professionally inspected before you make an offer so you will know what repairs you may have to make BEFORE you submit your bid.

Can I finance a purchase through HUDforeclosed.com?
HUDforeclosed.com does not offer financing directly. We provide links to businesses that will gladly assist you. These links are located in the members only section of the website. Sign in, click on “Loans”, and enter your loan criteria.

Can I still get a house if I filed for bankruptcy?
There are loans available for all different levels of credit, some lenders provide up to 100% financing. You should discuss financing questions with a qualified representative from one of our financing referrals. Using HUDforeclosed.com, you may access these referrals by clicking on “Loans” on the members-only website.

What is your business address?
Our business address is 3835 R East Thousand Oaks, Blvd #431, Westlake Village, CA 91362.