Government Foreclosure Homes in Your State
Government Foreclosures Listings by State
HUDforeclosed provides the latest, nationwide listings of government foreclosure homes and HUD foreclosure listings by state. Search our exclusive database to find government houses for sale: HUD Homes, VA foreclosures, Fannie Mae Foreclosures and Freddie Mac Foreclosures.
In general, government houses for sale are repossessed properties which have finished a formal foreclosure process. Government foreclosure homes are typically owned by federal service enterprises, which provided financial guarantees or performed other financial transactions with mortgage lenders making initial home loans. Certain types of loan defaults result in the government becoming owners of these homes, and the properties are made for sale as VA Foreclosures, Fannie Mae Foreclosures, Freddie Mac Foreclosures and HUD foreclosure listings.
The government is not interested in owning private homes and is a motivated seller of their government houses for sale. As such, there are often creative pricing and financing programs offered that make these low cost homes even more tremendous bargains. HUD homes may offer special financing packages on select home locations. Fannie Mae foreclosures may allow lower loan qualification levels and transaction cost savings. Freddie Mac foreclosures may include certain repairs and updates. VA foreclosures can offer veterans and non-veterans alike special low financing rates.
Regardless of the type of government foreclosure homes involved, they are an important element of any search for low cost, and below market priced homes. These bargains don't last long on the open market. Check today's listings on HUDforeclosed for the latest available government foreclosed homes in your state.