© 2012 Charlotte HUD Homes @ Carolinas Elite Realty. All rights reserved.
Buying a Charlotte HUD Home
SERVING THE GREATER CHARLOTTE AREA
Charlotte HUD Homes is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to Charlotte homebuyers to recover the loss on the foreclosure claim.
Almost anyone can purchase a Charlotte HUD Home! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. Charlotte HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.
Using licensed HUD registered real estate brokers, and the agents associated with them, purchasers can offer to buy Charlotte HUD homes. Before making an offer prospective buyers must have a letter, written on the stationery of a mortgage lender, stating that they have been pre-qualified (with Credit Report performed, reviewed, and approved by the lender) for the loan amount that will be needed. Buyers paying all cash must provide proof of available funds.
During the first 10 days on the market, Charlotte HUD properties can be purchased only as OWNER OCCUPIED. After the 10th day they may also be purchased by investors who do not intend to occupy the property.
Contact Carolinas Elite Realty for help in SUBMIT of your BID. We are licensed HUD registered real estate brokers.
HELP US HELP YOU!!!
If you are looking for more information on purchasing a HUD, let us at Charlotte HUD Homes assist you.
Send us a quick note using the form to the right or call us at (704) 400-7654.
Want more information on HUD Homes? Fill out your information.
Name:
Phone:
Email:
Question/Comment:
BUSINESS HOURS
Monday-Friday 9AM-6PM EST
Saturday 9AM-1PM EST
Homes Sold by The U.S. Dept of Housing and Urban Development
Carolinas Elite Realty | One Buffalo Ave, Concord, NC 28025 | call: (704) 400-7654
