Dallas Texas HUD Homes | HUD Homes for Sale
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Nu Home Source Realty is here to help you avoid the countless hours of searching for HUD Homes for Sale in Dallas Texas. With our listings of HUD homes for sale in the Dallas County area, in no-time-at-all, you will be realizing your new dreams.
HUD Incentive Announcement for Texas
Effective November 30, 2007 HUD is offering a $100.00 Down Payment Initiative. The $100.00 down payment is for owner occupants purchasing a HUD home with FHA financing, with full price or higher offers. This incentive is also available to owner occupant purchasers who obtain a FHA Home Repair Loan (203K). It's a great time to purchase a HUD home with FHA financing. The incentives will apply to properties listed on or after November 30, 2007. Call us for more information. Call Toll Free (866-761-5217)
Dallas Homes and Properties for Sale
66 Search Results Found. Showing Results 1 - 5.
MLS# 11018135
MLS# 11058287
MLS# 11052847
MLS# 10957925
MLS# 11060601
How do I Buy a HUD Home in Dallas Texas?
We must get this out of the way first. HUD homes are initially offered on a priority basis to owner occupant purchasers; following the priority period, unsold homes are made available to investors.
- HUD Homes for Sale: Nu Home Source Realty is an approved HUD broker. Market demand for these affordable HUD homes for sale continues to increase each and every year.
- If you have Internet access, call us and we will walk you through accessing the available HUD properties in Dallas Texas
- Dallas HUD Homes for sale are posted on Friday and bids must be entered by the 2nd Sunday at 11:59pm
If you would like to bid on a HUD home you must have the following
- $1,000 earnest money ($500 under $50,000) in the form of a money order or cashiers check.
- A completed contract with all required addendums
Is a HUD Home a Good Deal in Dallas Texas?
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. We will provide you with all of the details.
HUD homes are sold "as-is," without warranty, there will be no warranty. HUD will not pay to fix any problems with these homes, but this is where the bargains come in. HUDs 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
Bids can be submitted any day of the week, including weekends and holidays. They will be opened the next business day. If your bid is accepted by HUD, Your Nu Home Source Real Estate Agent will be notified -- usually within 48 hours.
If your bid is accepted you will be given a settlement date, normally within 30-60 days, by which you need to get financing and close the sale of the HUD home, or lose your earnest money deposit, or you may pay for an extension of your sales contract.
OUR SERVICES TO BUYERS ARE COMPLETELY FREE.
THE SELLER OF THE HOME PAYS OUR FEES!
Contact Kristina Briner, Office Manager of Nu Home Source Realty, for all of your Dallas real estate needs, or contact us toll free at 866-761-5217 for immediate answers to any of your questions.