Each Wednesday, HUD updates its Weekly Listing of foreclosure sales and sales from the HUD-owned inventory. If you are interested in one or more of the properties on the Weekly Listing , phone or write HUD's field office contact person named on the list for each property in which you are interested. Please provide a full mailing address. The field office contact person will mail you a Bid Kit which contains the terms and conditions of the sale. HUD currently does not provide any financing to purchasers.
All sales require an earnest money deposit.
Most rental housing properties need repairs and are sold with provisions that the purchaser either repair them to code or demolish them within a set period of time. Mailing List HUD maintains a mailing list of individuals and firms interested in being informed of the availability of multifamily projects for sale. HUD Multifamily Project Sales Dept. If your company provides high quality supplies, services, or products to multifamily properties and you are seeking to expand your business opportunities, you should consider contracting possibilities with HUD's Multifamily Property Disposition Program. Working with HUD offers new opportunities to use your know-how, develop new markets, and help upgrade the Nations' housing supply.