Tag Archives: HUD homes

Don’t Miss This 1st Time Homebuyer Workshop – January 12th, Duluth, GA

Attend this FREE, NO OBLIGATION seminar and get the facts about…

1st Time Homebuyer's Meetup Group

Come Learn With Our Meetup Group!

  • The $8,000 tax credit
  •  Purchasing HUD Homes, Short Sales and Foreclosures
  • What You Should and Should NOT Do When Shopping For A Home Loan
  • Mortgage Options – FHA, Conventional, Fixed, VA, etc…
  • How much money do I really need to buy a home?
  • How Much Home Can You Afford?
  • Long Term Benefits and Responsible Homeownership
  • Why do Attorney’s close loans in Georgia?
  • Title Insurance
  • Neighborhood Stabilization Programs
  • and much more…

The housing industry is changing daily.
Don’t miss this opportunity to get your answers to your questions from a Real Estate Agent and Attorney and a Mortgage Loan Officer. 

Only 20 spaces are available, and RSVP is required.
Tuesday,  January 12th, 6:30pm – 7:30pm 
Please visit the 1st Time Homebuyer’s Meetup group website to register.
Address and details available at the Meetup group website.

Our goal is to educate you! We look forward to seeing you there!


Filed under Barrow County, Buyers, First Time Home Buyers, Great Buying Opportunities, Gwinnett County, Hall County, Homeownership, Jackson County, Mortgage

What is A HUD Home Anyway???

You may have seen the signs on street corners and at neighborhood entrances announcing “HUD Home for Sale”.  These rather “governmental” looking signs often stir up curiosity and in many cases concern in the community.  With the tremendous volume of foreclosures in Gwinnett, these have been popping up everywhere!  Because of that, many people have asked me to explain, so here you go.

Be not afraid of the HUD home.  When people ask me “What is a HUD home?”, I often ask them what they think it is.  The answer I get most is section 8, government subsodized, low income or similar.  While I understand how people have come to think that, it is simply not true.  Are you ready??  Here it is…straight from HUD.

“A HUD home is a one-to-four unit residence acquired as a result of a foreclosure on an FHA insured mortgage.”  from HUDPEMCO Agent Guidebook

See?  Nothing to fear.  Hud homes can be found in any community which has had an FHA insured mortgage go “back to the bank” in this case, the Federal Government by way of  HUD (US Department of Housing and Urban Development).  In most Metro Atlanta counties, the FHA loan limit is $346,250.00.  This means that Continue reading


Filed under Barrow County, Buyers, Great Buying Opportunities, Gwinnett County, Hall County, Jackson County, Uncategorized