To View HUD Homes Do You Have to be HUD Registered?

View HUD Homes

In order to view HUD homes, most people contact a registered real estate broker or agency. These brokers/agents have undergone HUD registration and are allowed to publicize, show, and sell HUD homes to the general public. As a potential homebuyer, you are not required to be registered with HUD to view the properties that interest you.

HUD allows local agents/brokers to show these homes due to the inability for HUD to staff enough people to show HUD homes across all 50 states. Therefore, these brokers/agents that are already HUD registered can submit purchasing contracts to HUD on the buyer's behalf. You can also find a surplus of HUD homes on online listing services that allow you to search thousands of properties from the convenience and comfort of your home.

If you are interested in purchasing a HUD homes it is essential to keep in mind that these homes are sold "as is" and HUD does not make any repairs to these homes before closing. Along with making necessary repairs, you must also secure a home loan, obtain an inspection and appraisal, and follow all of the other typical house-buying procedures. These homes are simply listed through HUD due to their connection with FHA and are often purchased at discounted prices. Furthermore, when the property has recently been placed on the market, those seeking a primary residence are given preference before the property is opened to the general public (aka investors and all other homebuyers).

In short, you do not have to be registered with HUD to view HUD homes; however, the agency or broker showing you the home will have to be registered with HUD to have access to the property.