Archive
Archive for January 18th, 2009
The homesales.gov web site provides current information about single family homes for sale by the U.S. Federal Government. These previously owned homes are for sale by public auction or other method depending on the property. Anyone can buy a home for sale by the U.S. Government, but you must work with a real estate agent, broker or servicing representative to submit an offer or bid.
| How to Buy U. S. Government-owned Homes
Start Searching for Homes |
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| Housing Counseling |
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| HUD Homes |
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| USDA/Rural Development Homes |
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| VA Homes |
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| Anyone interested in buying a home for sale by the U.S. Government, particularly first-time homebuyers, should seek assistance from a housing counseling agency approved by the Department of Housing and Urban Development (HUD). HUD supports a network of approved housing counseling agencies that provide counseling services across the nation. For a complete list of HUD approved agencies in your area, call the HUD housing counseling referral line toll-free at 1-800-569-4287 or visit the HUD website atwww.hud.gov/offices/hsg/sfh/hcc/hcchome.cfm. |
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| After you find a HUD Home on homesales.gov that you want to buy, you should find a real estate broker who can submit the bid for you. The broker can submit the bid online. Normally, HUD Homes are sold in an “Offer Period”. At the end of the Offer Period, all offers are opened and the highest reasonable bid is accepted. If the home isn’t sold in the initial Offer Period, you can submit a bid until the home is sold. 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 acceptable to HUD, your real estate agent will be notified, usually within 48 hours. |
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| http://www.hud.gov/offices/hsg/sfh/reo/reobuyfaq.cfm |
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| After you find a USDA/Rural Development home on homesales.gov that you want to buy, you should contact the local USDA/Rural Development servicing office, which will provide the most current and accurate information regarding the status of the home as well as your eligibility for potential program benefits. You can find the local servicing office contact information on the home’s description web page. Depending on your circumstances and the status of the property listed, your method of bidding and ultimately purchasing the property may vary. |
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| http://properties.sc.egov.usda.gov/sfhdirect/SFHPropMain.cfm |
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| After you find a VA Home on homesales.gov that you want to buy you should have a real estate agent or the selling agent prepare the Offer to Purchase And Contract of Sale VA form, and complete all necessary documentation. Your agent will submit your offer through the listing broker for approval. The listing broker’s name and telephone number are found at the beginning of each listing. |
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| http://www.ocwen.com/reo/residential/res_reofindbystate.cfm?proptype=VA
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Homeownership Assistance: Texas
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Need help buying a home? You may qualify for one of these programs.
Statewide and Regional Programs
Programs by City
Programs by County
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Captial Area Counties |
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Dallas County |
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Harris County |
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Hidalgo County, Proyecto Azteca |
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Jefferson County: (409) 654-6700 |
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Lubbock County |
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Southeast Texas: (281) 484-4663
Covers the following counties: Galveston, Waller, Walker, Wharton, Matagorda, Austin, Chambers and Liberty; and the following cities in Harris County: Deer Park, LaPorte, Shore Acres, Tomball, Baytown, and Pasadena. |
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Tarrant County resources |
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Travis County |
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Regulations set up crisis | The Japan Times Online.
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