hud home considerations - Information on how to select the right property to buy including how to place a value on a HUD home, how to inspect a property before buying it and other considerations every home buyer should evaluate. 


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Home Inspection

hud home considerations - Information on how to select the right property to buy including how to place a value on a HUD home, how to inspect a property before buying it and other considerations every home buyer should evaluate. HUD homes are sold as is.  In other words, what you see is what you get and generally you have no recourse should there be any problems with the home after you purchase it.  

In this day and age, it is important to inspect the property before making an offer on a home.  As a buyer making a large investment, knowing what you are buying before you purchase the home is a crucial step in the home buying process.  It allows you to know if you have a quality investment or a money pit.  It allows you to estimate the necessary repairs you may need to make and any potential selling hazards should you decide for a quick sale after you have bought the property.

Should you be fortunate enough to have a successful bid on a HUD home, HUD allows the buyer only 15 days after the date of acceptance to have all inspections completed. The buyer may have the utilities turned on at their sole expense for an inspection.  

Most importantly, a home inspector should be ASHI certified.  ASHI stands for American Society of Home Inspectors and mandate that qualifying home inspectors meet a rigorous set of standards and experience requirements before receiving certification.

However if you do not want the additional expense or would like assistance before making an offer on a home, click on the following link to download a walk-through home inspection worksheet.  This form will assist you when inspecting a home in order to find any potential hazards, problems or issues that you may have with the home.

Home Inspection Worksheet
click to download 

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arizona.foreclosurehomesearch.com - Free HUD home lists, information on how to buy HUD homes in Arizona (including Phoenix, Mesa, Tucson, and Flagstaff) and how to qualify to buy HUD foreclosure homes in Phoenix, and information on programs such as the Teacher Next Door, Officer Next Door, and down payment assistance programs