This week HUD has 649 HUD Homes available in the state of Indiana. Of these, 380 are currently reserved for bidding only by owner occupants. Bids from investors for HUD Homes are considered after ten days.
Of the 184 HUD Homes with a list date of Aug. 6, 2010, 74 have a list price that is less than HUD’s appraisal. 50 of the Indiana HUD Homes listed on 8/6 were built in 1980 or later. If anybody tries to tell you that HUD Homes are all older run-down homes, don’t take that as final word. While there are plenty of older HUD Homes that need work, there are also plenty of newer homes that you might want to consider.
Here is a list of HUD Homes in Indianapolis and surrounding areas that were built in 1990 or later. Contact me if you have any questions.