Dan is the USHUD Specialist in Maricopa, Casa Grande and Arizona's East Valley

Do you know what HUD and Lender Homes are? They  are homes that have been foreclosed by the bank or lender and purchased back by HUD/Fannie Mae and Freddie Mac as the insurer of the loan. Call me and I can show you how easy it is to bid on HUD homes  or make an offer on Lender Owned homes and save thousands of dollars on the purchase. And yes you can close in 30 days on a HUD home. We've also got the financing you are looking for through our preferred lender's (See information on our preferred lenders page). Call or email Dan today with any questions you may have on HUD or Lender owned  homes and here are some tips to consider: 1. Work with an agent who has access to foreclosure information. Dan is the USHUD Specialist here in Arizona. Many home buyers assume that all agents have access to foreclosure listings. It's important to ask. 2. Bank-owned properties generally close faster than short sales. While short sales can be bargains, they also can take a lot longer. Some banks will negotiate in a timely manner on short sales, but most will prioritize properties they have already repossessed. 3. Always offer less than the asking price. Don't assume that banks are firm on their price. For example, asset managers responsible for liquidating bank-owned Marco Island, Florida condos are often willing to consider a lower offer. 4. Ask the bank to pay your closing costs. The worst that can happen is that they say no. Sometimes buyers are surprised to find that banks can be quite accommodating when they want to. 5. Get pre-approved from the right mortgage broker. When making an offer on a short sale, it's often strategically helpful to be pre-approved by the same bank. During negotiations, this may tip the scales in your favor.