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HUD is the Department of Housing and Urban Development
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Thinking about buying a HUD home? 🏠 HUD lists Property Condition Reports online so you can see what repairs are needed before you buy. Homes are marked as insured or uninsured—uninsured means over $5,000 in repairs, while insured homes include HUD’s estimated costs. FHA 203(b) buyers must escrow repair funds and finish the work within a set timeframe after closing. Read the full article here: https://reidrealestategroup.com/5-tips-on-buying-a-hud-home/ #HUDHomes #homebuyingtips #RealEstateAdvic
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Four years of incredible progress: as HUD enters its 60th year, the Biden-Harris Administration has delivered historic investments to boost the supply of affordable homes, lower housing costs, eradicate housing discrimination, build sustainable communities, and increase rental assistance for thousands of American families. 🏡 Check out these accomplishments in our video above. ⬆️ | U.S. Department of Housing and Urban Development
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