HUD Second Chance Auctions explained:
On occasion, real estate that is foreclosed by a lender does not achieve the desired goal: A new Homeowner!
The factors surrounding this can be varied so HUD authorizes the lender to offer these properties AT A DISCOUNT of their as-is appraised value.
In the coming months, we will be offering these properties at auction. Please check back for more details or add your email to our auction notification list!
Stephen & Team