Buying a HUD Home

YOUR AUTHORIZED HUD LISTING BROKERAGE!

Serving Chesapeake and all Hampton Rhodes

We are pleased to announce that World Class Realty & Associates, Realtors was awarded as the HUD representative for Asset Management Services by the U.S Department of Housing and Urban Development, otherwise known as HUD 3.7.  Only a select number of minority groups are authorized to be a HUD representative!

World Class Realty combines decades of experience in Real Estate Law and Asset Management and outstanding resumes in government contracting to provide world class real estate services....

Get a positive, helpful partner for buying or selling a HUD home:

  • Trusted resource for answers about the process
  • Innovative marketing strategies
  • Expertise about neighborhood features
  • Ability to target home searches
  • Strong negotiation skills
  • Support through the closing and beyond

Visit www.Hudhomestore.com to search and bid on HUD homes.

A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.

Anyone who has the required cash or can qualify for a loan (subject to certain restrictions) may buy a HUD Home.  HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.

We are pleased to announce that World Class Realty & Associates, Realtors was awarded as the HUD representative for Asset Management Services by the U.S Department of Housing and Urban Development, otherwise known as HUD 3.7.  Only a select number of minority groups are authorized to be a HUD representative!

Click this link to wacth a short video about How to Purchase a HUD Home!