Housing Counseling

Anyone interested in buying a home for sale by the U.S. Government, particularly first-time homebuyers, should seek assistance from a housing counseling agency approved by the Department of Housing and Urban Development (HUD). HUD supports a network of approved housing counseling agencies that provide counseling services across the nation. For a complete list of HUD approved agencies in your area, call the HUD housing counseling referral line toll-free. After you find a HUD Home on homesales.gov that you want to buy, you should find a real estate broker who can submit the bid for you. The broker can submit the bid online. Normally, HUD Homes are sold in an "Offer Period". At the end of the Offer Period, all offers are opened and the highest reasonable bid is accepted. If the home isn't sold in the initial Offer Period, you can submit a bid until the home is sold. Bids can be submitted any day of the week, including weekends and holidays. They will be opened the next business day. If your bid is acceptable to HUD, your real estate agent will be notified, usually within 48 hours.