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What is a HUD owned property?

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Definition of a HUD owned property.

A HUD owned property is a 1-4 unit, residential property acquired by HUD primarily as a result of a foreclosure action on an FHA mortgage.
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Upcoming events

Coming Soon

How to Buy a HUD Owned Properties

Learn the process of buying a HUD Owned Property. Designed for the owner occupant and the investor.
To Be Determined

How to Sell HUD Owned Properties

Great way to lern what you need to know to help your clients buy a HUD Owned Property. This class is for licensed real estate professional, lenders and title settlement agaents.
Sunday January 12 1-3

OPEN HOUSE

Visit our newest listing in Bowling Green. 17025 Brookwood Dr is a three bedroom, two bath rand style home in a new neighborhood. Wear your hat and mittens as the weather is going to be cold.

current properties

ACTIVE– Built 2022 What a gem. Only a few years old in a neighborhood still being built. One level living with three bedroom and two bathrooms. Granite counter tops in the kitchen and bathrooms, combination of hard floors and carpet. Location is great. 5 miles to Fort Walker, 39 miles to Richmond, 30 miles to Dahlgren. Property is owned by the Department of Housing and Urban Development (HUD), case # 544-372852
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COMING SOON- Built 1960 Three bedroom, two and a half bathroom brick rambler in an established neighborhood. Terrific location with VRE close by, Historic City of Fredericksburg, I-95 access, shopping and medical care are all near too. a "time capsule" of a home awaiting a renovation. Property is owned by the Department of Housing and Urban Development (HUD), case # 541-883839
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UNDER CONTRACT- Large gated community with an abundance of amenities surrounds this three bedroom, two bathroom rambler on a corner lot. The house has a brick wood burning fireplace as a focal point in the living room, a kitchen with multiple stoves, large bedrooms, large pantry, a laundry room and a two car garage. Enjoy time on the screened in deck. It is an easy google search to find out more about Lake of the Woods and all they have to offer.
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Our Services

What We Do

EXIT Elite Realty's HUD Department advertises HUD owned properties for sale on behalf of the Department of Housing and Urban Development with the guidance of an asset management company assigned by HUD. Using modern marketing styles and some "old fashioned" ones, we have successfully sold over a hundred assets. In addittion to our commitment to HUD to sell HUD homes, we are successful at representing purchasers in the uniqe process of purchasing a HUD Property.
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Locations

Service area

We are typically assigned properties within a thrity mile radius of our office in Fredericksburg Virginia. As licensees in the Commonwealth of Virginia, and with our knowledge of HUD Home Sales, we can assist with the purchase of HUD Homes that may not be listied by our office.
  • Spotsylvania County
  • Stafford County
  • Orange County
  • Caroline County
  • King George County
  • Culpeper County
  • CIty of Fredericksburg
  • Prince William County
  • and more
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Ready To consider a HUD Home for your next home purchase?

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