There are several federal, state and local agencies that sell foreclosures. HUD sells both single family homes and multifamily properties at below market prices. When you find a listing you are interested in, you must contact an approved real estate broker in your area authorized to sell HUD homes. The broker submits the bid. There are Hud approved agencies that will counsel you on ways to going about buying a home and help you sort through options.
U.S. Department of Housing and Urban Development
451 7th Street S.W., Washington, DC 20410
Telephone: (202) 708-1112 TTY: (202) 708-1455
Find a HUD Office near you