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  • Lower Pricing: Because HUD homes have gone into foreclosure, HUD is eager to recoup costs quickly. As a result, HUD homes tend to be priced slightly below market value.
  • Priority Over Investors: Buyers, who tend to make a HUD home their primary residence, are given a 30-day window in which they can bid on the property before the auction is opened up to investors.
  • Closing Cost Assistance: HUD will spend up to 5% of the purchase price to pay for closing costs.
  • Low Down Payment: HUD enables buyers to make lower down payments and offers down payment incentives – like the HUD $100 Down Program – in certain circumstances.