If you are looking for a larger property for a smaller price, or if you’re just trying to keep a smaller budget, investing in a HUD home might be the way to go.
A HUD home is when a government-insured loan (FHA) gets foreclosed and the Federal Housing and Urban Development (HUD) pays the defaulted loan off, and then puts the home on the market. Many people are interested in buying HUD owned houses because of a possible low market value of the home. Take a look at these homes below:
This is a larger, four bed two bath modular home, located in a friendly part of Gillette. Right across the street from an elementary school and only a minutes’ walk to a park. Quiet streets and friendly neighbors make for the perfect area to raise a family.
8 Ranchette Drive- Gillette WY
This three-bedroom two bath home is located on the outskirts of Gillette. It comes on 4.23 acres, with a large three stall garage.
Past Moorcroft, on the edge of the Black Hills, you are surrounded by over 4 acres of wooded terrain. Three bedrooms and two bathrooms, this is the perfect purchase for a hunter’s retreat, or a get away home.
119 Thompson Street- Sundance WY
This is a charming mature home located in Sundance Wyoming. Well maintained property in the heart of the beautiful Black Hills. A place where deer feed right out of your front yard!
Rethink the idea of a HUD home. Quality homes at a quality price!
For questions about these listings or to schedule a showing, contact me directly.
Tonya Stahl
Broker & Owner
HUD Home Specialist
tonya.gilletterealestatesearch.com