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Presenting an App that will let you look into HUD properties in detail. The HUD Home App, which happens to be the first ever iPhone app to let you do something like this, contains nationwide HUD properties data feed and a Property Condition Report on almost all the HUD property on the app. HUDSeeker.com is an excellent source for finding Government Foreclosure for sale. The site offers database of liquidation properties, real estate listings, and homes for sale. HUD acquires a property (usually a 1 to 4 unit residential property) as a result of a foreclosure action on an FHA-insured mortgage. Thus, the property is put on sale by HUD (as it becomes its new owner) to recover the loss on the foreclosure claim. The lender’s claim is paid by FHA after which it transfers ownership of the property to HUD. Thus, HUD gets the right to sell the house, which it normally does at quite reasonable price. If someone buys a property via HUD, he does not need to pay in cash, unlike with auction properties. Instead, the option of financing is present in HUD purchases. Though HUD does not finance home, it does finance property. HUD aims at making strong, maintainable, inclusive communities and quality affordable homes for everyone. And now, you can explore and search the HUD property in the comfort of your couch on your iPhone, with just a click of a button. HUD Home App is compatible with iPhone, iPod touch and iPad and is just 1.8 MB in size. To get it on your device, you must have iOS 3.0 or latest versions installed. What’s even more exciting is that it can be acquired for free. So there is no money risk involved. I am Jimmy Parker,have written many articles on Importance of mobile programming, mobile application development, android programming,Google TV programming etc.I keep trying to get something new out of the best through online resources from time to time.Feel Free to get in touch for Mobile Application Development and iPhone Developers
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