Available Utah HUD Homes for Sale
What is a HUD Home?
A HUD home is a foreclosure that was previously purchased with a FHA loan. Since it is a government owned home, HUD (or Housing Urban Development) handles the sale of the home, hence the name 'HUD home'.
FHA is the Federal Housing Administration. The FHA offers insurance to lenders who are willing to lend to buyers for a low down payment and low rates. When a home is foreclosed on that had an FHA loan, (HUD) the government settles with the lender and acquires the property.
This is a search list of HUD homes in Utah but you can also search for (short sales or foreclosures)* by selecting (change search) & then changing the (sale type) under the search options.
*Phones & other mobile devices may not give full access to some of the search options for sale type.
If you would like to understand more about foreclosures, short sales and the buying process or for help searching on these properties please contact us!