What is the HUD Home Store?


If you are on the hunt for a property, you have probably come across the United States Department of Housing and Urban Development (HUD). This federal department offers plenty of services and tools to help people find decent housing at affordable prices. “HUD Home Store” is one of the most useful tools for homebuyers. It’s a portal to official government housing assistance programs and resources. In this article, you will learn more about how to take advantage of this tool.

What Kinds of Properties Are Available on the HUD Home Store?

The HUD Home Store has more options than one might expect. This includes:

  • HUD Properties in Foreclosure
  • Good Neighbor Next Door (GNND) Homes
  • Homes Available Through the Dollar Home Program

Visitors can use the site’s search tool to look for HUD homes that are currently available. It is a great tool for real estate brokers, governments, and other government agencies to assess properties in addition to being helpful for the general public.

The site is more than just a search engine for available properties. It also serves as a way for authorized real estate agencies and brokers to make offers on their clients’ behalf. Moreover, the website offers homebuyers valuable services like counseling and guidance.

Typically, a property goes through an assessment before being advertised on the website. The goal of this process is to find out if the property can be sold only to authorized non-profit organizations or local governments. These kinds of properties are likely to be located in designated revitalization areas.

There will be a priority system for homebuyers if the property does not fit within the special programs like $1 Homes or GNND Homes. Priority will be given to buyers who plan to live in the house as their primary residence. Any properties that are still up for sale after a certain period has passed will be available to those who are still interested.

HUD Properties in Foreclosure

Even if there are numerous housing possibilities, this one stands out. These homes, which are for sale as a result of a foreclosure, range in size from one to four units. This type of foreclosed property has a special requirement since it must be insured by an FHA loan. The Federal Housing Administration (FHA), which is part of HUD, offers this type of loan. If an FHA-insured mortgage is in default, HUD will take ownership of the home. They sell it later to make up for any losses.

How are These Properties Sold?

Any HUD-registered real estate broker is eligible to submit a sales contract for a property that is posted on the site. Brokers are hired because they have a certain level of expertise and understanding of the local real estate market. Furthermore, HUD does not have a sufficient number of employees to market properties to potential buyers.

A real estate broker must complete particular paperwork if they want to sell these homes. Once the paperwork is completed, it must be sent to the local HUD Homeownership Center. The broker will receive a name from HUD as well as an address identification number (NAID) once this process is complete. This allows brokers to display, advertise, and put offers on HUD homes.

What to Expect From These Properties

Foreclosed homes are sold in their current condition, which means that HUD will not pay for maintenance or repairs. As a result, the new owners will need to take care of any necessary repairs and pay for them on their own.

Good Neighbor Next Door (GNND) Homes

GNND is a HUD housing support program with the objective of helping people who work in specific fields. Each profession has a unique set of eligibility requirements. Professions that qualify for this opportunity include the following:

  • Firefighters
  • Teachers (from pre-k to12th-grade)
  • Law Enforcement Officers
  • Emergency Medical Technicians (EMTs)

This program can decrease a qualifying home’s listing price by 50%. To qualify, the buyer must make the property their primary residence for at least 36 months. Also, the properties must be situated in revitalization areas.

You can find available properties online on the HUD Home Store, but keep in mind that there is a limited number of these properties. Moreover, listings will change every week because these properties are available for sale for only 7 days. When you find a suitable GNND property, you should follow the guidelines for showing your interest. What if more than one person submits their interest in the same property? In this case, a lottery will determine who gets the property.

It’s also crucial to keep in mind that for these properties, the buyer will have to sign both a second mortgage and a note for the discounted amount. As long as you meet the other requirements, such as staying within that residency time, there won’t be any interest or payments due.

Who is Eligible for This Program?

As we mentioned before, this program is only available to those who work in one of the following jobs:

  • Teachers
  • Law Enforcement Officers
  • Firefighters or Emergency Medical Technicians (EMTs)


A teacher can only qualify if they:

  • Work a full-time job as a teacher at a private school or a state-accredited public school that directly educates children from pre-k to 12th grade.
  • Serve the neighborhood where the property they want to purchase is located.

Law Enforcement Officers

A person can only qualify as a law enforcement officer if they:

  • Work full-time for a federal, state, local, or tribal government law enforcement agency.
  • Are sworn to enforce the law and to make arrests when such laws are broken.
  • Serve the neighborhood where the property they want is located.

Firefighters or Emergency Medical Technicians (EMTs)

An applicant can only qualify as a fireman or EMT if they:

  • Work full-time as a firefighter or EMT for a fire department or emergency medical services responder unit.
  • Serve the neighborhood where the property they want to purchase is located.

Homes Available Through the Dollar Home Program

What can you buy with one dollar? It might surprise you to know that local governments can buy foreclosed properties for only $1 under some conditions thanks to HUD. This way, they can offer people in need affordable housing options. This opportunity is possible if the property has been on the market for at least six months and is worth a maximum of $25,000.

Typically, when local governments acquire these homes, they make the required renovations. Finally, they make these properties available to people who are eligible for housing aid. Local governments and nonprofit homeownership organizations collaborate to offer these support options to low-income people. Governments could also resell these homes through assistance programs.

In Conclusion

If you are looking for a house to purchase, you might want to check the HUD Home Store first. On this website, you will find standard HUD houses in foreclosure, and properties available for sale through the GNND program and the $1 Homes program. If you look closely at the options on this site, you might find what you are looking for.