HUD

How to Purchase Your Chicagoland Real Estate Through HUD

Did you know there are HUD homes available in many parts of Chicagoland? HUD homes come in many sizes, prices ranges, styles and locations. That’s because “HUD Homes” is another name for “FHA foreclosures.” And there’s a process for purchasing HUD homes that requires learning a new set of rules. Fortunately, it’s not hard to …

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HUD Providing $1 Billion to Curb Foreclosures

More foreclosure help is on its way. The Department of Housing and Urban Development (HUD) is giving another $970 million to the states most affected by the foreclosure crisis. Illinois is getting $30,143,105 million: *Chicago: $15,996,360 million *Cook County: $7,776,324 million *Lake County: $1,370,421 million *State of Illinois: $5 million It’s the third round of …

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HUD Invests Today in What Can Happen Tomorrow

HUD wants to protect Chicago homeowners from natural disasters that haven’t happened yet. Last week, the U.S. Housing and Urban Development (HUD) granted almost $312 million to 13 states to “reduce the human, physical and economic toll of future disasters.” Illinois is slated to get $23,517,970 of it. The grants, which are being provided through …

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