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Bill Ristow
Meet Lisa Ristow - Now & Then
Lisa Ristow of The Ristow Group

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How To Buy A HUD Home & Save Thousands

Are you aware that buyers who purchase HUD homes can save thousands of dollars? As the Local Listing Brokerage for HUD homes here at The Ristow Group we are often times asked various questions such as “what is a HUD home?” A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss of the foreclosure claim. 
There are many ways to locate HUD homes. A free photo brochure of properties available can be found at www.TheRistowGroup.com. You can also visit the www.HUDHomeStore.com which is the listing site for HUD real estate owned (REO) properties. This site provides public, brokers, state and local governments and nonprofit organizations a centralized location to search the inventory of properties for sale. In addition, registered real estate brokers and other approved organizations can place bids on behalf of their clients to purchase a HUD property. The site also includes many informative user-friendly features providing advice and guidance for consumers on the home buying process.   On the HUD site you can search for properties across America. You can also contact any Real Estate Agent or The Ristow Group to obtain a list of active listings. 
Almost anyone is eligible to purchase a HUD home. If you have the cash or can qualify for a loan, they are initially offered to owner occupant purchasers for a period of time and unsold properties are available to all buyers, including investors. Placing a bid is a very simple, entails very little paperwork, and a transparent process. Any certified HUD Broker can place a bid online for you. While HUD does not provide direct financing there are several programs available directly from banks and mortgage brokers. One of my favorite loan programs is the FHA 203(k) Rehabilitation Loan where the costs of repairs can be financed and not come out of a buyers pocket.
As the Local Listing Broker for several REO clients and HUD Homes, Lisa Ristow offers free workshops to teach buyers how to purchase HUD homes. If you have questions or would like to register for an upcoming workshop, please contact a HUD trained team member at The Ristow Group (928) 763-1234.   
 
  
Elizabeth "Lisa" Ristow
HUD Local Listing Broker
Broker/Owner
The Ristow Group LLC
Phone: 928-763-1234
Toll Free: 877-Ristow9
Fax: 888-413-6663

Email Us
Office Locations:

2455 Miracle Mile
Bullhead City, AZ 86442

49 Acoma Blvd N
Lake Havasu City, AZ 86406

3650 Southpointe Circle
Laughlin, NV 89029



Elizabeth "Lisa" Ristow
Owner/Broker

2455 Miracle Mile,
Bullhead City, AZ 86442
Phone: 928-763-1234
Fax: 1-888-413-6663
Email: 
Info@TheRistowGroup.com
www.TheRistowGroup.com

EHO




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