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Updated over 8 years ago on . Most recent reply

User Stats

11
Posts
0
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Rory Fowler
  • Investor
  • Birmingham, AL
0
Votes |
11
Posts

What is a HUD Second Chance Auction?

Rory Fowler
  • Investor
  • Birmingham, AL
Posted

While scouring my local market I came across an auction company offering a type of auction called "HUD Second Chance Auction". The particular property I am looking at is not occupied (I personally visited the property). I know it's a foreclosure, but what is the significance of the HUD second chance?

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