Local-foreclosures.com is dedicated to helping you find pre-foreclosure and foreclosure auction properties from HUD, VA, Fannie Mae, and other government agencies that represent a fantastic value vs. other homes on the market. Buy a new home for your family or flip it for profit. Either way HUD homes can be a fantastic investment! Enter your zip code above to get started. 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 on the foreclosure claim. Please note that Local-foreclosures.com is not affiliated with the U.S. Department of Housing and Urban Development