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| ![]() Team Troy Just Sold a Bothell, WA HUD-Owned CondominiumThis two-bedroom condo is in the Canyon Park complex and sold for 106% list price
By: Team Troy Team Troy says about the property, “We are not surprised to see this condo sell, it has a lot of desirable amenities and is in a good location.” What is a HUD Home? A HUD home is a 1-4 unit residential property offered by the Department of Housing and Urban Development as a result of a foreclosure action on a Federal Housing Administration insured mortgage loan. HUD then becomes the property owner and lists it for sale to recover the loss on the foreclosure claim. Anyone who can qualify for a mortgage or who can pay cash may buy a HUD home. Owner occupants must live in the house as their primary residence for at least one year. For more information on buying HUD Homes, see Team Troy’s website: http://nwhomesearch.com/ About Team Troy: Team Troy is a bunch of real estate fanatics that happen to be really good in the Seattle real estate business. The team consists of Troy Anderson, CEO and Managing Broker; Angela Coria, Broker and Vice President of Investments; Team Troy does it all! The team setup allows for niches in many different areas. They have extensive experience in real estate listings: traditional, short sale and real estate owned. They are experts in the HUD process and teach the monthly course “Successfully Selling HUD Homes.” Team Troy works with a wide range of real estate investors who may be interested in home rehabilitation, as well as buyers and sellers from all over the Puget Sound region. End
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