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The Kite Team
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As a HUD designated agent I know specifically what needs to be done in order to help you purchase a HUD home for the best possible price. We can view all these properties at your convenience and all offers are initially placed electronically. We will have a response to an offer within 2 business days unless it is during the initial owner occupant purchase window in which case it may take us 10 days HUD does provide closing costs and they do pay Realtor commissions. Click here to learn more about HUD homes. Click here to search Illinois HUD homes. Check this search page every Friday as new properties are added and price adjustments made at that time.
What is a HUD Home?
A HUD home is a foreclosure property currently owned by the Department of Housing and Urban Development. These properties can be great opportunities to purchase for yourself or as an investment. You will notice these homes have a 10 day initial offering to people who are going to live in them. If the property isn’t purchased within that 10 days at a ‘fair’ price then the home is available for investors to buy. If you look at each individual property you will also notice a property report which will give you some specific information concerning what may be wrong with the property. Understand it may not be accurate as of today, but when the report was done it was accurate to the best of the inspectors knowledge. The nice thing is there aren’t many other foreclosure properties that provide you with a report. HUD does provide closing costs and they do pay Realtor commissions.
If you have any questions, please do not hesitate to email Amy at Amy@AmyKite.com or call 847-877-9881. I look forward to helping you with your real estate needs. 
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The Kite Team
Keller Williams Premier Realty
410 Peterson Rd.
Libertyville, IL. 60048
Phone: 847-877-9881
Email: Amy@AmyKite.com
Founder of the Kite Team of Keller Williams, Amy Kite specializes in the real estate needs of first-time home buyers, retirees, seniors and military personnel. Areas of expertise include foreclosure prevention, short-sales, new construction, and investment property. For the past three years, Amy has netted 98.7% for her clients of their asking price. For 2007, Amy has netted 99.5% for her sellers of their asking price and her buyers have paid on average 92% of the asking price. Amy Kite is a Top Expert in Lake County area real estate. Amy holds designations in the following: CRS, ABR, e-Pro, SRES, CNHS (Certified New Home Specialist), and CDPE (Certified Distressed Property Expert).         
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