This is an example of Indianapolis HUD homes for sale.
Indiana is at the top in home foreclosures in the nation and it is no wonder that there are numerous Indianapolis HUD homes for sale.
Some of the large Indianapolis area home builders have been very aggressive in getting new home buyers into homes. The builders were able to get some buyers that shouldn’t be buying homes qualified with lenders.
They would do a 1-3 years buy down on the interest rate. Also the property taxes would be low for the first year or two, but after a couple of years the interest rate and property taxes would go up and the buyer can’t afford the payment.
The Metropolitan Indianapolis Board of Realtors (MIBOR) usually has 250-300 active listings for Indiana HUD homes in central Indiana. The price range goes up to $200,000 for HUD homes in Indianapolis area.
I am located in the Indianapolis area and service all of central Indiana.
If you are interest in Indiana HUD homes in central Indiana, please fill out the form below and submit it. I will contact you and we can further discuss Indianapolis HUD Homes.