US Government Foreclosure Homes Sold in "As-Is" Condition
Real Estate News From CoStar Group
A lot of people think HUD homes are a great deal because they are often so cheap. However, you can't judge these houses by price alone. There is often a lot of damage that needs to be repaired and these homes are always sold "as-is" so whatever is wrong with them, if you buy the house it's your problem.
Source: Real-Estate:Foreclosures Articles from EzineArticles.com