Search for Illinois, Clay County - Clay City distressed properties.
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Prospective Real Estate Investors inquire how HUD came to be the title holder of distressed property. HUD doesn't make loans; it insures loans made by private lenders. HUD acquires most of its foreclosure properties from private mortgage companies that have foreclosed on a borrower who had an FHA-insured loan. Take advantage of these real estate opportunities Search HUD Properities Listing Database 