HudPemCo.Com - HUD Home Bidding From Your House

This is the website of Pemco; the real estate management company contracted by the U.S. Department of Housing and Urban Development (HUD) to administer the property sales of all HUD Homes in the states of Georgia, California, Hawaii, Guam and the Marianas Islands. What is a HUD Home? When someone who has a HUD mortgage cannot meet the payments, HUD pays the lender what is owed and takes ownership of the house. HUD then sells it at market value by hiring real estate agents such as Pemco. Anyone who can apply for a mortgage or has cash to pay it, can buy a HUD house. This website provides the people who want to preserve their property some addresses to place their petition to do so, as well as property listings and house searching to bid for any house you like. Brokers and relators have also their own space on the site.