22935 Ventura Blvd. Los Angeles, CA

Unlock Your HUD Home Career

CRESTICO is approved by the U.S. Department of Housing and Urban Development (HUD), allowing our agents to participate in HUD home transactions and submit bids on eligible HUD properties. This approval creates opportunities for real estate professionals who want to expand their expertise while helping buyers access affordable homeownership options. By working with CRESTICO, agents gain access to the resources, guidance, and support needed to navigate the HUD home buying process with confidence.
Real estate agent assisting a homebuyer with a HUD home purchase opportunity

What Are HUD Homes?

HUD homes are residential properties acquired by the U.S. Department of Housing and Urban Development, typically following foreclosure on FHA insured mortgages. These properties are offered for sale through an established process designed to promote homeownership and community development. HUD homes can present valuable opportunities for buyers seeking affordable housing options and for real estate agents looking to serve a specialized segment of the market.

How HUD Home Transactions Work

Real estate agents representing buyers in HUD transactions must be properly registered through the official HUD Homestore platform. Once registered, agents can submit bids on behalf of eligible buyers and guide clients through HUD specific purchasing requirements. The process includes property research, bid submission, contract management, compliance requirements, and transaction coordination through closing. Understanding these procedures helps create a smoother experience for both agents and buyers.

Where to Find Available HUD Homes

HUD homes are listed through HUDHomestore.com, the official resource for available HUD properties across the United States. Agents and buyers can use the platform to review active listings, understand purchasing requirements, learn about the HUD sales process, and evaluate property opportunities in their target markets. The website serves as a central resource for property searches, buyer eligibility information, and transaction guidelines.

Support for Agents Representing HUD Buyers

CRESTICO helps agents navigate every stage of the HUD home transaction process. From registration guidance and bid preparation to transaction management and closing coordination, our team provides the support needed to help agents serve their clients effectively. In California, HUD properties are managed through PEMCO, Ltd., the real estate management company contracted to oversee property management and sales activities. Understanding local management procedures is an important part of successfully completing HUD home transactions. Whether you are new to HUD homes or looking to expand your existing business, CRESTICO provides the resources, education, and operational support needed to help you grow your real estate career.

Frequently Asked Questions

Do I need to register before submitting a HUD home bid?

Yes. Agents must complete the required registration process through the official HUD Homestore platform before submitting offers on behalf of buyers.

Can buyers submit HUD home offers without an agent?

In most cases, HUD home offers are submitted through a registered real estate agent who represents the buyer during the transaction.

Where can I search for HUD homes?

HUD homes can be searched through HUDHomestore.com, the official website for HUD property listings and purchasing information.

Are HUD homes available in every state?

HUD homes may be available throughout the United States, depending on inventory and market conditions in each area.

How can CRESTICO help with HUD home transactions?

CRESTICO provides guidance, education, transaction support, and resources to help agents successfully manage HUD home purchases from registration through closing.

CRESTICO  — Where Ambition Meets Lasting Impact

Marisol was extremely helpful and successful in resolving the problems associated with my loan. We are very happy with our new loan.
They were always available to answer my questions and made the entire process simple and straightforward. I got a great rate and the support I needed to close on time. I wouldn't hesitate to use them again or recommend them to family and friends!
I couldn't have had a more amazing experience with our realtor - Diane Phillips. Diane is extremely knowledgeable and personable. She got to know me and my...
Houtan and Marisol are a great team. They helped my dad with his refinance and made the process seamless. They answered every question we had and came up with solutions if we ran into any issues. Thanks again!
I had an amazing experience.I received all the information, support and they were very Knowledgeable of the information that I needed.
Excellent Mortgage Broker – Highly Recommended! I had an amazing experience working with Houtan and his team at Crestico. From start to finish, not only Houtan himself but his entire team made the mortgage process smooth, stress-free, and efficient. Their knowledge and expertise were evident at every step, ensuring I got the best possible loan terms. Communication was outstanding; Houtan was always available to answer my questions, explain complex details in a way that made sense, and guide me through the entire process with confidence. They were proactive, transparent, and truly had my best interests in mind. If you’re looking for a mortgage broker who is professional, reliable, and dedicated to helping you secure the best financing, I highly recommend Houtan and his team. I couldn’t have asked for a better experience!
Houtan is a top notch professional. He helped me with my pre-approval and walked me through every step of the loan process. He was extremely responsive, personable, and knowledgeable. He is incredibly reliable and would answer calls or emails within minutes when I had questions. I can't recommend Houtan enough for buying a house. We had been working directly with a large bank on a loan, and all seemed fine until we had an accepted offer, then we started having issue after issue where there was just no sense of urgency. We almost had to walk away from our house, but Houtan and his team were referred to us in mid escrow, helped us explore multiple options in parallel, and close on time. Houtan was very responsive and on top of everything, presented our options very clearly, patient with all our questions, and really understands the Los Angeles housing market.
Houtan is a top notch professional. He helped me with my pre-approval and walked me through every step of the loan process. He was extremely responsive,...
Houtan is a top notch professional. He helped me with my pre-approval and walked me through every step of the loan process. He was extremely responsive,...
As a first time home buyer, taking out a jumbo loan could’ve been quite scary. But Houtan and his team made it a pleasant experience. An amazing team who are always one step ahead of the process.
Easy to work with ! Professional people and honest!
Worked with Houtan. He got our loan closed super fast and got us a rate that was lower than what our bank offered us. I'm very happy with Crestico and i recommend them to anyone.
Finally a real professional with a heart! Working with Houton makes me feel like having a friend who is on my side, rather than a businessman who is always looking out for #1. He is extremely helpful, knowledgeable, and responsive. He was always happy to explain and strategize with me whenever I needed help. Unlike most realtors and lenders out there who don't want to use their brains and only do easy and mindless paperwork, Houtan has great analytical and investment insights to share with his clients. I wholeheartedly recommend him to anyone who values the rare combo of both thoughtfulness and top-notch expertise.
Thank you Houtan and the entire team for going above and beyond every single time. From the onset, you guys gather whatever is necessary to get the job done as quickly and efficiently as possible, always keeping constant communication. My rate and fees are disclosed and never change at the time of signing.
These guys were a godsend when searching for a home loan. I was first time home buyer and they helped out with the entire process. Everything from the customer service to making sure I was informed for every step of the process was handled exceptionally. I am absolutely ebullient with Houtan and his entire team have given me, and helping me transcend into the status of homeowner.
I have been working with Houtan for over 10 years. He and his office have always been great to work with. Excellent communication and great work ethic. I will definitely be back for my other mortgage needs in the near future.
Thank you Houtan and team for helping me secure my home loan! Great communication, customer service and rate! Look no further, call Crestico for all of your home loan needs.
I want to express my gratitude to Houtan and his team. Houtan is extremely knowledgeable and really takes the time to answer any questions that you have. He wants the best for his clients and I would recommend him to anyone.
I want to take a moment to express my gratitude for Houtan Hormozian and the exceptional service he provided in helping me secure a loan. From our very first conversation, he was attentive, understanding, and incredibly knowledgeable about the lending process. He took the time to explain all the details, answered all my questions patiently, and worked tirelessly to find the best options tailored to my needs. His professionalism and dedication made what could have been a stressful experience into one that was smooth and straightforward. Thanks to Houtan Hormozian, I was able to secure the financing I needed, and I couldn't be happier with the outcome. I highly recommend him to anyone in need of lending services. His commitment to his clients is truly commendable!
Houtan and his team are the best. They made the whole process of buying the house so easy for me. Houtan is very professional,knowledgeable , trustworthy and caring. He wants the best for his costumers. I highly recommend him to everyone.
We did a lot of research before settling on Houtan - and he has been a great find. He has helped us with our home purchase, and several refinances since then. As we look into purchasing rental properties, he is always available to answer questions and explain things in terms that non-brokers can understand. He is, and will always be a part of our investment team.
Houtan and His team are great. He got me a great rate and funded my loan before my escrow closing date. A ++
I am a realtor. Houtan Hormozian was my buyers lender. He was always very responsive and always answered my calls, some lenders never call you back He promised he would close in 30 days and he did. I would highly recommend him.
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