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If a foreclosed residence was bought with a mortgage insured by the FHAhttps://www.house-o-rock.com the lender can file a claim for the stability due on the mortgage. You possibly can move in quicker if you purchase a HUD residence eligible for FHA-insured mortgage because it has already been appraised. Hid hones are government insured homes tha hud acquired the tittle to when the mortgage went into foreclosure because hud insures the mortgage against foreclosures.