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Which of the following does NOT apply to HUD home sales?

(A) HUD homes are sold at a discount.
(B) HUD homes are sold in as-is condition.
(C) HUD homes are eligible for FHA financing.
(D) HUD homes are sold to the highest bidder.

User Jacoor
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1 Answer

3 votes

Final answer:

HUD homes are not typically sold through an auction or bidding process. otpion d is answer

Step-by-step explanation:

The correct answer is (D) HUD homes are sold to the highest bidder. Unlike the other options, HUD homes are not typically sold through an auction or bidding process. Instead, they are sold through a special program called HUD's Home Sales Program, which allows for the purchase of HUD-owned homes at a discounted price.

It's important to note the connection between housing discrimination and HUD's role. HUD's mission includes addressing and preventing discriminatory practices in housing markets, such as the lack of equal housing opportunities based on race or ethnicity.

The history of discrimination in housing and HUD's efforts to combat it signal the significance of fair and inclusive housing practices, ensuring access to quality homes and neighborhoods for all individuals.otpion d is answer

User Vasily Hall
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