Asset Control Areas


•Foreclosed properties that are located in a designated ACA are first offered for sale to an ACA participant.
•State, country and local units of government, as well as approved nonprofit organizations may either into a to year contract with HUD requiring HUD to first make FHA properties located in an ACA exclusively available for sale to the ACA participant.
•ACA properties with an appraised value of $25,000 or less may be purchased for $100; all other properties sold under the ACA Program are offered for sale at a minimum discount of 50% of the appraised property value. 
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