Hello Minnesota Home Buyers!   There has never been a better time to buy a home in Minnesota, and great deals can be had on HUD owned homes.                  But first, what exactly is a Minnesota HUD Home?A Minnesota HUD home is a 1 to 4 unit residential property located in the state of Minnesota that has been acquired by the United States Government’s Department of Housing and Urban Development (HUD) as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale in Minnesota to recover the loss on the foreclosure claim.                 Who can buy a HUD Home in Minnesota?YOU CAN!  If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home in Minnesota. HUD Homes are first offered to peo... 07/18/2009