To The FHA Homes Under $325,000 List! It's a widespread misconception that FHA permission must be needed for all properties. Although that might be valid for condominiums, FHA funding is available for both single-family homes and townhouses. You will need to visit the FHA website first, before you make an offer on an apartment that is listed as currently approved. TERRIFIC LOCATION for this 5 bed/1 bath home in Allentown City! LOTS of character hardwood floors throughout this home! Step into the central hall foyer leading into ca... Anyone including investors can purchase a HUD home, but priority is given to those who will live in the property as a primary residence. When the informative post home first becomes available for sale there is a period of time during which only owner-occupant buyers can bid on the listings, and in addition, buyers who will live in the home can also take advantage of the FHA $100 Down mortgage program.