PR HUD Homes Real Estate Puerto Rico What is a HUD Home?
A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
https://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/reo/reobuyfaq