HUD Homes
- What does it mean if HUD Homestore shows my bid as "Cancelled"?
- I am a real estate agent and have a client who wants to make an offer on a HUD home. What do I need to be able to do so?
- How much earnest money must be submitted?
- Can a buyer that does not have a social security number bid for a HUD home?
- How do I get the utilities on in a property for an inspection?
- What form do I use to make an offer?
- Are cash offers considered more favorably than financed ones?
- Can the buyer cancel if they find something wrong?
- Why does my HUD Sales Contract show "TBD" in the Escrow Amount?
- Can I take possession before closing in order to start making repairs?
- Who chooses the Title company?
- What does the IN, IE, and UI financing codes mean on a HUDHomestore listing?
- What are realistic time frames to complete the transaction?
- Can a buyer complete an inspection?
- What happens with Board of Health fines, unpaid taxes, and sewer liens?
- What does it mean that a property is being sold as-is?
- Will HUD return earnest money if defective drywall is found in an inspection?
- What closing costs will HUD pay?
- Why do I have to provide a Proof of Funds or a Pre-Approval?
- Are all HUD home commissions for the selling agent locked?