Step 4:

Showing HUD homes.

 

 Accessing and showing HUD homes is like showing any other listed home for sale in the market place.

 

You should start with contacting the listing broker for any necessary showing info. This contact information can be found on the local MLS (Multiple Listing System) or at the HUDHomestore.com under contacts on the specific property.

 

 

HUD homes will have lockboxes on properties for access by licensed real estate brokers/agents.

 

When entering a HUD home, please sign, date and give reason for visit on the HUD sign in sheet. This is normally located on the counter in the kitchen.

 

 

MAKE SURE to secure the property when leaving!

 

You should ALWAYS accompany your buyer when visiting a HUD property. This includes inspectors, contractors, or any other company or individual performing services.

 

NEVER give a HUD key to a NON-RegisteredHUD Broker

 

 

All HUD homes are sold AS IS WHERE IS

 

All HUD homes are sold through an online electronic bidding process.

 

 Broker must have an ACTIVE NAID number to place bids.

 

24/7 Bid submission. Bids can be submitted 24/7, however, bids are not reviewed over holidays or weekends. Check the bid deadline on property info page.

 

On the bid deadline day, all offers are reviewed and then accepted, rejected or counter-offered by the designated AM.

 

Winning broker/bidder will receive notification via email

 

 

 

www.HUDhomestore.com

 

 

HUD HOMES ARE SOLD AS IS WHERE IS

 

•HUD makes no representation or warranty to the condition of the property

 

•HIGHLY recommended to have a Home Inspection.The purchaser is responsible for taking the necessary steps

to determine the condition of the property.

 

•Initial property condition reports (PCR) are conducted and may be found at www.HUDHomestore.com. These are preliminary and not meant to replace a traditional home inspection.

 

•Buyers do not acquire any liens or bills from previous owner.

Step 5.
HUD's new BSCA (Buyer Select Closing Agent)

© 2020 by Native American Group LLC t/a Better Homes and Gardens Real Estate Native American Group.

A licensed real estate firm in the states of VA/NC

 

 

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