Have you got a NM HUD Realtor®? Many of today’s savvy home buyers and real estate investors are taking a serious look at homes made available by the government agency US Department of Housing and Urban Development or HUD. HUD offers some excellent properties that run the full range of price, area and overall condition. Many times buyers think of a “HUD” home as a negative or some stereotypical home in shambles or unstable communities. The fact is a HUD home is simply a property that has been foreclosed on due to an unpaid FHA mortgage. … (27 comments)
Welcome back to the fourth and final post in a series on How to Buy a HUD Home In New Mexico. With home inspections wrapped up and utilities turned back off it's time to focus on the final close of escrow. Here are link to the past 3 posts in this series.
Part 1. How to Buy a HUD Home in New Mexico Part 2. How to Purchase HUD Homes in NM Part 3. Buying HUD Homes in New Mexico
When you as a buyer state in the initial contract you are to be an owner occupant, … (28 comments)
hud: How to Buy a HUD Home in New Mexico (part 3 of a series)
- 08/30/12 03:22 AM
Welcome back to the series... "How to Buy a HUD Home in New Mexico". Here is part 3 in the series discussing the inspection process. If you missed the last two in the series here you go.
Part 1. How to Buy a Hud Home in New Mexico Part 2. How to Buy a HUD Home in New Mexico
HUD highly suggests having a home inspected prior to the offer process, however if done at this time would be a very basic and very limited visual inspection of the structure. Utilities are almost always off and HUD will … (30 comments)
hud: How to Buy a HUD Home in New Mexico (part 2 of a series)
- 08/28/12 04:04 AM
Welcome back! Part 2 of How to Buy a HUD Home in New Mexico. Part 1 of How to Buy a HUD Home in New Mexico focused on how to find a New Mexico HUD owned home, who can buy a N.M HUD home, what is required of a buyer before submitting a bid and utilizing a HUD certified New Mexico Realtor to represent you. See Part 1 of How to Buy a HUD home in New MexicoPart two here outlines the BID process and some helpful insights. Once you have selected a New Mexico HUD home to buy … (33 comments)
hud: How to Buy a HUD Home in New Mexico (a series)
- 08/27/12 09:22 AM
How to Buy a HUD Home in New Mexico is a series designed to educate future home buyers to the intricacies of purchasing a New Mexico HUD owned home. Many of todays savvy home buyers are considering the different opportunities available from Short Sales, Bank Owned Homes (Foreclosures) and the like. One of those options is HUD homes. A HUD (Housing and Urban Development) home simply means a home that has gone through the foreclosure process on an FHA insured mortgage and is now owned by the US federal government or HUD. Buyers need to understand the that all real estate … (41 comments)
hud: HUD’s Temporary Waiver of FHA’s anti-flipping rule has been extended
- 01/09/12 11:43 AM
HUD’s Temporary Waiver of FHA’s anti-flipping rule has been extended Tim brings us good news in the fact that FHA has extended their Flip Waiver through 2012! This is great news for many Albuquerque, Rio Rancho NM home sellers and the New Mexico real estate market in general. Please leave your comments on Tim's page as I am disabling the comments on my page. Make it a great day in all you do! FHA Will Allow Flips FHA Extended their Flip Waiver Through 2012 HUD’s Temporary Waiver of FHA’s anti-flipping rule has been extended.
HUD‟s requirements when waiving regulations … (0 comments)
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