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az hud broker: Buying A HUD Home In Arizona Part 3 of 3 ~ Escrow Process, Inspections and Closing - 01/12/10 02:19 PM
In Part 1 the HUD electronic bidding process was laid out for you.
In Part 2, the HUD contract execution process was reviewed.
Now, your Contract has been executed, and HUD has established the title company that will handle your escrow. Ordinarily, the buyer may choose services, but when purchasing a HUD home,  HUD designates a title company that typically handles all their escrows in a particular county.
HUD will e-mail and fax your HUD Broker a copy of the executed Contract along with a letter that designates the title company and provides for a 72 hour (3 business days) receipt … (11 comments)

az hud broker: Buying A HUD Home In Arizona Part 2 of 3 - Contract And Addenda - 01/08/10 02:02 PM
 
In Part 1, the HUD Pre-Bidding and Bidding process was reviewed.  Now, your bid has been accepted by HUD and yet, you are not quite under Contract although you are well on your way.
First, the Contract will be overnighted to HUD for execution; your HUD Broker will usually do the overnighting.
In the package, include the completed, signed originals and 2 copies, and retain a third copy for your files. Use the HUD Checklist to make sure all the forms are completed.
Remember to use BLUE ink only to fill out the fields in the document.
You'll choose either … (12 comments)

az hud broker: Buying A HUD Home In Arizona Part 1 of 3 - Pre-Bidding Due Diligence And Electronic Bidding - 01/04/10 11:37 AM
 
I have scoured for a layperson's informational process for those interested in bidding, purchasing and enjoying a HUD home, and have found the resources lacking.
What I usually do as an Arizona Certified HUD Broker is provide my buyer client with a copy of the Broker Handbook, but for most of them it is TMI.
So hopefully, this will demystify and clarify the HUD homebuying process.
 
Pre-Bidding Phase:
First step: view the property listing online at www.HUDHomestore.com which will include a Property Condition Report. You will get an inspection period opportunity but being prepared is best. HUD has had … (6 comments)

 
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Candice A Donofrio 928-201-4BHC (4242) call/text

Fort Mohave, AZ

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Candice A Donofrio CRE Broker Fort Mohave AZ 928-201-4242

Address: All Of Mohave County, POB 8854, Fort Mohave, AZ, 86427

Office Phone: (866) 228-2643

Cell Phone: (928) 201-4242

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