Know your deadlines before bidding on a Coweta County HUD home!If you are interested in purchasing a Coweta County HUD home, you need to understand that bids must be entered before the deadline!

And typically, those deadline days of the week follow a specific pattern. When a HUD home is placed on the market, the bid period is typically until 11:59 P.M. on the second Sunday following the initial listing.

If a HUD bid is awarded, and the property comes back on the market before it is closed, the deadline day is typically the first Tuesday following placing the property back on the market. Occasionally, if the property comes back on the market early in the week, the deadline could be on Thursday night.

If NO bid is accepted by HUD and the deadline expires, the property goes on day-today status, with bids accepted until 11:58 P.M. by either owner occupants or investors. This will continue every day until an offer is accepted.

The best way to correctly bid on a HUD home is to work with a buyer’s agent experienced in HUD transactions. They can guide you through the process from start to finish.

For more information on Coweta County HUD homes visit CowetaFayetteRealty.com or call today!

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4 Comments on If you plan on buying a Coweta County HUD home, keeps these days of the week in mind!

MAY
16
2010
230,320 Points 4 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Richard-

This is great information on HUD deadlines - and nicely presented!

--Sara
9:21pm • #1
1,405,835 Points 54 Featured Posts Outside Blog Called Shot Master

Richard....there is are no shortcuts when vieing for a HUD property.   Good luck
9:33pm • #2
814,678 Points 164 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Richard, we don't have many HUD homes in my area, I would be calling you if I needed info, that's for sure.
10:21pm • #3
MAY
17
2010
654,258 Points 49 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Hi Richard, learned something new about HUD deadlines. I get calls every now and then about HUD but have to refer them out. You are "the man" when someone wants to buy a HUD home!
7:23am • #4


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Richard Weisser

Richard Weisser Coweta Newnan Homes for Sale

Newnan, GA

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Author Bio: Richard Weisser is a Georgia real estate broker, licensed auctioneer, a candidate for GA House District 71 and has been writing about Georgia Real Estate since 1999.

Coweta Fayette Real Estate offers opinions and helpful information to consumers and real estate professionals in the Coweta County Georgia area.

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