If you check the new HUD website, hudhomestore.com it will show that there are 482 HUD Homes available for sale in the state of Indiana as of 9/20. If you go to hmbiweb.com to find out what homes are available, it will take you to this page: http://www.tenmanagement.com/listings/state.do?code=IN where there are 407 HUD Homes shown as being available in Indiana. (By the way, ALL of these homes are available for bidding by both investors and owner-occupants.)
From a quick comparison, it appears that some homes being shown as available on hudhomestore.com actually show having an accepted offer on the HMBI site.
During the transition, it might be common to find discrepancies like this. We know that early during a transition period is when the bugs are worked out of the system. Even though HUD has put extensive planning into the new system, we know that it will take a little bit of time to work out all of the details. We expect that hudhomestore.com will have the most up-to-date information soon as the new Asset Management companies take on their responsibilities.
For any questions about Indianapolis HUD Homes and foreclosures, feel free to contact me and I can try to get you some answers. I am a HUD-registered broker, who can help you with your purchase of a HUD Home. My company and website are not affiliated with HUD or any government agency.
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