Why does HUD still require originals and blue ink? This is getting ridiculous. As the real estate industry moves forward with being able to scan a clean contract into a PDF instead of faxing where the contracts shrink, in addition to many people using digital signatures and doing everything via email and phone, sometimes from out of state, why does HUD still require the contract to be in their office as signed originals with blue ink? Why are they scared to accept an email?
I submitted my online bid last Thursday. We found out first thing Friday morning that our bid was accepted. I immediately rearrange some things so I could get originals signed and over to the HUD office so we didn't have to do it over the weekend. I followed the instructions to a T. What happens? I get an email late Friday saying they need a new "original" contract signed in blue ink because I need to remove the financing information. I replied back asking why the financing would be removed when the instructions explicitly say how to fill out each line. Her response was that those are old instructions from years ago and HUD never updated them. I've sold HUD homes in the past and don't recall having an issue with the finance numbers being on the contract. After all, there are blanks for the numbers to go and the instructions say so.
Anyway, I had the pleasure of making the hour and a half trip once again because they wouldn't just accept a PDF. It's 25 minutes to my buyer's office, 15 more minutes from her office to the HUD office, and then the 40 minute drive back home.
Gas is at $3.69 a gallon... why won't they accept something besides the Originals in Blue Ink? According to my GPS, I spent $35 in gas for those two trips to the HUD office. I think commissions for HUD homes need to go back up to 5%!! I think the coalition for less emissions should speak with them about not making people drive around for nonsense!!
Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.coma
Donna@DonnaHomes.com
Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
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*HUD Homes Still Require Originals in Blue Ink - You Are Playing Old School, HUD!! * was first published on donnahomesblog.com.
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