bank owned property: Buying A HUD Home Can Be Tricky.
- 01/15/09 08:15 AM
What is envolved in buying a HUD home.First of all you will need to find a HUD approved broker to submit a bid for you.There are no contingencys on anything so once u put your earnest money down your locked in. So you will want to make sure that your investment is a good one research the neighborhood and the property condition HUD has a property condition report on there sit the information isn`t alway accurate.If the particular property that your looking at biding on is located in a state where it gets below 0 u will have a hard time getting the property … (1 comments)
What is envolved in buying a HUD home.First of all you will need to find a HUD approved broker to submit a bid for you.There are no contingencys on anything so once u put your earnest money down your locked in. So you will want to make sure that your investment is a good one research the neighborhood and the property condition HUD has a property condition report on there sit the information isn`t alway accurate.If the particular property that your looking at biding on is located in a state where it gets below 0 u will have a hard time getting the property … (1 comments)
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