hud: How To Buy A HUD Home
- 03/13/10 02:25 AM
Ok, everyone is hearing more and more about buying HUD homes. Is it done the same way as buying any other home? NO. Let's talk about placing an offer on a HUD home. As you may know, a HUD home is a foreclosed property and the HUD stands for Housing and Urban Development. These homes are bid via an electronic bidding system. Electronic bidding allows brokers, like myself, the ability to submit bids for buyers electronically viaa computer or touch tone phone. The electronic bids are stored in the computer and at the appropriate time, the computer will automatically perform the (0 comments)