Richard Weisser wrote such a great series on purchasing a HUD home, that I decided to reblog the entire series. Here is his next-to-the-last (part 6) in the series. As he states in this part 6, you can have a home inspection performed; however, you must have the utilities turned on in your name
...
09/30/2009
Here is part 5 in the series written by Richard Weisser on purchasing HUD HOMES. When he mentions that you must wait until the offer deadline expires to know if your bid is accepted, he is referring to the owner-occupancy priority period. In Mississippi, HUD has a 10-day period where those who
...
09/28/2009
Here is Richard Weisser's part 4 of the HUD Home Buying Guide. There are a couple of additional items I am going to point out about placing a bid on a HUD home. In Mississippi, only HUD registered brokers can place a bid for you (even if you are an investor). Also, if you are thinking about b
...
09/23/2009
Here is Richard Weisser's 3rd part in his series on purchasing a HUD home. I had been thinking about writing a series of articles on this topic but Richard did such a great job, why re-invent the wheel? The process for buying a HUD home in Mississippi appears to be very similar to the process i
...
09/20/2009
Here is part 2 in the series of the HUD Home Buying Guide from Richard Weisser. Please note that in Mississippi, the $1,000 buyer bonus and the Georgia state income tax credit does not apply; however, the $100 downpayment for owner-occupant purchasers using an FHA loan also works in MS. For a f
...
09/19/2009
This great series was written and originally posted by Richard Weisser, a Realtor in Newnam, GA who takes beautiful pictures of the Smoky Mountains. The process is pretty much the same in Mississippi. I do HUD bids in Northwest MS. In these days of foreclosures, REO and short sales, we often ge
...
09/17/2009
Hernando MS Real Estate Market Report - August 2009by Pam SimpsonThe Kudzu Vine Hernando MS saw a decrease in the number of homes sold for the month of August at 27 residential sales. The average sales price was $154,535 and the average days on the market was 181. Of the 27 sales in Hernando MS
...
09/11/2009
Olive Branch MS Real Estate Market Report - August 2009by Pam SimpsonThe Kudzu Vine Olive Branch MS is still holding steady with 59 recorded sales of residential properties for the month of August. The average sales price was $178,631 and the average days on the market was 145. Of the homes that
...
09/11/2009
Tate County MS Real Estate Market Report - August 2009by Pam SimpsonThe Kudzu Vine The month of August closed out with 18 residential sales in Tate County MS with an average sales price of $91,325. The average days on the market for those sales was 140. Foreclosure sales jump
...
09/10/2009
Here is an article written by Joni Gordon, a Realtor in Cape Coral, Florida. It is great advice if you are a home seller that finds yourself in this situation in our present market. If you own a home in Northwest MS and you absolutely must sell, contact me for information on your options.YOU ABS
...
09/07/2009