Are you looking to purchase a HUD home in Cape Coral or Ft Myers Florida? We can help! Here are some quick tips to assist you with the bidding and purchasing procedures for HUD homes.
HUD home bids must be submitted online by a HUD registered broker or one of their licensed real estate agents. Our office is registered which means any of our agents can assist you with submitting an offer.
There are currently 3 different type of bids. One is lottery and is only for certain goverment agencies or not-for-profit groups. The next is for owner occupant only and the final stage allows investors as well. You can see what bids are acceptable right online.
HUD Homes have changed to a new service provider for bids. To search for available HUD homes you now go to: www.HUDHomeStore.com click on the state and city you would like to search in and find the home(s) you are interested in.
Once your offer is accepted they require a full earnest deposit, contract signed in blue ink along with any addtiional addendums to be to their offices within 48 hours. Your agent will handle this for you.
Our agents are familiar with the process and can assist buyers in their search. We also work with REOS, Foreclosures, Bank owned listings and short sales as well.
Here is a list of the current properties available in Cape Coral, Florida through HUD homes. There are currently 11 in Cape Coral, Florida but more are added all of the time.