96 Dudley Rd Brentwood NH
HUD homes are owned by the government and the sale of HUD homes is managed by the US Dept. of Housing and Urban Development. HUD homes are offered with a 3% rebate buyers can use towards their closing costs.
How To Buy HUD Homes
STEP 1 Buyer must be pre-approved for a mortgage. If a buyer were to pay cash, the buyer would need a letter from the manager of the institution where their liquid assets are held stating that the funds are ready and available for closing on the property (proof of funds).
STEP 2 When you find the HUD home you want to buy, make sure the Realtor you choose to work with is a HUD registered agent. Only HUD registered agents are able to make offers.
STEP 3 Bid periods end daily at midnight. Bids are submitted on line by HUD registered agents. The bids are opened the next day and an answer to the bid is posted by 9:30 the next day.
STEP 4 If the bid is accepted, the buyer must complete all necessary paperwork and submit a cashier's check made out to HUD for $1,000. These items must be in the local HUD office within 48 hours.
STEP 5 Buyer has 15 days from the date the contract was signed by HUD's representative to have a home inspection performed by a licensed home inspection company and exercise all due diligence.
STEP 6 Buyer must close within 45 days of the effective date or if using an FHA 203K Rehab loan, buyer must close within 60 days. There are exceptions to the rule of closing date but for every 15 day extension granted by HUD, there are associated fees.
STEP 7 Move in and start enjoying the benefits of home ownership.
96 Dudley Rd. Brentwood, NH Four Bedrooms Three Baths
This grand colonial with hardwood floors, lots of windows, open concept, granite counters, double garage, three season porch, forced hot air heat, and central air conditioning sits on 5.4 private acres in one of Brentwood's best planned subdivisions. For more information on this home and HUD homes in general, call Marty direct at 603-781-4099 or leave a message at the office of Virtual Homes, Inc. 603-732-1800.
View a short video tour => 96 Dudley
About The Author
Marty Patrizi is a full time full service Realtor with Virtual Homes, Inc. Marty has been a building and remodeling contractor since 1988 and became a Realtor in 2007. Marty works as a buyer's agent and a listing agent giving his clients the benefits of his extensive experience in the industry. Marty can be reached direct at 603-781-4099 or by email marty.patrizi@virtualhomes.com. Click here to see => Marty's Profile
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