Valparaiso, IN HUD Home Just Sold F.C.Tucker Real Estate Represented Buyer

By
Real Estate Broker/Owner with F.C.Tucker 1st Team Real Estate

Just Sold Talk To F.C.Tucker 1st Team Real Estate serving NW Indiana

Recently we closed escrow on a property in Valparaiso, IN 46383 that was the result of a

successful online bid for a HUD Home.

 Valparaiso Indiana HUD Home Sold F.C.Tucker 1st Team Real Estate represented the buyer

The buyer was referred to us by peers from work.

 

We did not look at HUD homes initially as this was a 1st time Home Buyer and sometimes the condition and repairs needed for a HUD home can be overwhelming.

 

We warned our buyer that foreclosure real estate transactions are atypical.

There usually are more obstacles to overcome since many (not all) HUD Homes are:

  • Sold As-Is

 

  • Utilities and water are turned off  and the buyer pays the cost to turn them on for a limited time frame for home inspections and appraisal.

 

  • Home Inspections are usually for information only for the buyer to decide whether or not they want to continue with the transaction.

 

  • Missing Utility Meters may delay the agreed upon inspection period.

 

  • Contract time-lines are strict = Upcoming contract expiration reminder/Case#

There is a Hierarchy of Layers of Red Tape: i.e Asset Management Companies, Servicing Companies, etc..

In representing a Buyer of a HUD Home, the detailed and expedient transaction management after the bid gets accepted is key to a successful sale.

There is a difference in Real Estate Companies

If you are looking for Full Time REALTORS to represent you in buying a HUD Home in Northwest Indiana, please give us a call @ 219-405-1232.

We Want to be your Buyer Agents! (click here to watch our You Tube Video).

 

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Thanks for stopping by and reading our Blog about Life in NW Indiana, The Housing Market, Communities, Local Sports, Events, attractions & more.

 F.C.Tucker Indiana's largest Real Estate Company Sincerely,

Jeff & Grace Safrin,  Broker / Owners                              Sign Up For Our Real Estate Newsletter

F.C.Tucker 1st Team Real Estate

13 Lincolnway Suite # 203 

Valparaiso, IN 46383         

Office # 219-309-9930

serving Lake, Porter, La Porte, Jasper, Newton & Starke Counties in NW Indiana

 Independently Owned & Operated

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Indiana Porter County Valparaiso Lexington Green
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