Buying A HUD Home Can Be Tricky.

By
Real Estate Agent with U.S. Home Source Realty Inc.

What is envolved in buying a HUD home.First of all you will need to find a HUD approved broker to submit a bid for you.There are no contingencys on anything so once u put your earnest money down your locked in. So you will want to make sure that your investment is a good one research the neighborhood and the property condition HUD has a property condition report on there sit the information isn`t alway accurate.If the particular property that your looking at biding on is located in a state where it gets below 0 u will have a hard time getting the property dewinterized by HUD.

 

If your looking to buy a HUd Home do your homework.

 

 

Comments (1)

Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Welcome back to ActiveRain!

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Oct 13, 2015 11:29 AM