HUD Homes

***For up to date lists of offered homes by HUD, please email me a request at roy@nvroy.com. ***

Requirements to have on hand before bids are put in.

  • A Certified Check, Money Order or Cash ($500 if under $50,000 purchase price and $1,000 for over $50,000 purchase price payable to US Dept. of HUD).  If the bid is not accepted, the check will not be used and you can deposit back.
  • A copy of a prequalification letter from your lender. The "prequal" has to cover the amount of the bid price.  Cash buyers need to provide a source of funds, i.e. bank statements.
  • A completed HUD contract with all the necessary disclosures and riders including the that the buyer has seen and personally inspected the property.

 

 

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Want to know if a home is still on the market, or if the price has changed? We can help. Simply fill out the information below and with no obligation to you we'll get back to you with your requested information. We guarantee your privacy.
 
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