Blog Post Friday, September 24, 2021 Where Can I Find the Contracts Needed For an HUD Offer? Each property on HUDHomeStore.com will contain, with the listing, the documents each Asset Manager is utilizing. Click on the Addendum tab and sa... Read More
Blog Post Thursday, September 23, 2021 Where Do I Find HUD Home Contact Information? To find HUD home contact information visit HUDHomeStore.com. There is a link to Property Contacts in the header part of the site. Click on that l... Read More
Blog Post Sunday, September 19, 2021 How Do Foreign Nationals Make Bids on HUD Homes? HUD homes may be purchased by residents of other countries (referred to as foreign nationals), provided they can secure financing or pay cash for... Read More
Blog Post Friday, September 17, 2021 How Do I Order Lead-Based Paint Inspections for FHA Buyers? For homes built prior to 1978, with owner occupants using FHA financing, a lead-based paint inspection may be requested. The steps involve orderi... Read More
Blog Post Thursday, September 16, 2021 How Much Are the HUD Contract Closing Extension Fees? If for any reason you are unable to close by the expiration date of your sales contract, you will have to file an extension form and pay a fee fo... Read More
Blog Post Wednesday, September 15, 2021 Will HUD Return Earnest Money if Defective Drywall is Found? If a purchaser has an accepted bid and completes a home inspection where Chinese/defective drywall is identified, will the buyer be able to cance... Read More
Blog Post Friday, September 10, 2021 Why Did the Seller Not Sign the Counter Offer? You may receive a Seller’s Counter Offer with no signatures. These forms are generated by the corporate/bank’s Asset Manager or the outsource... Read More
Blog Post Thursday, September 9, 2021 Will I Receive a Confirmation if My Offer Has Been Received? All offers submitted, as instructed, to WILMOTH Group (some corporate owned homes will require an on-line submittal to a third party unaffiliated... Read More
Blog Post Wednesday, September 8, 2021 Why Do I Have to Provide a Proof of Funds for Pre-Approval? Purchasing HUD homes requires making available, with your offer documentation, that the purchaser either has the funds or is approved for bank fi... Read More
Blog Post Sunday, September 5, 2021 What’s the Deal with Board of Health Fines? Local Boards of Health do not always timely file liens on properties. The title insurance only covers recorded liens. The title company will make... Read More