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Blog Post Will the Seller Pay For Any Repairs?

Will the Seller Pay For Any Repairs?

Please understand that a property being sold as-is means the seller will not be making repairs. If the corporate owner has rehabilitate...
Blog Post What Happens if There are Multiple Offers For a Property?

What Happens if There are Multiple Offers For a Property?

With HUD homes all bidding is coordinated through HUD and notices will usually come from HUD or an Asset Manager providing the opportunity to reb...
Blog Post What Closing Costs Will HUD Pay?

What Closing Costs Will HUD Pay?

When preparing line 5 of the Sales Contract, you will be able to request up to 3% of the bid amount for closing costs over and above those to be ...
Blog Post How Do I Set Up a HUD Home Inspection?

How Do I Set Up a HUD Home Inspection?

Purchases of HUD homes require a different process for inspections. The listing agent is not involved in setting these inspections up. If you n...
Blog Post How to Get HUD Homes De-Winterized to Complete Inspections?

How to Get HUD Homes De-Winterized to Complete Inspections?

In areas where winterization is required, all homes will not be able to complete a home inspection without a de-winterization being completed. It...
Blog Post What Are Non-Profit HUD Discount Homes?

What Are Non-Profit HUD Discount Homes?

If you are considering purchasing a HUD home, or if you are a Realtor representing a buyer of any kind, you need to know about the special HUD pr...
Blog Post How Long Before Owner-Occupied HUD Home Can Deed to Another?

How Long Before Owner-Occupied HUD Home Can Deed to Another?

HUD’s owner-occupant buyer type requires buyers to live in the home for 12 months. The buyer will be required to sign, along with selling agent...
Blog Post How Much Earnest Money (EMD) Must be Submitted?

How Much Earnest Money (EMD) Must be Submitted?

In general, the earnest money deposit (EMD) is negotiable. In the case of HUD homes there are set rules. The HUD rules are actually fairly good g...
Blog Post How WILMOTH Improves Your ROI – Cash Flow Maintenance

How WILMOTH Improves Your ROI – Cash Flow Maintenance

When you’re looking for property management in Indianapolis, there are many possible objectives. One of the most important reasons to hire a pr...
Blog Post What Do the IN/IE/UI Financing Codes Mean on HUDHomeStore?

What Do the IN/IE/UI Financing Codes Mean on HUDHomeStore?

These three codes are offered to help provide information to allow a sellers agent or buyer to assess the type of financing available for a liste...
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