Blog Post Wednesday, September 29, 2021 What is the HUD $100 Down Payment Program? There are two different $100 down payment programs that buyers might be able to take utilize: Good Neighbor Next Door First is the Good Neigh... Read More
Blog Post Tuesday, September 28, 2021 Why Does My HUD Sales Contract Show TBD in Escrow Amount? HUD mortgagee letter 2015-17 allows the responsibility of determining escrow amounts solely to the loan underwriters. Going forward, disclosures ... Read More
Blog Post Sunday, September 26, 2021 Why Can’t I Find My Property on HUDHomestore.com? When the property does not appear on HUDHomeStore.com when entering the case number, and it still shows active on the MLS/BLC or at wilmothgroup.... Read More
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