Blog Post Monday, August 23, 2021 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... Read More
Blog Post Friday, August 20, 2021 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... Read More
Blog Post Thursday, August 19, 2021 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 ... Read More
Blog Post Wednesday, August 18, 2021 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... Read More
Blog Post Monday, August 16, 2021 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... Read More
Blog Post Sunday, August 15, 2021 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... Read More
Blog Post Saturday, August 14, 2021 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... Read More
Blog Post Friday, August 13, 2021 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... Read More
Blog Post Thursday, August 12, 2021 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... Read More
Blog Post Wednesday, August 11, 2021 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... Read More