Comments on: Winning the Bid on a HUD Home

By: Paula

Paula — Sun, 22 Nov 2009 15:02:59 +0000

Joshua – You are so right! Contingencies muddy the proverbial waters of the real estate transaction.

By: Paula

Paula — Sun, 22 Nov 2009 15:01:12 +0000

Ashlee and Kim – The HUD process here in Indianapolis is very quick. Once we submit an offer, we receive verification the next day whether HUD accepted our offer or not. The last one I closed took exactly 22 days from offer to close.

By: Printable Eviction Notice

Printable Eviction Notice — Tue, 03 Nov 2009 19:20:04 +0000

Loosing the bid by $250 must have been a heart breaker. Good luck with your other clients.

By: Joshua Dorkin @ BiggerPockets

Joshua Dorkin @ BiggerPockets — Mon, 02 Nov 2009 19:45:21 +0000

In the current housing environment, your bids on properties need to be as clean as possible with as few contingencies as possibly, particularly when you’re talking about HUD properties and bank REOs. Congrats on the accepted offer, Paula.

By: Kim

Kim — Mon, 02 Nov 2009 17:50:42 +0000

I wonder why it takes so long to receive confirmation if your offer has been accepted. You would think they would be faster to unload the home!

By: Ashlee

Ashlee — Sat, 31 Oct 2009 03:24:06 +0000

Gotta love HUD! It has taken as many as 3 months to receive a confirmation from HUD before. By that time we have already found another house!