Comments on: 4 Tips for Buying a HUD Home http://blog.equifax.com/real-estate/4-tips-for-buying-a-hud-home/ Fri, 24 May 2013 13:11:28 +0000 hourly 1 http://wordpress.org/?v=3.5 By: EFX Moderator, EM http://blog.equifax.com/real-estate/4-tips-for-buying-a-hud-home/#comment-15457 EFX Moderator, EM Fri, 08 Feb 2013 18:15:45 +0000 http://ec2-50-19-98-117.compute-1.amazonaws.com/real-estate/4-tips-for-buying-a-hud-home/#comment-15457 Floyd, thank you. That’s great to hear. Good luck on your move!

]]> By: Floyd http://blog.equifax.com/real-estate/4-tips-for-buying-a-hud-home/#comment-15311 Floyd Wed, 06 Feb 2013 02:51:39 +0000 http://ec2-50-19-98-117.compute-1.amazonaws.com/real-estate/4-tips-for-buying-a-hud-home/#comment-15311 WOW, I live in South Carolina and plan on relocating to Texas in the near future. This article was full of information that I didn’t know but need so that I can keep my options open for my future home purchase. Thank you so much for sharing your knowledge.

]]> By: Germaine http://blog.equifax.com/real-estate/4-tips-for-buying-a-hud-home/#comment-14319 Germaine Sat, 01 Dec 2012 07:48:30 +0000 http://ec2-50-19-98-117.compute-1.amazonaws.com/real-estate/4-tips-for-buying-a-hud-home/#comment-14319 Do you get a “CLEAN” TITLE when you purchase a HUD Home? Or do you have to pay for any LIENS, and over due HOA fees that are due or the property.
Thank

]]> By: Shawn http://blog.equifax.com/real-estate/4-tips-for-buying-a-hud-home/#comment-5906 Shawn Fri, 30 Mar 2012 21:21:26 +0000 http://ec2-50-19-98-117.compute-1.amazonaws.com/real-estate/4-tips-for-buying-a-hud-home/#comment-5906 I just bought one. Or am in the process. The location was ideal so I bid 1k over their asking price which I was told is typically 30% off its suggested value. My agent has that used car salesman vibe but similar units in the complex are about 30% more. I placed my bid during the 10 day sealed bidding period and heard nothing after 10 days so I assumed I had lost. Then a month later the agent came back to me saying my bid was a backup bid and won. Now I’m scrambling to get the financing done.

]]> By: Étienne http://blog.equifax.com/real-estate/4-tips-for-buying-a-hud-home/#comment-276 Étienne Thu, 16 Jun 2011 09:08:33 +0000 http://ec2-50-19-98-117.compute-1.amazonaws.com/real-estate/4-tips-for-buying-a-hud-home/#comment-276 This is the wonderful article, And i agree with you, Buying a HUD home is different from buying another type of foreclosed property. For starters, HUD homes are sold exclusively online in an auction process known as an “offer period.Only real estate agents who are registered with HUD may represent home buyers and investors in the purchase of HUD homes online. And these all the great tips.
Lake Placid Real Estate

]]> By: Ilyce Glink http://blog.equifax.com/real-estate/4-tips-for-buying-a-hud-home/#comment-275 Ilyce Glink Tue, 09 Nov 2010 23:05:38 +0000 http://ec2-50-19-98-117.compute-1.amazonaws.com/real-estate/4-tips-for-buying-a-hud-home/#comment-275 @Katie:

HUD Homes can be quite inexpensive. But there are other benefits of buying them, including getting a full inspection report before you even place your bid. Be very careful to work with someone who really knows what they're doing. You'll need an agent who is able to handle the bidding process for you. Good luck.

]]> By: Editor, Equifax Personal Finance Blog http://blog.equifax.com/real-estate/4-tips-for-buying-a-hud-home/#comment-274 Editor, Equifax Personal Finance Blog Tue, 02 Nov 2010 16:28:29 +0000 http://ec2-50-19-98-117.compute-1.amazonaws.com/real-estate/4-tips-for-buying-a-hud-home/#comment-274 Comment from Jose via ActiveRain:

Ilyce, it is my understanding that not all "FHA foreclosures" end up becoming a HUD home. I believe each bank that issued the mortgage with FHA insurance has the ultimate decision if they are going to submit a claim to FHA. This is the reason why there are not that many HUD homes available.

Thank you for posting this information. It was a good summary.

http://activerain.com/blogsview/1940836/4-tips-for-buying-a-hud-home

]]> By: Editor, Equifax Personal Finance Blog http://blog.equifax.com/real-estate/4-tips-for-buying-a-hud-home/#comment-273 Editor, Equifax Personal Finance Blog Tue, 02 Nov 2010 16:28:02 +0000 http://ec2-50-19-98-117.compute-1.amazonaws.com/real-estate/4-tips-for-buying-a-hud-home/#comment-273 Comment from Lynn via ActiveRain:

Ilyce, good information. Seems there is more and more HUD homes coming on the market.

http://activerain.com/blogsview/1940836/4-tips-for-buying-a-hud-home

]]> By: Editor, Equifax Personal Finance Blog http://blog.equifax.com/real-estate/4-tips-for-buying-a-hud-home/#comment-272 Editor, Equifax Personal Finance Blog Tue, 02 Nov 2010 16:27:30 +0000 http://ec2-50-19-98-117.compute-1.amazonaws.com/real-estate/4-tips-for-buying-a-hud-home/#comment-272 Greg Freeman via ActiveRain:

Great post. thanks for sharing. HUDs have been good for me.

http://activerain.com/blogsview/1940836/4-tips-for-buying-a-hud-home

]]> By: Katie http://blog.equifax.com/real-estate/4-tips-for-buying-a-hud-home/#comment-271 Katie Tue, 02 Nov 2010 15:06:30 +0000 http://ec2-50-19-98-117.compute-1.amazonaws.com/real-estate/4-tips-for-buying-a-hud-home/#comment-271 Are HUD homes typically cheaper?

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