The absolute BEST resource to get you started is on HUD.gov. The site to get you started can be found at this link. Start here, talk to friends, use a Real Estate Agent…but EDUCATE yourself first! Reconcile what you want with what you can afford! Find a good Lender! Most […]
Yearly Archives: 2017
During 2017, the process of purchasing HUD properties has undergone several changes for the better. It is now easier and more efficient than ever to buy HUD properties. Some of these properties are in good condition, some in poor condition but what you see is what you get! There are […]
Pasted directly from www.hudhomestore.com FAQ. To find answers to any question regarding the purchase of HUD Homes, go directly to the page here! HUD has identified five buyer types that are eligible to purchase HUD-owned homes. Certain conditions must be met to determine the eligibility of a buyer to […]
To find more information about these programs below and to search for HUD Programs near you, go to www.hudhomestore.com. Please call us at any time to discuss options on purchasing your first HUD home and come back to this blog next month for more HUD initiatives and information. DOLLAR […]
Link to this information on the FAQ page at www.hudhomestore.com can be found here! After the Asset Manager accepts a bid: • Bidding Broker/Agent gets an email notifying them that their bid has been accepted with a subject line “Selling Broker/Agent Bid Acceptance Notification”. • E-Signature checklist allows verification or […]
VRLTA and common law Differences This article is from Northern Virginia Association of Realtors (link at bottom of page). Feb 15, 2017 Adapted from: Friedlander, Virginia Practice – Landlord-Tenant Handbook pp4-13 (2014-2015 Edition) ITEM COMMON LAW VRLTA Warranty of habitability & duty of repair There is now imposed on residential […]
Buying a home is one of the most important decisions in the life of a family. For the nervous buyer, here is a few good reasons to consider purchasing a HUD Home: The offer on the property is through hudhomestore.com and not a contract sent to the seller for signature. […]
Have you ever wondered why rental applications ask for certain things? Here are some answers to FAQ’s: Q- WHY DOES MY UNEMPLOYED SPOUSE NEED TO APPLY SINCE THEY HAVE NO INCOME? A- Because rental applications aren’t solely based on income qualifications of an individual. Other factors are as equally […]
I’ve spent about 90% of my time working on REO properties over the last year. I’ve worked the full spectrum from properties that were in pristine condition to those that I couldn’t believe human beings lived in the place. Throughout the last year, I’ve had numerous questions about these properties, […]
1. Meet all assigned deadlines set by Sage Acquisitions. Missing deadlines will result in a cancelled contract. Sage deals with numerous properties throughout the entire country, must meet its own deadlines to HUD, and therefore, cannot make exceptions for individual cases most of the time. All deadlines and instructions are […]