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PEMCO MAKES ERROR<REVISED>: Laundry list of excellent pemco

12/30/2010

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ACTUAL HUD POLICY... FROM THE HORSES MOUTH!

12/30/2010

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... I think i just called HUD a horse.
Actual HUD policy... not the interpreted mumbo jumbo from people that have no experience. This is the real deal:
http://www.access.gpo.gov/cgi-bin/cfrassemble.cgi?title=201024

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Laudry list of excellent info from Pemco

12/30/2010

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-bid deadline on hudhomestore does not reflect when offers will be reviewed and awarded. Awards may take place prior to bid deadline. this deadline is for exclusive owner offupant period only.
-after submitting bid, print PCR, repair escrow sheet and LBP addendum. These items will not be available on hudhomestore.com after the bid is awarded.
-visit hudpemco.com to print sales contracts
-make earnest payable to HUD (only)
-must mail contracts to: Pemco ltd, 4500 cherry creek dr south #410, Glendale CO 80246 within 48hrs

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HUD changes to make earnest out to ONLY: "HUD"

12/30/2010

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  • Earnest money guidelines: Certified funds should be made payable to HUD only!  This will conflict with the earnest money guidelines Addendum in the contract package.  Please follow the recent changes.
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A.M. Informant exposes hardship with new system

12/23/2010

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New addresses and phone numbers for AM\\\'s

12/1/2010

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PEMCO LTD: Cherry Creek Corporate Center
4500 Cherry Creek Dr. Suite 410, Glendale, CO 80246
303-300-1400

Matt Martin: 2801 Network Blvd, Ste 500, Frisco, TX 75034
972-755-3731

HomeTelos:
14651 Dallas Parkway, Suite 414, Dallas, TX 75254
972-233-5559


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deals transfer to new AM on Friday Dec 10

12/1/2010

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Dear Real Estate Professional,

 

The purpose of this email notification is to advise you that properties under contract should be scheduled to close with the assigned HUD Closing Agent on or before Friday, December 10. 

 

Properties not closed by Friday, December 10 will transition to one of HUD’s new AM contractors to close.

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Pemco seminar and hudguru synopsis

12/1/2010

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I will move these items to this section at a later time. For now they are posted here: Pemco HUD power point presentation
and here: HUDguru synopsis
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