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Video Table of Contents
0:02 Intro
0:18 Contents of this video 1:19 Additional sources of info 3:40 "Hud home" defined 3:55 Overview & tips 7:00 New changes of the HUD home selling process 10:00 What I go over with my client: the selling process in detail 17:27 Title insurance request form 21:41 HUD website: before you place a bid & important info 31:42 HUD website: placing a bid 33:54 HUD website: Reviewing bid results & withdrawing a bid 35:31 Filling out the contracts |
Despite our best efforts, we are not perfect. A few errors in the video are corrected with the info below:
- The minimum commission only applies to select properties deemed "hard to sell". These properties are identified by an icon in the "status" column (see the pic). - There are no longer any HUD Designated Closing Agents - your buyer may choose his or her title company. - The number of days an investor must wait for homes to be available to them has been reduced from 30 to 15 days. - The list price is no longer guaranteed to be the appraisal price. - You can no longer request the FHA Appraisal from HUD. |
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