Image via WikipediaHave no fear bidding on HUD homes! While it takes an extra effort and constant education - winning a bid on HUD home in Denton county might be the best deal you can find in this real estate market! Follow these steps to make sure the process is as smooth as possible:1. Enlist experienced and willing to go extra mile HUD home selling agent.
2. Preview HUD home and take notes and photos of condition.
3. Read escrow estimates if any, condition report and study the market in the subdivision.
4. Place a bid - going too low will cause HUD to cancel your bid. Getting in their "zone" will cause them to counter.
5. Follow their rules and checklist exactly as they say to submit an offer, earnest money and addenda.
6. Have your agent stay on track with inspections, deadlines and additional paperwork required for closing.
Close!
Congratulation! You are now an owner of a HUD property.
No comments:
Post a Comment