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What Kind Of Buyer Are You?

Two Kinds Of Buyers
 
If you are looking for a HUD home to live in you are what is classified as an Owner Occupant.
 
If you are looking to purchase a HUD home to fix and sell or as a rental you are classified as an Investor.

Special Programs
 
In addition to Owner Occupants and Investors there are special progams designed to assist Law Inforcement Officers and Teachers purchase HUD homes in specific neighborhoods.
To encourage Teachers and Law Inforcement officers to live in these neighborhoods HUD offers a limited number of homes at a 50% discount from the listed price. For specific details please call or email us.

Owner Occupants Get First Chance
 
When HUD homes are put on the market Owner Occupants are the only buyers allowed to make bids.  The first ten days a property is on the market bidding is  reserved for Owner Occupants. All bids are opened on the 11th day and if a bid is accepted the buyers agent is notified.
 
After bids are opened on the 11th day, if there is not an acceptable bid, investors may bid and bids are opened on a daily basis.

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