Summer House Realty
HUD homes for sale are the most sought after investment a home buyer or investor can find. When HUD housing is first put up for bid, only bidders who will live in the home can bid on it. In the listing of homes, you’ll see the designation Owner Occupant,” which indicates that the home is open for bids only by those who will occupy the property.
Whether you are looking for HUD homes for sale to add investment properties to your investment portfolio or looking for a home for your family, HUD will arrange to have a contractor present while you are viewing the property to give you an estimation of what needs to be done to get the property in functioning condition.
As such, HUD requires bidders who submit offers on the property during the first offering to sign a statement that they have not bought another HUD home …