General Bidding procedures for HUD Foreclosures
1) You will need a pre-approval letter from a Mortgage lender.
2) A cashier’s check payable to HUD, $ 1,000.00 for 50K and up and $ 500.00.
49,999.99 and less.
3) If you are bidding for investment purposes please let me know. Most initial
Listings are owner occupant only. After 30 days on market it usually opens to all bidders.
4) Bids have to come from Registered Licensed Real Estate Agents ONLY.
5) Go to www.hudhomestore.com for information on a particular home including bid deadlines
and loan eligibilities (FHA,Convential,etc…).
Contact information to summit offers:
Chris Murray, ABR
210-488-8064
Realtor4u@gvtc.com
www.chrismurrayrealtor.com
www.chrismurrayrealtor.blogspot.com
21803 Encino Commons, Suite 103
San Antonio, Texas 78259
1) You will need a pre-approval letter from a Mortgage lender.
2) A cashier’s check payable to HUD, $ 1,000.00 for 50K and up and $ 500.00.
49,999.99 and less.
3) If you are bidding for investment purposes please let me know. Most initial
Listings are owner occupant only. After 30 days on market it usually opens to all bidders.
4) Bids have to come from Registered Licensed Real Estate Agents ONLY.
5) Go to www.hudhomestore.com for information on a particular home including bid deadlines
and loan eligibilities (FHA,Convential,etc…).
Contact information to summit offers:
Chris Murray, ABR
210-488-8064
Realtor4u@gvtc.com
www.chrismurrayrealtor.com
www.chrismurrayrealtor.blogspot.com
21803 Encino Commons, Suite 103
San Antonio, Texas 78259
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