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****Attention 5P agents: Effective immediately, all properties that are currently pending contract execution with a purchase price of 250K or higher will require an EMD amount of $2,000. This requirement is only for contract areas 1D, 7A and 5P. All other EMD requirements will remain the same.****
Region 1P, 4P and 5P areas include:
1P – Michigan
4P – Ohio
5P – Delaware, Maryland, Pennsylvania, Virginia, Washington DC and West Virginia
UPDATED “Introducing E-Signatures on HUD Contracts”
HUD Contract Area 3P – Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont – is now serviced by BLB Resources. Please engage BLB Resources in any communication regarding new HUD Contracts, Transactions and Transition Properties. For more information, please visit their website www.blbresources.com.