HUD announced they are bringing back the $100 down program for a limited time in Colorado, New Mexico, Utah, and North Texas (1D Denver HOC). The program was originally limited to running from 6/01/2018 through 7/31/2018. As of 6/29/2018, the program will be available to these state through 7/31/2018. The $100 down program is only … Continue reading $100 Down Program Back for a Limited Time for Denver HOC – UPDATED 6.29.2018
To Selling Agents, an update has been made to the documents required for HUD contract E-signatures. Effective January 1, the Selling Agent is required to obtain and upload a copy of the Title Companies (BSCA) license and Closing Protection Letter. This is similar to how the EMD, Pre-Approval Lender letter or Broker Authorized signer letter … Continue reading There’s an Important Change to the HUD E-Signature Process
Photo credit: Home Water Softener Reviews Whether a HUD home is listed as Insured (I), Insured with Escrow Repairs (IE) or Uninsured (UI), they all have one thing in common: they are sold as-is. This means that HUD doesn’t warrant the condition of its properties and will not pay for repairs or defects … Continue reading HUD’s As-Is Policy and How to Fund Repairs
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.