BUYING PROCESS FOR A HUD HOME
This is a brief overview of the HUD buying process. Please review other information available at www.HUDHomeStore.com.
There are a few things you need to know up front about buying a HUD home, since the procedures may be different than those used in buying other types of homes. HUD however, has made the procedure as efficient and convenient as possible. Here are some things you should know:
BUYING A HUD HOME
• Anyone can buy a HUD home, search HUD Homes at www.hudhomestore.com
• Owner Occupant Bidders.
• HUD homes are sold at market value
• HUD homes are sold "As Is"
• Deadlines must be met
MAKING AN OFFER ON A HUD HOME
• Offers must be made through a HUD registered broker
• How to find a HUD home
• Offers must be submitted through an electronic bidding process
• Initial Listing Period – Owner Occupants only for the first 10 calendar days.
• Owner Occupant Priority Period.
• General Public Bid Period.
• Contract must be submitted within 48 hours
CLOSING ON A HUD HOME
• Closings are 45 days for Alaska, Idaho, Oregon and Washington, South Carolina, North Carolina, Virginia and West Virginia.
• HUD will pay some closing and sales commission costs
• Return of Earnest Money
Contact Leigh Anne Losh today to get started on your HUD Home Search.
540-949-HELP ( 4357) lalosh@helpusell.com
 631 Baptist Street, Staunton Va 24401
Fully fenced yard! This home offers convenience to downtown, shopping and dining districts as well as Mary Baldwin College. With a little TLC, this home could shine! This is a HUD owned property. Case #541-651681. All HUD Homes are sold "As-Is" "Where-Is". For more information see www.HUDHomestore.com.
 437 Port Republic, Waynesboro VA 22980
Efficient living at it best! This 2 bed 1 bath cottage is the perfect space offering eat-in kitchen, living room, covered deck on the rear, and off street parking. Extra deep lot extends 167 ft. off Port Republic Road! HUD Homes are sold "AS-IS" "Where-Is" condition. Case #541-726722. For more information see www.HUDHomestore.com.
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