by denverhudhomes_mm80sv | Sep 16, 2026 | Hud Learning Center, Real estate
You do not write a check to your agent on a HUD home. HUD pays the buyer’s broker from the proceeds of the sale, up to 3% of the price, if your agent puts it on the bid. It is one of the two numbers that turn your price into HUD’s net, and understanding it...
by denverhudhomes_mm80sv | Sep 16, 2026 | Hud Learning Center, Real estate
Earnest money on a HUD home is smaller and stricter than on a normal Colorado purchase. Smaller because the amount is fixed. Stricter because the delivery window and the refund rules are written by HUD and applied by a stranger. The amount Sales price $50,000 or less:...
by denverhudhomes_mm80sv | Sep 15, 2026 | Hud Learning Center, Real estate
“Foreclosure” covers three different purchases. Which one you are in decides who you negotiate with, how long it takes, and whether a first-time buyer has a real shot. The three, in one table HUD homeBank-owned (REO)Short sale Who owns itThe U.S....
by denverhudhomes_mm80sv | Sep 15, 2026 | Hud Learning Center, Real estate
Plenty of HUD buyers have a bankruptcy or a foreclosure behind them. That is fine with HUD; HUD sells to anyone whose lender will close. The question is which lender, and how long since the event. The waiting periods EventFHAVAConventional (Fannie/Freddie) Chapter 7...
by denverhudhomes_mm80sv | Sep 14, 2026 | Hud Learning Center, Real estate
The list price on a HUD home is not a guess. HUD ordered an FHA appraisal before it listed the house, and the price is that appraisal, or a reduction from it after time on market. That appraisal follows the house, and for FHA buyers it is the one their lender uses....
by denverhudhomes_mm80sv | Sep 14, 2026 | Hud Learning Center, Real estate
Cash is simpler on a HUD home, but not more powerful. HUD is not a nervous seller who takes less for certainty. It takes the highest net. Here is what cash changes and what it does not. What cash changes Proof of funds goes in with the bid. A bank or brokerage...
