Successfully Selling HUD & REO Homes ~ Thursday, March 9th!

Schedule

Thu Mar 09 2023 at 12:00 pm to 02:00 pm

Location

Community Room - Mission Valley Branch Library | San Diego, CA

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LIVE Real Estate Workshop ~ NOW & Future Business!
Seating is Limited ~ Register in advance for this event ~ RSVP TODAY!!!
About this Event
Successfully Selling HUD & REO Homes ~ Thursday, March 9th!
LIVE Real Estate Workshop ~ NOW & Future Business!

Here are the details:

TIME: 12:00pm – 2:00pm (PST)

DATE: Thursday, March 9th 2022

LOCATION: Community Room - Mission Valley Library ~ 2123 Fenton Pkwy, San Diego, CA 92108


Seating is Limited ~ Register in advance for this event ~ RSVP TODAY!!!


Event Photos
What is a HUD Home?

Definition: a one-to-four unit single- family residence acquired as a result of a foreclosure on an FHA-insured mortgage

Offered for sale at fair market value, based on a recent appraisal

Vary in price, location, and condition


  • HUD Homes for sale throughout the state
  • Some are move-in ready, others are not

…Sold As Is…

Benefits of Buying HUD Homes
  • HUD will pay up to 3% of buyers closing cost (must be negotiated in contract) – Owner Occupants Only
  • If Condo or townhome, project approval is not required (only on HUD Homes) Per Mortgagee Letter ML 2016-13 which extended ML 2012-18 that replaced ML 11-22
  • ML 11-22 and the Condominium Project Approval and Processing Guide updated, clarified, consolidated and replaced ML 2009-46 B which stated HUD REO condos are exempt from project approval
  • IE finance types have option of doing an FHA standard loan with escrow repair
  • Owner Occupant priority bidding period
  • Low EMD ($500, $1,000 or $2,000)

Join us for the NEXT Real Estate Market…

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Where is it happening?

Community Room - Mission Valley Branch Library, 2123 Fenton Parkway, San Diego, United States

Event Location & Nearby Stays:

Tickets

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Weichelt Group eXp Realty

Host or Publisher Weichelt Group eXp Realty

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