For any homeowners out there with FHA financing who utilized the forbearance option during the COVID crisis/hardship, know that the FHA does not require a lump-sum payment once forbearance ends. The FHA does not want properties to become HUD owned homes, so they offer tools to help you repay your paused or reduced payments over […]
With few HUD-owned properties on the market right now, it’s the perfect time to research the process, ask your questions, pick an agent, and be 100% ready to go when more properties hit the market. At myPro Realty, we have the knowledge and experience to guide you through the process from start to finish, and […]
Remember that during these low inventory times, where buyers are in fierce competiton with other buyers, some of whom are probably investors, a HUD-owned property in its exclusive listing period might be just the thing that helps your buyer get into a house.
In today’s podcast, we focus on two quick messages – first, a reminder that HUD-owned properties typically have a 15-day exclusive listing period, where owner-occupants don’t have to compete with investors; and second, that this slow time of the year is a great time for you agents out there to learn more about the HUD […]