I was wondering how everything went.I am a little scared we my not get it,we have put down $1000 earnest money.I know it says between dec 8th and jan 5th this doesnt mean you have to close by these dates?
2007-01-03 13:22:54 · 2 answers · asked by Samantha 1 in Business & Finance ➔ Renting & Real Estate
I didn't get any HUD's sold this year to owner occupants during that time frame. I tried to. I usually do get at least one sold to an owner occupant in the winter. I did sell one to an investor, but that doesn't qualify for the Bring Home The Holidays money.
The bid has to be won by January 5th. If you've already won the bid, and you bid as an owner occupant, then you will get the money. Your Realtor will be happy too with the$500 bonus. If you've just submitted a bid and the deadline is the 7th, then you don't qualify for it. Sorry.
2007-01-03 14:27:49 · answer #1 · answered by teran_realtor 7 · 1⤊ 1⤋
The time frames refer to when the offer is accepted by HUD.
The earnest money amount is controlled by HUD and is affected by the sales price of the house.
As long as your agent knows what they are doing, you should not have a problem.
2007-01-03 19:16:01 · answer #2 · answered by txrealestateagent 3 · 0⤊ 0⤋