Articles

Simple Steps to Insure your HUD Home Purchase Goes Smoothly By Sandra C Brown, Broker Dream Catcher Realty  Sevierville TN 

A) Your Realtor

1) Make sure they have a NAID Number

2) Make sure they have prior experience with HUD homes

B) Your Title Company

1) Make sure your title co is HUD approved 

C) Your Lender

1) Insure your lender does FHA, FHA 203(b) and 203(k) loans

D) Review the Home Disclosure on the HUD Homestore

E) Do NOT try to change the terms after your offer is accepted

F)  Submit  a reasonable offer. HUD does use an appraisal as an evaluation tool and knows the house value and condition.