K.M. Minemier & Associates is a certified Woman Owned Small Business (WOSB) engaged in full service real estate asset management and marketing.

Articles on HUD

HUD ANNOUNCES $2.6 BILLION IN AWARDS TO HELP PEOPLE EXPERIENCING HOMELESSNESS

March 17, 2022

HUD No. 22-040HUD Public Affairs(202) 708-0685FOR RELEASEMondayMarch 14, 2022 HUD ANNOUNCES $2.6 BILLION IN AWARDS TO HELP PEOPLE EXPERIENCING HOMELESSNESSThe awards include approximately 7,000 renewed and new grants that will promote a community-wide commitment to the goal of ending homelessness.WASHINGTON, D.C. - The U.S. Department of Housing and Urban Development (HUD) today announced over ...

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HUD Applauds Actions to Ensure that the Maintenance and Marketing of Real Estate Owned Portfolio Aligns with Fair Housing and Civil Rights Requirements

February 15, 2022

HUD No. 22-024HUD Public Affairs(202) 708-0685FOR RELEASEWednesdayFebruary 9, 2022HUD Applauds Actions to Ensure that the Maintenance and Marketing of Real Estate Owned Portfolio Aligns with Fair Housing and Civil Rights RequirementsWASHINGTON - The U.S. Department of Housing and Urban Development (HUD) on Wednesday applauded the recent settlements between Fannie Mae, the National Fair Housing Alliance, and local fair ...

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HHS AND HUD ANNOUNCE EXPANDED PARTNERSHIP, NEW HOUSING AND SERVICES RESOURCE CENTER

December 13, 2021

Partnership will improve access to affordable, accessible housing and supportive services HUD No. 21-201HUD Public AffairsFOR RELEASEWednesdayDecember 8, 2021 Today, the U.S. Department of Health and Human Services (HHS) and the U.S. Department of Housing and Urban Development (HUD) announced the expansion of a partnership established earlier this year to improve access to affordable, accessible housing and ...

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HUD AWARDS $36 MILLION TO BOOST LOCAL ECONOMIC DEVELOPMENT AND AFFORDABLE HOUSING PROGRAMS

November 11, 2021

HUD No. 21-184HUD Public Affairs(202) 708-0685FOR RELEASETuesdayNovember 9, 2021 WASHINGTON - More than 250 communities across the country will be able to increase the economic impact of their local community development and affordable housing programs for low- and moderate-income persons through $36 million in "capacity-building" grants awarded by the U.S. Department of Housing and Urban Development (HUD). ...

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Available HUD Home In Bloomfield Twp. MI

October 14, 2021

HUD Home. Cozy brick ranch nestled on a great lot featuring a nice size eat in kitchen with plenty of cabinet space. A great family room with a natural wood burning fireplace and sliding door to the patio area overlooking the back yard. Master bedroom with full bath, attached garage and much more. With 3 bedrooms,  2 full ...

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HUD TO ISSUE RULE PROTECTING TENANTS FACING EVICTIONS FOR NON-PAYMENT OF RENT IN HUD-ASSISTED PROPERTIES

October 07, 2021

HUD No. 21-167HUD Public Affairs(202) 708-0685FOR RELEASEWednesdayOctober 6, 2021WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced that it will publish a rule that prohibits the eviction of tenants facing eviction for nonpayment of rent from HUD-subsidized public housing and certain properties with project-based rental assistance without providing a 30-day notice period that ...

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How are Charlotte HUD Homes Sold?

June 12, 2021

Post by: Nancy Braun, Showcase Realty HUD homes are sold based on fair market value, which attracts both owner-occupants and investors alike. These properties are perfect for buyers who wish to move or invest in Charlotte NC.  Through HUD, homebuyers have access to quality housing options but with affordable mortgages. Investors, on the other hand, can ...

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Why are HUD Homes Good Investment Options?

January 09, 2021

Post by: Nancy Braun, Showcase RealtyWhy are HUD Homes Good Investment Options?Everyone wants the best deal possible when it comes to investment. That makes it easy to see why a lot of property buyers invest in HUD homes. These foreclosed homes offer a lot of unique benefits, especially for first-time investors.Here are some reasons why HUD ...

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Can You Negotiate HUD Home Price?

February 08, 2020

Post by: Nancy Braun, Showcase Realty If you’re thinking of purchasing a home and would like to get a good deal, you may want to consider buying a Charlotte HUD home. HUD homes are homes owned by the U.S. Department of Housing and Urban Development, and they are usually offered for sale at affordable prices.When ...

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FACING FALSE FEARS OF THE HUD ASSET IN NEED OF REPAIRS

September 30, 2019

Many buyers shy away from properties that need repairs. Uneduacted agents do not assit the buyer populations in this matter either.   When purchasing an asset from HUD there are many benefits to an FHA buyer.  One of the best valued benefit is allowance of up to $10,000 in repairs. These repairs can be escrowed into ...

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Adapting Terry Watson’s “Three Sheets” for the HUD Sales Process by Tony Smith, Wanda Smith & Associates

August 15, 2018

In last month’s blog post, I talked about the great Terry Watson’s “Three Sheets” for a real estate transaction. The sheets are a wonderful tool for agents to communicate with buyers and sellers and convey things we, as agents, already know and take as a given, that our buyers and sellers might not know or understand. ...

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WHY, WHEN, AND HOW DID HUD BEGIN?

August 01, 2018

Why, When, and How Did HUD Begin?Here is a short 5 minute video from 2016 – at the time of the 50th Anniversary of The Department of Housing and Urban Development.   An interesting look at the need identified, the vision and the implementation.This link is take from HUD’s official YouTube Channel.   Copy ...

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NAID Recertification/SAMS-1111 Changes by Tony Smith, Wanda Smith & Associates

June 14, 2018

Almost everybody has done it. And if you’re not one of the broker’s who has done it, you’re probably one of the brokers who came awfully close. I’m talking about letting your NAID certification lapse.OOPS!It happens.  I think as an industry we’ve gotten so used to reminders and notifications, when we ...

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Insurable, Insurable w/Escrow, Uninsurable...What's the Difference?

May 16, 2018

Recently I was teaching our Continuing Education course, Keys to Selling HUD Homes, when a student asked me about the term "Uninsurable" in relation to a HUD home they had seen on hudhomestore.com. They wanted to know if that meant the buyer would be unable to get homeowner's insurance on their new home. Of course the ...

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Understanding the Good Neighbor Next Door Lottery

April 13, 2018

When most of us hear the word “Lottery,” we start mentally spending the $100 million dollars we’ll get if we win. Though, not going to lie, I still have the occasional disturbing dream leftover from reading Shirley Jackson’s short story, “The Lottery” when I was a junior in high school decades ago. The Hunger ...

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Marketing HUD Homes for Your Business Even When You're Not the LLB!

March 15, 2018

Being a HUD Local Listing Broker is both a privilege and an honor; it's something that a lot of real estate agents aspire to, but unfortunately, because of limited inventory not everyone can be a HUD LLB. That's the bad news.  Here's the good news: Even if you are not a HUD Local Listing Broker, ...

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Marketing HUD Homes for Your Business Even When You're Not the LLB!

March 15, 2018

Being a HUD Local Listing Broker is both a privilege and an honor; it's something that a lot of real estate agents aspire to, but unfortunately, because of limited inventory not everyone can be a HUD LLB. That's the bad news.  Here's the good news: Even if you are not a HUD Local Listing Broker, ...

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What Is A HUD Home and Can I Buy One?

March 05, 2018

 Post By: Nancy Braun, ShowcaseRealty.net HUD homes - the backstory  You may have heard that HUD homes are a good deal if you are looking into buying a home. But what is a HUD home and why is it available at such a bargain cost?The Department of Housing and Urban Development (HUD) defines a "...

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Home Ownership Opportunities Workshop Hosted By Showcase Realty, A Huge Success

December 19, 2017

Hosted at the Showcase Realty offices at South Mint Street in Charlotte, NC, our Home Ownership Opportunities Workshop on December 14, 2017 was almost house full with eager home buyers and investors interested in learning about the overall homebuying process, as well as the merits of buying a HUD home.  Nancy Braun, Showcase Realty's Owner and ...

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10 Tips for Buyers and Sellers

December 15, 2017

In this blog,  I wanted to give 10 tips that can be used to help the buying and selling process. For Sellers1.  Clear Clutter- Tackle one room at a time. Separate into keep, donate, toss2.  Get Packing - Start packing the things you want to keep but won't use for a while3.  Research ...

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3 tips for buyers during a home inspection

November 08, 2017

One of the most stressful parts of buying a home is the home inspection. Getting the most value from a home inspection is crucial, especially since any missed item can cause a significant amount of trouble a few years or decades down the road. With that in mind, let’s take a look at a few tips on how ...

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Avoiding Foreclosure

November 03, 2017

There are a number of programs to assist homeowners who are at risk of foreclosure and otherwise struggling with their monthly mortgage payments. The majority of these programs are administered through the U.S. Treasury Department and HUD. This page provides a summary of these various programs. Please continue reading in order to determine which program can best assist ...

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e-Signature Coming to a HUD Sales Contract Near You!

April 27, 2017

Effective May 1, 2017, HUD is allowing e-signatures as a method of sales contract execution.It's here!  e-Signature, it's here!  We understand for most real estate professionals you've probably been using an e-signature tool for years and this doesn't really sound all that exciting, but for those of us in the HUD-owned world, ...

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Region 6A HUD Asset Management Operations to Transition to KMM

April 24, 2017

IMPORTANT ANNOUNCEMENTTENNESSEE, ALABAMA & MISSISSIPPI - REGION 6ATo all HUD Registered Brokers/Agents and FHA Roster Appraisers -The 3.7 Asset Management of HUD-owned homes located in Tennessee, Alabama and Mississippi (6A Region) will be aligned to K.M. Minemier & Associates (KMM) transition beginning June 1, 2017.   To prepare for the upcoming alignment, KMM will be issuing ...

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Name That Tune!

April 17, 2017

The title of this blog post probably gives away my age...okay, definitely gives away my age. But some of you may remember the game show Name That Tune!, where contestants, competed to "name that tune" in as few notes as possible.If we were to play a version of that game today, how many words would it ...

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