Successfully Selling HUD Homes Seminar
February 15, 2024
It is vital that agents have the proper training when selling HUD Homes. From understanding the listing, placing the bid and getting the deal to closing. Our group of local listing brokers are holding a informational seminar on Successfully Selling HUD Homes for local agents on March 7, 2024 from 9:30 -12:30 at NOCBOR - 4400 W ...
BIDEN-HARRIS ADMINISTRATION’S PAVE TASK FORCE ANNOUNCES NEW ACTIONS TO ADDRESS APPRAISAL BIAS
June 06, 2023
HUD No. 23-107HUD Public Affairs(202) 708-0685FOR RELEASEThursdayJune 1, 2023WASHINGTON - Today, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), co-chaired by U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge and White House Domestic Policy Advisor Neera Tanden, announced a set of meaningful actions to deliver on the PAVE Action Plan and ...
In Case You Missed It: Forbes Magazine Highlights the Four Women Leading HUD, the FHA, Ginnie Mae, and FHFA
May 05, 2023
HUD No. 23-090HUD Public Affairs(202) 708-0685FOR RELEASEWednesdayMay 3, 2023Last week, Forbes Magazine highlighted that for the first time in history, four women are at the mantle of the U.S. Department of Housing and Urban Development (HUD), Federal Housing Administration (FHA), Ginnie Mae, and Federal Housing Finance Agency (FHFA).In their Cover Story, linked and pasted below, the leading ...
HUD Commemorates National Fair Housing Month 2023 and the 55th Anniversary of the Signing of the Fair Housing Act
April 07, 2023
HUD No. 23-069HUD Public Affairs(202) 708-0685FOR RELEASEMondayApril 3, 2023WASHINGTON - Today, the U.S. Department of Housing and Urban Development (HUD) kicked off Fair Housing Month 2023, commemorating 55 years since the Fair Housing Act was signed into law. This year’s Fair Housing Month theme, Choices for All Voices: Building an Equitable Future, underscores the Biden-Harris Administration’...
HUD AWARDS $5.6 BILLION IN ANNUAL GRANTS FOR AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT, AND HOMELESS ASSISTANCE
March 16, 2023
HUD No. 23-045HUD Public Affairs(202) 708-0685 Funding will go to 1,200 communities through 2,400 grants to support the needs of families and individualsWASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today announced $5.6 billion in funding will go to 1,200 communities through more than 2,400 grants to States, urban counties, ...
FEDERAL HOUSING ADMINISTRATION ANNUAL REPORT SHOWCASES CONTINUED LEADERSHIP IN AFFORDABLE HOME FINANCING AND STRENGTH OF THE MUTUAL MORTGAGE INSURANCE FUND
November 18, 2022
HUD No. 22-235HUD Public Affairs(202) 708-0685FOR RELEASETuesdayNovember 15, 2022 Annual report to Congress highlights FHA’s leading role in supporting affordable home financing for first-time homebuyers and borrowers of color, providing assistance to struggling homeowners, and addressing housing supply and affordability.WASHINGTON – The Federal Housing Administration (FHA) today released its Annual Report to Congress on the financial status ...
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 ...
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 ...
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 ...
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). ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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. ...
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 ...
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 ...
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 ...
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 ...
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, ...
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, ...
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 "...
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 ...
