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On, HUD Homes, they on occasion have a bidding period. They will not respond to any offer until the bidding period has passed. Also, there may be a period where they are only accepting Owner Occupied offers.Normally, Days 0-7 are for govenment entities and non-profit organizations.Days 7-21, are Owner Occupied OffersDay 22+, all offers are considered.These are the nomal time frames, HUD at it's discretion, may modify these standards on a property by property basis.Hope this is helpful to you. Work with a HUD trained buyers agent, they can fill you in with the details of the entire process.
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For Sale: $440,000
For Sale: $222,500
For Sale: $195,000