Home Buying in Philadelphia>Question Details

Trisha Willi…, Home Buyer in Philadelphia, PA

I'm interested in buying a hud home that is listed for $10,000. I have that amount in cash, but I'm wondering what additional fees I would

Asked by Trisha Williams, Philadelphia, PA Sun Mar 3, 2013

have to pay What are closing costs usually on a Hud Home? The property is marked as exclusive, what does that mean? Are there any other fees I should be aware of?

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Answers

5
Keith Chennault’s answer
Yes, it will more than $10000.00
if it is about he HUD property in the northeast for 10k on Adams please feel free to call me

Keith Chennault
Realty Mark Cityscape
1515 Market St Suite 705
Philadelphia PA 19102 USA
(215) 583-7777 ext 19
1 vote Thank Flag Link Sun Mar 3, 2013
A bunch of people of wondering about the HUD home. It depends on who is listing it. Some places have a technology fee, some don't. If you are paying cash then you don't have to worry about mortgage fees or conveyancing fees. I have access to all of the HUD websites to allow you to make bids on properties. There are no fees that you owe me for my professional services. Let me know if I can help.

Jon Unrath
JUnrath12@comcast,net
Weichert Realtors Media
267 968 1505
0 votes Thank Flag Link Sun Mar 3, 2013
What you need to remember is that the winning bid is Net Proceeds to Hud so anything that is deducted from your offer effects you chance of getting thehouse that includes the Realtors commission. Please call me at my office 215-725-5700 X49

Philip J. Cunningham Sr
V.I.P. Realty Corporation
7942 Bustleton Ave
Philadelphia, PA 19152
Office.(215)725-5700 X49
PhilCunningham2004@yahoo.com
http://www.GreatPaRE.com
Web Reference: http://www.GreatRE.com
0 votes Thank Flag Link Sun Mar 3, 2013
I will find out for you, there will be transfer tax at the least bu maybe we could ask HUD to cover some of the closing costs.
Call me or email me.
Kevin Reddington
Prudential Reddington Realtors
267-763-0607
0 votes Thank Flag Link Sun Mar 3, 2013
There could be other fees, that are required of the buyer for these type of properties. I would have to look at the listing and research it to give you the best answer. You can give me a call and we can talk about the strategy to make this purchase for you.

Maurice Rollins
Mercury Real Estate Group
267-325-1799
mr.soldsigns@gmail.com
http://www.philadelphiadreamhomes.com
http://www.facebook.com/MauriceRollinsRealEstate
0 votes Thank Flag Link Sun Mar 3, 2013
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