Asked by Mrs. A, Wilmington, DE • Fri Apr 3, 2009
Also what is the process for purchasing a HUD home. I found a home on the Hooks Van Holm website taht i would like to bid on however, I have not been pre-approved for financing yet. WHen purchasing a HUD home, is it necessary to go into the bid with a pre approval or how does this work. Also, what are the incentives for purchasing a HUD home. The Hooks Van HOlm site states that some properties only require a 100 down and offer additional incentives. Is this accurate? It sounds far fetched to me. But I am still intrested in knowing the process for purchasing a HUD property. Thanks.
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