HUD has a very specific process that the buyer and buyer's agent must follow on a HUD home regarding the inspection period. There are multiple addendums, utility authorization forms, and an approval process that initially takes place during the contract execution phase of the process. Once HUD executes the purchase contract, the buyer and buyer's agent then can submit a request form to turn on the utilities. The utilities are turned on at the buyer's expense and can only be done once a third party company issues the approval to the buyer's agent. This company is not HUD--it is a whole different firm. The buyer will want to have the power, water, and gas turned on so that a home inspector can complete a thorough inspection of the home so that you are aware of the condition of the home prior to purchasing it. In the experiences that I have had with clients that have purchased HUD homes, the timeline from the bid acceptance email that comes in the buyers agent until the time that the utilities are on for inspections, requires several steps that must be accurately timed or your risk HUD cancelling the transaction. Once the utilities are are on, the inspections have to be completed. The inspection period is 15 days following contract execution and having an agent with experience selling HUD homes will prove as invaluable as you work through the inspection process and closing with the title company. If you are looking for an agent to help you acquire a HUD home, I would certainly be happy to help. You can click on my photo on the left and see extensive recommendations from my clients. Feel free to use my website http://www.jenniemillerrealtor.com
to search the Multiple Listing Service for HUD owned homes that are listed for sale. Looking forward to hearing from you soon!