Finding a HUD home

Finding a home home can be a difficult task unless you know the right person to ask. Most Realtors don't involve themselves in HUD home sales, however you can not purchase one without a Realtor. HUD says that a Realtor must handle the transaction. Usually a thousand dollar deposit is required at time of contract.
If you locate a HUD home for sale, contact your local Realtor and they should be able to locate the neccessary information to write an offer. If you are simply interested in seeing what HUD homes are available, go to www.hudhomesource.com and check it out.
Any other questions just call, 443-523-7652.
PS There are many programs, like half off for public service officers.

Now read this

Okay that same couple that my last blog was about can still get financing for 95000. So maybe things happen for the better because now there are three four bedroom house on the market in their price range. I just have to hope they haven't lost their drive to keep pursuing a home purchase.

Now here's a horror story

There is this couple and I really do love them and want to help them find a house but their lender has made it a nightmare.
They were told verbally that they were approved for one amount and when it came down to it, it was much less.
Now that they have a ratified contract on a house, the mortgage processor has been fired and his manager can no longer find him a mortgage program. He would have to reurn to looking in a much lower price range, still do-able but not as desired on his behalf.
So the moral to thye story is to affirm that you have your financing set and it is solid before going any farther.