HUD/Foreclosure Properties

HUD/Foreclosure Properties
HOW TO FIND A HUD HOME

You can look on my website for local HUD Properties. You can also go to www.HudHomeStore.com website for all the HUD Listings and to look up Property Condition Reports.

HUD/PEMCO

The website for PEMCO is www.hudpemco.com , you will be on their home page. You can click on the "Georgia" link to search for Properties in Georgia. PEMCO is one of three Property Management Companies for HUD. They handle the property Marketing and Advertising and the Listing Agents.

 

HOMETELOS

The website for Hometelos is www.hometelos.com. You can click on "View Properties" button to view HUD Homes. Hometelos is one of the three Property Management Companies for HUD in GA. They handle the property Marketing and Advertising and the Listing Agents.

 

OFORI

The website for Ofori is www.oforireo.com. You can click the Listings Link to find HUD properties. Ofori is one of the three Property Management Companies for HUD in GA and FL. They handle the property Marketing and Advertising and the Listing Agents.


 

**SEARCHING PAGE: (INSTRUCTIONS & INFORMATION)**

On the HUD Search page you can choose your search options. The more information, the fewer homes will show up. You can search by Address or by Property ID if you are looking for a particular property or you can do a general search by area, city or county.

Once you click on Search, you will get a list of homes with some basic information. If you would like to see more information on the property, you can click on the address and it will bring up a flyer page for you to view. This will be a little more detailed and it will give you more information concerning the property as well as a picture for you to view.

The Property Information Box

This box will have the Property ID#, Address and List Price and As-Is Value. The As-Is Value is the appraised value that was given to the property. The listing date is when this property was placed on the market and the Deadline will be the day that your bid will need to be submitted by if you are interested in placing a bid. You MUST have a Licensed Real Estate Agent to submit your offer on ANY property. Now would be a good time to contact Nautical Life Realty on make the offer on your behalf.

Details:

This box will give you the information on how many bedrooms and year it was built. You should always consider doing your own inspection with a certified Inspector to be sure you are aware of all the Issues that could be associated with the purchase of your new home.

This box will also show if the property is 203K Eligible. It will either say Yes or No. If it says yes, it will allow you to be able to do the FHA Rehab Loan on this property and also be eligible for the $100 down program.

FHA Financing with Insurability or Uninsured

This box will either show the property Insured or Uninsured. If it is insured, it may be followed by a "Repair Escrow Box". If it is insured, it is eligible for the $100 down Program. It will also require $5,000 or Less in Repairs.

Repair Escrow

This box will have the information for the Repair Escrow if any is needed. It will specify what the repair is that is needed and the funds that you can Add to the accepted purchase price of your home to do the repairs.

OTHER FEATURES FOR SEARCHING FOR A HOME

At the Top of the Page there is a tab that say "Join Now". You can click here and join the site in order to add homes to your watch list or to be able to email the page to a friend or yourself.

 

If you have any questions, please feel free to call the home office at (888)501-6003 or email the home office at nauticallife@hotmail.com.