Hud Property
I purchased a hud property in Las Vegas a couple of months ago. I won the bid because at that time I was moving there so we submitted the bid as owner occupy. Now things have changed and I am not moving there no more. How long do I have to wait so I can sell the property without breaking any rules?
thank you :-?
[addsig]
If you've already purchased I believe part of the contract states you will live there a year. If you havent purchased yet I belive you get your earnest $ back if you fail to qualify. Not sure what happens if you back out, probably forfeit the deposit.
YEAH, IT SEEMS THAT IT IS 1 YEAR. I WAS READING IT TONIGHT
OH WELL
THANKS
As long as you dont make a habit of buying Huds and selling them right away I think you should be ok selling before the year is up.