In 12 years I have NEVER represented a client buying a HUD home. Strange as it sounds its true. This month I had the pleasure of helping a first time buyer get their first home and it was a HUD home.
Our price point was 130k and the buyer was using a downpayment assistance program. We searched about 30 homes but kept running into issues with each house. The buyer fell in love with a large 2 bedroom home that also had a large garage. We wrote the offer and submitted it on HomeTelos site then waited. 48 hours later we received the new our buyer won the bid. We were very excited because we offered 10k below listed price and received 3% in closing cost. The next step was subitting this to the downpayment assistance office.