I am a HUD Neighborhood Stabilization Program Grantee. How do I submit a bulk offer?
A. Follow the detailed steps listed below to select and submit a bulk offer: • Register for a free account on BidSelect. • Select Non Profit/Government Agency as your Account Type and HUD NSP Grantee as your Agency type. • In order to submit a bulk offer you will need to provide your HUD issued NAID and your FID within your account profile. • Go to Search Properties and select the following filter options: • Select a Buyer Type of Neighborhood Stabilization Program Grantee. • Select a State and any other desired filter criteria. • Within the search results, notice the NSP Grantee Discounted price is displayed. • There are several discounts which depend on the number of properties purchased, as well as the value of each property: • Purchasing 10 to 49 properties at a time: • Properties with as-is values greater than $100,000 will be given a 10% discount off the as-is value of the property • Properties with as-is values of $100,000 or less will be given a 50% discount off the as-is value
