Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If a house needs work, will HUD make the repairs?

House HUD Needs repairs
0
Posted

If a house needs work, will HUD make the repairs?

0

No. HUD homes are sold as is, without warranty. This means that, although HUD requires NHMS to maintain the properties against deterioration or damage, HUD will not usually make repairs except to preserve and protect the property or to eliminate a health and safety hazard. If any property condition defects are known when the house is placed on the market for sale, the price takes those defects into consideration. Please carefully examine the property you wish to purchase and read the Property Condition Report that is provided as an attachment to the detailed listing, as well as information that is posted in the house itself. How do I get the process started? Start by finding a real estate agent or broker who shows HUD homes in the area where you are interested. The agent you select must work with a HUD-registered real estate broker. Before you start, ask if the agents broker is registered with HUD. If not, the agent is not allowed to show and sell HUD homes until they complete the regi

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123