What are the allowable closing costs paid by HUD?
A. Click here for a list of HUD approved closing costs. back to top Q. What is the BrokerSelect Network? A. Listing Agents enjoy additional benefits when they join the BrokerSelect Network. The BrokerSelect Network offers Brokers/Agents a unique opportunity to register as a listing agent and to provide detailed profile information that will be available to Asset Management companies and Lenders that are also clients of BidSelect®. These companies will review your information and have the opportunity to approve you as a Listing Agent for their property listings. Additionally, as a member of the BrokerSelect Network you will be displayed as a Preferred Agent in the Find a Registered Broker lookup on BidSelect®. To join the BrokerSelect Network is $99.00/year. To join the BrokerSelect Network, select Account Type, “BrokerSelect Network Agent” when you sign up for a Buyer Center account. back to top Q. How do I upgrade from a Selling Agent to a BrokerSelect Network Agent? A. From your Buye
A. Click here for a list of HUD approved closing costs. back to top Offer Statuses Q. What are the types of Offer Statuses? A. Offer Incomplete – Status of an offer that was initiated and saved using the Save and Close feature and has not yet been submitted. From user’s Buyer Center account under My Current Offers, click on the Submit Offer or Submit Intent link to pull up and submit the offer. (For offers submitted during the Lottery Round, the status is, “Intent Incomplete”.) Offer Submitted – Status of an offer that has been successfully submitted in BidSelect®, but has not yet been reviewed by the Asset Manager. (For offers submitted during the Lottery Round, the status is, “Intent Submitted”.) Offer Reviewed – Status of an offer that was reviewed by the Asset Manager, however it was not acknowledged as the accepted offer. (For offers submitted during the Lottery Round, the status is, “Intent Reviewed”.) Offer Acknowledged – Status of an offer that was reviewed and acknowledged as
