What Information will be submitted for Bidding?
1. Name(s) of all buyers 2. Name(s) as it is to appear on deed 3. Social Security Numbers of all buyers 4. Current addresses of all buyers 5. Current phone numbers of all buyers 6. Type of ownership (individual, married, joint, etc.) 7. Type of buyer (investor, owner occupant) 8. Purchase offer amount 9. Type of financing (FHA(b)(k), Conv./Other, Cash, etc) 10. **Closing costs assistance requested (typical closing fees only) **Closing cost assistance is the amount you would like the Government to pay toward typical closing costs up to 5% of the purchase price. Any unused portions of this money will be forfeited to HUD. NOTE: any amount requested will reduce your NET purchase offer on the home and reduce your chances of being the winning bidder. HINT: Increase your purchase offer by the same dollar amount that you are asking HUD to pay in closing assistance. SPECIAL FHA FINANCING NOTE: If applying for an FHA financing, the maximum loan amount you can borrow is the FHA appraised value (t
