Beginning to make it your own.

Once you've found the home of your dreams, it's time to make an offer to buy it. Before deciding how much to offer, we urge you to get a professional inspection. We can inform you  how long the home has been on the market-if it's been for sale a while, the seller may be more willing to bargain.

After HUD Home Network have prepared your offer, we will present it to the seller. It may be accepted or rejected, or the seller may counter your offer by asking for a higher price or by making changes in the sales contract.

Making an offer to buy a HUD Home is often much easier than the process of buying a home on the private market. We'll submit your bid electronically via a computer or a touch-tone telephone. The person making the highest acceptable bid is generally awarded that HUD Home.

Offers for HUD Homes can only be made through a licensed real estate broker. This way, HUD requirements are met and buyers get the help they need. HUD will pay real estate commissions if the commission amount is requested as part of the bid.

The initial listing price of each property is HUD's estimate of current fair market value and is based upon an appraisal conducted by an independent real estate appraiser. HUD may accept an offer that's less than the listing price, depending on market conditions and the length of time the property has been on the market. In some instances, buyers make bids higher than the listing price, if they believe the market conditions demand it, or if the home is particularly appealing. It is important for buyers to be aware of the property values established by HUD and submit offers knowingly.

 

See Charts Below

 

 

 

 

 

 

 

 

You will generally make your offer for a HUD Home during a designated "Listing Period."

   

Lottery Bid Openings (Listed 7 Days)

 

 

Sunday

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

1

2

Lottery

Insured/Uninsured

(GNND Eligible Buyers)

3

Lottery

Insured/Uninsured

(GNND Eligible Buyers)

4

Lottery

Insured/Uninsured

(GNND Eligible Buyers)

 

5

Lottery

Insured/Uninsured

(GNND Eligible Buyers)

 

6

Lottery

Insured/Uninsured

(GNND Eligible Buyers)

 

7

Lottery

Insured/Uninsured

(GNND Eligible Buyers)

 

8

Lottery

Insured/Uninsured

(GNND Eligible Buyers)

9

Exclusive

Insured

Owner Occupancy

10

Exclusive

Insured

Owner Occupancy

 

11

Exclusive

Insured

Owner Occupancy

 

12

Exclusive

Insured

Owner Occupancy

 

13

Exclusive

Insured

Owner Occupancy

 

14

Exclusive

Insured

Owner Occupancy

 

15

Exclusive

Insured

Owner Occupancy

 

16

Exclusive

Insured

Owner Occupancy

 

17

Exclusive

Insured

Owner Occupancy

 

18

Exclusive

Insured

Owner Occupancy

 

19

Exclusive

Insured

All Bidders

Daily Bid Opening

20

Exclusive

Insured

All Bidders

Daily Bid Opening

 

21

Exclusive

Insured

All Bidders

Daily Bid Opening

 

22

Exclusive

Insured

All Bidders

Daily Bid Opening

23

Exclusive

Insured

All Bidders

Daily Bid Opening

 

24

Exclusive

Insured

All Bidders

Daily Bid Opening

 

25

Exclusive

Insured

All Bidders

Daily Bid Opening

 

26

Exclusive

Insured

All Bidders

Daily Bid Opening

 

27

Exclusive

Insured

All Bidders

Daily Bid Opening

 

28

Exclusive

Insured

All Bidders

Daily Bid Opening

 

29

Exclusive

Insured

All Bidders

Daily Bid Opening

 

30

Exclusive

Insured

All Bidders

Daily Bid Opening

 

31

Exclusive

Insured

All Bidders

Daily Bid Opening

 

1

Extended

Insured

All Bidders

Daily Bid Opening

 

2

Extended

Insured

All Bidders

Daily Bid Opening

 

3

Extended

Insured

All Bidders

Daily Bid Opening

 

4

Extended

Insured

All Bidders

Daily Bid Opening

 

 

Uninsured Exclusive Bid Openings (Listed 5 Days)

 

Sunday

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

1

2

Exclusive

Uninsured

Owner Occupancy

3

Exclusive

Uninsured

Owner Occupancy

4

Exclusive

Uninsured

Owner Occupancy

 

 

5

Exclusive

Uninsured

Owner Occupancy

 

 

6

Exclusive

Uninsured

Owner Occupancy

 

 

7

Extended

Uninsured

All Bidders

Daily Bid Opening

8

Extended

Uninsured

All Bidders

Daily Bid Opening

 

9

Extended

Uninsured

All Bidders

Daily Bid Opening

 

10

Extended

Uninsured

All Bidders

Daily Bid Opening

 

11

Extended

Uninsured

All Bidders

Daily Bid Opening

 

12

Extended

Uninsured

All Bidders

Daily Bid Opening

13

Extended

Uninsured

All Bidders

Daily Bid Opening

 

14

Extended

Uninsured

All Bidders

Daily Bid Opening

 

15

Extended

Uninsured

All Bidders

Daily Bid Opening

16

Extended

Uninsured

All Bidders

Daily Bid Opening

17

Extended

Uninsured

All Bidders

Daily Bid Opening

18

Extended

Uninsured

All Bidders

Daily Bid Opening

19

Extended

Uninsured

All Bidders

Daily Bid Opening

20

Extended

Uninsured

All Bidders

Daily Bid Opening

21

Extended

Uninsured

All Bidders

Daily Bid Opening

22

Extended

Uninsured

All Bidders

Daily Bid Opening

23

Extended

Uninsured

All Bidders

Daily Bid Opening

24

Extended

Uninsured

All Bidders

Daily Bid Opening

25

Extended

Uninsured

All Bidders

Daily Bid Opening

26

Extended

Uninsured

All Bidders

Daily Bid Opening

27

Extended

Uninsured

All Bidders

Daily Bid Opening

28

Extended

Uninsured

All Bidders

Daily Bid Opening

29

Extended

Uninsured

All Bidders

Daily Bid Opening

30

Extended

Uninsured

All Bidders

Daily Bid Opening

31

Extended

Uninsured

All Bidders

Daily Bid Opening

1

Extended

Uninsured

All Bidders

Daily Bid Opening

2

Extended

Uninsured

All Bidders

Daily Bid Opening

3

Extended

Uninsured

All Bidders

Daily Bid Opening

4

Extended

Uninsured

All Bidders

Daily Bid Opening

 

Insured Exclusive Bid Openings (Listed 15 Days)

 

Sunday

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

1

2

Exclusive

Insured

Owner Occupancy

 

3

Exclusive

Insured

Owner Occupancy

4

Exclusive

Insured

Owner Occupancy

 

 

5

Exclusive

Insured

Owner Occupancy

 

6

 

 

Exclusive

Insured

Owner Occupancy

 

7

 

Exclusive

Insured

Owner Occupancy

 

8

Exclusive

Insured

Owner Occupancy

 

9

Exclusive

Insured

Owner Occupancy

10

Exclusive

Insured

Owner Occupancy

 

 

 

11

Exclusive

Insured

Owner Occupancy

 

12

Exclusive

Insured

Owner Occupancy

Daily Bid Opening

 

 

13

Exclusive

Insured

Owner Occupancy

Daily Bid Opening

 

 

14

Exclusive

Insured

Owner Occupancy

Daily Bid Opening

 

 

15

Exclusive

Insured

Owner Occupancy

Daily Bid Opening

 

 

16

 

Daily Bid Opening

 

 

17

 

Daily Bid Opening

 

 

18

 

Daily Bid Opening

 

 

19

 

Daily Bid Opening

 

20

 

Daily Bid Opening

 

21

 

Daily Bid Opening

 

 

22

 

Daily Bid Opening

 

23

 

Daily Bid Opening

 

 

24

 

Daily Bid Opening

 

 

25

 

Daily Bid Opening

 

 

26

 

Daily Bid Opening

 

 

27

 

Daily Bid Opening

 

 

28

 

Daily Bid Opening

 

 

29

 

 

31

Exclusive

Insured

All Bidders

Daily Bid Opening

 

1

 

Daily Bid Opening

 

2

 

Daily Bid Opening

 

 

3

 

Daily Bid Opening

 

4

 

Daily Bid Opening

 

 

Extended Bid Openings (Listed 180 Days)

  

Sunday

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

1

2

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

3

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

4

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

5

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

6

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

7

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

8

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

9

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

10

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

11

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

12

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

13

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

14

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

15

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

16

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

17

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

18

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

19

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

20

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

21

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

22

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

23

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

24

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

25

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

26

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

27

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

28

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

29

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

30

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

31

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

1

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

2

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

3

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

4

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

 

Dollar Bid Opening (Listed 10 Days)

 

Sunday

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

1

2

Local Government Agency

3

Local Government Agency

4

Local Government Agency

 

5

Local Government Agency

 

6

Local Government Agency

 

7

Local Government Agency

 

8

Local Government Agency

9

Local Government Agency

10

Local Government Agency

 

11

Local Government Agency

 

12

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

13

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

14

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

15

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

16

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

17

Extended

Insured/Uninsured

All Bidders

Daily Bid Open

18

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

19

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

20

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

21

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

22

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

23

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

24

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

25

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

26

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

27

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

28

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

29

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

30

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

31

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

1

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

 

2

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

 

3

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

 

4

Extended

Insured/Uninsured

All Bidders

Daily Bid Opening

 

 

For futher details click here.