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Updated over 10 years ago on . Most recent reply

User Stats

42
Posts
10
Votes
Matt Hendrickson
  • Investor
  • Kansas City, MO
10
Votes |
42
Posts

Earnest money on a HUD home

Matt Hendrickson
  • Investor
  • Kansas City, MO
Posted

Hey all,

I'm looking to put in an offer on a HUD home. We are interested in putting in an offer, but aren't sure how or when the earnest money is required. Is the earnest money required to make an offer on a HUD home? I've heard from some on this board that all that is required for an offer on a HUD home is the offer itself, there is no where for a realtor to upload a pre approval letter or anything like that. Does that mean that the earnest money isn't required either?

If earnest money is required can I just take scan a check and send it to our realtor? Or does it have to be an actual physical check.

Thanks,

Matt

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