HUD home NOT listed
I know of several properties that have HUD case numbers assigned to them; but are not on MLS or HUDhomestore.com. These are homes that have been already been placed with realtors; but do not have (to my knowledge) have accepted contracts. Has anyone run into this situation before? I am curious to know if there is more inventory out there than the normal channels indicate. Is it usual for HUD foreclosure to never hit MLS?
As a side note, this is a new market for me and I have not purchased anything since 2010.