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Updated about 7 years ago on . Most recent reply
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Relative as an agent for HUD home purchase
Can a relative be the buying agent for a HUD home purchase?
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Originally posted by @Eric Copeland:
My wife's broker is stating that is against HUD policy for a spouse being a buying agent for their spouse. I have not found that on the HUD website yet
Is your wife's broker a listing broker for HUD ? Meaning that they are the listing agent for HUD properties. If the Broker is a HUD listing broker, then all their agents as well as there immediate family are not eligible to purchase a HUD home even as an investor
If they are not a listing agent, there are absolutely no limitations. I have bought hundreds and represented myself(I cannot collect a commission if I represent myself) and my wife has purchased a couple with myself as the broker