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Updated over 9 years ago,

User Stats

18
Posts
1
Votes
Phillip Tutino
  • Real Estate Lender
  • Branford, CT
1
Votes |
18
Posts

Connecticut HUD Properties

Phillip Tutino
  • Real Estate Lender
  • Branford, CT
Posted

Hi All!

Has anyone ever done HUD offer on the HUD web site in CT? I put an offer Thursday and it came back Friday telling me I missed the HUD minimum sale amount by a certain dollar amount. My agent re-entered the bid at enough to cover the HUD minimum and it started asking for closing date which it did not ask for the day before. After he entered the date and other info the property now shows three more days to bid till Tuesday Monday being a holiday. I am wondering if this means I will get the property if no one else bids higher after the three days since I met their minimum? Since it asked for a closing date the second time I countered I was thinking I am close to getting it, but don't really know how HUD works. Curious if anyone is familiar with this in Connecticut?

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