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Updated over 8 years ago,

User Stats

179
Posts
122
Votes
Christopher Malone
  • Investor
  • Chicago, IL
122
Votes |
179
Posts

HUD homes and Earnest Money

Christopher Malone
  • Investor
  • Chicago, IL
Posted

I am placing an offer on a HUD listing. One of the lines on the sales contact asks "The Earnest Money shall be held by..." When making an offer on a HUD listing doesn't HUD generally hold the Earnest Money? This is my first time offering on a HUD property, so I am not sure if i should find a title company, or just leave it blank. Any help/tips would be appreciated. Thanks in advance!

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