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Updated almost 11 years ago,

User Stats

93
Posts
28
Votes
Randy King
  • Investor
  • Madison, AL
28
Votes |
93
Posts

Is HUD not supplying appraisals anymore?

Randy King
  • Investor
  • Madison, AL
Posted

I have just received accepted HUD contract packages for 2 properties each with a different asset manager. I received the appraisal on one of them but not the other. I contacted the asset manager and they replied "HUD appraisals are only provided for financed contracts". I have closed several cash HUDs over the past year and always received the HUD appraisal. Anyone have any info on this?

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