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HUD Home for Sale by Hudson and Marshall
First time poster long time lurker. I was looking around on Hudhomestore.com and clicked on the link "To view HUD Homes available for auction please click here". That link to me to the hudsonandmarshall.com auctioneer website. I have no experience with these people and had the following questions:
- Is the auction absolute if I am the highest bidder?
- If my offer is accepted, what are the next steps in the process?
- Is this a cash only sale or is bank financing allowed?
- Are there any brokerage or other ancillary fees owed if my bid is accepted?
- If the property does not sell will it be relisted with Hudson and Marshall?
- The property appears to be a HUD foreclosure, why is it listed with Hudson and Marshall and not on Hudhomestore.com?
In addition to my questions above, I would like to know if anyone has any experience dealing with this company? and your general thoughts?
Thank you