HUD deed

[Meagan Travis]

Hi Everyone,

I have found a HUD home I'm interested in bidding on. I have read through all the contracts and requirements before making my bid but I cannot find anything about the type of deed that will be issued. I've searched Google and BiggerPockets and I still haven't come up with anything. I am assuming it is a special warranty deed but does anyone with experience purchasing a HUD home have an answer? Are there any types of deeds I should avoid?

Also, as an investor, can you immediately sell the home after purchasing it or is there a required holding period?  I would most likely lease the home but would like to have alternative options as well.

Thanks in advance!