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Updated over 12 years ago on . Most recent reply

User Stats

32
Posts
7
Votes
Heather C.
  • Real Estate Investor
  • Charleston, SC
7
Votes |
32
Posts

HUD home NOT listed

Heather C.
  • Real Estate Investor
  • Charleston, SC
Posted

I know of several properties that have HUD case numbers assigned to them; but are not on MLS or HUDhomestore.com. These are homes that have been already been placed with realtors; but do not have (to my knowledge) have accepted contracts. Has anyone run into this situation before? I am curious to know if there is more inventory out there than the normal channels indicate. Is it usual for HUD foreclosure to never hit MLS?

As a side note, this is a new market for me and I have not purchased anything since 2010.

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