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Updated over 11 years ago,
Reselling a HUD home prior to 12 month occupancy period
I recently bought a HUD home with the intent or reselling within a year. The rationale for buying the house was to "ease" into rehab and reselling property while working a full-time job, and to allow my kids to finish their private school before they age out and we relocate.
I began the rehab myself at the beginning of June, and undoubtedly can have the work done relatively quickly. I want this house gone within six months to buy another. My realtor advised that my contract contains a 1yr occupancy clause...any advice? Am I really stuck the entire year? Thanks
- Brandon Sturgill
- 614-379-2017
Realize Property Management Group
12 Reviews
3.7 stars