HUD

[Reginald S.]

I am in the process of closing my first wholesale deal. I need to know what to expect. my question is: I have a motivated seller wanting to sell his property . I have a cash buyer wanting to buy the property for more than the seller wants to sell the property. I have a closing attorney in place. I hear people talking about "the HUD". I'm not sure what they are referring to .Can someone tell me what is meant by "the HUD"?I know HUD stands for Housing and Urban Development, but I don't know how this relates to my wholesaling deal? Please help. I don't want to blow the deal