Selling agents representing owner occupant and investor buyers with winning offers will receive an email to access a pre-populated fillable HUD-9548 sales contract & addenda package, requiring minimal effort by the Selling Agent to complete the information and obtain required signatures.
Use the pre-populated fillable sales contract package accessed from your email to insure that you submit acomplete and accurate sales contract package.
For all other buyer types fillable sales contract forms are available on the HUD Sales Forms page.
Within 2 business days from the offer acknowledged date, the AM Contractor must receive the sales contract package (original signed documents), otherwise the winning bid is subject to bid acknowledgement cancellation.
Buyer's may select the Closing Agent of their choice to close their HUD transaction.
Tips to expedite closing on a HUD-owned home:
- Educate the buyer on what to expect at closing.
- Share and review the HUD-1 Settlement Statement with your buyer prior to closing.
- Provide the closing agent with requested documentation on a timely basis.
- Advise your buyer to bring funds to the closing table or be prepared to wire funds as required by the Closing Agent.
- Advise your buyer to bring at least two forms of identification to the closing table, i.e. driver's license, social security card, or as required by the Closing Agent.
Learn how to utilize HomeTelosFirst to search for and place offers on HUD homes,
including how to prepare and submit a HUD-9548 sales contract & addenda package for your client’s winning offer.
Our online community videos are coming soon! Watch this space!
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- Comprehensive information and tools for real estate professionals and buyers.
- Automated notifications for new listings, status and list price changes.
- Source new buyer referrals by providing your contact information.
- Locate and identify properties for your clients.
To get started, click the Selling Broker/Agents button below.
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