Pending Sales of Government-Owned REOs May Experience Delays

Buyers of REO homes owned by HUD may have their closing dates pushed back after this Friday, but the federal agency says any delays will be brief.

Rumors have circulated from various corners of the industry that HUD is planning a moratorium on REO sales expected to close after the end of this week, but a spokesperson for the government agency stressed to DSNews.com, “HUD is not suspending sales of HUD REO properties on November 5th or any other time. HUD’s new asset managers will continue to list and sell HUD homes.”

Read More: http://bit.ly/9h2BW0

 

 

 

 

{{adsense_NewsFeed}}

Advertise With Us

Advertise With Us
Apply to be the Exclusive Foreclosure Expert in your Region... Learn More!

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

5 Most Expensive Mistakes (subpage sidebar)

Top 5 Mistakes

Follow Us

Facebook Icon Youtube Icon Twitter Icon Mimian Icon
AddThis Social Bookmark Button