HUD foreclosure homes for sale on the Greater Greenville SC real estate market are normally offered at great prices. HUD homes are homes with FHA insured mortgages that are acquired by the US Government's department of Housing and Urban Development because of a foreclosure. These homes then become Government owned homes, and HUD then offers these homes for sale. They initially give owner occupant home buyers a priority period to bid on each new property listing. Once this priority period is over, it is then opened up to all bidders including investors.
Although Greenville SC HUD homes for sale are listed in the Multiple Listing System (MLS), you need a HUD approved real estate broker like us to submit a bid on any of these homes. The bid is submitted online, and if it is during the owner occupant priority period, your Greenville SC HUD approved broker will be notified the day after the bid deadline if you had the winning bid. If the home is available to all bidders, the bid deadline is at midnight everyday and the winner is notified the day after. If your bid is accepted, your agent will have about 48 hours to send original contract documents to HUD's representativen along with a copy of your earnest money.
CLICK HERE to visit HUDhomestore's website, where you can browse HUD homes by City, browse by County, by zip code, or by price range. Once you find a home you like, you can view the property condition report for that home. Although this property condition report is not a warranty by HUD of the condition of the home, it does give you an idea of what is wrong with a HUD home before you place a bid. These homes are sold as-is. If you decide to purchase one of these homes, I still recommend that you have the home inspected by a professional home inspector. Having a home inspection is one of the critical steps to purchasing a Greenville SC foreclosed property.
We are a HUD approved broker, and can show and help you purchase any HUD home for sale in Greenville, Simpsonville, Greer, Taylors, Mauldin, Fountain Inn, Easley, Travelers Rest, Piedmont or any other surrounding Upstate area. Contact us at 864-438-5050 to discuss your needs with one of our Greenville SC real estate expert Realtors.