Its worth the wait

I just sold my first HUD home. HUD stands for US Dept. of Housing and Urban development. http://www.hud.gov/homes/index.cfm It was a long and tedious process but my buyer got a great home for a great price.

The home was a foreclosure and the appraiser had to go by Federal guidelines. So we had to put railing up,remove some mold, turn the heat on and water and replace the boarded up windows. We did this once the lender gave us a commitment letter and was confident he could close once the work was completed.

The buyer had to pay for the work which was less than $5000 and even still is getting a nice home for the money. If anyone has any more questions about buying a foreclosure or HUD property please feel free to contact me.

Chet Szafranski

Keller Williams Realty

Chets@kw.com