The new era begins for Indiana HUD Homes

Well, it finally happened.  If you go to hudhomestore.com, there are actually 7 HUD Homes listed in Indiana under the new selling system.   The newly listed homes will have a bidding deadline of 30 days from list date if they are eligible for an FHA mortgage.  If they are not eligible for an FHA mortgage, the bedding deadline will be 5 days.  After the initial owner-occupant bidding deadline, bids from investors may be placed.

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