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.
The new era begins for Indiana HUD Homes