Wednesday, January 6, 2010

No new HUD contract

My husband went to look at the HUD I blogged about yesterday and he really liked it. Of course it needed the inevitable cosmetic work - flooring, carpet, patch work, etc - and we were also calculating in a new roof since it was convered with snow. We submitted another offer yesterday and when I looked today it was sold... not to me. An owner occupant got it in the high $90's. This person got a great deal! It sucks we didn't get it but I will definately keep an eye on it since a lot come back on the market (especially if they will not be able to prove they have their downpayment!).

The HUD we are closing in Feb. has the foundation inspection today. Hope all goes well!

Have a great day!

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