Bidding on a HUD Home in Fairburn Georgia
As a HUD Certified Selling Broker, it is very important for our office to be knowledgeable of the process for buying a HUD Home in Fairburn. Here are a few important items that buyers need to know when bidding on a HUD home in Fairburn Georgia.
1) Have your financing in order prior to placing a bid - it is VERY important that you have an established plan to purchase your HUD Home in Fairburn Georgia. We talk to a lot of buyers that want to make a bid but are not ready financially. Being ready financially meaning having cash in the bank or having a sold pre approval letter from a lender. For help with getting prepared financially to purchase a HUD Home in Fairburn Georgia, please call our office at 404 418 8092.
2) Have Earnest Money available - for properties priced at $50,000 and above, you need to have $1000 Earnest Money available in certified funds. For properties priced under $50,000, you need to have $500. Either a cashier's check made payble to 'HUD' or a money order. Once your bid is accepted, we have 48 hours to get the Earnest Money funds to HUD. Without proof that you have the Earnest Money available, there is no point in bidding on a HUD Home in Fairburn Georgia.
3) Provide your name (as it appears on your identification and how it will appears on the title to the property), your current address and phone number, and you SSN or EIN. When we enter a bid for you, we are required to input this information as a part of the bidding process. Buyers cannot make a bid on a HUD Home in Fairburn Georgia without this information.
Call our office at 404 418 8092 for more information about HUD Homes in Fairburn Georgia. We will help you each step of the way so that you have a success purchase.
Office 404-418-8092 Cell 404-246-3210 Fax 404-991-3770