HUD property in closing process
Hi! and thank you in advance for your answers..
I'm in the process of buying a HUD property...They just let me know that I won the bid because the person before me somehow didn't have the funds or whatever.
So I signed the contract send it in 48 hrs term...I signed the documents with the bank payed for an appraiser and now I am waiting!!! This waiting is killing me...
Why should I do next ..order a inspection?? I went the other day with my agent we took a look and kinda figure out what do I have to do to get it ready for rent. Some remodeling, new floors ...tiles..windows..
I read about search for the title, or get an inspector..My agent told my that most of the HUD properties are clean and ready to sell without having any legal problems. And the inspection part is tricky to cause you have to order a filed agent to turn on the water, gas, and electric for a few days to check everything...
So I don"t know what should I do next. Big dillema!!
Thank you!