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Foreclosures
HomeForumsForeclosuresHUD requiring repairs within 6 months
Tanya A.'s profile image
Tanya A.'s profile image
Tanya A.
  • from Black Hawk, South Dakota
  • Member since Jul 16, 2016
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Tanya A.'s profile image
Tanya A.'s profile image
Tanya A.
  • from Black Hawk, South Dakota
  • Member since Jul 16, 2016
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Tanya A.
  • Black Hawk, SD
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Foreclosures

HUD requiring repairs within 6 months

Tanya A.
  • Black Hawk, SD
Posted Mar 26 2018, 08:34

I have read that when HUD sells a home in need of repairs they will require those repairs be done within 6 months, or they want a certain amount put in escrow to go towards these repairs, if I recall correctly. Is that only for financed deals or does it apply to cash deals as well? Anybody know?

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