Need agent w/ NAID to rebid in PA

[Diane Perry]

There is a HUD home that I want to purchase. I missed the owner occupant period, and because it is showing up as IE, insurable with escrow, which would seem to indicate it needed less than $10,000 worth of work, a whole bunch of investors keep outbidding me.

The truth is it needs about $100,000 worth of work, and so when the investors go to check it out they invariably don’t go to contract and the house comes back on. 

Although I originally looked at it as an investment, I would buy this particular home as an owner/occupant and move into it after reno.

I have spent a whole month teaching my agent everything that I've spent months researching about how to bid on HUD homes, but she has little kids and a couple of times has gone to bed with her ringer off and I can't reach her when I see the house is back on the site and need her to put in another bid.

I am fed up.

I have read on this site that some people have NAID numbers and automate their bids. 

Because she showed me the house, does it obligate me to have her put in the bid for me? 

Does anyone on this site licensed in Pennsylvania want to put in the bids for me instead?

I also want to get a 203k loan with a non-occupant cosigner.

If you can help me with bids or have an underwriter who will write for a 203k with a co-signer, please get in touch. Thanks. 

Diane Perry

[Greg H.]

Hud could care less about who places your bid as long as they have an NAID number

Be advised that you are attempted in my opinion one of the most difficult transaction possible. A 203K on a HUD home is very very difficult and you are adding a co-signor to the process. Keep in mind you only have 60 days to close, so I suggest only going with an Agent, Loan officer and Contractor that have experience with this type of transaction