HUD properties are unique in that owner occupants have an exclusive priority period to bid on a property. After the initial bidding period for these buyers, the property then goes on the market for investors. FHA buyers are welcome and encouraged. Inventory is updated daily, so there is something for everyone!
Contact us if you would like to set up a private showing of any of these HUD-owned properties.
HUD is an equal housing opportunity for everyone. This means that it is against the law to discriminate against anyone, regardless of race, religion, socio-economic status, sexual orientation, gender, disability status, military status, national origin, familial status, or ancestry in regards to housing.
In order to submit bids on HUD homes, you will need a Name Address Identification Number (NAID#). Here is how to obtain your NAID#:
1. The Designated Broker of the company / office must fill out forms SAMS-1111, SAMS-1111A, and SF-3881. In addition, the Broker will need the IRS Letter 147C, obtainable by mailing a request for this form to the service center where the tax return is filed. The service center will then process your request and mail you your IRS Letter 147C form.
Note that SAMS-1111 will require additional attachments, and all of these forms must be signed with BLUE INK! The Broker Certification Checklist must also be filled out and sent with the other forms.
2. Once all the forms are signed and attachments obtained, send them all to:
Santa Ana Homeownership Center
ATTN: NAID Registration
Santa Ana Federal Building
34 Civic Center Plaza, Room 7015
Santa Ana, CA 92701-4003
3. HUD will take roughly 8 weeks to process the application, and upon processing, the Designated Broker will receive a NAID number. Note that only the Designated Broker can have an NAID number, and not indivial agents. Also, you must re-certify annually for your NAID number; otherwise, you risk losing your number and your ability to show, advertise, or submit bids on HUD homes!
4. We also host an agent training seminar for the process of selling HUD homes or investment property step-by-step from a HUD local listing broker!
Call now for information about the next seminar, or if you have any questions about how to sell a HUD home!
Call us at (562) 861-4311, or visit us at our office at 9447-A Firestone Blvd., Downey, CA 90241.
UPCOMING SELLING AGENT SEMINARS
DATE & TIME: APRIL 3rd, 2013
LOCATION: PWR LONG BEACH OFFICE
LONG BEACH, CA 90815
LOCATION: DOWNEY AOR OFFICE
12073 PARAMOUNT BLVD.
DOWNEY, CA 90242
Call now for more information! (562) 861-4311