by Answerbag Staff on August 7th, 2010

Answerbag Staff

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How long are HUD homes usually on the market?

Answers. 1 helpful answer below.

  • by David Dunning on August 7th, 2010

    Answerbag Experts

    Great Answer

    Professionally Researched. (What's this?)

    Homes offered for sale by the Department of Housing and Urban Development (HUD) are subject to an offer period, during which anyone interested can submit a bid. The initial offer period is 30 days and in the first 12 days, bids from owner occupants receive priority.

    References:

    US Department of Housing and Urban Development: HUD Homes for Sale in Kentucky

    Rathbone Real Estate: How the Government Home Buying Process Works

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