(Nwd) Mastering the Hud Sales Process

Instructor: Eddie Blanco This course provides a comprehensive overview of the HUD Home buying process. Participants will learn what a HUD Home is and gain an understanding of the key players involved, including the Asset Manager and the Selling Agent. The session will cover essential topics such as the role of the NAID number, who is eligible to purchase a HUD Home, and how to determine if a property is available for bidding. Additionally, the course will explore financing options, the process for submitting bids, and the closing costs that may be covered by HUD. • What is a HUD Home • Asset Manager • The Selling Agent role in the HUD process • What is NAID? • Who can buy a HUD home? • How do I know the property is available for bidding? • Financing Types • Submitting bids • Cost paid by HUD at closing