HUD foreclosure: Charlotte HUD Foreclosures are listed in the MLS and a HUD approved Real Estate Broker must submit the bid for you. The HUD bidding process provide an "Owner Occupant" bid priority when the home first becomes available. The potential home owner has a 10 day window to contact an agent to view and analyze the home's value. The HUD auction is a "Blind" bid process. The Agent must have the financing and deposit confirmed prior to submitting the bid in the computer. The bid deadline is typically on Sunday night. By Monday at noon the wining bid is posted. The agent must then hand deliver the application, the bank letter and the deposit to the HUD office.
Want to search for HUD Homes? Yes, I am a HUD Broker and experienced. I will help you through the entire HUD Foreclosure Process. Request a personalized Charlotte HUD Home Search or visit Charlotte Real Estate and search all Charlotte NC Homes for Sale.