Welcome to the CathyMooney.com Blog

2011-11-07 09:03:03
Bidding on a HUD Home

I submitted my first HUD bid this morning.  For the buyer, signing the paperwork was easy.  It was even easy for me to find the appropriate forms and fill them out for the signatures.  The hard part was figuring out how to submit the bid electronically.

Although I registered as a HUD broker back in about 1994, things have really changed recently!  Since the deadline for the offer submission was noon I was very anxious to have it all done correctly.  As a matter of fact, I even woke up last night worrying about it and thinking maybe I should get started early in case it was more difficult than I anticipated.

Did I mention that I am a perfectionist, Type A Personality?  Even as I write this, and I have the confirmation the bid has been confirmed, I worry that I did something wrong, because the entry of commission was very confusing.  I don't want my clients to miss out on this house because of something I did, of course.

Realizing this, after more than 25 years in the business, I can relate to new agents for the first time.  Of course, when you are a new agent you have a broker to help you.  As a broker, I had to figure the HUD submission myself.  It was a strange feeling not to 'know it all' and feel confident.  I have been humbled.

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