HUD Home "assigns" Contract?

Does anyone know if you can do an "assign to" contract on a HUD home that is open to all purchasers?
Thanks

Comments(3)

  • dgtop6th November, 2003

    Nope hud is very pissy about such things

  • Birddog16th November, 2003

    "HUD" is for people who need assitance, so basically, doing that would be taking advantage of an organization to help people in need,. Homes are specified "HUDS" to prevent this from happening.

    [addsig]

  • mbarikmo6th November, 2003

    Agreed, but once the listing goes from "owner occupant" status to "all purchasers" it states in the hud handbook that investors are eligible to bu them at this time. It even says something about what a great opportunity for investors these HUD houses are.

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