Can I submit a HUD foreclosure to ExpressOffers?

Can I submit a HUD foreclosure to ExpressOffers?

Yes, however, when looking at HUD deals, pay attention to the offer restrictions of the other listing or on the HUD foreclosure website.  Typically, the first 7 to 21 days are reserved for owner occupied offers ONLY. Investor offers will only be considered after this period has expired.  We can NOT submit HUD properties to our investors for an offer until AFTER that period has expired. Additionally, many of our iBuyers have staff dedicated to watching these sites.  You would be much better served finding sellers in your local market that may need an ExpressOffers option.



    • Related Articles

    • Texas State ExpressOffers Procedures

      Situation 1:  Do you have this property already under a Listing Agreement? YES: STOP. Reach out to your Managing Broker. All ExpressOffers MUST represent the iBuyer, Intermediary may not be used. Listing Agreement will need to be terminated. NO: ...

    • Colorado ExpressOffers Procedures

      Jes and I created a video to explain why we have to do the procedure this way. Watch it here. Situation 1: You found an off market property that would be a candidate for the ExpressOffers program: Check to ensure the property completely fits a Buy ...

    • How Counter Offers Work In ExpressOffers

      Our iBuyers will have the option upon joining the marketplace to decide if they would like to consider counter offers. If they choose to entertain counter offers, you will see a Counter button next to the Accept or Reject buttons in your Offers tab. ...

    • Louisiana ExpressOffers Procedures

      When you do a listing presentation with a seller and believe the house might be a prospect for an iBuyer, you will complete a normal listing agreement with the seller along with all documents required. You will then write an addendum to the listing ...

    • What is ExpressOffers?

      What is ExpressOffers ExpressOffers®, exclusive to eXp Realty, simplifies selling by connecting sellers with a network of investors for quick, as-is sales. This platform offers swift, competitive proposals without hassle of fixing up, staging or ...