Hud ratified sales contract?????

Written By: admin on October 16, 2009 No Comment

Hi. Our bid was accepted on a HUD home on 8/11. We sent all of our paperwork in before the 48 hours. On Monday, my real estate agent received a fax back from HUD, saying that she did not fully fill out the front page (grrrrr!). She fixed all of the errors and over-nighted it on Tuesday, so they should have received it Wednesday (8/20). All she had to do was fill in an address and have her supervisor sign something. So that should be it, right? I’m wondering how long it will be, now, before we really receive the sales contract back? Do they send it to my house, or do they send it to the Real Estate Agent’s office? I guess I feel like it isn’t my house until I really get the sales contract back from HUD. I know we are lucky, since I heard that sometimes if your paperwork isn’t right, that they may place the house back up to be bid on. We should have heard something by now, if they weren’t pleased with the paperwork, right? The website still lists it as being accepted. I need to stop worrying……..