Changes to bidding on HUD acquired properties

The changes are as follows:

·         The Exclusive period for properties that are IN will be reduced to 15 days. Bids submitted during the initial 10 days will still be sealed. After the 10^th day the bids will be reviewed daily. If no acceptable bid is received by day 15, the property will enter the Extended period.

·         The exclusive period for properties that are UI remains unchanged.

·         Bids received on Friday, Saturday, or Sunday will be opened in one batch on Monday. These bids will be considered as having been submitted simultaneously. In the event that Monday is a federal holiday, the batch will include bids received Monday and  will be opened on the following business day.

·         If a federal holiday falls during the week, any bids submitted that day will be grouped with the bids from the previous day.

·         NOTE: Bids will not be batched together if the listing period ends over the weekend or on a holiday. For example if the listing period ends Saturday, bids received Sunday will not be included in the batch to be opened the following business day.

 

       Call Louise Johnston  670-9864

 

I am going to list my home. What should I do to get ready?

1. Maintain your landscape--make sure the lawn is cut and leaves are picked up. Mums or fall flowers on the deck are always a nice touch.
2. Keep your house warm. Prospective buyers are turned off by a cold house.
3. Let in the light. During the day open the curtains and drapes. At night put on all the lights.

Call Billings Real Estate Professionals for all of your real estate needs.

 

 

Is there a major project that will increase my home's value?

Exterior remodeling projects lead the way for recovery on dollars spent. When you compare the national averages, replacement projects that boost curb appeal—siding, windows, and decks—give the greatest chance of recouping your money. Inside, only kitchen remodels can compare, at least on a national level.

If you are thinking of selling your home soon, your fix-up dollars may be better spent on some professional home staging.

Call Billings Real Estate Professionals for all of your real estate needs