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NC/SC Implements BEST OFFER Disposition Strategy

July 16th, 2010

NC/SC HUD has announced the implementation of the Best Offer Disposition Strategy. This is a limited time offer and you must move quickly. Properties that are eligible will be marked with "MAKE AN OFFER". Depending on the Net to HUD, the sale may be required to close in thirty (30) calendar days of contract execution, and if a single extension is granted, the maximum time is 15 calendar days at a cost of $25 per day ($375)regardless of sales price. The Selling Agent will be verbally contacted with instructions on completing the Sales contract. Procedures for placing the electronic bid are the same as any other bid.

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