How long does it take for a Bank Owned Property to be listed on HUD.gov?
Question : How long does it take for a Bank Owned Property to be listed on HUD.gov?
I have found a house that has gone through the foreclosure process and is now bank owned or REO. Called the bank, which said it is an investment property. Got the contact information and was told the house is going to HUD. The house is not listed on HUD.gov. So, how long will it take for the house to be listed on HUD.gov?
bank owned property listing
Best answer:
Answer by acermill
I’ve seen some HUD properties languish for over six months before all the necessary paperwork is completed for the house to be listed. Don’t expect that it will only take a week or two. It all depends on what issues need to be clarified before the house is approved for sale.
This entry was posted by admin on September 26, 2010 at 12:53 am, and is filed under Real Estate Listings. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.
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It can take months, they update the list every Friday morning.