The closing bid date is listed with each property. Bids are opened the morning of the bid date. Looking for a home Decide on the basic requirements for your home. Inspect the homes carefully. Some homes have had repairs.
Some homes have a repair escrow.
Items to be repaired with the repair escrow are listed in the ad. Repair escrow funds are held in escrow until you've made the repairs. When you've found your home, it's time to submit a bid. All bids must be submitted by a real estate broker. All sales of HUD homes are done on a bid system.