if i buy a hud home can i sell it
Considerations. HUD often considers it criminal fraud when HUD home owner-occupants try to sell their homes within the 12-month mandatory occupancy period. Those buying HUD homes as owner-occupants can't have purchased another HUD home as an owner-occupant in the previous 24 months.Investors can bid on HUD homes once the exclusive listing period for owner-occupant bidders expires.UD homes, as foreclosed Federal Housing Administration (FHA)- backed homes are called, can be bought at online auction by hopeful home buyers. HUD, of course, has rules for those intending to buy and then occupy a HUD home, including length-of-occupancy requirements.