www.hudpemco.com

"Utilizing FHA on HUD REO's"

As another addition to PEMCO Ltd.'s training program, this class is designed to provide the real estate professional with a detailed understanding of how to maximize the current incentives and guidelines on FHA financing with HUD REOs.

In promotion of homeownership, HUD and FHA have allowed for special incentives, lowered down payment requirements and provided special underwriting guidance for buyers purchasing HUD REOs with FHA 2… Continue

Incentives for YOU and your BUYER!

Homebuyers who purchase a HUD Home with FHA Financing can purchase with only $100 Down
- Only available to owner-occupant purchasers
- Agent must indicate buyer is taking advantage of incentive by writing “$100 Down” on Line 4 of the Sales Contract
- The lender will need to complete HUD’s Mortgage Credit Analysis Worksheet for the buyer to take part in the offer.
- Please note that your buyer… Continue

Any HUD-Registered Agent can show, sell and advertise any HUD home that's on the market. While only the listing agent is permitted to place signage in the property's yard, all registered agents can advertise properties in other ways.

Please review the current HUD-PEMCO Advertising Guidelines, noting that an agent's non-compliance could result in a brokerage's NAID suspension!

Do:

* Advertise HUD homes in a professional and ethical manner
* Refer to HUD H… Continue

Who is PEMCO Ltd.?
PEMCO Ltd. is not a brokerage. PEMCO is the Marketing and Management Contractor for HUD in Georgia, California, Guam, Hawaii, and the N. Marianas Islands. HUD contracts an M&M Company in every state to oversee the HUD Sales Process. PEMCO has an internal staff of employees that manages the bids, contracts, property maintenance, titles, ect.

PEMCO also contracts KEY Solutions Management to oversee the marketing efforts performed. Here, we p… Continue

In addition to the "Successfully Selling HUD Homes in Georgia" training course, PEMCO Ltd. is now offering a training course on the NEW Down Payment Assistance Program for the Neighborhood Stabilzation Program in Georgia. This special program allots $14,000 in down payment assistance to qualifying buyers.

HUD is taking part in this program and it would be very beneficial, if you are already a HUD Registered Agent, to learn more about this program and the process when using… Continue