HUD's owner-occupant buyer type requires buyers to live in the home for 12 months. The buyer will be required to sign, along with selling agent, a Certification that they will live in the home for 12 months and have not purchased another HUD home for the last 24 months.
Owner-Occupant
If a person buys a HUD home as an owner-occupant, how long before they can deed to another person?
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Written by WILMOTH Group
Updated over 3 years ago