Monday, March 30, 2015
How to Purchase an Existing Modular Home in Michigan
Are you looking to buy a modular home in Michigan? Legendary Homes Inc can help you. The process of purchasing an existing modular home in Michigan can be broken down into a few basic steps. Look for a Property A modular home that is for sale can be located on the local multiple listing service. On the HUD website, foreclosed properties can be separated by state, county and zip code. Selecting criteria for your area will reveal which homes are listed and actively for sale along with information such as asking price, year built and square footage. Other important details may include required repairs, eligible bidders, the as-is value and acceptable modular home financing. Place and Submit a Bid Once you have located a desirable property, you will need to contact a HUD approved broker to view the property and submit a bid. HUD uses an electronic bidding system that allows buyers to submit a simplified bid prior to writing a full offer. These bids must be placed only by HUD designated b
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