Do I Have to Resubmit Bids Daily in the Daily Bidding Cycle?

Posted by WILMOTH Group on September 28, 2021
Do I Have to Resubmit Bids Daily in the Daily Bidding Cycle?

HUD homes will be offered through HUDHomeStore.com in a bidding cycle that initially is a sealed bid period followed by a daily bidding cycle. If the buyer still wishes their bid to be considered, it will have to be resubmitted daily.

Of course, the buyer may wish to consider making changes to their bid to make it more aggressive if their bids are coming back Cancelled the next day.

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WILMOTH Group is headquartered in Indianapolis, Indiana and Fort Myers, Florida. We focus on providing creative local solutions for a variety of residential real estate needs including, properties for sale, property management services in Indianapolis, and short-term management services in Tampa and Fort Myers.