1. Lottery Period (“Lottery”)
2. Exclusive Listing Period (“Exclusive”)
3. Extended Listing Period (“Extended”)
4. Dollar Homes – Government Sales (“Dollar”)
The Lottery Period is a direct sale period in which Governmental Entities, HUD-approved Nonprofits, and Good Neighbor Next Door (GNND) participants may submit bids equal to the list price, for HUD REO Properties.
Exclusive Listing Period
The Exclusive Listing Period is a competitive listing period in which only eligible Governmental Entities, HUD-approved Nonprofits, and Owner-Occupant Buyers may submit bids on REO properties.
Extended Listing Period
The Extended Listing Period is a competitive listing period during which all buyers, may submit bids on HUD REO Properties.
Dollar Homes – Government Sales
The Dollar Homes-Government Sales Program is a direct sales program through which eligible Governmental Entities may purchase certain HUD REO Properties.
To view a specific property’s Listing Period, search for the property on the HUD Homestore website at http://www.HUDHomestore.com
The Listing Period is included on the Search Results Screen.
To see the eligible bidders/buyers for the specific property, move your cursor over the question mark next to the property Listing Period.
For additional information please contact the Asset Manager with jurisdiction over the property. To locate contact information for the Asset Manager please visit the HUD Homestore website at https://www.hudhomestore.com/ and click “Help” in the gray tool bar.
For policy information see Handbook 4000.1 Sections IV.B.2.f.iv.-viii. at https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh