|
|
|
|
|
|
|
|
|
|
NEWS
& ANNOUNCEMENTS
|
|||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||
|
Link to
Bid Sites: |
|
|
|
|
|||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
October 17, 2007 |
New KEY Solutions
Management, together with PEMCO Ltd., would like to sincerely thank all who applied
for the Georgia HUD Local Listing Broker positions. The response to the LLB
solicitation was extraordinary, and we were truly pleased with the number of
exceptional application packages that were received. While we were
not able to select all of the several hundred applicants, we would like to
extend our sincerest appreciation to all who applied and our best wishes for
continued success as HUD Selling Agents. Each application received will be
filed by our team for future consideration should a position for an
additional LLB become available in that area. Effective November 1, 2007, LLB positions have
been awarded to the brokerages listed here (click to view). |
||||||||||||||||||||||||||
|
October 4, 2007 |
The following
sales incentives are available on Georgia HUD-owned properties advertised to
the general public, beginning with the extended listings on October 5, 2007. It’s a great time to
Purchase a HUD home with FHA financing. Click here to view program
details. |
||||||||||||||||||||||||||
|
June 8, 2007 |
PEMCO, LTD. presents… |
||||||||||||||||||||||||||
|
|
Come
learn about special home buying programs in Please join
us at this landmark event to celebrate and promote homeownership in
Event and
Parking FREE to the public The More than
20,000 sq. ft. of Industry Professionals, Home Product
Vendors, and FREE
GIVEAWAYS!
|
||||||||||||||||||||||||||
|
June 7, 2007 |
Attention Georgia Real
Estate Brokers! PEMCO, Ltd. will be
accepting applications for Georgia Local Listing Brokers starting Monday,
June 11, 2007 through Friday, August 31, 2007. Please click here
to download and print the LLB Application and Information Package. |
||||||||||||||||||||||||||
|
June 7, 2007 |
Pemco’s Pemco’s 808-306-0216. The new office location is – (916) 927-7313 (916) 927-7454 fax |
||||||||||||||||||||||||||
|
February 12, 2007 |
FHA Streamlined 203k
program (update) Your HUD Home can be Your
Dream Home If you are thinking about buying a REO property that
needs repair, FHA’s 203(K) rehabilitation loan or it’s simplified
alternative, the Streamlined(k) may be a good option
for you. FHA’s simplified Streamlined(k) program for small-scale repairs is the perfect
option for most HUD REO sales. For the
major repairs & more complicated renovation plans, the Standard 203(K)
program is the option. HUD Homes, like the majority of property re-sales,
require some level of repair. FHA’s Streamlined
(k) program allows the buyer to finance both the purchase and the cost of
minor repairs and/or upgrades through a single mortgage. While there is no cap on repairs for the
Standard 203(K), the Streamlined (k) allows for repairs from $1 up to $35,000. For the Streamlined(k) option,
homebuyers identify their repair needs, which may include: new carpet;
interior and exterior paint; new appliances; kitchen or bathroom remodel;
exterior landscaping and other minor improvements. A realtor or FHA approved
lender will be able to answer specific questions about the Standard and
Streamlined 203(K) loan program. To
find out more, visit HUD’s website at
www.hud.gov/offices/hsg/sfh/203k/203kslrp.cfm or call 1-800-CALLFHA. |
||||||||||||||||||||||||||
|
February 7, 2007 |
Seeking FHA Appraisers – PEMCO, LTD. is a
prime Contractor to HUD providing marketing and management services for HUD
owned residential (1 to 4 unit) in Appraiser must perform onsite appraisal. Appraiser
must Licensed in the state of |
||||||||||||||||||||||||||
|
December 1, 2006 |
“NEW” -- OND/TND program name
changed to GNND The OND/TND sales program name has changed to the GOOD
NEIGHBOR NEXT DOOR Sales Program (GNND) effective December 1, 2006. See HUD’s Final Rule (click
here to view). |
||||||||||||||||||||||||||
|
December 1, 2006 |
BROKER SEMINARS – If you are a Broker or
Selling Agent interested in hosting training seminars, please email |
||||||||||||||||||||||||||
|
November 30, 2006 |
“NEW” HUD Form For
your protection: Get a Home Inspection, form HUD-92564-CN (6/06) |
||||||||||||||||||||||||||
|
November 14, 2006 |
Links to: Frequently Asked Questions
Updated Hawaii, Guam, Marianas
F&E Rev. 11-13-06 |
||||||||||||||||||||||||||
|
October 20, 2006 |
All vendor applications
for HUD Local Listing Brokers for Georgia MUST be
submitted to Pemco-Georgia Office by Noon, Monday, October 23.
Application packets should be faxed, with attention to the LLB
Manager, to our Again, the deadline is Noon,
Monday, October 23. Packets must include: *Vendor application (down-loadable from this website) *W-9 tax form (down-loadable from this website)
*Broker's License *Business License *Proof of General Liability Insurance |
||||||||||||||||||||||||||
|
September 29, 2006 |
New PEMCO, Ltd. Office in |
||||||||||||||||||||||||||
|
September 28, 2006 |
Notice to Contractors in Georgia |
||||||||||||||||||||||||||
|
September 19, 2006 |
“New”
Closing Guidelines |
||||||||||||||||||||||||||
|
September 14, 2006 |
Notice
to Appraisers and Brokers in Please download the Vendor
Application from our Contractor’s page, click this link “GA
Contractor Forms.” |
||||||||||||||||||||||||||
|
August 21, 2006 |
FHA
Streamlined 203k program (link to HUD)
– see update above 2/12/07 Your HUD home can be your dream home. A less than perfect house can become a
dream home through HUD's "buy and repair" loan program, with no
delay in sales. HUD Homes, like the
majority of property re-sales, require some level of repair. FHA's
Streamlined 203k program allows the buyer to finance both the purchase and
the cost of minor repairs and/or upgrades through a single mortgage. From $1
up to $35,000 can be included into the mortgage to improve or upgrade a HUD
home purchase. Homebuyers identify
their repair needs, which may include: New carpet; Interior and exterior
paint; New appliances; Kitchen or bathroom remodel; Exterior landscaping and
other minor improvements. A realtor will be able to
answer specific questions about the Streamline 203k program. To find out
more, visit HUD's website by clicking the link above. |
||||||||||||||||||||||||||
|
May 5, 2006 |
“NEW” SPECIAL PROGRAM FOR HURRICANE DISASTER
EVACUEES Hurricane Disaster Evacuees can purchase HUD
Homes at a discount. The Special
Lottery Program, effective the week of May 1st, 2006, will be in
effect for a 12-month period. HUD has announced a Nationwide Sale of HUD
homes to disaster evacuees of Katrina, Wilma and Rita through a new special
lottery system established for the Disaster Evacuees Participants (DEP). Properties not previously listed that are
eligible for FHA financing will be offered for sale by HUD exclusively to
hurricane evacuees for a period of five (5) days at a discount of 10% off the
list price established by PEMCO. New
properties (if available) will appear on the lottery, under Special Programs,
each Friday. Bids must be submitted by a HUD-registered broker. The lottery period provides for five (5)
days of listing with buyers having five (5) days to present a complete
contract to PEMCO. If,
at the end of the five-day lottery period, only one offer has been received, HUD
will enter into a purchase contract after verifying the buyer's FEMA
registration number. If multiple offers are received on the same property,
HUD will select the successful buyer by random lottery drawing. This lottery will be concurrent with the current
lottery offering for OND/TND/FND purchasers and Government/Non-Profit
purchasers. The results of the lottery
would provide for the following priority of purchasers:
Terms of sale under this program:
|
||||||||||||||||||||||||||
|
April 24, 2006 |
"Our
goal through this housing assistance initiative is to give families who have
been impacted by the disaster a chance to restore stability to their
lives," said Federal Housing Commissioner Brian D. Montgomery. "By
becoming homeowners, these families can begin to establish a sense of
permanence as they concentrate on putting their lives in order." …. (read
more) |
||||||||||||||||||||||||||
|
April 2006 |
Thank you for your interest in HUD Homes. Many of you have called us and asked, “Where can I find a list of HUD properties
for sale?”, or have reported, “Your website is not working, there’s no
listings!”. Rest assured, our website is working but as many of you
have noticed, our inventory in |
||||||||||||||||||||||||||
|
August 1, 2005 |
Our |
||||||||||||||||||||||||||
|
June 26, 2005 |
“NEW” Forfeiture and Extension Policy. HUD has released a new list of allowable
closing costs in Housing Notice 2005-12.
The allowable closing costs will be in effect for sales contracts
executed on or after June 26, 2005.
The Forfeiture and Extension Policy (Addendum A, Rev. 6-26-05) can be
found in the “Forms” section of this webpage. |
||||||||||||||||||||||||||
