NHMS Web Site

Real Estate Owned (REO) by Government Agencies and Mortgage Lenders presents a variety of challenges following a foreclosure. The reason is simple: these entities did not originally plan to come into ownership of these properties! Now that the homes are in their portfolios, they are motivated to meet certain objectives that include:

Preserving and protecting the value of each asset;
Making it readily available for sale; and,
Completing the transaction with a new purchaser as soon as possible.

To achieve these goals, National Home Management Solution (NHMS) provides specialized personnel, streamlined systems, and proven techniques that combine to create the RIGHT SOLUTION at the RIGHT TIME – every time!

Search for or place a bid on a HUD property in one of these states:
Florida Properties		New York Properties		New Jersey Properties	Ohio Properties

Are you looking for financing assistance?

5/6/2008	Ohio Bid Deadline Update
	Due to a technical problem, the bid deadline of 05.06.08 has been changed to 05.08.08. Bid opening will occur 05.09.08. All owner occupant bids will be looked at simultaneously.
5/6/2008	Wednesday, May 28, 2008, 9:00 Am - 12:00 PM
	National Home Management Solutions, LLC HUD Homesellers Seminar Radisson Mart Plaza Hotel & Convention Center, 11 Northwest 72nd Avenue, Miami, FL 33126. (For directions only): 305-261-3800
	For more information: Seminar Information
2/12/2008	Announcement
	Effective 2/12/2008 the $500 Broker Bonus does NOT require the sale be FHA Financing. The only requirement is that the sale be owner-occupant purchases. This is effective immediately for bids or contracts accepted after 2/12/2008.
	Buy HUD with FHA (Florida) (Update)
10/4/2007	HUD is currently offering a $100 Down payment initiative. The $100 down payment is for owner occupants purchasing a HUD Home with FHA financing. This incentive is also available to owner occupant purchasers who obtain a FHA Home Repair loan. It’s a great time to Purchase a HUD Home with FHA financing.
	For more information: Initiatives
12/20/2006	WANTED Sub-Contractors in Florida
	National Home Solutions is looking for sub-contractors in the areas of the Panhandle and Jacksonville Florida. If you are interested please contact our Property Management Office at 866.736.8714 ext 407.
12/6/2006	FHA BRINGS THE HOLIDAYS HOME ANNOUNCEMENT
	During the "FHA Brings the holidays Home" sales event, homebuyers who purchase a HUD-owned home and finance the purchase with an FHA-insured loan will be entitled to valuable sales incentives including: $2,500 Holiday Home Improvement Allowance $500 Selling Broker Bonus Minimum Required Down payment of Only $100 The incentives are effective for HUD homes sold between Friday, December 8,2006 and Friday, January 5, 2007 to homebuyers who intend to occupy the property as their primary residence for at least 12 months and who do not currently have an FHA-insured mortgage.
	For more information: Holiday Announcement ; FAQ's
11/23/2006	Good Neighbor Next Door Sales Program (GNND) Update
	The OND/TND program name will change to the GOOD NEIGHBOR NEXT DOOR Sales Program (GNND), effective December 1, 2006. The disposition of properties to the participants of GNND program will be governed by HUD’s Final Rule Fed. Reg. 6442-64428 (November 1, 2006) (amending 24 CFR Part 291, Subpart F). Highlight of changes are but not limited to: OFFERS MUST BE SUBMITTED BY REAL ESTATE BROKERS EARNEST MONEY IS REQUIRED (1% OF LIST PRICE, MAXIMUM AMOUNT OF $2,000) NO PRIOR PARTICIPATION IN PROGRAM BY EITHER SPOUSE NO RESIDENTIAL REAL PROPERTY OWNERSHIP BY EITHER SPOUSE FOR 1 YEAR PRECEEDING SUBMISSION OFFER
	For more information: GNND
11/16/2006	New Form
	HUD has released a new "For Your Protection, Get a Home Inspection" form. For the updated form please select the following link: 06-24ML
9/15/2006	HUD Housing Notice Letter 2006-12
	The above Housing Notice shall be effective for all sales contracts executed on or after the thirtieth day following the issuance date reflected. HUD will not allow closing costs to exceed 3% of the purchase price. Please be aware that your bid will ont be accepted if the closing costs exceed the 3% maximum as stated in the housing notice 2006-12.
	Closing Cost Notice 2006-12
4/4/2006	Property Preservation
	Effective April 3, 2006, all Property Preservation request for National Home Management Solutions, will be handled by the Bordentown, New Jersey Office. The point of contact phone numbers are as follows: New York and New Jersey: 609.981.5500 ext 135, Florida: 609.981.5500 ext 122. The fax numbers for P&P requests are 609-981-5513/5514.
4/3/2006	Mortgagee Letter 2005-50 (Enhancements to 203(k) Limited Repair Program)
	ML 2005-50