NHMS Web Site

Announcements:

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, 711 Northwest 72nd Avenue, Miami, FL 33126. (For directions only): 305-261-3800
	For more information: Seminar Information
4/8/2008	Tuesday, April 29, 2008 9:30 AM - 12:30 PM
	National Home Management Solutions LLC HUD Homesellers Seminar Greater Tampa Association of Realtors, Inc., 2918 W. Kennedy Blvd., Tampa, Florida
	For more information: Seminar Information
Jacksonville, Florida	Friday, March 28th, 2008 9:00 AM - 12:00 PM
	National Home Management Solutions LLC HUD Homesellers Seminar N.E. Florida Association of Realtors (NEFAR), 7801 Deercreek Club Road, Jacksonville, FL 32256
	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.
10/4/2007	Buy HUD with FHA(Florida) (Update)
	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.
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
1/5/2006	ATTENTION
	On all Federal Holidays that fall on a Monday bidding will close at midnight on the day of the Holiday.


11/17/04	ATTENTION -The Exclusive Owner Occupant bidding period:
	The Exclusive Owner Occupant bidding period for general listings is for 10 consecutive days with a bid opening on the 11th day. INVESTOR BIDDING: INVESTOR BIDDING BEGINS ON THE 11TH DAY THAT A PROPERTY IS LISTED.

10/26//04	ALL APPROVED NON-PROFITS BIDDING ON HUD PROPERTIES:
	A copy of your Approval Letter which you received from the HUD Homeownership office (Philadelphia or Atlanta) MUST be sent with each contract you submit for a wining bid. If the Approval Letter was not submitted with your contract at the time we receive and review your contract your bid will be cancelled . Atlanta HOC - Approved Nonprofits Philadelphia HOC - Non-Profits Approved to Purchase Properties Utilizing FHA Mortgages - Non-Profits Approved to Purchase HUD Homes - Non-Profits Approved to Provide Secondary Financing on FHA Mortgages