Wednesday, December 25, 2013

HUD Foreclosures

HUD NAID & Tax ID Number:
·         Maximum One Realty Greater Atlanta:                 GRTRTL0360                       20-8520360
       o    Corporate Name: Greater Atlanta, LLC
·         Maximum One Greater Atlanta Realtors:             GRTRTL1947                       27-1021947
       o    Corporate Name: Maximum One Real Estate Group, LLC
      ·         Maximum One Realty Executives:                          MXRLTY4997                 27-3404997
       o    Corporate Name: MX Realty Executives, LLC
      ·         Maximum One Executives Realtors:                       MXEXCT5752                       45-3945752
      o    Corporate Name: MX Executives Real Estate Group, LLC



HUD REOs
 
·         Maximum One Realty Greater Atlanta agents and their immediate families are prohibited from purchasing or having any interest in a HUD foreclosure.
 ·         Maximum One is a HUD Listing Broker (NLB) and per section 8.5 Notice to Real Estate    Neighborhood  Listing Brokers Services Agreement
 ·         NLB’s  their employees, their agents company affiliates and subcontractors are NOT allowed to:
           o   Purchase any HUD properties
            o   Acquire any interest in any HUD property.
·         Furthermore, the contractor, subcontractor, a management official, their immediate family members, or any affiliated entity under contract with HUD who has involvement in the management, marketing, or oversight of HUD-owned properties under HUD's M&M III contracts, are prohibited from purchasing or leasing a HUD-owned property.
·         If we discover you have violated this policy, we may be forced to dehire you from Maximum One Realty Greater Atlanta

 
Making a Bid on a HUD Foreclosure for a Client

·         There are specific instructions for this process on WolfConnect
     ·         There are Broker Letters on the WolfConnect giving you the agent permission to sign contracts
     ·         Remember to check your Brokerage Affiliation in your Registration on www.HUDHomestore.com

No comments:

Post a Comment