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Placing a bid - Will need be pre-qualified and place an earnest money deposit before place bid on a HUD your home. with you in preparing all pertinent paperwork purchase to to assist you make your offer. All offers are presented and also are awarded to the highest bidder. HUD will repay to 3% for expenses if is actually possible to stated their sales agreement. Owner occupants only can bid in founded offer period and it is opened for property investors. Do not feel the very bit intimidated or uncomfortable. After all, has not the bill collector just