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Placing a bid - You must be pre-qualified and place an earnest money deposit before place bid on a HUD your home. The Miami real estate agent will work with you in preparing all pertinent paperwork obtain to help you make your offer. All offers are presented and also are awarded to the best bidder. HUD will settle to 3% for expenses if may stated from the sales binding agreement. Owner occupants only can bid in founded offer period and that is opened for property investors. When a prospec