Laws and Regs

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HUD-Owned Real Estate - Sales Contract and Addendums

Laws and Regs

OMB: 2502-0306

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Justia :: 24 C.F.R. PART 291--DISPOSITION OF HUD-ACQUIRED SINGLE FAMILY PROPERTY

24 C.F.R. PART 291--DISPOSITION OF HUD-ACQUIRED SINGLE FAMILY PROPERTY

TITLE 24--Housing and Urban Development

Subtitle B--REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT

CHAPTER II--OFFICE OF ASSISTANT SECRETARY FOR HOUSING--FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

SUBCHAPTER I--HUD-OWNED PROPERTIES

PART 291--DISPOSITION OF HUD-ACQUIRED SINGLE FAMILY PROPERTY

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Subpart A--GENERAL PROVISIONS

�291.1
Purpose and general requirements.
�291.5
Definitions.
�291.10
General policy regarding rental of acquired property.
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Subpart B--DISPOSITION BY SALE

�291.90
Sales methods.
�291.100
General policy.
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Subpart C--SALES PROCEDURES

�291.200
Future REO acquisition method.
�291.205
Competitive sales of individual properties.
�291.210
Direct sales procedures.
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Subpart D--SALE OF HUD-HELD SINGLE FAMILY MORTGAGE LOANS

�291.301
Definitions.
�291.302
Purpose and general policy.
�291.303
Eligible bidders.
�291.304
Bidding process.
�291.305
Selection of bids and execution of Loan Sale Agreement.
�291.306
Closing requirements.
�291.307
Servicing requirements.
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Subpart E--LEASE AND SALE OF HUD-ACQUIRED SINGLE FAMILY PROPERTIES FOR THE HOMELESS

�291.400
Purpose and scope.
�291.405
Definitions.
�291.415
Lease with option to purchase properties for use by the homeless.
�291.430
Elimination of lead-based paint hazards.
�291.435
Applicability of other Federal requirements.
�291.440
Recordkeeping requirements.
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Subpart F--OFFICER NEXT DOOR SALES PROGRAM

�291.500
What is the purpose of the Officer Next Door Sales Program?
�291.510
How does the Officer Next Door Sales Program work?
�291.520
How do I qualify to purchase a home through the Officer Next Door Sales Program?
�291.530
Who qualifies as a law enforcement officer?
�291.540
What is the owner-occupancy term?
�291.550
What is the second mortgage?
�291.560
May I purchase a multi-unit property through the Officer Next Door Sales Program if I plan to live in one of the units as my sole residence?
�291.570
What continuing obligations apply to me if I purchase a home through the Officer Next Door Sales Program?
�291.580
May governmental entities and private nonprofit organizations purchase homes through the Officer Next Door Sales Program?
�291.590
How are the terms governmental entities and private nonprofit organization defined?
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