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Testimonials
Marc was so easy to work with! I love my house and can't imagine picking a better realtor.
Thanks so much!
Marc worked with me for several months, and helped me find the perfect home for my Son and Daughter-in-law. He was responsive to our needs and very pleasant to work with. He made it possible for them to own their own home at a great price!
Last year we had worked with 3 different realtors before we found Mark. He understood our parameters and quickly responded with showings. Mark actually shared his opinions of the various properties and neighborhoods with us. He was very knowledgeable about the market and the areas and neighborhoods.
Mark's professionalism, experiance, and flexibility truly made our home buying experiance one to remember. We will definately use Mark for any future real estate needs and would recommend him to anyone we know looking for a broker.
Thanks Marc for finding me the house that i've always wanted. You went beyond the call of duty and i appreciate that.
I worked with plenty of Realtors before I found Marc, he was by far the best I've ever used, and recommend him to everyone I know!
Steve and I just wanted you to know that we appreciate your efforts and time and caring.
Marc must have shown me 100+ places before I found what I was looking for. He never complained I was crazy either!
Being a first-time home buyer, Marc was very knowledgeable about the process of home buying and helped me find my perfect place!
Marc was the best. His knowledge is unsurpassed. He helped me find just the right place for my needs and personality, and at a great price. Marc made my home buying experience easy and fun. I would recommend him to all.
Marc worked with me to fix my credit, to the point where he got me into a great loan and found my family the perfect home!
Marc spent months listening to me to find the perfect home, not once did I feel pressured to buy! I would never use another Realtor!
We were first time home buyers and Marc was very knowledgeable and honest. We would highly recommend The Monaco Group to anyone interested in buying or selling a house.
Marc found me a great home, and spear-headed the drive to solve the many problems that came up before the sale could go through. He always kept me in the loop and was upbeat no matter what the problems were. I would reccommend him to anyone looking for a home, especially a HUD home in which he specializes.
It has been my pleasure to know and work with him.
HUD Bidding Process
Submit your HUD offer
To submit an offer on a HUD home, HUD requires three things from the buyer. First off you must submit your offer or bid with a HUD registered broker. Not all agents are HUD registered brokers. Second they require earnest money in the form of a money order made out to HUD in the amount of either $1,000 or $500. If the total purchase price is over $50,000 then the earnest money is a $1,000, if the total purchase price is below $49,999 then the earnest money is only $500. Lastly is a Pre-qualification from a repeatable lender, if you want help getting pre-qualified I work with the best lenders in town who can do it for FREE. So please contact me at M.Monaco@TheMonacoGroup.com. If you submit an offer during the Owner Occupant period you agree that you will live in the property for one year, if you buy the home during the investor period as an investor HUD puts no restrictions on how long you have to occupy the property
HUD Bidding Process
When you submit your offer it is similar to any other auction. But it is done electronically, through your HUD registered broker. HUD will take the best and highest offer during the bidding period. On new listings the bidding time period is 10 days for Owner Occupants and for re-lists and price reductions the bidding period is only 5 Day for Owner Occupants. If not bids are accepted then HUD will open the bidding up to investors and Owner Occupations
Closing
A typical HUD transaction is closed in 45 day from the day the contract is accepted by HUD. It may close sooner, but it is dependant on how fast the lender gets the title company figures, and how fast the title company can process the file. It pays to work with a reputable lender and a lender who has previously closed HUD homes.
Work with Experience
It will save you a lot of head aches if you work with a reputable real estate agent and lender. We can get your transaction closed fast, find a great deal for you and headache free. If you have any question please do not hesitate to email or call the office at 303-296-2996
