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NEWS
6-29-2010 - INDEPENDENCE DAY HOLIDAY 2010.
In observance of Independence Day Holiday, Best Assets office will be closed on Monday, July 5th, 2010. All bids received on Friday July 2nd, Saturday July 3rd, Sunday July 4th, and Monday July 5th 2010 will be considered to have been received simultaneously and bid results will be published on Tuesday, July 6th, 2010.
05-21-2010 - OFFICE CLOSED MEMORIAL DAY.
Best Assets, Inc office will be CLOSED on Monday, May 31, 2010 in observance of Memorial Day. The Sunday, May 30, 2010 bidding deadline is extended until 11:59pm Monday, May 31, 2010. All bids received on May 30 and 31 will be considered to have been received simultaneously and bid results will be published on Tuesday, June 1, 2010.
03-15-2010 - PROPERTY LISTINGS UPDATED DAILY.
Effective immediately, property listings are updated on a daily basis. Be sure to check our website each day for new property listings!
03-01-2010 - NORTHWEST TITLE AGENCY CLOSING AGENT WISCONSIN.
As of 03-01-2010 Northwest Title Agency is the new Closing Agent for the State of Wisconsin. All contracts executed after 03-01-2010 will be closed with Northwest Title
02/15/2010 - BUYER AND BROKER SALES INCENTIVES TO BE DISCONTINUED
Effective March 1, 2010, the current buyer and broker sales incentive programs will be discontinued for HUD-owned properties sold in Minnesota, Nebraska, Iowa, North Dakota, South Dakota, and Wisconsin. Sales contracts executed prior to March 1, 2010 are not affected and are eligible for the incentives until the end of February 2010.
The discontinued sales incentive programs include:
� $100 Owner/Occupant Down Payment Incentive for FHA-Insured Financing
� $1,000/$1,500 Owner/Occupant Sales Incentive for Full Price Offers
� $500 Broker Bonus for Full Price Offers
12/23/2009 - OFFICE CLOSED - CHRISTMAS and NEW YEAR�S DAY OBSERVANCES
PLEASE READ CAREFULLY!
In observance of Christmas, our office will be closed early on Thursday, December 24, 2009 and closed all day Friday, December 25, 2009. All bids received on December 24, 25, 26, and 27 will be considered to have been received simultaneously and bid results will be published on Monday, December 28, 2009
In observance of New Year�s Day, our office will be closed on Friday, January 1, 2010. All bids received on December 31, 2009, January 1, 2 and 3, 2010 will be considered received simultaneously and bid results published on Monday, January 4, 2010.
Have a safe and special holiday season!
11/05/2009 OFFICE CLOSED WEDNESDAY - VETERANS DAY
Our office will be closed on Wednesday, November 11, 2009 in observance of Veterans Day. The Tuesday, November 10, 2009 bidding deadline is extended until 11:59pm Wednesday, November 11, 2009. All bids received on November 10 & 11, 2009 will be considered to have been received simultaneously and bid results will be published on Thursday, November 12, 2009.
10-23-09 ATTENTION: BROKERS AND POTENTIAL PURCHASERS:
HUD has recently revised the LBP visual assessment, inspection and stabilization process for all properties built prior to 1978. Effective for new listings, no LBP inspections, visual assessments or stabilization will be performed on properties built prior to 1978 unless the property is being sold with FHA mortgage insurance. This new process is the same process that is currently being utilized for properties built from 1960 to 1978. If deteriorated LBP is present at inspection for any property built prior to 1978 and under contract with FHA financing, HUD will not perform stabilization if the cost is more than $4,000. If the cost exceeds $4,000, and the property is under contract with FHA-insured 203(b) or 203(b) with escrow, the buyer will have the option to amend the financing to conventional, 203(k) (if it meets program requirements) or choose to cancel the contract. If the property is under contract with FHA-insured 203(k) financing and the stabilization and clearance costs are more than $4,000, a seller's credit will be allowed to the buyer at closing up to a maximum of $4,000. The remaining balance of the stabilization and clearance costs will be a cost incurred by the buyer. If the cost is more than $4,000 and the property is under contract with 203(k) financing, the buyer may elect to (1) continue with the contract understanding that HUD will only provide a seller paid escrow in the amount of $4,000 and the balance of the stabilization and clearance cost will be a cost to the buyer, (2) amend the financing to conventional or (3) choose to cancel the contract. If the stabilization and clearance costs are less than $4,000, a seller's credit will be allowed to the buyer at closing for the full amount of the stabilization and clearance cost only. Please carefully review the LBP Disclosure Addendum for full requirements and information. Brokers are expected to ensure that your buyers fully understand these changes and requirements.
09-24-09 Effective immediately changes to the $100.00 down payment incentive.
Please review the new incentive form for complete changes that will
affect your buyers.
New $100.00 Down Payment Incentive Addendum.
08/27/09 Labor Day Holiday
Our office will be closed on Monday, September 7, 2009 in observance
of Labor Day. The Sunday, September 6, 2009 bidding deadline is extended until Monday, September 7, 2009 at 11:59 pm.
All bids received on Sunday, September 6 and Monday, September 7 will be considered to have been received simultaneously
and bid results will be posted on Tuesday, September 8, 2009. May you have a safe and rewarding Labor Day holiday.
06/30/2009 Independence Day Holiday
In observance of Independence Day Holiday, Best Assets office will
be closed on Friday, July 3rd, 2009. All bids received on Friday July 3rd, Saturday July 4th and Sunday July 5th, 2009
will be considered to have been received simultaneously and bid results will be published on Monday, July 6th, 2009.
There will be no changes to the Monday, July 6th, 2009 owner occupant bidding deadline. Listings will be posted on
Thursday, July 2, 2009.
ATTENTION BROKERS AND PROSPECTIVE
PURCHASERS:
Effective March 25, 2009, you must use and include the revised �For Your Protection: Get a Home
Inspection� form and the updated Sales Incentives Addendum form as part of any sales contract package
that you submit. The forms are available on our website by accessing the Forms menu under Broker Information.
02/02/09 Office Closed -
President's Day
Our
offices will be closed on Monday, February 16, 2009 in
observance of President’s Day. The Sunday, February 15, 2009
bidding deadline is extended until 11:59pm Monday, February
16, 2009. All bids received on February 15th and 16th will
be considered to have been received simultaneously and bid
results will be published on Tuesday, February 17, 2009.
1/08/2009 - OFFICE CLOSED - DR.
REV. MARTIN LUTHER KING JR MEMORIAL DAY
Our office will be closed on Monday,
January 19, 2009 in observance of Martin Luther King
Memorial Day.
The Sunday, January 18, 2009 bidding deadline is extended
until 11:59pm Monday, January 19, 2009.
All bids received on January 18th and 19th will be
considered to have been received simultaneously and bid
results will be published on Tuesday,
January 20, 2009.
Happy Martin Luther King Day!
12/11/2008 - OFFICE CLOSED - CHRISTMAS and NEW
YEARS DAY
PLEASE READ CAREFULLY!
Our offices will be closed on Thursday,
December 25, 2008, Friday, December 26, 2008 and Thursday,
January 1, 2009 in observance of the holidays. The
Wednesday, December 24, 2008 bidding deadline is extended
until 11:59pm Sunday, December 28, 2008 and the Wednesday,
December 31, 2008 bidding deadline is extended until 11:59pm
Thursday, January 1, 2009. All bids received on December
24th, 25th, 26th, 27th, and 28th will be considered to have
been received simultaneously and bid results will be
published on Monday, December 29th, 2008. All bids received
on December 31st and January 1st will also be considered to
have been received simultaneously and bid results will be
published on Friday, January 2, 2009. Happy Holidays!
11/19/2008 - OFFICE CLOSED - THANKSGIVINGS DAY
HOLIDAY
Our offices will be closed on Thursday
November 27th, 2008 in observance of Thanksgiving Day. The
Wednesday November 26th, 2008 bidding deadline is extended
until 11:59pm Thursday November 27th, 2008. All bids
received on November 26th and 27th, 2008 will be considered
to have been received simultaneously and the bid results
will be published on Friday, November 28th, 2008. Happy
Thanksgiving Day!
11/06/2008 OFFICE CLOSED
TUESDAY - VETERAN'S MEMORIAL DAY
Our offices will be closed on Tuesday, November 11, 2008 in
observance of Veteran’s Day. The Monday, November 10, 2008
bidding deadline is extended until 11:59pm Tuesday, November
11, 2008. All bids received on November 10th & 11th, 2008
will be considered to have been received simultaneously and
bid results will be published on Wednesday, November 12,
2008. Have a safe Veteran's Memorial Day!
11/04/2008 Best Assets, Inc - Request for Vendor
Services
Best Assets, Inc is seeking
Contractors for the following services:
| Abatement |
FHA
Appraisers |
Inspections |
Plumbers |
| Debris
Removal |
Hazardous
Mat Removal |
Int-Ext
Cleaning |
Repairs |
| Electricians |
HVAC |
Lawn Care |
Termite
Treatments |
Please view the attach maps (Iowa,
Minnesota,
Nebraska,
North Dakota,
South Dakota,
Wisconsin) for
needed coverage areas. To
register please visit our website at
www.best-assets.com
or contact Kimberly Dabney via email
kdabney@thebtsteam.com.
Internet access required
10/06/08 OFFICE CLOSED - Columbus Day
Holiday
COLUMBUS DAY HOLIDAY:
Our offices will
be closed on Monday, October 13, 2008 in observance of
Columbus Day. The Sunday, October 12, 2008 bidding
deadline is extended until Monday, October 13, 2008 at 11:59
pm. All bids received on Sunday, October 12th and
Monday, October 13th will be considered to have been
received simultaneously and bid results will be posted on
Tuesday, October 14, 2008. Happy Columbus Day!
09/03/08 $100 Down Payment for Owner
Occupants
The $100 Down offer applies if
the purchase price is less than or equal to the appraised
value of the property. If the purchase price is greater than
the appraised value, the purchaser may obtain a new FHA
appraisal to support the higher mortgage amount or must pay
cash in the amount of the difference between the appraisal
and the price less $100.
08/22/08 Labor
Day Holiday
Our offices will
be closed on Monday, September 1, 2008 in observance of
Labor Day. The Sunday, August 31, 2008 bidding deadline is
extended until Monday, September 1, 2008 at 11:59 pm. All
bids received on Sunday, August 31st and Monday, September
1st will be considered to have been received simultaneously
and bid results will be posted on Tuesday, September 2,
2008.
Enjoy your Labor Day
Holiday!
6/19/2008
Independence Day Holiday
In observance of
Independence Day Holiday, Best Assets office will be closed
on Friday, July 4th, 2008. All bids received on Friday July
4th, Saturday July 5th and Sunday July 6th, 2008 will be
considered to have been received simultaneously and bid
results will be published on Monday, July 7th, 2008. There
will be no changes to the Monday, July 7th, 2008 owner
occupant bidding deadline. Listings will be posted on
Thursday, July 3, 2008.
6/19/2008
NOTICE For The Flooding Situation
Many properties have been removed from
the Best Assets listing website because of the recent storms
and flooding in the area. This is done as a
precautionary measure to ensure our properties are in the
best possible condition prior to re-listing them.
Please contact your listing broker regarding any properties
you were interested in. Additional information on the
areas impacted by the flood can be found on HUD’s website.
Click on the link:
http://www.hud.gov/news/release.cfm?content=pr08-083.cfm
5/19/2008 Office Closed
Memorial Day
Best Assets, Inc
office will be CLOSED. The
office will be closed on Monday, May 26, 2007 in observance
of Memorial Day. The Sunday, May 25, 2007 bidding deadline
is extended until 11:59pm Monday, May 26, 2007. All bids
received on May 25 and 26 will be considered to have been
received simultaneously and bid results will be published on
Tuesday, May 27, 2007. Happy Memorial Day!
2/12/2008 Office Closed - President's
Day
Our offices will be closed on Monday, February 18, 2008
in observance of President’s Day. The Sunday, February 17,
2008 bidding deadline is extended until 11:59pm Monday,
February 18, 2008. All bids received on February 17th and
18th will be considered to have been received simultaneously
and bid results will be published on Tuesday, February 19,
2008. Happy President Day!
1/15/2008
Office Closed - Rev. Dr. Martin Luther
King Jr. Memorial Holiday!
Our offices will be closed
on Monday, January 21, 2008 in observance of Martin Luther
King Memorial Day. The Sunday, January 20, 2008 bidding
deadline is extended until 11:59pm Monday, January 21, 2008.
All bids received on January 20th and 21st will be
considered to have been received simultaneously and bid
results will be published on Tuesday, January 22, 2008.
Happy Martin Luther King Day!
12/19/2007 Office Closed Christmas &
New Years Holiday
Our offices will be closed on Monday
and Tuesday, December 24 and 25, 2007, and Tuesday, January
1, 2008 in observance of the holidays. The Sunday, December
23, 2007 bidding deadline is extended until 11:59pm Tuesday,
December 25, 2007 and the Monday, December 31, 2007 bidding
deadline is extended until 11:59pm Tuesday, January 1, 2008.
All bids received on December 24th and 25th will be
considered to have been received simultaneously and bid
results will be published on Wednesday, December 26th, 2007.
All bids received on December 31st and January 1st will also
be considered to have been received simultaneously and bid
results will be published on Wednesday, January 2, 2008.
Happy Holidays!
11/20/2007 Thanksgiving
Holiday
Our offices will be closed on Thursday November 22, 2007 in
observance of the Thanksgiving Holiday. The Wednesday
November 21, 2007 bidding deadline is extended until 11:59
pm Thursday November 22, 2007. All bids received on November
21st & 22nd, 2007 will be considered to have been received
simultaneously and bid results will be published on Friday,
November 23, 2007.
11/19/2007
New HUD Sales Incentives
Effective November 30, 2007
$100 Down Payment!
Use FHA Financing to Buy a HUD
Home!
Only
for Owner Occupant purchases who finance with an FHA insured
loan.
$500 Broker Bonus!
Selling
Brokers you can receive an extra $500 for securing
and closing a full price owner occupant and investor sale.
$1,000 Sales Allowance paid at closing
to the purchaser!
Owner Occupant purchasers that make a
full price offer under $50,000 will receive a $1,000 Sales
Allowance paid at closing.
$1,500 Sales
Allowance paid at closing to the purchaser!
Owner Occupant
purchasers that make a full price offer equal to or over
$50,000 will receive an $1,500 Sales Allowance paid at
closing.
THESE INCENTIVES ARE NOT AVAILABLE FOR CURRENT ACCEPTED
OR EXECUTED OFFERS PRIOR TO THE EFFECTIVE DATE OF NOVEMBER
30, 2007.
11/09/2007
VETERANS DAY!
Our offices will be
closed on Monday November 12, 2007 in observance of
Veteran’s Day. The Sunday November 11, 2007 bidding deadline
is extended until 11:59pm Monday November 12, 2007. All bids
received on November 11th & 12th, 2007 will be considered to
have been received simultaneously and bid results will be
published on Tuesday, November 13, 2007. Have a safe and
happy holiday!
09/05/2007
COLUMBUS DAY HOLIDAY!
Our offices will be closed on Monday,
October 8, in observance of Columbus Day Holiday. The
Sunday, October 7, 2007 bidding deadline is extended until
11:59 pm Monday, October 8, 2007. All bids received on
October 7th and 8th will be considered to have been received
simultaneously and bid results will be published on Tuesday,
October 9, 2007. Enjoy your Columbus Day Holiday!
8/27/2007 LABOR DAY HOLIDAY!
Our offices will be closed on Monday, September 3,
in observance of Labor Day Holiday. The Sunday, September 2, 2007 bidding deadline is extended
until 11:59 pm Monday, September 3, 2007. All bids received on September 2nd and 3rd will be
considered to have been received simultaneously and bid results will be published on Tuesday,
September 4, 2007. Enjoy your Labor Day Holiday!
8/7/2007 BEST-ASSETS LISTINGS WEB SITE - MAINTENANCE SCHEDULE:
A maintenance task has been scheduled on The LISTINGS and BIDDING website.
Therefore, it will be taken down on 08/08/07 00:00 AM. The maintenance is
expected to be complete in one hour and the web site to be up on 08/08/07 at
1:00 AM.
Thank you.
8/6/2007 NOTICE TO ALL BIDDERS:
The LISTING AND BIDDING website was down on Sunday, 8-5-07. Due to this
outage, the bid deadline for both Owner Occupants and General Public bids is
extended thru today, 8-6-07.
All Owner-Occupant offers received on 8-6-07 shall be considered to have
been received simultaneously with the new listings from 7-27-07.
All General Public offers received on 8-6-07 shall be considered to have
been received simultaneously with the listings from 8-3-07.
In order to be valid for the above periods, bids must be completed and
confirmed on the Internet today. All confirmed bids will be reviewed and
posted at 1:00 p.m. tomorrow, 8-7-07.
7/3/2007 NOTICE TO ALL BIDDERS:
Please be advised that effective Thursday, July 4, 2007, 2:00 AM, BestAssets Internet Bidding System address will change to the following: http://www.tenmanagement.com/listings Please make note of the above, update your bookmarks and direct all bidding information to the new address. Thank you.
6/28/2007 INDEPENDENCE DAY HOLIDAY
Our office
will be closed on Wednesday, July 4th, 2007 in observance of
Independence Day. The Tuesday, July 3rd, 2007 bidding
deadline is extended until 11:59pm Wednesday, July 4, 2007.
All bids received on July 3rd and 4th, 2007 will be
considered to have been received simultaneously and bid
results will be published on Thursday, July 5th, 2007.
HAPPY 4th of JULY!
5/31/2007 LISTING FOR MAY 25, 2007 REMOVED
The properties that were listed with a start
date of May 25, 2007 and a final bid date of June 3, 2007 have been removed from the
website due to technology difficulties. The properties that appeared in that listing
period will be available for bidding on June 1, 2007 with a final bid date of June 10, 2007.
All bids placed during the May 25th bidding period must be resubmitted for consideration.
5/30/2007 Technical Difficulties with Owner Occupancy Bids
Due to technology difficulties the exclusive bids for the owner
occupant period 05/29/07 were not disclosed until today 05/30/07; please review the
bid result section of BestAssets website for accepted offers. Agents and Buyers have
48 hours from today’s date to submit the completed contract packages.
5/23/2007 MEMORIAL DAY - Best Assets, Inc office CLOSED
Our offices will be closed on Monday, May 28, 2007 in
observance of Memorial Day. The Sunday, May 27, 2007 bidding deadline is
extended until 11:59pm Monday, May 28, 2007. All bids received on May 27 and 28
will be considered to have been received simultaneously and bid results will be
published on Tuesday, May 29, 2007. Happy Memorial Day!
3/22/2007 SALES CONTRACT FORM 9548
- All bids awarded
on and after April 1, 2007 must have a contract expiration
time of 45 days on line 9 of the Sales Contract Form
9548. BestAssets will no longer execute contract with 60
days expiration time.
2/9/2007 President's Day - Best
Assets, Inc Office Closed
Our offices will be closed on Monday,
February 19, 2007 in observance of President’s Day. The
Sunday, February 18, 2007 bidding deadline is extended until
11:59pm Monday, February 19, 2007. All bids received on
February 18th and 19th will be considered to have been
received simultaneously and bid results will be published on
Tuesday, February 20, 2007.
Happy President’s Day!
1/2/2007 Rev. Dr. Martin Luther King Jr. Memorial Holiday!
Our offices will be closed on
Monday, January 15, 2007 in observance of Martin Luther King
Memorial Day. The Sunday, January 14, 2007 bidding deadline is
extended until 11:59pm Monday, January 15, 2007. All bids received
on January 14th and 15th will be considered to have been received
simultaneously and bid results will be published on Tuesday,
January 16, 2007. Enjoy Martin Luther King Memorial Day!
12/19/2006 HOLIDAYS!
Our offices will be closed
on Monday, December 25, 2006 and January 1, 2007 in
observance of the holidays. The Sunday, December 24, 2006
bidding deadline is extended until 11:59pm Monday, December
25, 2006 and the Sunday, December 31, 2006 bidding deadline
is extended until 11:59pm Monday, January 1, 2007. All bids
received on December 24th and 25th will be considered to
have been received simultaneously and bid results will be
published on Tuesday, December 26th, 2006. All bids received
on December 31st and January 1st will be considered to have
been received simultaneously and bid results will be
published on Tuesday, January 2, 2007. Happy Holidays!
12/06/2006 - HOLIDAY SALES INCENTIVES
FHA Brings the Holidays Home Sales Campaign:
In an effort to increase owner-occupant ownership and FHA endorsements, HUD has
approved the following marketing incentives in conjunction with the sale of HUD
homes during this holiday season:
- $100 Down Payment
- $2,500 Holiday
Improvement Allowance
- $500 Selling Broker Bonus
To be eligible for the aforementioned incentives, purchasers must agree to be
owner-occupants and utilize FHA insured financing.
Eligible properties include all HUD-owned properties advertised to the general public,
beginning with the listings Friday December 8, 2006 and expiring midnight January 5, 2007
and includes all extended listings during this timeframe.
This offer excludes direct sales such as Good Neighbor Next Door, sales to nonprofit
organizations, sales to disaster evacuees, and Asset Control sales.
The Holiday Improvement Allowance will be reflected as a buyer credit on the HUD-1 Settlement
Statement and may be used by the homebuyer for cosmetic repairs such as new flooring, kitchen
cabinetry, appliances, interior/exterior painting, landscaping, etc. The allowance may not be
used to pay the down payment or closing costs.
All bid packages must be submitted within 48 hours of being awarded
in the bid results section of the website. The final bid packages
to qualify for this program must be submitted by midnight Friday,
January 5, 2007.
For more information, please click here. 11/22/2006 - THANKSGIVING DAY
Our offices will be closed on Thursday November 23rd, 2006 in observance of
Thanksgiving Day. The Wednesday November 22nd, 2006 bidding deadline is extended
until 11:59pm Thursday November 23rd, 2006. All bids received on November
22nd and 23rd, 2006 will be considered to have been received simultaneously and bid
results will be published on Friday, November 24th, 2006. Happy Thanksgiving Day!
11/3/2006 - Clarification of the terms "closing costs", "selling broker commissions", and "downpayment":
Per the DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, 24 CFR Part 291,[Docket No. FR-4712-F-03], RIN 2502-AH72. Section III # 5 states the following:
Clarification of the terms "closing costs", "selling broker commissions", and "downpayment".
This final rule continues to provide that HUD will not pay a buyer's closing costs on the
purchase of a property through the GNND Sales Program. Further, HUD has revised the rule
to specify that in no event will HUD pay selling broker commissions. The addition of this phrase
clarifies that the purchaser is wholly responsible for paying closing costs and selling broker
commissions in a transaction under this program. The closing costs are expenses borne by the
purchaser to complete the sale. The selling broker's commission is one component of the closing
costs owed by the purchaser.
The revision also serves to clarify that closing costs and selling broker commissions are not
properly considered to be part of a required downpayment. The downpayment is a financial outlay
made by the purchaser to acquire equity in the property and does not include closing or other
costs that do not represent an investment in equity.
More information will be coming out on this program on or after Dec. 1st, 2006.
11/3/2006 - Veterans Day Holiday
Our offices will be closed on Friday, November 10, 2006 in observance of
Veterans Day. All bids submitted Thursday will be reviewed on Monday
simultaneously with those submitted Friday, Saturday and Sunday. Happy Veterans Day!
9/14/2006 - New Closing Cost Guidelines
Effective Oct. 12th, 2006
For all contracts executed on or after October 12th, HUD will pay up to and
may not to exceed 3% of all closing costs considered to be reasonable and customary in
the jurisdiction where the property is located. If the total closing costs reflected
on the HUD 1 settlement statement are less than the amount indicated on the
sales contract, HUD will reimburse only the actual costs charged and will not credit
the purchaser with any difference either in cash or through a reduced purchase price.
Within the three percent (3%) allowance, HUD will reimburse loan origination fees up
to one percent of the mortgage. However, on an FHA 203(k) rehabilitation mortgage loan,
HUD will reimburse one and a half percent (1.5%) of the mortgage.
Please review HUD Notice H-2006-12.
9/1/2006 - Labor Day Holiday
Our offices will be closed on Monday September 4, 2006 in observance of
Labor Day. The Sunday September 3, 2006 bidding deadline is extended
until 11:59pm Monday September 4, 2006. All bids received on September
3rd and 4th, 2006 will be considered to have been received simultaneously
and bid results will be published on Tuesday, September 5th, 2006.
HAPPY LABOR DAY!
06/26/2006 - Fourth of July Holiday
Our offices will be closed on Tuesday July 4th, 2006 in observance of
Independence Day. The Monday, July 3rd, 2006 bidding deadline is extended
until 11:59pm Tuesday July 4, 2006. All bids received on July 3rd and 4th, 2006
will be considered to have been received simultaneously and bid results will
be published on Wednesday July 5th, 2006. HAPPY 4th of JULY!
05/18/2006 - Memorial Day
Our offices will be closed on Monday,
May 29, 2006 in observance of Memorial Day. The Sunday, May 28,
2006 bidding deadline is extended until 11:59pm Monday, May 29,
2006. All bids received on May 28 and 29 will be considered to
have been received simultaneously and bid results will be
published on Tuesday, May 30, 2006. Happy Memorial Day!
03/28/2006 - HUD Broker and Agent Training Seminar
The United States Department of Housing and Urban Development Marketing and
Management Contractor for Iowa, Minnesota, Nebraska, North Dakota,
South Dakota and Wisconsin will be conducting Training Seminars on "How to
Sell HUD Homes"
Topics for discussion include, electronic bidding, bid results, the contract
and required documents, information on the closing attorney's and much more!
Register online. Seating is limited and reservations
are required. Walk-ins are not accepted.
02/15/2006 - President Day
Our offices will be closed on Monday, February 20, 2006 in observance of
President's Day. The Sunday, February 19, 2006 bidding deadline is extended
until 11:59pm Monday, February 20, 2006. All bids received on February 19th
and 20th will be considered to have been received simultaneously and bid
results will be published on Tuesday, February 21, 2006. Happy President's
Day!
01/09/2006 - Martin Luther
King Holiday
Our offices will be closed on Monday, January 16th, 2006 in
observance of Martin Luther King Day. The Sunday, January
15th, 2006 bidding deadline is extended until 11:59pm Monday,
January 16th, 2006. All bids received on January 15th &
16th will be considered to have been received simultaneously
and bid results will be published on Tuesday, January 17tht,
2006. Thank you.
12/20/2005 - Holidays
Our offices will be closed on Monday, December 26, 2005 and
January 2, 2006 in observance of the holidays. The Sunday,
December 25, 2005 bidding deadline is extended until 11:59pm
Monday, December 26, 2005 and the Sunday, January 1, 2006
bidding deadline is extended until 11:59pm Monday, January
2, 2006. All bids received on December 25th and 26th will
be considered to have been received simultaneously and bid
results will be published on Tuesday, December 27th, 2005.
All bids received on January 1st and 2nd will be considered
to have been received simultaneously and bid results will
be published on Tuesday, January 3, 2006. Happy Holidays!
11/22/2005 - Thanksgiving
Day
Our offices will be closed on Thursday November 24th, 2005
in observance of Thanksgiving Day. The Wednesday November
23rd, 2005 bidding deadline is extended until 11:59pm Thursday
November 24th, 2005. All bids received on November 23rd and
24th, 2005 will be considered to have been received simultaneously
and bid results will be published on Friday, November 25th,
2005. Happy Thanksgiving Day!
11/08/2005 - VETERANS DAY
Our offices will be closed on Friday, November 11, 2005 in
observance of Veterans Day. Happy Veterans Day!
10/04/2005 - Columbus Day
Our offices will be closed on Monday, October
10, 2005 in observance of Columbus Day. The Sunday, October
9, 2005 bidding deadline is extended until 11:59pm Monday,
October 10, 2005. All bids received on October 9 and 10, 2005
will be considered to have been received simultaneously and
bid results will be published on Tuesday, October 11th, 2005.
Happy Columbus Day!
02/23/2005 - The LISTING AND BIDDING
website was down between 7pm (EST) 02/22 and 9am (EST) 02/23.
Bidding normally opened on Wednesday 02/23 is therefore extended
an additional day.
01/19/2005 - Attention:
Brokers and Buyers in North Dakota, South Dakota, Nebraska,
Minnesota, Wisconsin and Iowa. This regions will host a number
of Community Outreach Events in February and March in each
state. For a complete list of event dates, locations and how
to RSVP, click
here.
01/17/2005
-ATTN. ALL BROKERS - In observance of the Martin Luther King
Holiday, BestAssets will be closed on Monday, January 17,
2005. All daily bids received Friday, January 14th through
January 17th 2005 will be open simultaneously on Tuesday,
January 18, 2005 for review.
11/19/2004 -New property listings available
for North
Dakota, South
Dakota, Iowa,
Nebraska,
Minnesota
and Wisconsin,
as of Friday, November 2004.
10/1/2004 - ATTN ALL BROKERS IN NORTH DAKOTA, SOUTH DAKOTA,
IOWA, NEBRASKA, MINNESOTA and WISCONSIN: Please be aware that
BestAssets is scheduled to assume full management and marketing
services responsibilities for HUD homes in these states on
December 16, 2004. On October 1, 2004 BestAssets will begin
performance of all contract services related to Conveyances,
Custodial Properties, Pre-conveyance Approvals and Pending
Mortgagee Requests. On November 1, unsold inventory from First
Preston will be assigned to BestAssets for review and audit.
Properties under contract will continue to be managed by First
Preston until December 16, 2004.
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