LOTTERY

The Direct Sales Internet Lottery process works as follows:
• Properties are listed every Friday.
• The properties will stay listed until Thursday of the following week.
• This is your opportunity to perform due diligence.
• If no Intent is received on a property before the above deadline, then the property will be removed from the list and will be made available to the public.
• After you have completed due diligence, you can submit your intent by clicking the "Intent to purchase" button. The system will assign a random lottery number and a confirmation number of your transmission.
• The lottery numbers will be used to select the winner. In the event that you accidentally submit more than one "Intent" on the same property, the first lottery number (at earlier transmission) assigned to you will be used for the lottery.
• The Lottery Results will be posted on Friday morning.
• Please check the Lottery Results promptly to verify whether you have been declared the winner. 
• The deadline to submit a completed and signed sales contract package to BestAssets Office is the next Thursday at 4:30 p.m. for ND, SD, NE, MN, WI, and IA.
• Under the OND/TND Program, law enforcement officers and Teachers may submit the sale package themselves or through a non-profit, housing counseling agency, or real estate broker. Any real estate broker commission must be indicated on line 6a. of the sales contract and will be deducted from the discount. This amount may not exceed 5%.

Closing costs to be paid by HUD must be indicated on line 5 of the sales contract and will be deducted from the discount. This amount may not exceed 5%.
For a list of available OND/TND and NP HUD-home Listings, click on the appropriate State button below: