| To bid on a HUD Home
you must first have a letter of
pre-qualification, on the Lender's letterhead, stating you are qualified to purchase for at least the bid price.
There is a simple reason HUD requires this. HUD will
only take a home off the market for buyers who are able to
obtain financing and close. To obtain a letter you contact any HUD approved mortgage lender or
contact David Dikeman at Wells Fargo Home Mortgage, the
largest mortgage company in the United States.
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