Please be advised that HomeSource Real Estate
Asset Services, Inc. is no longer the
M & M Contractor in MD and DC for HUD owned properties. For
access (how to obtain the 6 keys needed
to enter all HUD properties) and further information
about HUD properties, please visit the new HUD website for
properties in all 50 States at
www.hudhomestore.com.
The properties will be on MRIS with showing instructions as
well.
For the New Contract
areas of MD, DC, VA, WV, OH, MI, PA & DE There are 3 Field Service Contractors (Property Managers)
and 3 Asset Manager Contractors (Marketing) you may call to
inquire if they have the property you are interested in gaining
access to:
Field Service
ContractorsAsset Managers
1.A2Z Field
Services 800-713-20011. Matt Martin RE
Mgmt. 703-766-5777
2.Innotion
Enterprises 703-351-81512.Ofori REO
860-846-7700
3.Cityside
Management 866-211-83133.HomeTelos
866-971-2109
As of 10-28-2010 the set of HUD keys issued by HomeSource
(silver and gold Nu Set Keys) will begin to change to the new M
& M Contractor Keys. Please visit
www.hudhomestore.com
to find the property you are interested in and the new M & M III
Contractors will have instructions to gain access to the
property. Also showing instructions will be placed in MRIS as
the properties are made available for market.
TRANSITION TO M&M III
Under M&M III, HUD homes will be managed by various Field
Service Managers (FSMs) for property maintenance issues and
Asset Managers (AMs) for marketing services. There will be
more than one FSM and AM for your area. For a listing
of designated FSMs and AMs, please refer to
www.hudhomestore.com
for further assistance.
Effective November 13, 2010 HomeSource will no longer be
Marketing and Managing HUD owned properties.
Transfer & Recordation Taxes *Please note HUD is exempt as a Federal Government
Agency from Transfer & Recordation charges,
therefore whatever T & R charges required @ settlement they are the responsibility of the buyer.
Please verify with your title company for details.
Attention Agents
Appraisals and Over-Bidding If your client is using FHA Financing They Must
use our FHA Appraisal.
The Lender can simply request a copy using the Appraisal Request Form.
If your client Bids OVER the As-Is value listed on the website and is using FHA
financing, THEY MUST pay the difference between the as-is appraised value and
their bid in CASH at closing.
BECO Park at Forbes Center
4423 Forbes Blvd
Lanham, MD 20706
