1. HUD Listing Periods
For Insured (IN or IE)
Listing Period
Lottery*
Eligible Bidders
GNND
Period Duration
7 days
Bids Opened
8th day
Exclusive
Extended
Dollar**
Extended (no time limit)
O, NP, GOV
O, NP, GOV, I
GOV
O, NP, GOV, I
15 days
180 Listed Days
10 days
No time limit
11th day, then daily
Daily
Daily
Daily
For Uninsured(UI)
Listing Period
Lottery
Eligible Bidders
NP, GOV, GNND****
Period Duration
7 days
Bids Opened
8th day
Exclusive
Extended
Dollar**
Extended (no time limit)
O, NP, GOV
O, NP, GOV, I
GOV
O, NP, GOV, I
5 days
180 Listed Days
10 days
No time limit
6th day
Daily
Daily
Daily
Legend:
Financing Options
IN = Insured
IE = Insured with Repair Escrow
UI = Uninsured
Eligible Bidders
O = Owner Occupant
I = Investor
NP = HUD Approved Nonprofit***
GOV = HUD Approved Government Agency
GNND = Good Neighbor Next Door****
*If applicable to the specific property otherwise property starts in the Exclusive period.
**This period begins on the 181st day for homes with an as-is appraised value of $25,000 or less. During this
period only local government agencies may purchase the property.
***NP must be on the HUD approved nonprofit list. For more information please
go to http://mcaf.ee/ys293.
****GNND are only eligible for single units in revitalization areas. Not all Lottery Round properties are eligible.
For more information please go to http://mcaf.ee/gqmp1.