When is a hud property in conveyance condition?

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1226188

2026-02-14 19:55

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A HUD property is considered to be in "conveyance condition" when it meets the standards set by the U.S. Department of Housing and Urban Development for sale to buyers. This typically means the property is free of significant defects, has functioning utilities, and is safe for occupancy. However, minor repairs or cosmetic issues may still exist. Buyers should conduct a thorough inspection to understand the property's condition before purchase.

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