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Offer Status
How can I see the status of bids for the property I made an offer on?
Once you've logged in, you can click on Bidder Functions on the top right of your screen and review your bids. You will not be able to view bids other than those you have entered yourself.
What are the different bid statuses?
What are the different bid statuses?
AC: Accepted - The AM has ACCEPTED your bid. Please ensure that all documentation is in order and has been sent to the AM for review. Failure to do so in a timely manner may result in your bid being canceled.
CA: Canceled - Your bid was canceled by the AM.
OBC: Other Bid under Contract - Your bid was NOT selected. The AM entered into a Sales Contract on another bid. If you elected your bid to be a backup, your bid will be saved for future consideration in case the contract gets canceled.
OBS: Other Bid Selected - This bid has NOT been selected. The AM has a preliminary contract acceptance from a different bidder for this property. If you elected your bid to be a backup, your bid will be saved for future consideration.
PR: Pending Review - Your sealed bid is Pending Review and is not currently available to the AM. You cannot modify or withdraw this bid. Bids from a previous bid-opening date are still under review. The AM does not have any additional information at this time.
SB: Sealed Bid - Your bid is sealed and is not available to the AM. You can modify or withdraw the bid.
UR: Under Review - The AM is currently reviewing your bid and others from this bid-opening date.
WI: Withdrawn - You withdrew your bid from consideration before the AM reviewed the bid.
What happened to my bid?
What happened to my bid?
If you place a bid today, it will not be reviewed by the Asset Manager until the Bid Open Date, which is the day after the Bid Submission Deadline. However, your bid may remain unreviewed or the Bid Period may end immediately for one of the following reasons:
(1) The Asset Manager accepts a bid from an earlier bidding period. This immediately ends the Bid Period. A message is posted saying the property is “Pending Offer” or “Under contract” and “bids are not being accepted at this time.” On the next update, the home is removed from the “Listed for Sale” portion of the web site.
(2) If there are no unopened bids on the home, the Asset Manager can take the home off the market, and may or may not relist it. If this happens,
the Bid Period ends early, and a message is posted saying the home is currently not for sale and bids are not being accepted at this time.
Cancelling an Offer
Can I cancel an offer after it has been submitted?
Yes you can cancel an offer after it has been submitted, until the bid opening date. Log in to HUDHomestore.com, click Bidder Functions, and go to Review your Bids. Click the bid you want to cancel. Click the Withdraw this Bid button. A summary screen will appear, and you will again have to click the Withdraw this Bid. The bid is then withdrawn from consideration by HUD. You will not be able to cancel an offer after the bid opening date has passed.
How do I find out if an offer has been accepted?
It remains the responsibility of the bidder to review the status of all submitted bids on HUDHomestore.com. On the Review your Bids screen, you can filter to find all accepted bids. Automated emails are generated from the system as a courtesy but should not be relied upon for notification of accepted bids.
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