FHA Single Family Housing Policy Handbook 4000.1, Part IV — b. List Price (09/30/2016)

hud-4000-1-iv-b-list-price

FHA Single Family Housing Policy Handbook 4000.1, Part IV — b. List Price (09/30/2016).

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  id: hud-4000-1-iv-b-list-price
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part IV — b. List Price (09/30/2016)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part IV — b. List Price (09/30/2016).
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      paragraph_quote: b. List Price (09/30/2016) i. Definition List Price is the “asking price” of a Property based on Market Value. ii. Standard HUD will offer a Property for sale at the list price based on Market Value, reflecting the highest and best use in the current market, competitive with Properties being offered by other sellers. The AM will monitor assigned transactions to ensure that Properties are valued and sold in a manner in accordance with market conditions. For vacant lots, HUD will offer the lots at the estimated Market Value of the lot based on comparable vacant lot prices, considering highest and best use.

Verbatim regulatory text (1)

Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part IV — b. List Price (09/30/2016) — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

FHA Single Family Housing Policy Handbook 4000.1, Part IV — b. List Price (09/30/2016)

b. List Price (09/30/2016) i. Definition List Price is the “asking price” of a Property based on Market Value. ii. Standard HUD will offer a Property for sale at the list price based on Market Value, reflecting the highest and best use in the current market, competitive with Properties being offered by other sellers. The AM will monitor assigned transactions to ensure that Properties are valued and sold in a manner in accordance with market conditions. For vacant lots, HUD will offer the lots at the estimated Market Value of the lot based on comparable vacant lot prices, considering highest and best use.

Source: FHA Single Family Housing Policy Handbook 4000.1, Part IV — b. List Price (09/30/2016) · source URL · snapshot 8c03836f77f317e1