FORMS

Sales Contracts Form 9548 is now available in pdf FILLABLE format. Using a pdf Reader such as Acrobat Reader, you can fill the fields on the Sales Contract Form before printing it.

Zero Tolerance Policy - All names and Identification numbers entered on the initial bid submission must be correct and spelled as they legally appear on the Driver’s License and Social Security Card. All the information on the initial bid submission must match the 9548 contract. If any names or identification numbers are entered incorrectly on the initial bid submission or the initial bid submission does not match the 9548 contract, BestAssets on behalf of HUD will cancel your contract. Because of this policy, we strongly recommend viewing or obtaining a copy of the buyer(s) Drivers License and Social Security Card prior to submitting the initial bid and completing the sales contract.

All forms including the Sales Contract form 9548 can be downloaded from our website. Please see below. BestAssets does not stock Sales Contracts or any other forms for mail distribution.

To obtain an original NEW HUD Sales Contract Form 9548 Revision (1/99):

• Contact HUD at 1.800.767.7468
• Email HUD (include your City/State): HUD Form Request
• Contact our offices
  

Required Contract Documents

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If your bid is selected, a completed contract (with the required Addenda) must be in our office within the next 48 hours of Bid Results Publication or it will be considered canceled and the second highest acceptable net bid to HUD will be selected.

If after submitting your contract to Best Assets and it requires a change, then it must be in our office within 24 hours or it will be canceled and the second highest acceptable net bid to HUD will be selected.

Required Contract and Addendums in PDF format

• Fillable Sales Contract Form 9548 (Page 2 is intentionally blank.) Click here to view Sample contract with instructions.
• BA Incentive Addendum
• Inspection Addendum
• Closing Extension Request Form
• Lead Base Paint Addendum - Please refer to your property on the property listing or bid results (if your bid has been awarded) for downloading.
• Owner Occupant Certification Form
• Notice to Purchaser Addendum
• Radon Gas and Mold Form and Release Agreement
• Flood Zone Addendum
• Utility Activation Form (optional form, if applicable - All funds should be made out to BestAssets)
• Methamphetamine Disclosure Form for seller (Minneapolis and South Dakota only) - Please refer to your property on the property listing or bid results (if your bid has been awarded) for downloading.
• Letter from a Financial Institution acknowledging that purchaser has funds available for down payment.
• Mortgage Pre-Qualification Letter from a lending institution stating the dollar amount the buyer is pre-qualified for.  This must be on the lending institution’s letterhead.  It must state that an in-house credit check has been performed and the purchaser has been pre-qualified for a mortgage up to a specified dollar amount.
• Certification from a Financial Institution, if the purchase is cash, stating that funds are available on the day of closing.

Certification of Owner-Occupant Status:  All bids by owner-occupants, who are purchasing properties listed in the owner-occupant category, must include an Owner-Occupant Certification.  Sanctions will be immediately imposed upon Brokers, Agents and Investors found to be abusing the system.

For GNND required addenda, click here.

SAMS Forms for Broker NAID Registration/Recertification (All brokers required to recertify annually/Nonprofits required to recertify every two years.)

Attention All Name and Address Identifier (NAID) Applicants: All NAID application packages received will be returned if the broker’s license expires within 3 months of the application/recertification date. Please renew your license with your state before submitting your NAID packet.

Broker NAID Packet for downloading (Broker Registration/Recertification Checklist, SAMS Form 1111, Form 1111-A)