Department of Housing and Urban Development, Atlanta Field Contracting Operations, Atlanta Contracting Operations, 40 Marrietta Street, 15th Floor, Atlanta, GA, 30303-2806

R -- R -- REAL ESTATE SALES CLOSING SERVICES FOR THE STATE OF ILLINOIS SOL R-2000-4AH-00884 DUE 092200 POC Michael Johnson, Contract Specialist, Phone 404-331-5001 x2572, Fax 404-730-3426, Email Michael_P._Johnson@hud.gov WEB: Visit this URL for the latest information about this, http://www2.eps.gov/cgi-bin/WebObjects/EPS?ACode=R&ProjID=R-2000-4AH-00884&LocID=3048. E-MAIL: Michael Johnson, Michael_P._Johnson@hud.gov. The U.S. Department of Housing and Urban Development (HUD) is seeking contractors to provide Real Estate Sales Closing Services for the State of Illinois for its Single Family Properties. Following is a brief description of the requirements for these services. (a) The sale of all properties assigned to the contract close within the time stipulated by the HUD-9548. The maximum time allowed for sales closing is 60 calendar days from the date of execution of the HUD-9548 by HUD, or other time frame as may be stipulated by the HUD-9548, whichever is less; (b) Lenders shall "table fund" all closings so that the funds are available at the time of closing. Closing Agents shall not shedule or hold a closing unless the closing can be "table funded" by the lender; (c) Prompt and accurate payment of all closing charges are made; (d) The net proceeds of each sale are wire transferred to HUD's account with the U.S. Treasury on the day of closing or no later than the next banking day; (e) The complete and accurate closing package is submitted to the M&M within two (2) business days of closing; and (f) HUD does not require a title policy to close HUD properties. The contractor shall not influence the purchaser to purchase a title policy. The purchase of a title policy is strictly at the purchaser's discretion. The choice of Title Company used shall be left to the purchaser, the broker/agent or lender. No fees shall be collected by contractor from any title company as a result of ordering title policies or commitments for HUD-owned property. HUD is seeking a small business concern for these services. The SIC code is 7389 and the size standard is $5.0 million. If you are a small business concern and desire to compete for these services, please fax or email your name, business name, address, email address, telephone and fax number. Mr. Johnson's email's address is Michael_P._Johnson@HUD.GOV and fax number is (404) 730-3426. Posted 08/24/00 (D-SN489752). (0237)

Loren Data Corp. http://www.ld.com (SYN# 0122 20000828\R-0026.SOL)

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