Counter offer rebid on HUD home house?

I found out I just got out bid on a HUD home, can I rebid or counter bid on this property ?Counter offer rebid on HUD home house?
No, HUD collects all of the bids and picks the top one. It is a one shot deal. When your agent found out you were out bid it was already too late, someone else has the offer.





If the offer falls though HUD sends it though the program again, you start from scratch.Counter offer rebid on HUD home house?
Generally, no. The bidding process accepts the highest net to HUD, and does not allow for counteroffers, etc. Only if the successful bidder does not close and the house goes back into HUD's system will you be allowed to rebid.
You will have to check with the listing agent. In most cases, top bid wins, but if the contract date has not expired, you may be able to raise your offer.
You can always try - if its worth it to you. Check with the authorized agent.