Buying house before it goes to Hudhomestore?

[Fausto Carosella]

Hey all,

I've been consistently going by a house while driving for dollars that's been pretty rundown. Upon my research I saw its owner is listed as "John Smith Est". Upon further research I discovered HUD took back the house from JP Morgan Chase after the owner died for the amount of 129,000 (when it was last purchased for 33k). I went to Hudhomestore to see if it's listed, which it's not. Is anyone aware of a way, or process to attempt to acquire the house before it goes on the website? I'm also wondering why it may not have been put on yet... is it possible HUD is holding onto it until property values rise enough to recoup their loss? A relatively nice home in that area goes for a little less then that 129k, so there's no way I would pay anywhere even close to that... It probably needs close to 50k worth of work.

Thanks!