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Updated over 7 years ago on . Most recent reply

User Stats

148
Posts
71
Votes
Adam Mittermeier
  • Specialist
  • Little Rock, AR
71
Votes |
148
Posts

Bidding on a HUD property

Adam Mittermeier
  • Specialist
  • Little Rock, AR
Posted

I have recently put in an offer on a HUD property and my Realtor just let me know that there are multiple offers on the table and they are asking me if i want to change my offer, leave it the same, etc. I am not experienced with this so my question would be: Do people put in offers over the asking price? How high can they go from your experience. As of right now I am over the asking price and am just curious on what your experiences were with these type of "bidding wars".

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