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Updated over 7 years ago on . Most recent reply

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Chris Wiseley
  • Real Estate Professional
  • Tulsa, OK
0
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2
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bidding on HUDHOMESTORE.com

Chris Wiseley
  • Real Estate Professional
  • Tulsa, OK
Posted

I am considering bidding on a property at the HUD Home Store website. Can someone with experience tell me what I should expect the winning bid to be? Obviously every deal is different, but if it is listed for $100K and I bid, for example, $90K what are my chances? Do these go OVER list price often?

Most Popular Reply

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4,361
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4,265
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Greg H.
  • Broker/Flipper
  • Austin, TX
4,265
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Greg H.
  • Broker/Flipper
  • Austin, TX
ModeratorReplied

How long has it been on the market? The minimum  bid that will be automatically accepted is 88% net to hud of the current list price which includes commissions 

  • Greg H.
  • Loading replies...