HOW DO I GET A DEAL LIKE THIS!!!!

[Andy Ballester]

I was just doing some research on HUD owned homes in Allegheny County 24 listings available, there was 2 that caught my eye just because of neighborhood and price. One was listed at 35000 dollars low end repair prob 15000 high end 25000. Zillow est 105000 sound like a pretty good deal. However noticed public record is this property just sold Aug 2013 for 2075$. Thats right 2075$. Second property listed for 30000 min rehab 5 to 10 thou, zillow est 58000 but prob 900$ month rental property. Also noticed as public record indicates home sold in April 2013 for 1100$. So i guess I have multible questions, how does HUD own them, how do I get them before HUD, also can I make a substancial lower offer than what they are asking, such as do you want to double your money. I need answers are these former tax liens sherriff sales, what dont i know, but would really like to. Need info.

[Mat Lewczenko]

Lots of resources online at www.hudhomestore.com

how to buy FAQ:

http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/reo/reobuyfaq

Generally the owner occupant bid period is 14 days. Then open to investors. (exclusive period to extended period).

To bid you need to make an offer through a registered bidder who has a valid NAID#