All Forum Posts by: Thomas Weidner

@Jason Hirko thanks for this info. It was very informative! Do you know what happens if you put in a bid lower than asking?Do they except it or tell you the minimum number they will take as someone stated ealier?

@Brit Hale if there is multiple offers do they just automatically take the highest bid?

@Greg H. It has been on the market over 100 days and has been reduced over 15k.

@Greg H. Have you flipped HUD properties in the past? Is it possible to get these properties below listing if it has sat on the market awhile?

I have recently came across a possible deal that I am considering making a offer on. It is a HUD foreclosure. I would purchase it to remodel and then resale the home. What is the process when dealing with HUD? What are some tips when dealing with HUD?

@Doug Pretorius so you are carrying the note ? 350 cash flow and don’t have to do repairs like a rental sounds pretty good.

@Paul Amegatcher that’s a lot of junk and if the whole house was like that I am sure you filled a couple of dumpsters!

@Chad Matthews thanks for your insight. I understand perfectly what you are saying. Thanks

Recently my wife and I had a discussion about wholesaling. She asked me why would anyone want to wholesale there house when they could sell it thereselves for more money. I tried to explain why they may want to wholesale there property. How would explain this process?

We currently have a home on the market. It has been listed for around 6 weeks. We have had several showings but it has tapered off without a offer. My question is when the agent first listed the property it was at the top of the list on the sites like realtor, Zillow, and trulia. Over that time it has dropped down the list. Is there something my agent or me can do to keep them on top of the list?