Placing bids on HUD housing

[Mark Houghton]

I have been researching HUD homes in my region and have found a few I am willing to put an offer in on. I recall in podcast 38 Travis saying he would put in hundreds of offers on homes through a virtual assistant and if he wasn't interested not interested in that property he would not send in the earnest money. How can you (or your VA) make legitimate offers without EMD? Do you email the listing agent? Call them?

[Randy King]

I have bought several HUDs this year. My wife is a realtor, so it makes the process easier. One thing that I did not know until a few days ago, HUD lists the last 14 days sales activity (click on Bid Results at the top of HUD Home Store). The dates, net to HUD price and the selling Broker are listed. You can create a spread sheet and all kind of good stuff surfaces.