Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago,

User Stats

136
Posts
5
Votes
Mike Nelson
  • Investor
  • Miami, FL
5
Votes |
136
Posts

HUD homestore insanity?! Why are they so erratic in acceptance!?

Mike Nelson
  • Investor
  • Miami, FL
Posted

So I have been bidding very aggressively on HUDhomestore.com for the last 6 months with nothing... nada... zilch. I have been vigorously valuing properties that I find listed lower than they are worth and bidding in the 80-88 percent range off list price, even on properties listed for over 3 months. I have not received acceptance on anything. Now, what is really T'ing me off, is there is another Investor in my area who is getting these properties at 72-73% of list! What!? And what really made me slam my laptop this morning, was a very nice 3/2 listed for only 1 month that he won at 72% after ONE MONTH!? HOW!!?? What the heck am I doing wrong? Granted I did not get the chance to bid on that particular property (slipped under my radar) I have been very aggressive borderline INSANE when making my bids as of late. Any tips from the seasoned HUD guys?

Loading replies...