Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 on . Most recent reply

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...