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Updated over 6 years ago on . Most recent reply

Chris Wiseley's profile image
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Chris Wiseley
  • Real Estate Professional
  • from Tulsa, Oklahoma
  • Member since Sep 14, 2016
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Chris Wiseley's profile image
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Chris Wiseley
  • Real Estate Professional
  • from Tulsa, Oklahoma
  • Member since Sep 14, 2016
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Chris Wiseley
  • Real Estate Professional
  • Tulsa, OK
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Foreclosures

bidding on HUDHOMESTORE.com

Chris Wiseley
  • Real Estate Professional
  • Tulsa, OK
Posted

I am considering bidding on a property at the HUD Home Store website. Can someone with experience tell me what I should expect the winning bid to be? Obviously every deal is different, but if it is listed for $100K and I bid, for example, $90K what are my chances? Do these go OVER list price often?

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Greg H.
  • Broker/Flipper
  • from Austin, Texas
  • Member since Jan 2, 2013
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Greg H.
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  • from Austin, Texas
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Greg H.
  • Broker/Flipper
  • Austin, TX
ModeratorReplied

How long has it been on the market? The minimum  bid that will be automatically accepted is 88% net to hud of the current list price which includes commissions 

  • Greg H.
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