Hud deals

[Martin Zagrzejewski]

Does anyone have any stories they want to share about their HUDhomesstore.com experience? Lately I have been trying to bid on HUD homes again but the deals are margin thin. Anyone have any positive story they can share?

[Rich Ferradino]

@Martin Zagrzejewski Check out larry goins on youtube. His strategy is to put a ton of offers in. Everytime I put in a low offer in on a HUD house (40% of list price) they send me a counter which says "HUD has set the minimum acceptable net to HUD offer amount for this property as 63,700.00. During this period, HUD can and will receive counter offer bids from all unsuccessful bidders, as well as other bids from first-time bidders. HUD will accept any bid that is at least equal to or greater than the minimum acceptable net offer and presents the highest net to HUD"