Curtis Deckard
Changing listing price AFTER placing a bid.
Hi everyone. I recently put a bid in on my second rental. From what my realtor told me the seller was "in tax trouble" and was wanting to dump some of his properties quickly so this property was listed at $24,900. ...
Tyler H.
Need help understanding this lost HUD bid.....
So last November I submitted an offer for a client on a HUD home, during initial owner occupied period. The home was listed @ $200K. Our submitted NET offer was slightly above asking price (conventional financing).......
Scott Bweyy
HUD Minimum Acceptable Bid & Other Questions
I'm planning on bidding on a house in SC, which is in HUD Region 4. It's uninsured so it only has a 5 day exclusive bid period for owner occupants and no investors. I couldn't find much data on the minimum acceptable ...
Alex Shaughnessy
Does everyone's "back up bid" get held?
Hey BP, I bid on my first property on an auction site and lost. After it closed, I got an email saying they were holding my last bid as a "back up bid." Can anyone shed light on what this means?Am I next in line?Does ...
Jim S
Bid desk rules changing at Home Depot
Was in this evening submitting a fairly large order to the Bid Desk at HD to get one of my projects started. They came back with a $100 discount on an $8000 order. I was stunned. The HD employee at the Bid Desk told m...
Preston Roach
Bid List for Lowe's and Home Depot
We are working on our first flip house right now. I have heard on several podcasts that it is a good idea to take a "bid list" to Lowe's and Home Depot's Pro-Desks for their best prices. I am wondering how specific th...
Salley Smith
Can listing agents see other bid amounts?
I have heard that when HUD bids are placed that the buyer's agent can't see the other offers, but the listing agent can, and can see the exact amount that was bid. I had thought HUD bids were anonymous, and only the ...
Jonathan Vest
Memphis Area HUD Bid - First Time BRRR
Hi BiggerPockets, I’m considering the purchase of a small 1,200 sqft home in the Memphis area on a HUD auction. I’ve done my numbers on the property and believe I could make this work as a BRRRR. The foreclosure ask p...
David Roe
Counter Offer asking for a bidding war
Looking at a fix and flip in the Dayton Ohio market, it went to MLS for $39,500 then price dropped to $34,500. I figured 30k in rehab on the property. It sold for $18,100 in Feb 2019 so i offered $24,000 cash deal w...
Andria Kobylinski
Due Diligence and Bidding on Performing Second
Note question. I have been doing tons of research on the note space and feel like its time to jump in and get my feet wet. I am looking at a small performing 2nd in Virginia. The first is performing and there in plent...