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HUD Foreclosures

By
Real Estate Agent with Keller Williams Realty Lake Oconee 152707

HUD Foreclosures

Has anyone dealt with making HUD offers on homes? I had my first offer yesterday. It seemed too easy in some ways. Is HUD difficult to deal with? We usually do not get many HUD foreclosures in our area around Lake Oconee. It's nice that you get the full commission, rather than having to split it with anyone. It's nice that they have an inspection report done and ready for the buyer, which saves about $300 for the buyer. Foreclosures around the Lake Oconee market previously were unusual, but now they are predominantly searched for just like everywhere. We have a list of current foreclosures on our website at www.kellerwilliamslakeoconee.com

Mark McHugh
Clearmark Real Estate llc - Warwick, RI
Realtor Rhode Island 401-641-3842

Hey Alan, HUD is extremely easy to work with out hear in Rhode Island. They are completely by the book. The best feature is the computer tracking of the offer. Also, they tend to pay 5% commission.

Mar 09, 2010 10:51 PM
Pat O'Reilly
RE/MAX..214-289-6176 Irving and all of Dallas Fort Worth - Irving, TX

Alan..Hud is easy to work with and they want to close quickly. Just a little more paperwork to do...

Mar 09, 2010 11:09 PM