BOTTOM TEN list: You know it is a HUD home when:
10. The top REALTORS® in your MLS board have no idea what you are talking about.
9. Instead of welcoming you the cockroaches HISS at you!
8. Your investor clients do not want to go into the house.
7. The listing agent is ashamed to place his/her FOR SALE sign out in the yard.
6. The rooms are messier than your teenager's bedroom.
5. The rooms are more cluttered than your spouse's office at home.
4. You see the yellow, police crime scene tape across the front door.
3. The kids do their math homework assignments on the bedroom walls.
2. Your client is thrilled to see a single appliance left in the kitchen.
1. Your buyers ask you if the chalk outline of the body on the floor will clean up.
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Actually I hope to clear up some of these misconceptions about HUD homes at a class tomorrow at the Lafayette Keller Williams office @ 2pm.
I find HUD homes to be presentable, mostly clean, and well maintained compared to many of the foreclosures I have seen or sold.
I like the fact if you have a motivated buyer you have a very good chance of winning a bid, and you know it will close within 45 days unlike most foreclosures.
I had a cash buyer with one of the HUD homes and it closed within TWO WEEKS when HUD accepted the bid!
By the way the visitor to the right was captured for posterity in a bank REO home.
HUD homes: Stick around and discover the possibilities!
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