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Countdown to 10 PM ... HUD's 03.30 Best Value List (15 Great Deals)

By Angie Nwanodi

Real Estate Agent with Evergreen Realty & Associates, Inc. BRE #01466683

March 30, 2012 06:07 AM

It's that day again!

Friday ... HUD's Best Value List day. And this week, the list does not disappoint. There are a few new listings, but some of the others have received even further price reductions.

You know how it works: HUD WILL CONSIDER ALL OFFERS AND AWARD THE PROPERTY TO THE HIGHEST BIDDER. BIDDING ENDS DAILY AT 10 PM Pacific / Midnight Central.

These 15 properties are rife with opportunity. Ranging from $12,400 to $51,000 below their last appraised value, you owe it to yourself and everyone you know to take a peek and see if one of these West Coast deals is for you.

From Alaska to Washington, Monday will bring more happy buyers an investors opening escrow on a HUD-Owned Home.

Until next week!

HUD Best Value List 03.30.12

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MARIANELA BRACHO

BROKERS LLC - Weston, FL

HI ANGIE...............THE PROBLEM THAT I HAVE WITH HUD HOMES IS THAT I DO NOT HAVE TO MANY OWNER OCCUPIED...........I HAVE TO MANY INVESTORS LOOKING TO RENT RIGHT AWAY AFTER CLOSING.......AND HUD ALWAYS HAVE BUYER RESTRICTIONS..................:-(

Mar 31, 2012 10:07 AM

Angie Nwanodi

Evergreen Realty & Associates, Inc. - Rancho Cucamonga, CA

The ACG Group, Realtors®|Standard, Short, HUD, REO

Marianela ~ Yes, HUD has a 30-day owner occupant exclusivity period. But there are still opportunities left for investors whether because of property condition or fall-outs; you have to monitor them for investors and be sure your investor knows they have to move extremely quickly in order to have a shot (within 24 hours). If you keep all their info on file and in trust (bank statements, org docs and cashier's check), then they should be able to respond fast enough to be in the mix. They still have to be the winning bidder, but they can definitely buy HUDs.

Mar 31, 2012 12:18 PM

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Angie Nwanodi

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