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Overly Inflated Offer/Bid Prices – It’s Just Bad Practice!
We all know real estate agents who think overbidding in an initial offer is good strategy, that you have to get your foot in the door first (as the winning bidder with that amazing offer), and then you renegotiate the purchase price later when the property doesn’t appraise. I’m just going to say it right here – this is just bad practice! Actually, it’s not just bad practice with HUD-Owned Properties, it won’t actually work. Listen to Jeff as he explains why.
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Introduction to HUD Homes Listing Periods
Did you ever wonder how owner-occupants could possibly compete against investors when bidding on HUD-Owned Properties? In this podcast, Jeff tackles some of the terminology related to HUD listing periods, and he throws in a brief explanation about “insurability” as it relates to HUD Properties as well. Don’t miss it!
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Exciting News from myPro Realty
We here at myPro Realty are excited to announce that we are now an authorized Local Listing Broker for HUD owned properties. Check back often for new trainings and information broadcasts related to buying and selling HUD homes.
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