I am a HUD listing broker and I have sold hundreds of HUD houses in the final three years. The explanation for this is that HUD is not answerable for the potential repairs so it is crucial that you just ensure that the FHA HUD dwelling foreclosure you are interested in buying is thoroughly inspected prior to creating a proposal so there are not any surprises due to the AS IS” HUD dwelling rule.
Nevertheless, if your corporation has slowed down for one purpose or one other and you want more leads, or if you’re an actual estate investor who desires to do a ton of offers, or in case you have a group and the flexibility to ramp up and also you wish to start pumping in prime quality leads, then it’s essential take an in depth have a look at this technique.
Many consumers mistakenly think that HUD properties and foreclosures are the same factor, but they don’t seem to be. Some times offering to develop into the property manager for them and maintain the landscape up and clear and paint the home so will probably be presentable for resale.
Cleaning REO properties and abandoned homes for lenders …