I don’t know if you guys and gals know it but HUD is trying to shed some of their inventory at this time. I have sold some unreal deals in the past 4 months (over 80 properties in Texas). Thought you might want to know this as I have no idea how long this will last. Some of these properties are selling for 50-60% of their “as is” FHA appraised value! You must know their minimum bid’s as they vary on each property.
Thanks for the great site!
Ron Lilley
Realtor/investor