Discrimination on a HUD home?

I wanted to move to Oregon from Calif.  I drove there and bid on properties.  The one property I wanted was at 450 macy street in Harrisburg, ore.  I made several bids.  They were all cancelled my someone at Remax Integrety.  My highest bid was $78000.  I was to live in this home.  I now see that this property was sold for $70000.  How can something like this happen to a government owned property.  Is this legal?
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0Yes

September 19 2011 - Harrisburg
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Profile picture for wetdawgs
It is hard to know why a property sells for less than another offer, but there are many legal reasons it can do so that are not discrimination.
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1Yes

September 20 2011

THANKS FOR NOT BEING RUDE AND INSULTING...

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September 23 2011
Profile picture for wetdawgs
You are welcome
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September 23 2011
Profile picture for Matt Williams
HUD homes and the bidding process can be tricky. Make sure you are working with a realtor that knows and understands the HUD home buying process. Alot of which can be found at www.hudhomestore.com.
HUD homes are often great buys especially for owner occupants.
Good luck!
Matt Williams
Elite Realty, ltd
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October 08 2011
Profile picture for Sharon Patterson
HUD bids are tricky.  If a non propfit bid on the property, their bid would get preference, even though yours was higher.
Also, HUD looks at their bottom line.  Realtor commission and any closing costs you might have asked for comes off the 78,000 you offered lowering what HUD is getting. 
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0Yes

October 08 2011
 
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