Zillow Advice: Buying a Foreclosure - Is there any way of seeing what HUD homes sell for? http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ Zillow Advice | Zillow Real Estate Try&nbsp;http://www.hudhomestore.com/Home/Index.aspxI'd ... http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ Try&nbsp;<a href="http://www.hudhomestore.com/Home/Index.aspx" rel="nofollow">http://www.hudhomestore.com/Home/Index.aspx</a><br/>I'd recommend hiring an experienced Realtor and inspector. &nbsp; Thu, 19 Sep 2013 07:15:00 GMT http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ 2013-09-19T07:15:00Z You need to get a realtor ... http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ You need to get a realtor who is familiar with HUD.&nbsp; You probably need to offer more than the list price.<br/><br/>Thanks, Wed, 18 Sep 2013 21:17:00 GMT http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ 2013-09-18T21:17:00Z Good HUD homes are in great ... http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ Good HUD homes are in great demand do not try to bid low and feel you will have a chance of getting bid.We have dealt with a lot of HUD homes buyers. What ever you bid above sales price you will have to have cash<br/>it may or may not be rolled into loan.I agree with other Realtor where some of these homes have gone 10 to 13k above sales price.Just make sure you are working with someone that has HUD experience very helpful.Please call if any questions. Tue, 17 Sep 2013 13:32:00 GMT http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ 2013-09-17T13:32:00Z You need to have a agent ... http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ You need to have a agent that has had past experience in bidding on HUD properties. If sold for more that asking price on a HUD approved property you will need to come up with 3.5% of list plus what ever&nbsp;you bid over asking price. So make sure you make your bid using the proper financing. Please call with any questions or concerns. Mon, 16 Sep 2013 18:56:00 GMT http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ 2013-09-16T18:56:00Z You will need to work with ... http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ You will need to work with a HUD Realtor to submit your bid on your behalf. Your Realtor will work up a CMA so you will have an idea of what has sold for recently- I can tell you HUD homes are priced aggresively-- so I wouldn't low ball the offer.&nbsp; You can also ask for closing cost on HUD homes.<br/><br/>Best of luck Mon, 16 Sep 2013 16:09:00 GMT http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ 2013-09-16T16:09:00Z They usually price them aggressively ... http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ They usually price them aggressively so they don't take much off of them when they sell. You need a Realtor to buy them so let them guide you. The Realtor is free to you so take their advice. Sun, 15 Sep 2013 20:05:00 GMT http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ 2013-09-15T20:05:00Z you should check what other ... http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ you should check what other homes are selling for.&nbsp; The HUD home was priced based on an appraisal, but if you check your general market area and it's strong and houses are going from the market quickly and this is under priced based on others....you might want to offer more.&nbsp; A good rule of thumb is to go up by 3% because while HUD typically offers out 3% to a selling agent they haven't calculated it in thei desired bottom line&nbsp; (or so it seems).&nbsp;&nbsp; the problems is that other people have also waited the same 10 days and you don't know wthat they have offered.&nbsp; it's frustrating because you don't want to pay more for it just to be the one to get it but it's quite a kick in the teeth to find out that someone else went up $500 more than you did and that's why they got it.<br/><br/>short of camping out at the house it's hard to know how many people are looking at it and bidding on it.&nbsp; There's not an easy solution...you have to decide on how much is too much then don't go over that and do your best guessing at how likely you need to be increasing the price (if at all).<br/><br/>I have seen HUD homes sit for a long time past the exclusive period, I have seen them sell on day 1 of bid opening for $10k more than the asking price.&nbsp;&nbsp; it's going to vary much and depend heavily on the appeal of that home and the local market/pool of buyers.<br/><br/>It helps to have a local agent that gives you an indication of average Days on market for the area and how much demand might exist for that house, but in fairness to that remark...as an agent, this is the hardest thing to suggest when it's a HUD.&nbsp; all it takes is one other person who really wants it and has cash and is willing to pay more. Sun, 15 Sep 2013 20:04:00 GMT http://www.zillow.com/advice-thread/Is-there-any-way-of-seeing-what-HUD-homes-sell-for/511448/ 2013-09-15T20:04:00Z