Are you considering investing your hard-earned money? Then this episode of “How’s the Market: Real Estate. Real Answers.” might be the answer to your dilemma.
Nancy Braun along with Mike Maniace, Director of HUD Operations at Showcase Realty aims to reveal in this episode the secret behind why HUD homes are an excellent investment that people just aren’t aware of. We’ll be sharing the ins and outs of selling HUD homes including tips that you should know before putting offers on these properties.
A HUD home is basically a government owned home that’s been foreclosed down by FHA or through FHA financing. – Mike Maniace
What makes a HUD home a great investment? It’s a foreclosed property so it’s probably goning to be discounted initially. And after it sits on the market for a long time, if it does, then you can actually scoop it up at a really good price. – Nancy Braun
My favorite is the Good Neighbor Next Door program, which is a way for us to give back to the people that are serving our community. – Nancy Braun
I want to stress the importance of working with an experienced agent and not just any agent who have been in the field for a while. It should be an agent with experience in HUD homes. – Nancy Braun