Purchasing HUD Owned Foreclosure - Home Buyers and Investors Made Easy…
If you’re interested in buying property on the cheap and aren’t intimated by homes that need a little elbow-grease, buying HUD foreclosure properties will be an enticing option.
"HUD"
homes. There are a record number of FHA- and VA- insured loans
that have gone bad and HUD (the parent agency) is responsible
for disposing of these homes and getting them off the government's
books.
The inventory of HUD homes is growing by the day. And it costs
the government millions of dollars to hold these HUD homes.
Uncle Sam wants to move them out. This is a golden opportunity
for real estate investors, Realtors, loan brokers (and even
owner-occupants) to cash in on a bulging inventory of houses
that shows NO signs of slowing down!
*
As an investor, you can get below-market prices
on HUD homes and resell for ten of thousands of dollars in
profits!
*
As a Realtor, you can get "knock-yr-socks-off" deals
for your customers, who will rave about your knowledge and
skill!
*
As a loan broker, you'll find it easy to get low LTV
loans for your buyers (even if they have some credit
problems)!
*
As a home owner, you can get a below-market price
(HUD even gives you special treatment) PLUS an easier loan
process!
As
you probably know, the government has their own way of doing things.
Have you heard about The boondoggle over Medicare rently? And
if you've ever been to the Social Security Office, or visited
the Bureau of Motor Vehicles for a new drivers license, you know
what I mean. Their process for doing things does HAVE to be logical
or effective But you will know how to do it that will put way
ahead of so many other Investor that where you want to be.
"I was always reluctant
to bid on HUD homes... I was so afraid of making a
mistake and having my client lose a deal." Elizabeth Cottler,
Realtor,
Homes That Click Realty
HUD has a paperwork system probably designed by
some overpaid egghead in Washington, D.C. And then dumped in the
lap of a lowly, underpaid government clerk whose boss treats him
like pond scum. Can you really blame the clerk for his attitude?
(even though he knows he can't be fired, no matter how poorly
he treats you, or how badly he does his job).
HUD's process of paper shuffling that doesn't HAVE
to be efficient. They don't have to operate like a business that
needs happy customers coming back. Hey -- it's the GOVERNMENT,
remember?! They do things their own way (no matter how inefficient)
and if it means your bid doesn't get processed or accepted, well
....TOUGH!
Here
are just a few examples of HUD's paperwork policies:
There
are special forms you must fill out, just to get the water and
power turned on so you can inspect the house,
They
accept only their OWN purchase agreement forms -- that
a Realtor who deals with 'normal' listings may have never seen
before,
HUD
has a mysterious "Owner-Occupant Priority Period" policy
for bidding,
HUD
will close no sooner than 96 hours after all
(and they mean ALL) the paperwork satisfies them, and...
HUD
won't even bother to notify you whether your offer is accepted
or turned down!!
Now,
this is just a snapshot of the paperwork you have to deal with
if you want a bargain price on a house. Even an over-priced offer
to HUD could get turned down (or even ignored) for violating just
one of their many nit-pick rules!
After
Your Done With This Book It Will Be So Easy For You...
Let's
face it. If you're an investor, a Realtor or a loan broker, you
think differently than most people. You have to -- to survive.
You think like an independent business person, which is what you
are. No employment guarantee for you, is there? You perform or
starve.
As a result, you don't think like a government clerk (who doesn't
really have to produce like you do). Naturally, dealing with that
bureaucrat mentality is hard for you, since your mind sets are
SO far apart.
But
what about the MONEY...? There certainly IS money to be made working
with this HUD -- LOTS of it! Here's
one investor's comment on that:
Any Question Emails at
Rehabbinghouses@yahoo.com |
" A healthy $20-25,000.00 profit."
We'll hear more from Mike later. The point is... if you're looking
for a nearly unfair advantage over your competition, close the
door, and take the phone off the hook for the next 11 minutes,
because...
HERE'S A BREAKTHROUGH TO PROFITS ON HUD
HOMES!
One rural Indiana couple, through sheer will power (and loads
of patience) has cracked the code to winning HUD bids! It took
them several years to do it, but they've perfected a way to
penetrate this haze of government procedure. Dwayne & Michelle
, have created a foolproof SYSTEM for bidding successfully on
HUD homes that's so easy... so SIMPLE... SO EFFECTIVE... THAT
EVEN 16-YEAR-OLD MATTHEW AND 14 YEAR OLD JUSTIN CAN FOLLOW IT
WITH SUCCESS!
Several years ago, Dwayne & Michelle almost lost out on a winning
bid and a $32,000 profit -- because a minor "t" wasn't crossed
and a trivial "i" wasn't dotted on an offer submission form to
HUD. That experience really lit a fire under him. He determined
to never face a potential loss like that again. After several
years of expensive research, trial and error Dwayne & Michelle
are proud to announce this course:
BUY
YOUR HOME TODAY AND START MAKING MONEY TODAY
"BUYING HUD HOMES HASSLE-FREE"
(Get:
Book and C/D Both.)
Only $147.00!
You
may have already seen Dwayne & Michelle's other home-study courses
on Rehabbing. You may have even heard them speak on the subject
in Indiana, Illinois, Arizona, Texas or Mississippi. and many
other places There's no two ways about it, they know how to take
a beat-up HUD house and turn it into a beautiful home -- and make
big bucks in the process! And with this course, you can too!
This Manual describes for you in detail:
WHO is allowed to bid WHEN (very important if you are an investor
or represent one as a Broker or lender),
HUD's rule for the name that MUST go on the title (sophisticated
investors must watch this),
How to get updates on HUD's periodic rule changes -- the rules
do change occasionally,
How (and when) HUD allows ONLINE auctions (bid from your desktop
in just 5 minutes!),
What the required "Letter Of Commitment" really means (remember,
paperwork is "key" with HUD),
How to handle the required "Proof Of Funds" document,
PLUS advanced topics like:
How to develop a relationship with your local HUD office
representative,
Why you may NOT want to buy in the name of your Trust,
How to word your offer so your Realtor gets paid by HUD
(instead of you),
How to create the best "Net to HUD" offer (to increase
your chances of a winning bid)
The best way to physically deliver your offer to HUD,
What to do if you screwed up an offer you've already delivered,
AND
How to reduce hassles on the resale side of your completed rehab
project (so you can get to the money)!
Yes, you CAN buy a HUD home at a bargain price our student
are ... if you know what you're doing. Every day uninformed
folks are wasting time on loser bids... riding an emotional roller
coaster, waiting for a response... burning out their Realtors...
or worse yet, OVERPAYING for HUD homes. It's true! See, they don't
understand how the HUD bidding system works so they pay more than
fair value for homes that almost always need some work. They waste
time, money and end up with bad deals that they overpaid on! Try
getting a big payday out of a deal like that!
Look -- it's a complicated bidding and paperwork submission process.
It's typical of government efficiency. That's not a slam against
anyone. It's just an accurate description of a time-consuming,
complex procedure. One that could destroy your enthusiasm (and
profits) if you don't know how to deal with it. Here's what the
Realtor mentioned before NOW says about the HUD process:
"Now,
all I do is go through the book ... to make sure I have all my
'i's dotted & 't's crossed. It's so easy...
Elizabeth
Cottler,
Realtor
Homes That Click Realty |
Here
are some examples of successful HUD home renovations...
| |
Profit
over $40,000 |
Profit over $17,000 |
|
...and
here are some more examples of the secrets awaiting you in this
course ...
1.
How to choose an experienced, HUD-registered real estate agent,
2. Where to find a list of HUD homes available in your area,
3. Exactly how to determine the true value of a HUD home,.
4. How to avoid paying too much,
5. Why you must buy title insurance,
6. How to formulate a winning bid. (The Secret Formula!),
7. The exact HUD rules that must be followed regarding Termites,
8. When new homes will be added to the HUD list,
9. Why you must inspect the home (and exactly HOW to do it!),
10.How (and why) to document repairs to make the selling side
easier,
11.How to verify that your HUD offers are actually being submitted,
12.All about HUD Designated Revitalization Areas,
13. Exactly what costs HUD will pay,
14. How you can bid by phone!
REMEMBER:
HUD homes are sold by "blind bidding" -- and they don't offer
refunds! If you don't know the tricks and secrets of bidding properly
on these bargain homes, you could easily end up paying way too
much. It'll break your heart if you find the neighbor paid far
less for his home!
Are
you ready to finally break free and live life on your own terms?
Join our other successful students who have proven that "Buying
HUD Homes Hassle-Free
MAYBE
YOU MIGHT JUST WANT TO BUY YOU AND YOUR FAMILY YOUR FRIST
FOR PENNIES ON THE DOLLAR...
We
know you'll be absolutely thrilled with this information. Here
are just a few of the comments we've received from others :
"I
purchased your book on Buying HUD Homes Hassle Free... 3 months
later I was awarded with my first accepted bid. I want you to
know, of that 3-month period, I spent a majority of the time working
my other JOB. I really only studied the program and researched
homes on and off for a total period of about two weeks before
I decided to make my first bid.
I had no previous knowledge on how to purchase HUD Homes and your
book made me feel confident that I knew the procedures and could
make it work. Your experience is clearly reflected in your book
and eliminated a lot of the fear that comes when taking that first
step.
I appreciate you passing on your knowledge to us beginning
Investors because it made the process for my first HUD investment
the easiest purchase that I have done so far. The best part is...
if my calculations and research are correct, I anticipate a healthy
$20-25,000.00 profit when I cash in. I don't think that is to
shabby for my first go at it. I can't wait until I get the next
one...then the next one...and then quit the J-O-B I currently
have. Thank you for sharing your knowledge!"
Best regards, Mike Oswalt
Indianapolis, IN
"I just got through reading the new book "Buying HUD Homes Hassle
Free" by Dwayne and Michelle. I was very impressed. If you have
wanted to cash in on the HUD Re pos, but just didn't know how,
this is the book for you. It will guide you step by step
through the whole process, from beginning to end.
As a mortgage broker, I have closed loans on HUD homes before
and it is not always easy to get them done. I wish I would have
had this book to guide me, things would have gone much more smoothly.
I love the fact that we know how to fill out all of the contracts
you have to fill out with HUD they tell you in the book; you won't
be surprised when you finally get to bid because the contracts
will be familiar to you. I highly recommend this book,
anyone who applies its principles will definitely make money with
HUD homes."
"I just wanted to share with you my success story using
your fabulous " Buying HUD Properties" book. I purchased
the book with the intentions of using it to buy fixer uppers for
myself.
However, I have used it much more as a Realtor to help my clients
buy HUD homes in decent neighborhoods for very decent prices or
my clients because of the daunting paperwork involved. I just
didn't want to deal with it. I was so afraid of making a mistake
and having my client lose a deal. I was always reluctant to bid
on HUD homes.
Now, all I do is go through the book piece by piece to make sure
I have all my i's dotted & t's crossed. It's so easy I can't believe
I was ever so hesitant to try before. Thanks so much for
making my job easier and giving me one more excellent way to serve
my customers better! Keep up the good work!"
Elizabeth Cottler,
Realtor
Indianapolis, IN
"I just finished reading their book "Buying HUD Homes Hassle Free"
They explain how to bid, buy and close HUD houses step by step.
"Becky's Buzz" corners are full of tips and tricks from their
experiences. I'd love to know how they turn a "junker" house into
a nice looking - but affordable one - and pick up a big
check at the closing. There are a couple of different
formats available. Whichever format you pick, I think their prices
are way below FMV."
Ken
At this point, you have to ask yourself a serious question: "What
is this insider information worth to me?" Not just in terms of
money, but also in terms of your time and frustration?
Dwayne and Michelle have already waded through the mud so that
you don't have to. They've hacked their way through the jungle
and carved a path that's easy for you to follow -- to the treasure
of gold hidden behind HUD's complex paperwork process.
"A healthy $20-25,000.00 profit."
Considering that Mike can repeat this process over and
over and over, the value to him is clearly in the tens
of thousands --
being the local Master of a System that few others understand!
There is absolutely NO REASON for you to 're-invent the wheel'
in dealing with HUD homes. That's a dead-end road, guaranteed
to irritate and frustrate you. Trying to do it 'naked' and uninformed
will ultimately suck away all your enthusiasm while you attempt
to scratch your way to HUD profits.
Do it on your own -- without this information? Are you kidding?
It would take months and months for you to even get a toe-hold
on HUD's process (losing bids and having paperwork rejected by
the bureaucrats).
In the same time period, armed with these insider secrets, you
could have bought and sold at least one house (even doing it part,
part-time) and be $20,000 ahead of the game!
Even if you're a glutton for punishment (and have unlimited time
and funds to learn the hard way) the guy who buys this course
today will could be on his 3rd or 4th house by the time the do-it-the-hard-way
person is (finally) on his first!
Let's see... $25,000 x 4 is $100,000 in profits vs. feeling frustrated,
tired and broke.
Which do you choose?
Maybe a BETTER question to ask yourself is, "How will it cost
me if I DON'T get the scoop on the HUD buying process?" Where
will you be in a year, in 5... in 10 years? The same exact place
you are now, no better off than a decade ago?
Why choose rehabbing HUD homes as a career or even as a side-income?
You don't have to have any previous real estate experience, You
need only a few extra hours per week, You don't need a boatload
of cash or credit! You don't need to be a Bob Villa or even a
decent contractor! This is NOT like a second job (in terms of
time)! it IS like a second job (in terms of the MONEY)!
You'll make your investment back on (a fraction of ) your first
deal!
THIS INFORMATION IS NOT AVAILABLE FROM ANY OTHER SOURCE, PUBLIC
OR PRIVATE, AT ANY PRICE!
Get your ride to HUD profits started TODAY! You can feel secure
ordering this valuable insider information right now! There's
NO RISK because... The "Buying HUD Homes Hassle-Free "Package
is backed by an IRON CLAD, ZER0-RISK, NO-FUSS, 30-DAY MONEY-BACK
GUARANTEE.
Invest in the course TODAY and if you don't think this material
is the most COMPLETE guide for buying HUD homes available anywhere,
at any price, simply return the Package and we'll refund every
dime you spent! We're so confident that you'll love (and devour)
every bit of information in the course, WE'LL EVEN SHIP IT TO
YOU FOR FREE!
Dwayne's & Michelle's
You just can't lose with a Guarantee like that! And our Internet
Ordering System is tested and completely secure.
Click
Now to order online with your credit card
You will
get it sent to your email today so you can start using it Today!
PLUS ... Special Bonus is yours
Free
for Acting To day...
Bonus
- HUD Master Forms and Contracts CD - A $197 Value! Contains
all the forms and contracts, in easy-to-use Word format.
You can use the CD as your Master Copy and modify the documents
on your own PC. Some of the documents included:
Form #1. HUD Property Tracking Sheet: A high
percentage of bids will be rejected the first time you submit
them, just based on your offer price. This is GOOD -- it means
you are bidding an amount that allows you a healthy profit. Most
of our successful bids have been the 2nd, 3rd or 4th bid! Obviously,
follow-up is key. That is the purpose of this Tracking Sheet.
Form #2. HUD Offer Worksheet- This worksheet
was designed to help you figure out what you will offer on any
property. You begin by filling out the property address, and then
place the sales prices (ARV) on the next line. We work with 65%
of the ARV, so figure out what that is for your particular property
and place it here. Next, the amount of the repair costs is place
on this line. Then on the following lines fill in the closing
cost (for purchasing), Insurance, Taxes, and Utilities. Once you
have placed this data on the worksheet then add the repair costs
through the utilities together. This is your total rehab cost!!!
Then you’ll place the 65% ARV on the next line and subtract the
rehab cost from this amount. The balance you have is the Maximum
Purchase Amount!!!
Form #3. Property Inspection Checklist-This checklist
is something we designed not long after we started rehabbing.
It helps us keep track of the repairs need for each property.
This 4 page checklist walks you through the property starting
with the clean-out cost thru drywall work, Interior Paint, Carpentry
In & Out, Electrical, Plumbing, Appliances, Heating/Air, Exterior
Paint, Roof, Flooring, Termites/Mold/Other, Outside (landscaping),
and an area for Other. You just total up your repair cost and
use this amount when figuring your Offer. Easy!
Form #4. Weekly Action List- This spreadsheet
is to build a quick list of houses to go look at. Place the date
you found the property, the property address, then when you see
the property write that down, and then fill in any comments on
the property. This sheet helps you make sure you are looking at
enough properties to meet your goals.
Form #5. Vacant House Sheet- This worksheet performs
two different functions. First we give this sheet to people that
bird dog for us. They fill out the top portion of the sheet on
each property. Then if they perform any of the Actions on the
Action List on the bottom portion they circle yes and write in
the date completed. Once we have this sheet from them we then
finish our follow up on the property. We keep these sheets until
we or someone else purchases the specific property. Remember follow
up is the key.
Form #6. Property Tax Report Sheet- This spreadsheet
is for tracking the property taxes on all of your properties.
Place the year at the top of the sheet, then fill in the sheet
with your property address, amount of property taxes for that
property, Date due, Date paid, Balance due (if any), How taxes
were paid (Check, money order, cash).
Form #7. Monthly Expense Tracker- This worksheet
was designed to keep track of your monthly expenses for each of
your properties. Insert your property address on the top line
of the sheet, and then you can fill in any of the areas from Insurance
to the HOA fees, and more. Then simply total up your expenses.
It is important to keep track of your monthly expenses when you
have rent to buy, rental, or rehab properties. So you know what
your monthly cash flow needs to exceed.
Form #8. Home for Sale/We Buy Houses Flyers-
On this CD there are actually two sets of these flyers, one is
filled out as an example and the other is for you enter your information
on. The home for Sale portion is printed on one side of the paper
and the We Buy Houses portion is printed on the back. We do this
to both utilize both sides of the paper and it double market if
you will. Feel free to change any of the text on the flyers; we
also change them slightly from property to property. The most
important aspect of both flyers is keep them simple and your number
very visible.
Form #9. Hard Money Tracking Sheet- This spreadsheet
is to keep track of your financing if you purchase your properties
with “Hard Money”. This spreadsheet has a place for your property
address and then all the months of the year are listed. So, simply
fill in your property address and then mark which month you got
your financing and which month your loan is due back.
Form #10. Your Weekly Goals- Goals are an essential
part of our lives and business. This sheet was designed to help
set goals and keep you accountable for the goals you set. All
goals are achieved through action. Write your goals on the lines
provided and post them in your office or where ever you will see
them everyday. When you achieve your goals write them down in
the achieved area along with the date you hit your target.
Form #11. Filing System Locator- Do you have
problems finding things once you “file” them? Well, we did… until
we designed this Locator Index. With this you can find everything
you put in your file cabinet. It's an easy-to-use indexing system.
It prevents you from creating or using (for example) "Car", "Auto"
and "Ford" as separate file folders, when you really want all
your data to go in just one file folder. This system allows you
to find anything you've ever filed in just 2 minutes! Ingenious
and simple! We print out the sheet periodically and put it on
the side of the file cabinet.
Form #12. Buyers List for Your Properties- This
sheet is to help build your buyers list. With this sheet you will
have all of the basic information needed to know what type of
property other investors or other buyers are interested in. So,
print out several of these and keep them with you. Then when you
attend your local real estate group meetings you can have other
investors or prospective buyers fill one of them out. Keep them
in a file and when you come across a property that you may not
want, you can use these sheets to find other investors that may
want them.
In short, FREE Bonuse are designed to give
you a complete system for finding, tracking, estimating, bidding
on, winning, closing, fixing, marketing and selling HUD homes!
The only thing we don't help you with is cashing your check!
Any Question Emails at
Rehabbinghouses@yahoo.com |
Order
Yours Today All Major Credit Cards Accepted...Free shipping
Don’t spend thousands of dollars on seminars
or hundreds of dollars on useless information.
Everything that you need to succeed in Buying Hud Home this incredible
course that's
specially priced for a limited time only.
(Get: Book and C/D Both.)
Only $147.00!
Click
Below To Order
online
via credit card
