Do you sell HUD Foreclosures?

Question

Leanne Carpenter (RE/MAX Realty Professionals)

Answers Subscribe to Answers

Sort

Rainmaker
1,056,663

Candice A. Donofrio

Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ

928-201-4BHC (4242) call/text

Quit recently. Did it for 10 years. Not worth it to me, and not part of my business model. Many do successfully.

Mar 25, 2016 01:24 AM

Upvote

2

Candice A. Donofrio

Fort Mohave, AZ
Nina Hollander, Broker

Charlotte, NC

Rainmaker
5,240,047

Wayne Martin

Wayne M Martin - Chicago, IL

Real Estate Broker - Retired

Have not and probably won't start!

Mar 25, 2016 10:15 PM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
2,784,726

Richie Alan Naggar

people first...then business Ran Right Realty - Riverside, CA

agent & author

Did one and said never again...Too much run-around

Mar 25, 2016 08:14 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
3,986,308

William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

Yes, but only if I really have to

Mar 25, 2016 07:30 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
3,988,013

Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

Yes if it is something my buyer wants to see and buy. They are not hard to sell once you learn the process.

Mar 25, 2016 05:24 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
4,800,132

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

No.

Mar 25, 2016 05:20 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Ambassador
6,418,799

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

I have bought a few, but have not sold any yet.

Mar 25, 2016 04:58 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Ambassador
2,163,123

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES

Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL

Florida Waterfront and Country Club Living

My broker is a HUD approved broker and yes, I have sold a couple HUD homes. Not much different than other REO properties.

Mar 25, 2016 04:07 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
1,506,163

Ryan Huggins - Thousand Oaks, CA

https://HugginsHomes.com - Thousand Oaks, CA

Residential Real Estate and Investment Properties

No, I tend to stay away from HUD in general.

Mar 25, 2016 04:01 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
4,961,547

Will Hamm

Hamm Homes - Aurora, CO

"Where There's a Will, There's a Way!"

hard to get a deal thru but yes I do.

Mar 25, 2016 03:55 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
5,583,328

Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

NO....never have...

Mar 25, 2016 02:52 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
1,728,256

Sandy Padula & Norm Padula, JD, GRI

HomeSmart Realty West & Florida Realty Investments - , CA

Presence, Persistence & Perseverance

As rarely as possible.

Mar 25, 2016 02:30 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
1,092,947

Diana Zaccaro Broker Associate

ZOOM Realty Group - Cocoa Beach, FL

"The Accidental Blogger" Cocoa Beach, Florida

No, have no desire to do this.

Mar 25, 2016 02:29 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
1,513,143

Raymond E. Camp

Ontario, NY

When the price warrants the rehabbing and resale for a profit.

Mar 25, 2016 02:03 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Ambassador
3,349,554

Kathleen Daniels, Probate & Trust Specialist

KD Realty - 408.972.1822 - San Jose, CA

Probate Real Estate Services

No. Thank you.

Mar 25, 2016 01:37 AM

Upvote

1

Candice A. Donofrio

Fort Mohave, AZ

Rainmaker
4,901,858

Richard Weeks

Dallas, TX

REALTOR®, Broker

Yes, we are a HUD brokerage.

Mar 25, 2016 01:26 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Ambassador
2,188,163

Carol Williams

Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA

Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

No on purpose. LOL

Mar 25, 2016 01:25 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
940,887

Bruce Walter

Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Leanne, I have sold several as the selling agent and HUD is very easy to work with compared to REO's owned by banks. They get back to you within a couple of days to let you know your offer was rejected, countered, or accepted. The HUD foreclosures are few and far between compared to 2010 and 2011 in our market.

Mar 25, 2016 01:22 AM

Upvote

1

Kathleen Daniels, Prob...

San Jose, CA

Rainmaker
4,582,434

Michael Jacobs

Pasadena, CA

Pasadena And Southern California 818.516.4393

Not yet.

Mar 25, 2016 01:17 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
634,532

Kathleen Luiten

Resort and Second-Home Specialist - Princeville, HI

Kauai Luxury Ocean Home Sales

No. Foreclosures are very rare in my market now.

Mar 28, 2016 07:00 PM

Upvote

Rainmaker
5,877,915

Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

I have over the years, but don't see many now in Denver.

Mar 26, 2016 11:46 PM

Upvote

Rainmaker
7,864,157

Roy Kelley

Retired - Gaithersburg, MD

No longer. However, I have sold hundreds of them.

In the good old days, they paid a full commission plus bonuses to the selling agent.

Mar 26, 2016 01:09 AM

Upvote

Rainmaker
5,113,121

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

No... more trouble than they are often worth in commissions.

Mar 25, 2016 11:17 PM

Upvote

Rainmaker
4,434,177

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

yes

Mar 25, 2016 09:42 PM

Upvote

Rainmaker
2,538,633

Joe Petrowsky

Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT

Your Mortgage Consultant for Life

Good morning Leanne. I don't, but have bought my fair share of them.

Mar 25, 2016 07:44 PM

Upvote

Rainmaker
4,319,773

Praful Thakkar

LAER Realty Partners - Burlington, MA

Metro Boston Homes For Sale

Leanne Carpenter - not yet.....

Mar 25, 2016 04:19 PM

Upvote

Rainer
321,564

Melissa Jackson REALTOR

Trinity Premier Properties - Azle, TX

Helping You Make The Right Move

No, not yet.

Mar 25, 2016 02:12 PM

Upvote

Rainmaker
2,224,473

Debbie Laity

Cedaredge Land Company - Cedaredge, CO

Your Real Estate Resource for Delta County, CO

I don't list them, but I have sold HUD foreclosures.

Mar 25, 2016 11:51 AM

Upvote

Rainmaker
1,209,215

Amanda Christiansen

Christiansen Group Realty (260)704-0843 - Fort Wayne, IN

Christiansen Group Realty

We have two investors that we work with. We'll do it knowing that there is a bigger reward on the other side when we list their flips.

Mar 25, 2016 11:37 AM

Upvote

Rainmaker
4,177,529

John Pusa

Glendale, CA

Leanne Carpenter No, I haven't yet.

Mar 25, 2016 08:25 AM

Upvote

Rainmaker
1,157,791

FN LN

Toronto, ON

No.

Mar 25, 2016 02:28 AM

Upvote

Rainmaker
1,241,879

Sam Shueh

(408) 425-1601 - San Jose, CA

mba, cdpe, reopro, pe

No, the people in that biz are doing regular sales....

Mar 25, 2016 01:42 AM

Upvote

Back to Top

Quit recently. Did it for 10 years. Not worth it to me, and not part of my business model. Many do successfully.
Yes if it is something my buyer wants to see and buy. They are not hard to sell once you learn the process.
My broker is a HUD approved broker and yes, I have sold a couple HUD homes. Not much different than other REO properties.
When the price warrants the rehabbing and resale for a profit.
Leanne, I have sold several as the selling agent and HUD is very easy to work with compared to REO's owned by banks. They get back to you within a couple of days to let you know your offer was rejected, countered, or accepted. The HUD foreclosures are few and far between compared to 2010 and 2011 in our market.
No longer. However, I have sold hundreds of them.

In the good old days, they paid a full commission plus bonuses to the selling agent.
No... more trouble than they are often worth in commissions.
Good morning Leanne. I don't, but have bought my fair share of them.
We have two investors that we work with. We'll do it knowing that there is a bigger reward on the other side when we list their flips.