Archive for April 30th, 2008

HUD Homes FAQ

Wednesday, April 30th, 2008

Should I Get an Appraisal First?
You should certainly check out the property and get a comparative market analysis (CMA) so that you know what similar properties have sold for. That should be your guide as to how much to bid.

Some bidders will offer close to market price. Others will try to sneak in with a low bid. Sometimes, if there’s little interest in the house, the low bid¬der can walk away with it.

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