Buying HUD properties

Buying HUD properties

Has anyone been to: HUD.GOV/HUDHomes.com??? I know that only an agent that gets an NAID registration number can bid for you. My question to anyone that has done that is...The price listed is the starting bid? I looked at this site today and their are some great deals right in my area. If anyone has experience please let me know.

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Peter

We have bought 3 HUD homes and I think they are great deals. Yes that is the starting bid. WE bought one for $105 over asking it was $15105. Paid 14k for asking price of 17k and the best deal was one that started at 71k that we got for 35k. and its ARV is 90k.

Hope this helps.

Steve.