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Updated HUD Homes Web Site

Posted by admin on Feb 8, 2009 in Marketplace, Real Estate

Well, it’s finally done.  We’ve made our permenent move to the new server for NJHUDSales.com.  We’ve also finished adding the different HUD Owned homes that we arfe marketing.  Another first for this weekend is the unveiling our HUD Homes ad campaign.  Many people have asked us about how good of a bargain are HUD homes.  Just to give you a quick summary of how good these bargains are, just look at the ad we have placed regarding this same issue.

Did you miss out on a bargain? Well, there are many more for you to purchase! Look at what these great deals went for.

 

SOLD

522 BEVERLY DR

MAGNOLIA, NJ 08049

This 3 Bedroom Home was appariased at $193,000.

HUD listed it at $154,000 ($39,000 under appraised value).

HUD accepted an offer of $100,000!

The buyer saved $93,000

SOLD

1113 STEWART AVE

BLACKWOOD, NJ 08012

This 3 Bedroom Home was appariased at $130,000.

HUD listed it at $104,000 ($26,000 under appraised value).

HUD accepted an offer of $80,000!

The buyer saved $50,000

SOLD

444 MOORE BLVD

CLAYTON, NJ 08312

This 3 Bedroom Home was appariased at $220,000.

HUD listed it at $198,000 ($22,000 under appraised value).

HUD accepted an offer of $160,000!

The buyer saved $60,000

SOLD

933 CUMMINGS AVE

BLACKWOOD, NJ 08012

This 3 Bedroom Home was appariased at $120,000.

HUD listed it at $198,000 ($24,000 under appraised value).

HUD accepted an offer of $78,500!

The buyer saved $41,500
 
In Total, these buyers paid $244,500 LESS THEN the appraised value of the properties.
This advertisement is not a guarantee that HUD will accept any specific offer.

 

Every Friday, HUD releases new properties they received and reduces property prices on homes that are just NOT moving.  Every week you get new opportunities to purchase one of these bargains . Some HUD homes are in good shape and need only cosmetics to get top dollar.  Call us and we will be happy to take you out to look at any one of them so you can see for yourself how much or how little work is required. Search out the current HUD Owned homes here.

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Buying HUD Owned Homes Better Then Buying Short Sale Homes

Posted by admin on Jan 19, 2009 in Housing, Marketplace, Real Estate, for sale, home inventories

Every week on Friday, HUD releases any new properties they have acquired and reduce the property prices on homes that have not sold. So, every week you get a new opportunity to view and make an offer on these bargains.

This past week HUD has 14 homes with $20,000+ each in price reductions. One home that appraised at $130,000 has been reduced to $104,000. And another 3 bedroom, 2 Story home that was appraised at $160,000 was just reduced to $144,000. And a new 3 bedroom, 1 Story home has been released for $85,000. This is the largest group of homes that have been offerd in quite some time. With 14 homes reduced in price by over $392,000 in eight different counties, you should be able to find something you like.

HUD properties are prepped and ready to go! HUD does all the paperwork that buyers would have to do for themselves in short sale. We have developed our own site where you can view the extensive list of HUD owned homes that we are marketing. If you don’t see something you like (because we can’t market them ALL), contact us using our special request form and we forward you all and any HUD owned properties that match what you are looking for.

But you have to keep one thing in mind. Some of these homes are such bargains that if you do wait to make an offer, someone else may beat your to it.

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