Foreclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.
Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made. HUD deals are made more accessible given the more education you have. I am a firm believer that you cannot have solid business practices without the proper foundation.
Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful. Wishing you much success!