Secret Insider Tips and Tricks for Bidding on HUD Homes in Baltimore

Baltimore’s “HUD King” can get you a great deal when you buy a HUD home in Maryland…

     Baltimore, Maryland    

    

     Hello. My name is Robert Kaetzel and I have been a real estate broker in the Baltimore area for over 14 years.

     Who cares?

     Well my Mother does. Give me just a minute of your time and I’ll show you how you can get incredible deals on HUD homes in Baltimore City, Baltimore County, Harford County and all of Maryland.

     Here is my story…

     About 10 years ago I started working with real estate investors that wanted to buy cheap properties in Baltimore City and Baltimore County. Real estate investors live or die based on how great of a deal they can negotiate.

     It was 1999 and I was getting lots of offers accepted on bank foreclosed homes for my clients. We were getting some really good deals. I would often notice some HUD homes selling for cheap prices, but I didn’t know anything about them. My only experience with HUD homes at that time was turning down a potential buyer who wanted to buy a HUD home that was listed for $5,000.00. You see, I had no clue what I was doing.

     Like most real estate agents, I didn’t know anything about HUD homes.

I Was Clueless!

     I saw many good deals that were just there for the picking.

     If I could only figure out how to work the HUD system.

     One evening I was listening to a real estate trainer speak about focus and specializing in one particular area of real estate. I thought about HUD homes and how few if any agents knew how the HUD system worked. That evening I decided that I would become the HUD King of Baltimore!

     I would study and learn everything possible about bidding on HUD homes.

     I would put in lots of lowball offers so that I could learn the HUD system and understand what prices were acceptable to HUD.

     I would put the HUD bidding process under the microscope and study it like a scientist.

     It took a while but then I got my first bid accepted, then the second and the third shortly thereafter.

     Each time I bid on a property, I learned something new about HUD’s bidding system. I learned the rules and the procedures that had to be followed to get my offer accepted. I even discovered one thing that I was doing when bidding that had HUD automatically rejecting my offers even when the price was acceptable.

     Through trial, error and sheer persistence I discovered many insider secrets about bidding and winning HUD homes in Baltimore. I was on a roll.

     The very next year I discovered one single HUD bidding secret that made me over $100,000.00 that year!

     It was as if HUD had given me a golden key to make money with! I was happy and my clients were extremely happy because they were getting great deals.

They Should Be Happy! They Were Stealing Houses! Legally!

     I sold a house at 2101 E. Chase Street for $1,200. I sold a house at 27 S. Decker Street in Patterson Park for $3,250. Great deals were commonplace. I remember bidding on a HUD property at 8 S. East Avenue in Patterson Park. I got an offer accepted for $12,500. I looked at the property and never sent in the contract as the house was a little rough. I regret that. It was a great deal.

     In Baltimore County, my investors practically stole HUD homes. We sold single family homes in Dundalk, Essex, Middle River, Rosedale, Parkville, Carney for $30,000, $40,000, $50,000.

     I have personally bought HUD homes from Western Maryland to the Eastern Shore. Some of them I resold for thousands more without ever doing anything to them.

Getting Great Deals Was Just, Well, Ordinary.

     I have lost count but I have been able to verify at least 160 HUD sales that I have been involved in and counting. “HUD King” A self proclaimed title. You be the judge.

I Was Sold On Selling HUD Homes!

     Then my golden key started to tarnish. 

     The real estate market became so hot that people started paying ridiculously high prices for HUD homes. My investors couldn’t justify the high prices. For about a year I only sold one HUD property. It was a long hot summer that year.

     Gradually over time the HUD inventory built back up and prices started to fall.

     I am now pleased to say…

Happy Days Are Here Again!

     The current real estate market presents an ideal opportunity to buy a HUD home under market value. It doesn’t matter if or you are a first time buyer, second time buyer or an investor.

     HUD Homes can be great deals.

     Please understand. Not every HUD home is a good buy. This one little fact deters many agents and buyers from ever pursuing any HUD deals.

     Some HUD homes are overpriced, but a few get underpriced.

     HUD becomes super motivated to sell at steep discounts at certain points in time. You just have to know when to bid and how much. I know when and how much! I can show you!

     HUD paperwork must be filled out absolutely perfectly and submitted timely or your bid will be rejected. This one fact is the reason why I have seen HUD properties sell and fall through up to 15 times in a row before finally settling. Most agents have no idea what they are doing. You have to know what paperwork HUD requires and what their policies are.

I Have Spent Countless Hours Bidding on HUD Homes And I Have Figured Out How to Get The Best Deals! 

     I have the specialized knowledge that will help you to get a great deal when you buy a HUD home in Maryland.

     I will show you:

ü  Why timing is absolutely critical to getting a HUD home for a bargain price.

ü  The special rules for bidding on HUD homes in Baltimore City.

ü  How to beat out other bidders by as little as $1.

ü  Stealth techniques for winning the best properties before other bidders.

ü  How to compute HUD’s bottom line price on a property to the penny.

ü  Exactly when an investor can bid on a HUD home in Baltimore City.

ü  How to flip a HUD home without ever settling on it.

     I can get you a great deal on a HUD home. Not knowing the HUD system or working with a real estate agent that doesn’t know how to work the HUD system will likely end up costing you thousands of dollars.

     One of my favorite things to do is to sell HUD properties. I am available to work with a limited number of HUD clients at a time. Please understand that I will only work with you if you are serious about buying a HUD home in Maryland and are ready to meet in person to discuss a potential purchase. The information that I have is only used to benefit clients that purchase HUD homes through me. Buying a HUD home with anyone else may cost you dearly!

     Robert, Yes. I would like to learn your insider secrets about how I can get a great deal buying a HUD home. Please contact me to discuss purchasing a HUD home in Maryland.

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     P.S. I have spent countless hours cracking the HUD bidding secret code. These HUD bidding secrets I have dicovered have made my clients and I a lot of money and I can use these secrets to get you a great deal on a HUD home.

     P.S.S. Any agent can bid on a HUD home but you need to know the secrets to win. I have bid less than other agents and gotten my offers accepted. The other agents are usually stunned. There are specific techniques that I can use to get your bid accepted on a HUD home.

 

© Copyright 2008-2009. Robert D. Kaetzel. All Rights Reserved.
Real Estate Professionals, Inc.

Phone: 410.916.8200 Fax: 443.927.7283