Posted by Paul on June 22, 2000 at 18:41:08:
I buy lots of VA/Hud homes and the biggest tip I can give you is WAIT… why you ask? cause unless the property is listed “first come” there will be atleast 14 days worth of biddings at which you don’t know who/what or amount has been bidded. At the first come aleast your bid (if highest or only) will be accepted. However here in Virginia we are expierencing a sellers market and VA/Hud is not really lowering their bids. Also by waiting the price usually drops 3k every three weeks so if you can wait, I encourage you too, remember VA isn’t going to go but so low.Good luck