The U.S. Government is up to its eyeballs in
repossessed "HUD" homes. There are a record number of FHA-
and VA- insured loans that have gone bad and HUD (the parent agency)
is responsible for disposing of these homes and getting them off the
government's books.
The inventory of HUD homes is growing by the day. And
it costs the government millions of dollars to hold these HUD
homes. Uncle Sam wants to move them out. This is a golden opportunity
for real estate investors, Realtors, loan brokers (and even owner-occupants)
to cash in on a bulging inventory of houses that shows NO signs of slowing
down!
* As an investor, you can
get below-market prices on HUD homes and resell for
ten of thousands of dollars in profits!
* As a Realtor, you can get "knock-yer-socks-off"
deals for your customers, who will rave about your knowledge and skill!
* As a loan broker, you'll find it easy to get
low LTV loans for your buyers
(even if they have some credit problems)!
* As a home owner, you can get a below-market
price (HUD even gives you special treatment) PLUS an easier
loan process!
... YOU WILL KNOW HOW TO NAVIGATE THE PAPERWORK THAT SO MANY OTHER DON'T
KNOW...
As you probably know, the government has their own way
of doing things. Have you heard about the boondoggle over Medicare recently?
And if you've ever been to the Social Security Office, or visited the
Bureau of Motor Vehicles for a new drivers license, you know what I
mean. Their process for doing things doesn't HAVE to be logical or effective
... or even professional.
"I was always reluctant to
bid on HUD homes... I was so afraid of making a mistake and having my
client lose a deal."
Elizabeth Cottler, Realtor,
Homes That Click Realty
HUD has a paperwork system probably designed by some overpaid
egghead in Washington, D.C. And then dumped in the lap of a lowly, underpaid
government clerk whose boss treats him like pond scum. Can you really
blame the clerk for his attitude? (even though he knows he can't be
fired, no matter how poorly he treats you, or how badly he does his
job).
HUD's process of paper shuffling that doesn't HAVE to
be efficient. They don't have to operate like a business that needs
happy customers coming back. Hey -- it's the GOVERNMENT, remember?!
They do things their own way (no matter how inefficient) and if it means
your bid doesn't get processed or accepted, well ....TOUGH!
Here are just a few examples
of HUD's perwork policies:
There are special forms you must fill out, just to get
the water and power turned on so you can inspect the house,
They accept only their OWN purchase agreement
forms -- that a Realtor who deals with 'normal' listings may
have never seen before,
HUD has a mysterious "Owner-Occupant Priority Period"
policy for bidding,
HUD will close no sooner than 96 hours after all
(and they mean ALL) the paperwork satisfies them, and...
HUD won't even bother to notify you whether your offer
is accepted or turned down!!
Now, this is just a snapshot of the maze of bureaucracy
and paperwork you have to deal with if you want a bargain price on a
house. Even an over-priced offer to HUD could get turned down (or even
ignored) for violating just one of their many nit-pick rules
Remember, YOU have to make the DECISION that your success
investing in real estate is imminent. Then, commit to solid EDUCATION
that will equip you with the knowledge and skills to attain that success.
Followed by, diligently APPLYING your knowledge and creating forced
ACCOUNTABILITY to Take ACTION, because you can do it!!!
Let's face it. If you're an investor, a Realtor or a loan
broker, you think differently than most people. You have to -- to survive.
You think like an independent business person, which is what you are.
No employment guarantee for you, is there? You perform or starve.
As a result, you don't think like a government clerk (who
doesn't really have to produce like you do). Naturally, dealing with
that bureaucrat mentality is hard for you, since your mindsets are SO
far apart.
But what about the MONEY...? There certainly IS money
to be made working with this HUD -- LOTS of it! Here's one investor's
comment on that:
"A healthy $20-25,000.00
profit when I cash in."
Mike Oswalt
Indianapolis, IN
We'll hear more from Mike later. The point is... if you're
looking for a nearly unfair advantage over your competition, close the
door, and take the phone off the hook for the next 11 minutes, because...
HERE'S A BREAKTHROUGH
TO PROFITS ON HUD HOMES!
One rural Indiana couple, through sheer will power (and
loads of patience) has cracked the code to winning HUD bids! It took
them several years to do it, but they've perfected a way to penetrate
this haze of government procedure. Dwayne & Michelle , have created
a foolproof SYSTEM for bidding successfully on HUD homes that's so easy...
so SIMPLE... SO EFFECTIVE... THAT EVEN 13-YEAR-OLD MATTHEW AND 11 YEAR
OLD JUSTIN CAN FOLLOW IT WITH SUCCESS!
Several years ago, Dwayne & Michelle almost lost out
on a winning bid and a $32,000 profit -- because a
minor "t" wasn't crossed and a trivial "i" wasn't
dotted on an offer submission form to HUD. That experience really lit
a fire under him. He determined to never face a potential loss like
that again. After several years of expensive research, trial and error
Dwayne & Michelle are proud to announce this course:
"BUYING
HUD HOMES HASSLE-FREE"
THAT
IS WHAT YOU WANT... ISN'T IT
This is the most comprehensive Manual ever
You may have already seen Dwayne & Michelle's other
home-study courses on Rehabbing. You may have even heard them speak
on the subject in Indiana, Illinois, Arizona, Texas or Mississippi.
and many other places There's no two ways about it, they know how to
take a beat-up HUD house and turn it into a beautiful home -- and make
big bucks in the process! And with this course, you can too!
This Manual describes for you
in detail:
WHO is allowed to bid WHEN (very important if you are
an investor or represent one as a Broker or lender),
HUD's rule for the name that MUST go on the title (sophisticated
investors must watch this),
How to get updates on HUD's periodic rule changes
-- the rules do change occasionally,
How (and when) HUD allows ONLINE auctions (bid from your
desktop in just 5 minutes!),
What the required "Letter Of Commitment"
really means (remember, paperwork is "key" with HUD),
How to handle the required "Proof Of Funds"
document,
PLUS advanced topics like:
How to develop a relationship with your local
HUD office representative,
Why you may NOT want to buy in the name of your Trust,
How to word your offer so your Realtor gets paid
by HUD (instead of you),
How to create the best "Net to HUD" offer (to
increase your chances of a winning bid)
The best way to physically deliver your offer to HUD,
What to do if you screwed up an offer you've already
delivered, AND
How to reduce hassles on the resale side of your completed
rehab project (so you can get to the money)!
Yes, you CAN buy a HUD home at a bargain price
our student are ... if you know what you're doing.
Every day uninformed folks are wasting time on loser bids... riding
an emotional roller coaster, waiting for a response... burning out their
Realtors... or worse yet, OVERPAYING for HUD homes. It's true! See,
they don't understand how the HUD bidding system works so they pay more
than fair value for homes that almost always need some work. They waste
time, money and end up with bad deals that they overpaid on! Try getting
a big payday out of a deal like that!
Look -- it's a complicated bidding and paperwork submission
process. It's typical of government efficiency. That's not a slam against
anyone. It's just an accurate description of a time-consuming, complex
procedure. One that could destroy your enthusiasm (and profits) if you
don't know how to deal with it. Here's what the Realtor mentioned before
NOW says about the HUD process:
"Now, all I do is
go through the book ... to make sure I have all my 'i's dotted &
't's crossed. It's so easy...
| Elizabeth Cottler,
Realtor
Homes That Click Realty |
Do you want your business
to EXPLODE in the next 12 months more than it has in the past 10 years?
Of course, you do!!! Whether you are new to real estate investing or
a seasoned veteran, NOW is the time to!!!
Here are some
examples of successful HUD home renovations...
Prfit over 34,000 |
Prfit over $17,000 |
THAT
IS WHAT YOU WANT... ISN'T IT
...and here are some
more examples of the secrets awaiting you in this course ...
1. How to choose an experienced, HUD-registered
real estate agent,
2. Where to find a list of HUD homes available in your
area,
3. Exactly how to determine the true value of a HUD home,.
4. How to avoid paying too much,
5. Why you must buy title insurance,
6. How to formulate a winning bid. (The Secret Formula!),
7. The exact HUD rules that must be followed regarding Termites,
8. When new homes will be added to the HUD list,
9. Why you must inspect the home (and exactly HOW to do it!),
10.How (and why) to document repairs to make the selling side easier,
11.How to verify that your HUD offers are actually being submitted,
12.All about HUD Designated Revitalization Areas,
13. Exactly what costs HUD will pay,
14. How you can bid by phone!
REMEMBER: HUD
homes are sold by "blind bidding" --
and they don't offer
refunds!
If you don't know the tricks and secrets of bidding properly
on these bargain homes, you could easily end up paying way too much.
It'll break your heart if you find the neighbor paid far less for his
home!
Are you ready to finally break
free and live life on your own terms? Join our other successful students
who have proven that "Buying HUD Homes Hassle-Free" works.
We know you'll be absolutely thrilled with this information. Here are
just a few of the comments we've received from others :
"I purchased your book on Buying
HUD Homes Hassle Free... 3 months later
I was awarded with my first accepted bid. I want you
to know, of that 3-month period, I spent a majority of the time working
my other JOB. I really only studied the program and researched homes
on and off for a total period of about two weeks before I decided to
make my first bid.
I had no previous knowledge on how to purchase HUD Homes and your
book made me feel confident that I knew the procedures and could make
it work. Your experience is clearly reflected in your book
and eliminated a lot of the fear that comes when taking that first step.
I appreciate you passing on your knowledge to us beginning
Investors because it made the process for my first HUD investment the
easiest purchase that I have done so far. The best part is... if my
calculations and research are correct, I anticipate a healthy $20-25,000.00
profit when I cash in. I don't think that is to shabby for my
first go at it. I can't wait until I get the next one...then the next
one...and then quit the J-O-B I
currently have.
Thank you for sharing your knowledge!"
Best regards,
Mike Oswalt
Indianapolis, IN
* * *
"I just got through reading
the new book "Buying HUD Homes Hassle Free" by Dwayne andMichelle.
I was very impressed. If you have wanted to cash in on the HUD Repos,
but just didn't know how, this is the book for you. It will guide you
step by step through the whole process, from beginning to end.
As a mortgage broker, I have closed
loans on HUD homes before and it is not always easy to get them done.
I wish I would have had this book to guide me, things would have gone
much more smoothly.
I love the fact that we know how
to fill out all of the contracts you have to fill out with HUD they
tell you in the book; you won't be surprised when you finally
get to bid because the contracts will be familiar to you. I highly recommend
this book, anyone who applies its principles will definitely
make money with HUD homes."
Lucy Brenton
"Lucy The Mortgage Broker"
Carmel, IN
* * *
"I just wanted to share
with you my success story using your fabulous " Buying HUD Properties"
book. I purchased the book with the intentions of using it
to buy fixer uppers for myself.
However, I have used it much more
as a Realtor to help my clients buy HUD homes in decent neighborhoods
for very decent prices or my clients because of the daunting paperwork
involved. I just didn't want to deal with it. I was so afraid of making
a mistake and having my client lose a deal. I was always reluctant to
bid on HUD homes.
Now, all I do is go through the
book piece by piece to make sure I have all my i's dotted & t's
crossed. It's so easy I can't believe I was ever so hesitant to try
before. Thanks so much for making my job easier and giving me
one more excellent way to serve my customers better! Keep up
the good work!"
Elizabeth Cottler,
Realtor
Indianapolis, IN
* * *
"I just finished reading their
book "Buying HUD Homes Hassle Free" They explain how to bid,
buy and close HUD houses step by step. "Becky's Buzz" corners
are full of tips and tricks from their experiences. I'd love to know
how they turn a "junker" house into a nice looking - but affordable
one - and pick up a big check at the closing. There
are a couple of different formats available. Whichever format you pick,
I think their prices are way below FMV."
Ken
* * *
At this point, you have to ask yourself a serious
question: "What is this insider information worth to me?"
Not just in terms of money, but also in terms of your time and frustration?
Dwayne and Michelle have already waded through
the mud so that you don't have to. They've hacked their way through
the jungle and carved a path that's easy for you to follow -- to the
treasure of gold hidden behind HUD's complex paperwork process.
"I anticipate a healthy
$20-25,000.00 profit when I cash in."
Considering that Mike can repeat this process
over and over and over, the value to him is clearly in the
tens of thousands -- being the local Master of a System that
few others understand!
There is absolutely NO REASON for you to 're-invent
the wheel' in dealing with HUD homes. That's a dead-end road, guaranteed
to irritate and frustrate you. Trying to do it 'naked' and uninformed
will ultimately suck away all your enthusiasm while you attempt to scratch
your way to HUD profits.
Do it on your own -- without this information?
Are you kidding? It would take months and months for you to even get
a toe-hold on HUD's process (losing bids and having paperwork rejected
by the bureaucrats).
In the same time period, armed with these insider
secrets, you could have bought and sold at least one house (even doing
it part, part-time) and be
$20,000 ahead of the game!
Even if you're a glutton for punishment (and have
unlimited time and funds to learn the hard way) the guy who buys this
course today will could be on his 3rd or 4th house by the time the do-it-the-hard-way
person is (finally) on his first!
Let's see... $25,000 x 4 is $100,000 in profits
vs. feeling frustrated, tired and broke.
Which do you choose?
Maybe a BETTER question to ask yourself is, "How
will it cost me if I DON'T get the scoop on the HUD buying process?"
Where will you be in a year, in 5... in 10 years? The same exact place
you are now, no better off than a decade ago?
Why choose rehabbing HUD homes as a career or
even as a side-income?
You don't have to have any
previous real estate experience,
You need only a few extra
hours per week,
You don't need a boatload
of cash or credit!
You don't need to be a Bob
Villa or even a decent contractor!
This is NOT like a second
job (in terms of time)!
it IS like a second job
(in terms of the MONEY)!
You'll make your investment
back on (a fraction of ) your first deal!
THIS INFORMATION IS NOT AVAILABLE FROM ANY OTHER
SOURCE, PUBLIC OR PRIVATE, AT ANY PRICE!
Get your ride to HUD profits started TODAY! You
can feel secure ordering this valuable insider information right now!
There's NO RISK because...
The "Buying HUD Homes Hassle-Free "Package
is backed by an IRON CLAD, ZER0-RISK, NO-FUSS, 30-DAY MONEY-BACK GUARANTEE.
Invest in the course TODAY and if you don't think
this material is the most COMPLETE guide for buying HUD homes available
anywhere, at any price, simply return the Package and we'll refund every
dime you spent! We're so confident that you'll love (and devour) every
bit of information in the course, WE'LL EVEN SHIP IT TO YOU FOR FREE!
Dwayne's & Michelle's
You just can't lose with a Guarantee like that!
And our Internet Ordering System is tested and completely secure.
SPECIAL NOW ONLY
Click
here NOW to order online with your credit card
for
just $197.00 If you order Now Today
"You must do what others
won't, so you can live like others can't".
All Major Credit Cards Accepted...
You get BOTH the Manual AND the Manual-on-CD when you
order today!
PLUS...These
2 Special Bonuses are yours
Free
For Acting Today
Only...
Bonus
#1 - Seven Hot Tips CD- Valued At $ 97. This CD contains:
10 Questions To Ask Your
Contractor To Avoid Getting Ripped Off,
The Homeowners Maintenance
Guide (a nice bonus to give your buyer!)
The "For Sale By Owner"
Guide, (how to sell fast and get your money out)
Mold: Danger or Profit
Center? Its scares most people, and rewards the savvy ones!
The 7 Most Common Rehabber
Mistakes (will you commit one -- or more?),
Should I Do My Own Repairs?
How to make the most of your precious time.
5 Tips on Retailing Your
Rehab Project in record time!
Bonus
#2 - HUD Master Forms and Contracts CD - A $197 Value!
Contains all the forms and contracts, in easy-to-use Word format.
You can use the CD as your Master Copy and modify the documents on your
own PC. Some of the documents included:
Form #1. HUD Property Tracking Sheet:
A high percentage of bids will be rejected the first time you submit
them, just based on your offer price. This is GOOD -- it means you are
bidding an amount that allows you a healthy profit. Most of our successful
bids have been the 2nd, 3rd or 4th bid! Obviously, follow-up is key.
That is the purpose of this Tracking Sheet.
Form #2. HUD Offer Worksheet- This worksheet
was designed to help you figure out what you will offer on any property.
You begin by filling out the property address, and then place the sales
prices (ARV) on the next line. We work with 65% of the ARV, so figure
out what that is for your particular property and place it here. Next,
the amount of the repair costs is place on this line. Then on the following
lines fill in the closing cost (for purchasing), Insurance, Taxes, and
Utilities. Once you have placed this data on the worksheet then add
the repair costs through the utilities together. This is your total
rehab cost!!! Then you’ll place the 65% ARV on the next line and
subtract the rehab cost from this amount. The balance you have is the
Maximum Purchase Amount!!!
Form #3. Property Inspection Checklist-This
checklist is something we designed not long after we started rehabbing.
It helps us keep track of the repairs need for each property. This 4
page checklist walks you through the property starting with the clean-out
cost thru drywall work, Interior Paint, Carpentry In & Out, Electrical,
Plumbing, Appliances, Heating/Air, Exterior Paint, Roof, Flooring, Termites/Mold/Other,
Outside (landscaping), and an area for Other. You just total up your
repair cost and use this amount when figuring your Offer. Easy!
Form #4. Weekly Action List- This spreadsheet
is to build a quick list of houses to go look at. Place the date you
found the property, the property address, then when you see the property
write that down, and then fill in any comments on the property. This
sheet helps you make sure you are looking at enough properties to meet
your goals.
Form #5. Vacant House Sheet- This worksheet
performs two different functions. First we give this sheet to people
that bird dog for us. They fill out the top portion of the sheet on
each property. Then if they perform any of the Actions on the Action
List on the bottom portion they circle yes and write in the date completed.
Once we have this sheet from them we then finish our follow up on the
property. We keep these sheets until we or someone else purchases the
specific property. Remember follow up is the key.
Form #6. Property Tax Report Sheet- This
spreadsheet is for tracking the property taxes on all of your properties.
Place the year at the top of the sheet, then fill in the sheet with
your property address, amount of property taxes for that property, Date
due, Date paid, Balance due (if any), How taxes were paid (Check, money
order, cash).
Form #7. Monthly Expense Tracker- This
worksheet was designed to keep track of your monthly expenses for each
of your properties. Insert your property address on the top line of
the sheet, and then you can fill in any of the areas from Insurance
to the HOA fees, and more. Then simply total up your expenses. It is
important to keep track of your monthly expenses when you have rent
to buy, rental, or rehab properties. So you know what your monthly cash
flow needs to exceed.
Form #8. Home for Sale/We Buy Houses Flyers- On
this CD there are actually two sets of these flyers, one is filled out
as an example and the other is for you enter your information on. The
home for Sale portion is printed on one side of the paper and the We
Buy Houses portion is printed on the back. We do this to both utilize
both sides of the paper and it double market if you will. Feel free
to change any of the text on the flyers; we also change them slightly
from property to property. The most important aspect of both flyers
is keep them simple and your number very visible.
Form #9. Hard Money Tracking Sheet- This
spreadsheet is to keep track of your financing if you purchase your
properties with “Hard Money”. This spreadsheet has a place
for your property address and then all the months of the year are listed.
So, simply fill in your property address and then mark which month you
got your financing and which month your loan is due back.
Form #10. Your Weekly Goals- Goals are
an essential part of our lives and business. This sheet was designed
to help set goals and keep you accountable for the goals you set. All
goals are achieved through action. Write your goals on the lines provided
and post them in your office or where ever you will see them everyday.
When you achieve your goals write them down in the achieved area along
with the date you hit your target.
Form #11. Filing System Locator- Do you
have problems finding things once you “file” them? Well,
we did… until we designed this Locator Index. With this you can
find everything you put in your file cabinet. It's an easy-to-use indexing
system. It prevents you from creating or using (for example) "Car",
"Auto" and "Ford" as separate file folders, when
you really want all your data to go in just one file folder. This system
allows you to find anything you've ever filed in just 2 minutes! Ingenious
and simple! We print out the sheet periodically and put it on the side
of the file cabinet.
Form #12. Buyers List for Your Properties-
This sheet is to help build your buyers list. With this sheet you will
have all of the basic information needed to know what type of property
other investors or other buyers are interested in. So, print out several
of these and keep them with you. Then when you attend your local real
estate group meetings you can have other investors or prospective buyers
fill one of them out. Keep them in a file and when you come across a
property that you may not want, you can use these sheets to find other
investors that may want them.
In short, these FREE Bonuses are
designed to give you a complete system for finding, tracking, estimating,
bidding on, winning, closing, fixing, marketing and selling HUD homes!
The only thing we don't help you with is cashing your check!
These FREE bonuses add up to
over $750. The bonuses alone are easily worth the small investment we're
about to ask of you. The combination of these FREE extras PLUS the "Buying
HUD Homes Hassle-Free" Home Study Course Manual AND CD version
makes this an unbeatable package for people looking to streamline their
path to wealth.
Click
Here To Order now
$197
Click
here to Learn about Rehabbing Houses...
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