Use the HUD Website for Locating Investors for Your Buyer's List

Use the HUD Website for Locating Investors for Your Buyer's List

Here is how to build a list of buyers ultra fast and systemetize a growing list of buyers.

Okay, go to the HUD website for your state. The HUD's website link: http://www.hud.gov/homes/

1. Now find the Bid Statistics section hyperlink and select your city. Hit the search button.

2. Now you are looking at the HUD homes autioned off or still available. You want to find homes that have had offers accepted. Take down or copy and paste the address and date into your tentative buyer's list.

3. HUD homes on the market for the first 10 days are available to regular home buyers only. After that, investors can purchase them. Find the ones investors purchased. The bid dates and last listed dates will clue you into the investors that nabbed the properties.

4. Scroll down to the oldest properties on the list first as these have already closed. HUD requires closing 60 days from the date the contract was signed.

5. After a home has been closed on by an investor, the registrar of deeds will be updated as well as the tax records. Now locate the investor and contact them. Go to the registrar of deeds or the county's tax website for cross referencing the lists of addresses you gathered.

6. Set up the system where you track sold homes. This way you have an updated and steady stream of investors to call or write and to place on your buyer's list.

__________________

Brian Powell Jr.

What's money? A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do. - Bob Dylan, 1941-?

Risk! Risk anything! Care no more for the opinions of others, for those voices. Do the hardest thing on earth for you. Act for yourself. Face the truth. - Katherine Mansfield, 1888-1923


Wow

Thanks a lot for this post. This means a lot to me for i'm still struggling to find more buyers to be added on my lists. LA

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Everytime you repeat the words "I CAN DO IT" with conviction, you cancel or override your fear and increase your confidence. By repeating this affirmation over and over, you can eventually build your courage and confidence to the point where you are unafraid. -Brian Tracy-


Great approach...

Very similar to what many of us are already doing with our County Records websites, but I never thought to apply it to HUD's website. It's bound to pick up at least a few people who won't be on the county sites...

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Paul: "I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when my fear is gone I will turn and face fear's path, and only I will remain."

Duke Leto: "I'll miss the sea, but a person needs new experiences. They jar something deep inside, allowing him to grow. Without change something sleeps inside us, and seldom awakens. The sleeper must awaken." - "Dune."


Great Tip!

Thanks for the tip!

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


Thank you

Thank you for that helpful tip.
lbrown


Great Tip!

Thank you for sharing this info!
I've been struggling getting buyer's list together, this is very helpful Smiling

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Whether You Think You Can or Can't, You Are Right
~ Henry Ford ~


Detailed Instructions

Rick:

I will do my best to try walk you thru the steps for the HUD Site:

1. Go to http://portal.hud.gov/portal/page/portal/HUD/topics/homes_for_sale
(there are several government agencies you can check out also)
2. Click on HUD
3. Pick your state, it will load a link to another site, click that link.
4. On the right side of the screen "Real Estate Agent's Corner", click "Search by City" under "Bid Statistics".
5. A window will come up with a list of Cities, pick the areas you are intersted in.
6. A list will come up of all the properties along with all the bidders for that property.

Hope this help!

Chris

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


H.U.D

Thanks for this valuable info,I am a newbie

Paul: Austin,Texas


Great Info

Thank you for the step by step instructions. I am probably going to make my first offers this week, but I am apprehensive because I don't have a buyers list yet. I have a conference call set up for Wednesday with the president of my REI club. So, I am praying this meeting will build my buyers list.

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Andrea M. Peters


Awesome tip!

Thanks for the info! As a newbie, I haven't thought about building my buyers list this way. Thanks for sharing.


Contacting Investors

I followed everything you said and got a list of the new "owners" of the properties on the county website. How do I know if they're an investor? Do I just call them and ask? What do I say to them when I call?

Please help,

Holly


Finding Bid History on HUD Website

I was having a hard time finding this info for Missouri. Chris said that he had done it in R.I. so I asked him how he did it. He responded with the steps which is duplicated in this thread above. I tried his method and found that it did not work in Missouri so I had to work a little harder to find it but I eventually did.

Go to my journal at http://www.deangraziosi.com/real-estate-forums/investing-journals/35914/... for the specific steps for Missouri.

Hope this helps some more.

Rick


Determining Investors on HUD

Holly,

Many times you can tell by the owner name. If it is xxxx LLC, or has the word investors or investments in the name, that's a clue. In Missouri, the HUD listing identifies the owner as an investor or an owner/occupant. Also, in my county, the county website will name a man and a woman "H/W" This might indicate that they are owner/occupants.

Hope this helps.

Follow my journey at http://www.deangraziosi.com/real-estate-forums/investing-journals/35914/...


brilliant

Thanks for the tips guys! I went to my state HUD's website and looked under "Bid results" and have already found some new investors. I plan on calling them ASAP!

__________________

Everything comes to him who hustles while he waits.
Thomas A. Edison

Be not the slave of your own past. Plunge into the sublime seas, dive deep and swim far, so you shall come back with self-respect, with new power, with an advanced experience that shall explain and overlook the old.
Ralph Waldo Emerson


finding info on investors..

I also found some investors that are just listed by their name, not a particular company or LLC. Anyone have ideas about how to find these people's phone #'s.

__________________

Everything comes to him who hustles while he waits.
Thomas A. Edison

Be not the slave of your own past. Plunge into the sublime seas, dive deep and swim far, so you shall come back with self-respect, with new power, with an advanced experience that shall explain and overlook the old.
Ralph Waldo Emerson


Thanks for great tip!

re: HUD Website for Buyer's List

I'll be using this today to help build my list. Thanks so much for sending this info out to us. Very helpful!

Best regards,

Anne


Limited results

Hey everyone,

I went to search and I only found three properties sold in late November and December around where I live. Do they clear off the older auctioned properties every month? Is there a way to find them or do you just have to keep taking down and checking the site for new sales?

Vincent

__________________

"He who is mighty has done great things for me...He has...exalted those of humble estate; he has filled the hungry with good things..." Matt. 1:49-53


Problems with HUD

If you are having problems with the strategy I layed out, you are not alone, I am having trouble making it work fully. However, I haven't played with the system long enough to get the hang of it and make it work for me. I learned it from another source. Each state is different. I would just advice playing around with the site and figure out how to make it create a list of motivated buyers. You might also consider talking to an agent that is listed on the HUD site or call the site's contact info and ask them questions you have. Hope you can make it work.

__________________

Brian Powell Jr.

What's money? A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do. - Bob Dylan, 1941-?

Risk! Risk anything! Care no more for the opinions of others, for those voices. Do the hardest thing on earth for you. Act for yourself. Face the truth. - Katherine Mansfield, 1888-1923


Have an Address!

If you have an address, you can locate all the information 60 days after the closing at the county of deeds or tax assessors office if I am correct. I know that with the address, once the county updates the records, your investor's info will be listed.

__________________

Brian Powell Jr.

What's money? A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do. - Bob Dylan, 1941-?

Risk! Risk anything! Care no more for the opinions of others, for those voices. Do the hardest thing on earth for you. Act for yourself. Face the truth. - Katherine Mansfield, 1888-1923


Thanks

Thank you, Brian!

Vincent

__________________

"He who is mighty has done great things for me...He has...exalted those of humble estate; he has filled the hungry with good things..." Matt. 1:49-53


kong sourivong

Thanks Dean and Jeff it so wounderful conference, I used the tap recorder to listen again and again. I still need help and hand in hand and side by side. Please come here and help me.Dean and Jeff.

Thank you very much, Hoppy Holiday !!!

Dean people have a good Luck ,and Happy New year.!!


Brian

Great info. Thanks for sharing this.

__________________

"If you cannot do great things, do small things in a great way.”
Napoleon Hill quote


just trying to start

Hope this works for me. My house is going into foreclosure, lost 2 jobs in the last 2 years. Haven't been able to find anything, probably due to my age, I'm a senior, and my credit rating is so bad it goes against me on job apps. So if anybody has a suggestion for my first step, I would be grateful. Thank you and have a very properous New Year.


Greetings,Believe it or not

Greetings Bonnie Oconnell,

Believe it or not I'd say you're in a great position. Have you gotten any of Dean Graziosi's books? They'll give you plenty information and action steps on how to sell property in foreclosure. Furthermore, you're the one negotiating the price; just let the buyer know you will accept no less than said amount (foreclosure amount plus fees). If there is considerable equity in the property you may want to consider adding on a little more for yourself to cover other expenses or RI investing.

Be optimistic and prayerful. Romains 14

Remember there are more answers than questions. More David's than Goliath's.

Charlie


I tried it...

This is an awesome idea! I tried it, but have one problem. There are a few Investors listed but even the ones that have sold over 60 days a go have not yet been updated on my counties website. Im going to call them and ask their turn around time in updating. It does list the agent that made the bid...do you know of another way of getting the Investors contact info?

Thanks!

Julia


SECURITY!!!!!!!!!!

SECURITY!!!!!!!!!!

__________________

"He who is mighty has done great things for me...He has...exalted those of humble estate; he has filled the hungry with good things..." Matt. 1:49-53


great insight

many thanks


Great Information

I've been on the HUD site before, but never thought about building a Buyers list this way. I try it now, thanks.

Ty

__________________

Yesterday is history, Tomorrow is a mystery, and Today is a gift...

Ethel Griffin

...So don't throw away a gift, do it today as tomorrow is not promised.


Great

Information! You never know where your next lead may come from! I'm definitely making bookmarks of these! It's always good to remember the basics!

__________________

You gain strength, courage, and confidence by every experience in which you stop and look fear in the face. Do things you think you cannot do. Tough times never last, but tough people do.

See Where The Journey Never Ends At: http://www.deangraziosi.com/real-estate-forums/investing-journals/69250/...

Chase Brooks
www.brooks-investments.com


Great!!!! Thanks for letting

Great!!!! Thanks for letting me know!!


Brian

not sure if you're still around, but this is a great post!!

and it is true, because I recently bought a HUD property out of state, and a couple of months later I received a letter from another investor letting me know that he had some properties for sale in that area Eye-wink

__________________

Valerie

“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss

"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown

My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...


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