HUD Homes have their own happy hour for Indianapolis area real estate investors.  HUD Homes come on the market on Fridays in Indiana.  During the first ten days of the listing, bids from owner-occupants are considered.  So bids are due by Sunday night - Day Ten.  On Monday bids are opened and posted in the afternoon.  Normally they are posted by early- or mid-afternoon.  There is then a short time period for alert real estate investors to review the HUD Homes that the owner-occupants did not produce a successful bid.

So from mid-afternoon Monday, there is a short time period for investors to make their decision about purchasing a Central Indiana HUD Home.  Those bids need to be submitted by Monday night for a Tuesday bid opening.  If there is an acceptable bid from an investor on Monday, it will be posted on Tuesday afternoon, even if there is a higher bid from another investor submitted on Tuesday.

Therefore it is essential for investors to be alert to the opportunities during the short window of time on Monday afternoons.  If you are an investor and would like to receive information about Indianapolis area HUD Homes, be sure to visit the following Indianapolis HUD Home website: www.hudupdates.com.   Or you can contact Dan Rosenberger of the Real Estate Finders Team at Harvest Realty.  Dan's direct number is 317-709-2537.  For those who are wondering the difference between a HUD Home and a foreclosure, the foreclosure is a bank-owned home.  When the bank decides to transfer the home over to HUD, it then becomes a HUD Home.

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