Prices do get reduced

HUD is very aggressive about reducing prices on their homes.  If it hasn’t sold after 5 or 6 weeks, down goes the price – often by ten percent.  And they will consider bids for less than that reduced price.

Here is an example: a north side condo a short drive to St. Vincent Hospital area.  It has been reduced from $125,000 to $112,500.  Click here to see the video preview.

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