In this YouTube short, the presenter explains how to locate HUD‑approved abandoned homes that are up for auction, using an online map interface. The walkthrough focuses on Arizona, highlighting listings in Maricopa County and a specific 5‑bedroom, 2‑bathroom property in Buckeye with a starting bid of $360,000. The speaker describes the auction format, the roles of asset managers, listing brokers, and field service managers, and stresses that acquiring such properties is paperwork‑intensive and cash‑heavy, requiring proof of funds and a legal review before bidding.
Chapters
What you're going to be getting is houses that were HUD approved and on HUD that are now needing an owner because somebody abandoned them. Right. So this is a map of where to start looking, right? These are all the listings. Let's go to Arizona. We know the area pretty good. So these are, these are, you know, houses that are, you know, bids are opening right here. So $600,000, $600,000. These are down in, in Maricopa. These are— these got crazy prices. Go over here, click on that, on this map real quick. I want to see what the map shows right here in Buckeye. See that Buckeye one right there? Do you see the Buckeye one right there? Yeah. Okay, so this is in what's called Buckeye, Arizona. It's a 5-bed, 2-bath, and it's up for— it's a new listing. Bidding starts tomorrow, and it's at $360,000. So I can, I can understand this property. I know the area. So when I look at this property, if you want to click that, we can look at it. And so this, this being $360,000, you know, it's, it's basically been turned into an auction situation. So, um, it gives you access to the asset managers, the listing brokers, the field service managers. It says there that you can do basically from the same website, look for distressed properties and loan opportunities. Right. So it says right here, these can be paperwork heavy and cash heavy. So have proof of funds and legal review ready, right?
