Arrowhead Escrow Blog

Southern California HUD Home Training!

Calling all Southern California Agents! How would you like to grow your business by establishing yourself as an expert in your local community by learning about an exciting niche in Real Estate that is exploding in popularity?

Every month in Southern California more and more FHA loan are being originated than ever before and as a result for the first time since the 1990's Southern California's inventory of HUD Homes is growing.

This is a very profitable niche in the real estate market for the agents who take the time to become experts in this field. Unlike other REO's where you would split your commission with the listing agent, on Southern California HUD Homes you can earn up to 5% with no splits!

Don't get us wrong, these transactions are complex and can be frustrating to new agents. In fact most agents who do their first Southern California HUD Home transaction say they will never do another one. That's because they didn't take the time to get trained and the process frustrated them.

These Southern California HUD Homes are completely different than other Southern California Foreclosures. The process is nothing like anything you have ever done. Trust us, we have done over 30,000 of them.

Not only can you make more per transaction on HUD Homes than other Southern California Foreclosures, HUD offers huge buyer and agent incentives. You can learn more about those here. On top of those seller credits, there are special programs that can allow for down payments for as low as $100.00!!! Or if your buyers happen to be a Police Officer, Fire Fighter or Teacher they can qualify for something called the Good Neighbor Next Door Program which allows them to buy the home for half of the listing price!

As you can see this niche holds lots of promise. But to position yourself as the local Southern California HUD Home expert you need to know your stuff. Lucky for you there is free trainings offered all the time. Pemco (HUD's contract agent for all Southern California HUD Homes) puts these trainings on for you. You can get a schedule of up coming trainings here.

These trainings are extremely popular and are frequently filling up. Don't waste your opportunity to expand your market presence by taking advantage of these amazing resources.

Good Luck Out There,

--Arrowhead Escrow

PS

If we receive enough feeback through comments on this blog we will hold additional trainings at our office!

PPS

We have been HUD's Escrow Agent for Southern California since 1994 and we have completed over 30,000 of these transactions. The things we know would blow you away!