Making a profit in HUD homes

Making a profit in HUD homes: "After searching the HUD website, i located a property in my city up for bidding. The home is priced at 115k. Homes next to it have recently sold for 120k. I can assure you they are equal in size and features.

I went by the house to look closer at it. It is obvious a new roof and gutters are needed for both the house and detached garage. The siding is in bad shape as well. There are traces of mold in the home, although i dont know to what extent. I have not seen the inside, but from looking through the windows you quickly notice the work which would have to go into that as well. "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.