Columbus HUD Homes

It took me a little longer than usual to put this post together. There’s a lot going on these days with many buyers calling to schedule showings. We see plenty of activity in the Columbus HUD Homes market. It’s certainly not as bad as the national media wants you to believe.
 
Well, there were only 4 boomerang homes on the list and only 21 listings are available to all bidders. In yesterday’s email I said that the house on 5353 Rifle Drive in Canal Winchester looks like a great deal. It was offered for $115,000 with 4 bedrooms and 1871 sqft. I checked comparable sales of similar Columbus houses – the retail value of this home is around $160,000. 
 
Today it’s in contract for $100,000. Definitely a super deal for the buyer in Canal Winchester Schools! Since it is listed as insured with a repair escrow, the condition should be very good. Here are more pictures of the property.
 
You may want to keep an eye on the HUD home at 6360 Mohican Drive in Powell. Although it is still listed at the high price of $190K, I believe that HUD will reduce its price soon. Or they may simply accept a lower offer … Call me for an educated guess
 
Only 6 Columbus HUD homes are currently reserved for owner occupants? You can find them on last Friday’s HUD Homes Map. If you don’t have a HUD Homes Map and don’t receive our regular email updates, simply click the blue button below this article and add your email to our list.  
 
Don’t hesitate to call me TODAY at (614) 975-9650, to schedule a showing!

Thanks for reading our Columbus HUD Homes Blog
Posted by: Susanne Novak, ABR, FIS, GRI 
Columbus Realtors specializing in
HUD Homes, Shortsales, Investment Real Estate
(614) 975-9650