Time is running out for those of of you that wanted to claim the $8,000 first time home buyer tax credit. Due to the time it takes to get a contract accepted and the financing for your loan approved, this will probably be the last weekend to submit an offer on Columbus HUD homes. There is a slim chance that you can still close before the end of November, if you get an offer accepted on Monday. But there are no guarantees!
Although the number of HUD listings went down to 54 this week, there are some remarkable properties on this week’s Columbus HUD homes map.
First off, I found a 5 bedroom, 2,156 sqft home in Plain City for only $55,000. It’s probably the first HUD home listed in Plain City for 3 months.
Then I detected a 3 bedroom ranch in Grove City for only $47,000. Sounds like a pretty good deal considering that most Columbus houses in Grove City sell for around $100K.
Finally, if you want to go really cheap there’s a 3 bedroom home on Terrace Ave on the Hilltop for only $6,000. It is uninsured, so you can’t buy it with a regular FHA loan. I would assume that you can buy this type of property with cash anyway.
Listing Statistics
Total homes available: 54 (last week: 61)
Owner occupants: 37
All bidders: 17
New listings: 13
Sunday deadline: 16
Relisted/Price reduced: 8
Median Price: $61,500 (last week: $70,000)
Average Price: $75,457 (last week: $79,544)
Highest: $180,000
Lowest: $6,000
Homes less than $50,001: 24 (last week: 24)
Between $50,001 & $100,000: 15 (last week: 20)
More than $100,000: 15 (last week: 17)
Call me TODAY at 975-9650 to see the newest HUD Homes this weekend!
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
