The Dog Days of Summer have an impact on Columbus HUD Homes sales.
Owner occupants seem to delay their HUD home buying decisions while they are busy with vacations and other summer activities. This is not unusual. Almost every year June and July have been pretty slow months when it comes to selling real estate.
This creates great opportunities for investors. There are more suburban HUD homes for investors than any time I can remember.
On today’s bargain hunter list you will find 8 HUD homes in Reynoldsburg, at least 2 in New Albany, 2 in Upper Arlington and more in most other Columbus suburbs.
Are you a serious investor?
Now is the best time to submit your offers! There’s less competition from owner occupants. What’s more, there may not be any opportunities to buy HUD homes for a month, when the transition to the new management company begins.
Give me a call at 975-9650! I would like to share with you an incredibly low offer I just got accepted.
Summary of Bargains
HUD Homes available to all bidders: 108 (last week: 130)
Boomerang homes (relists from Fri): 28 (last week: 22)
Bidding Results of Featured HUD Homes
Only two of the five HUD homes I featured a week ago received acceptable offers. See details below.
1575 Lancaster Ave, Reynoldsburg, OH
3BR/1.0BA 1,452 sqft Asking $119,000
Offer accepted on 07/20/10 for $103,069 – 13% below list price
8514 Old Field Birch Dr, Blacklick, OH
3BR/2.5BA 2,456 sqft Asking $148,000
Offer accepted on 07/19/10 for $128,000 – 14% below list price
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
