Columbus HUD Homes

Every once in a while a HUD house stands above the rest. Today is one of these rare occasions.

The Dublin HUD home on Pyramid Falls Drive is truly exceptional. It is only 2 years old, more than 2,200 sqft large and spotless. The kitchen counter-tops are granite with a beautifully tiled back splash. Other upgrades include brushed nickel light fixtures throughout the house, ceramic tile and hardwood floors.

This is a free standing condo, so you don’t have to worry about the yard. However, your condo fees are a whopping $170 per month. And it is located in the Columbus School district.

As a matter of fact 4 of the featured HUD homes are in the Columbus City School District, despite their suburban mailing addresses.  Columbus schools sometimes get a bad rep. However, over the past few years this school district was very successful, significantly improved graduation rates and built more new school buildings than you can count. 12 Columbus high schools were ranked among the best in the nation by US News and World Report.

Here are my 5 HUD picks of this Week!

5149 Pyramid Falls Dr, Dublin OH
3BR/2.5BA 2,420 sqft Asking $179,000

2081 Winding Hollow Dr, Grove City OH
4BR/2.5 BA 1,862 sqft Asking $120,000

502 Tourmaline Dr, Blacklick OH
3BR/2.5BA 1,630 sqft Asking $110,000

4037 Summerstone Dr, Columbus OH
3BR/2.5BA 1,592 sqft Asking $150,000

1735 Westwood Dr, Lewis Center OH
4BR/2.5BA 2,226 sqft Asking $205,000

Call me at (614) 975-9650 to see these spectacular homes!

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

What has changed from a week ago?

At first glance the numbers are almost the same. The total number of HUD homes on the market has not changed since last week.

NHMSI added 29 new HUD listings, which means that 29 homes went in contract during the past 7 days. 80 homes are available to investors.

A nice HUD house in Orange Township (Lewis Center) just came on the market. It’s listed for $205,000 and offers 4 bedrooms with more than 2,200 sqft of living space.

The other suburban HUD home I want to mention to you is on Pyramid Falls Drive in Dublin. This one’s a free standing condo. It was sold to its original owner for $215K. Now it is priced at $179K.

Details will follow on Sunday!

Listing Statistics

Total homes available: 178 (last week: 178)

Owner occupants: 98
All bidders: 80
New listings: 29
Sunday deadline: 26
Relisted/Price reduced: 43

Median Price: $72,000 (last week: $72,000)
Average Price: $72,746 (last week: $73,063)
Highest: $205,000
Lowest: $9,000

Homes less than $50,001: 56 (last week: 56)
Between $50,001 & $100,000: 80 (last week: 85)
More than $100,000: 42 (last week: 38)

Call me today at 975-9650!

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

HUD just flooded the Columbus market with 31 new listings, which increased the total number of Columbus HUD homes for owner occupants to 87.
 
This is good news, if you are in the market for Columbus houses. The selection has never been better in 2009 and there are quite few remarkable deals.
 
It’s hard to believe that a 3 year old Dublin condo hit the market today. It’s on Mesa Falls Street in the new Haydn Falls development. This condo is listed for $132,000. The original owner paid $154K in 2006.
 
If you received our most recent Columbus HUD homes map you will notice that the marker is not at the correct location on the map. Yep, it’s that new! It should be near the intersection of Haydn Run Rd and Leppert.

Two more thing you need to know about this condo. First, it has 3 levels and you need to use very steep stairways to get from one level to the next. Don’t consider this home, if you hate to climb stairs.

Despite its Dublin address, you should also know that it is in the Columbus School District. If you have kids and want to send them to suburban schools, you should look for another residence in the Dublin or Hilliard school districts.

Many of this week’s new HUD listings are clustered in Blacklick and Canal Winchester. Make sure to check out the weekly HUD homes map. 

Listing Statistics

Total homes available: 107 (last week: 102)

Owner occupants: 87
All bidders: 20
New listings: 31
Sunday deadline: 39
Relisted/Price reduced: 17
 
Median Price: $81,000 (last week: $80,500)
Average Price: $81,126 (last week: $78,691)
Highest: $192,000
Lowest: $9,000
 
Homes less than $50,001: 25 (last week: 25)
Between $50,001 & $100,000: 51 (last week: 52)
More than $100,000: 31 (last week: 25)
 
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

In my last post I indicated that more and more HUD homes listings appear in the northern suburbs of Columbus. Many families with school age children look at these areas to buy a new residence for their family. In the past most suburban homes were too expensive and out of reach for them.

That has changed. Now that HUD homes are available in desirable locations, such as Dublin, Westerville, New Albany, Powell, and literally in all school districts surrounding Columbus, it is more affordable than ever to move to the suburbs. Add the home buyer tax credit and the record low interest rates, and you’ll be able to afford the most home for your money in your lifetime.

Here are 5 large, 4-bedroom Columbus HUD Homes you need to check out.

5720 Dorsey Dr, Dublin, OH
4BR/2.5BA 1,928 sqft Asking $150,000

5485 Willoughby St, Columbus, OH
Near Reed & Bethel in NW Columbus

4BR/2.5 BA 1,728 sqft Asking $130,000

3825 Mount Hood Ct, Westerville, OH
4BR/2.0BA 1,454 sqft Asking $82,000

4319 Valley Quail Blvd South, Westerville, OH
3BR/2.5BA 1,756 sqft Asking $110,000

5400 Bullfinch Dr, Westerville, OH
4BR/2.5BA 1,896 sqft Asking $150,000

Call me today at (614) 975-9650 – You don’t want to miss out on these deals!

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

What a nice and cool weekend! Perfect to work in your yard, go for a nice long walk or look at the exciting Columbus HUD Homes of this week.
 
First, I want to introduce a non-HUD property that may be a good fit for you. 
 
It is located in Dublin on a deep 1/2 acre lot, was completely remodeled and is tastefully decorated. Best of all, it does NOT have any stairs.
 
Why is this important? Many of our customers tell us that they hate dragging stuff up to the bedrooms or down into the basement. Many are simply looking for Columbus houses with first floor bedrooms.
 
Well, this is the perfect opportunity for you! This California ranch features an open design with vaulted ceilings, an abundance of windows and a great view from every room of the house.
 
This home is very affordable at only $180,000, which is less than the asking price of many suburban HUD or bank owned homes.   

Featured Homes of the Week

Two of our featured HUD homes are in Westerville, one is located in Hilliard. Here they are – excellent, suburban residences ideal for first time buyers.

5347 Covington Meadows Dr, Westerville, OH
List Price: $174,000  1,728 sqft  3 BR 2.5 BA

5067 Beckenham Ct, Westerville Schools
List Price: $75,000  1,200 sqft  2 BR 1.5 BA

5144 Frisco Dr, Hilliard, OH
List Price: $108,000  1,252 sqft  3 BR 1.5 BA

You can see more previewed HUD homes at our website: http://columbushudhomes.postlets.com
 
Here you will also find a complete and up to date list of all featured Columbus HUD homes that are still open for offers, including relisted properties.
 
Call me at (614) 975-9650!  
Don’t forget to look at the Dublin Ranch before it’s gone!

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

On Tuesday we visited the BIA Parade of Homes at Tartan Fields in Dublin. That’s at the far North West side of Columbus, in Jerome township across the street from Glacier Ridge Metro Park. At the Parade you can view 11 fully staged Columbus houses from different Central Ohio builders. The homes are beautiful and give you a good idea of the latest and greatest in home technology, style and design.

I wrote a short article capturing my impressions of the Columbus Parade of Homes. I discovered 5 new trends in home design you may find interesting. You can read it here …

Parade homes may be too expensive for some of you – most of them are priced at $800K to $900K. If you are looking for a gorgeous Dublin home on a 1/2 acre lot for only $180,000, then check out our new listing at 5400 Harvest Street. It has been completely remodeled and it is fully staged!

Columbus HUD Homes for Bargain Hunters

This week’s bargain hunter’s list is not very exciting, if you are looking for a nice suburban home. There is a condo near Bexley and a nice 4 BR home in Reynoldsburg on Bellow Park.

However, there is a number of bargain investment properties. Our 8 boomerang homes are priced at $60,000 or below. You can even get a 4 bedroom Linden double on 2490 Osceola Ave for a mere $18,000. For purposes of FHA financing it is listed as insurable with repair escrow

To download today’s Spreadsheet you need to subscribe to our newsletter – simply enter your email in the box to the right and click the submit button.

Currently, twenty one Columbus HUD homes are reserved for owner occupants. Do you want to make an offer on one of them? The bidding deadline is Sunday 7/19/09. 
 
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

Here is a rare opportunity – a Dublin HUD home. Over the past 6 months we only saw a few HUD listings in Dublin. So, this $90,000 townhouse is definitely unique.
 
The first floor is wide open with family room, dining room, and kitchen. It even comes with a small deck in the back. Go downstairs to find a finished basement with a full bathroom. Upstairs, on the second floor, there are 3 bedrooms, including a master suite.

Click on the address for maps and 18 pictures:

2905 Rushbury Dr., Dublin, OH

HUD OWNED Condo in Desirable Dublin Schools
OFFERED for $90,000
CASE NUMBER 413-436725
BID DEADLINE: 3/15/09 for OWNER OCCUPANTS
 
Click the link below to watch the video:

 
Owner occupants receive a $2,500 credit at closing.
 
Don’t delay! It’s still available for owner occupants until Sunday! 
 

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