Columbus HUD Homes

There is a lot going on in Columbus this weekend, such as the Festival Latino and Cirque du Soleil to name a few. Make sure you plan your Sunday accordingly and don’t miss any of these great opportunities.
 
I promised that we will feature East Side Homes this week. Well, here are three suburban homes in Reynoldsburg, Blacklick and near Gahanna. They are newer builds in desirable subdivisions, and seem to be in good shape.
 
As a bonus, we also visited the latest listing in the Village of Powell. Don’t be scared by the boarded windows. This home is very nice on the inside and even comes with newer appliances, a sun room and a large deck.

Featured Homes of the Week

Click on the pictures below to display each specific property website and see interior and exterior images, maps, school information, and more.

3159 SOPHIE ST, Columbus, OH
List Price: $143,000  1,900 sqft  3 BR 3.5 BA
near Easton Town Center & Gahanna

8482 PRIESTLEY DR, Reynoldsburg, OH
List Price: $114,000  1,499 sqft  3 BR 2.0 BA

1148 BARLOWE RUN DR, Blacklick, OH
List Price: $145,000  1,945 sqft  4 BR 2.5 BA

8820 ATHERTON RD, Powell, OH
List Price: $124,000  1,344 sqft  3 BR 2.0 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 HUD homes that are still open for offers, including relisted properties.
 
Call me at (614) 975-9650 – I can help you find a great deal on a HUD home, bank owned or short sale listing! 

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

Technorati Tags: Columbus Houses, Columbus HUD Homes, Columbus Realtors, hud listings, Powell

At the beginning of this week (7/6/09) 2 Powell HUD homes were available for all bidders. One of the 2, the listing on 191 W Hiawatha Dr, went into contract today for only $145,509 with a Net to HUD for $137,009 – that is less than 70% of list price!
 
Now we are talking! Why not try the same for the HUD home at 6360 Mohican Drive in Powell which is also available for all bidders. It’s still too expensive as listed, but how about $140,000?
 
On the other end of the price spectrum we find the Brice Park condo in Canal Winchester. I know they had their share of HUD properties in that complex. They usually sell for around $40,000.
 
The Brice Park HUD condo on the boomerang list is only $30,800!!
Too good to be true? Wait till you see the inside – there’s black MOLD in the entire lower level (kitchen and living room). One more reason to never buy a property sight unseen!

You can get insight information on more Columbus HUD Homes like these when you download the Bargain Hunter Spreadsheet. It’s published every Wednesday and shows Columbus houses available to all bidders. If you are not a subscriber, yet, simply click on the blue button at the end of this post. As an additional benefit you will also receive weekly Columbus HUD Homes maps every Friday and the monthly Columbus HUD Homes report.
 
Do you want to buy one of the HUD homes still reserved for owner occupants? You can find them on last Friday’s HUD Homes Map. The bidding deadline is Sunday 7/12/09. 
 
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

Technorati Tags: Canal Winchester, Columbus Houses, Columbus HUD Homes, Columbus Realtors, HUD listing, Powell

Last Sunday I spent a few hours at the Comfest at Goodale Park. This is a very popular event with lots of artists, musicians and vendors of all sorts. My son’s band The Better Days Band played at the Solar Stage at noon. Comfest is one of the largest community festivals in the country. Best of all, there is no admission to get in, and it’s a wonderful place for people watching.

This week I have a rare selection of Columbus HUD homes in the northern suburbs. You probably noticed that HUD does not listing many properties in Hilliard, Westerville or Powell. So enjoy this unique set of Columbus houses and call me to see the inside!
 
Featured HUD Homes

191 W HIAWATHA DR, Powell, OH
List Price: $196,000  2,233 sqft  4 BR 2 BA

4598 MARILYN ST, Hilliard, OH
List Price: $120,000  1,492 sqft  3 BR 2 BA

 
3042 WALLINGFORD AVE, Columbus, OH
List Price: $62,000  1,538 sqft  3 BR 1 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 miss out on this unique selection of properties!
 

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

Technorati Tags: Columbus Houses, Columbus HUD Homes, Columbus Realtors, Hilliard, HUD listing, Powell, Westerville

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

Technorati Tags: Canal Winchester, Columbus Houses, Columbus HUD Homes, Columbus Realtors, HUD listing, Powell

I can’t believe what happened. The Edgarton HUD Home I mentioned in my recent post has been relisted this morning. HUD accepted a $115K offer on Wednesday, but somehow the buyer did not come through. Now it’s back on the market for owner occupants for 5 days. This may be your third chance to get it!

You may wonder why Columbus HUD homes get relisted only 2 days after they went in contract? There are different reasons: maybe the prospective buyer did not realize that the house was uninsured (which means no FHA loans) and had to cancel the offer, or the realtor did not submit the paperwork in time (you only have 48 hours after the offer was accepted to get all your originals to NHMSI).
 
There are 21 new HUD listings this week. On top of it you’ll find 54 relisted Columbus houses, including suburban homes we featured before.
 
If you like Powell you should take a look at the property on 6360 W. Mohican Dr. It is available to all bidders. At a list price of $190,000 it’s too expensive. But HUD may soon consider lower bids to move this home. 
 
Listing Statistics

Total homes available: 86 (last week: 74)

Owner occupants: 75
All bidders: 11
New listings: 21
Relisted: 54
 
Median Price: $61,600 (last week: $71,500)
Average Price: $67,206 (last week: $76,961)
Highest Price: $190,000
Lowest Price: $5,000
 
Homes less than $50,001: 36 (last week: 28)
Between $50,001 & $100,000: 34 (last week: 21)
More than $100,000: 16 (last week: 25)
 
Call me TODAY at 975-9650 to schedule showings for 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

Technorati Tags: Columbus Houses, Columbus HUD Homes, Columbus Realtors, Edgarton, Grove City, HUD listing, Powell, statistics

Three Central Ohio suburbs dominate the Columbus HUD Homes market. HUD homes in these cities are typically less than 10 years old, offer more than 1500 sqft living space and come with at least 3 bedrooms and two car garages.
 
You can buy Columbus HUD homes in these 3 suburbs for up to 50% less than what they were built for. Of the 76 HUD homes available today, 25% are located in these 3 suburbs!
 
Here are the cities I am talking about:
Grove City 6 HUD homes (4 new listings)
Canal Winchester 6 HUD homes (1 new listing)
Blacklick: 7 HUD homes (1 new listing)

Quick Update: The $224,000 house in Powell is in the contract. This time HUD accepted $180,050 – that’s a 20% discount!

If you missed out on this deal, another Powell HUD home became available today. It’s a 1441 sqft house built in 1992 and comes with very large lot. Call me, if you can’t find it on the map!

Not a subscriber, yet? Click on the button below and get your weekly HUD maps immediately:

 
Listing Statistics

Total homes available: 76 (last week: 72)

Owner occupants: 61
All bidders: 15
New listings: 15
Price reduced: 46
 
Median Price: $63,000 (last week: $62,000)
Average Price: $75,853 (last week: $73,343)
Highest Price: $190,000
Lowest Price: $10,000
 
Homes less than $50,001: 29 (last week: 28)
Between $50,001 & $100,000: 20 (last week: 24)
More than $100,000: 27 (last week: 20)
 
Call me TODAY at 975-9650 to schedule showings for 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

Technorati Tags: Columbus Houses, Columbus HUD Homes, Columbus Realtors, HUD listing, Powell, statistics

The weather is really beautiful in Central Ohio - perfect for house hunting. We’ll give you a head start with 3 new Columbus HUD homes just published late Friday.  
 
These Columbus houses are spread out over three suburbs, with prices between $90,000 and $224,000.  I am sure that one HUD Home will be right for you!  

5226 Willow Valley Way, Powell OH 43065
List Price: $224,000 
 

 
825 Holly Farms Dr, Blacklick OH 43004
List Price: $137,000

 
1551 Valley Dr, Reynoldsburg OH 43068
List Price: $90,000

Previously featured Columbus HUD homes are still available for you to see at the following website: http://columbushudhomes.postlets.com
 
Call me at (614) 975-9650!  
 
We can always go see a few properties right after work!

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

Technorati Tags: Blacklick, Columbus Houses, Columbus HUD Homes, Columbus Realtors, features, Powell, Reynoldsburg