USA Today Confirms It’s Time to Buy a HUD Home Now

Written by Susanne Novak on August 26, 2009 – 8:45 pm -

You read it first on our blog! In last Sunday’s post I told you the 2 reasons why you must close your home purchase before December 2009. I am proud to say that I beat a major national paper to this story.
 
Yesterday, USA Today columnist Sandra Block published a similar article in her column. Here’s a link to her article with the title: “2 reasons why now really may be a great time to buy a home”
 
On Friday I mentioned the brick home on 931 Oak Street and told you that it was listed far below market value. It is in contract again for $49,999 which is a little more than the first bid they accepted.
 
If this buyer read our blog before submitting the offer, he would have known that they could have offered less to get this HUD home. Never mind, it’s still a great deal for the Old Towne East neighborhood.
 
Tell your friends about the Columbus HUD Homes blog and email newsletter! Here you get find information nobody else provides in Columbus!
 
7200 Springdale Dr, Reynoldsburg, OHOnly 23 HUD homes are available for investors this week, 6 of them are boomerang homes which were relisted last Friday. You may want to take a look at 7200 Springdale Dr in Reynoldsburg. Looks like a good deal for $61,200, even though it is a condo!
 
The $187K home in Newark is still available. It’s probably overpriced. Submit a low ball offer anyway, if you like the area. 
 
Please make sure to tell all your friends about our blog and email newsletter. We keep extensive statistics of previous Columbus HUD Homes sales including copies of bid results no longer available on the NHMSI website.

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


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