Susanne's Blog

Upscale HUD Homes Less Than 10 Years Old This selection of HUD listings shows why HUD homes are such a great value for first time home buyers. I picked the best homes in Blacklick, Groveport and Grove City. All of these homes are huge, more than 1,800 sqft each, they are located in nice, suburban...

Are HUD Homes Still Good Deals Now That Incentives Are Gone? You may have heard that FHA discontinued some very valueable incentives to buy Columbus OH homes for sale owned by HUD. The $100 down-payment FHA loans and the $2,500 incentive for owner occupants are gone. Many people have asked me, if...

FHA Changes Rules on HUD Homes Loans Again Just when I finished the HUD homes map for this week, I discovered that NHMS published another announcement. It says that they will no longer allow buyers to order a 2nd appraisal when they finance their HUD home purchase with an FHA loan. Over the past ...

HUD Listing Statistics in Central Ohio for the Week of 02/19/2010 Total homes available: 114 (last week: 132) Owner occupants: 64 All bidders: 50New listings: 27Sunday deadline: 16Relisted/Price reduced: 21  Median Price: $71,325 (last week: $80,100)Average Price: $75,564 (last week: $80,543)High...

Gigantic Columbus HUD Homes For Less Than $37 Per Sqft In today's real estate market you can buy a lot of living space for $100,000. The average per square foot price of suburban homes for sale in Central Ohio used to be around $100. This means for around $100,000 you were able to buy a 1,000 sqf...

Listing Statistics for Central Ohio HUD Homes for the week of February 12, 2010 Total homes available: 132 (last week: 138) Owner occupants: 101 All bidders: 31New listings: 16Sunday deadline: 62Relisted/Price reduced: 23  Median Price: $80,100 (last week: $80,500)Average Price: $80,543 (last wee...

FHA Kills Incentives for Buyers of HUD Homes I am sorry to be the messenger of bad news. But this is very important for all owner occupants who planned to buy a HUD home in 2010.  HUD announced that effective February 12, 2010 - that's a Friday - HUD homes sold with FHA financing will no longer b...

HUD Homes Buried in Snow The past couple of days were really tough for house hunting with 2 feet high snow drifts piling up at the front door of many Columbus HUD homes.  Nevertheless, I previewed 5 new suburban HUD listings in the north east - just for you: Westerville, Gahanna and Blacklick. En...

Central Ohio HUD Listing Statistics for the Week of 02/05/10 Total homes available: 138  (last week: 104) Owner occupants: 108 All bidders: 30New listings: 62Sunday deadline: 28Relisted/Price reduced: 18  Median Price: $80,500 (last week: $69,500)Average Price: $80,535 (last week: $71,103)Highest...