HUD Home Buyers Benefit From Year End Discounts
Remember last week's article on year end bargains? I issued a DEAL ALERT and recommended you take advantage of the slowdown of the real estate market during the winter months.
Well, some of my customers have already benefited from this advice. Recently, we got offers on Columbus HUD homes accepted at 20%, even 30% below list price. These Columbus houses are not junkers, but really nice suburban homes that just need a little bit of work.
In early January you can get these discounts even during the initial 10 day listing period, not only when properties are relisted or fall out of contract. Do not hesitate with your offers! Once the market picks up, these tremendous discounts will be gone.
Today's bargain hunter list offers terrific opportunities for all bidders. A total of 40 houses are available, only 7 are boomerang homes relisted on Dec. 25. Most of our featured homes are now in contract. Below you can see what HUD accepted for offers.
It is amazing that the house on 156 Mohican Ln in Pataskala is still available. It is listed for $175,000. Right now HUD may entertain an offer in the mid $130's. Call me and let's try it!
Here are the bid results of the other featured homes from a week ago.
3232 Legion Ln, Columbus, OH
LISTED FOR: $95,000
Offer accepted on 12/14/09 for $68,900 with a net to HUD of $64,225.
28.5% below list price
Fell through! RELIST!
328 Masonglen Ct, Pataskala, OH
LISTED FOR: $148,000
Offer accepted on 12/28/09 for $156,500 with a net to HUD of $151,000.
5.7% above list price
1561 Roscommon Dr, Pataskala, OH
LISTED FOR: $144,500
Offer accepted on 12/28/09 for $112,000 with a net to HUD of $106,975.
22.5% below list price
1472 Galway Bend S, Pataskala, OH
LISTED FOR: $149,000
Offer accepted on 12/29/09 for $113,710 with a net to HUD of $108,685.
23.7% below list price
Call me at (614) 975-9650. I can give you a very good idea of what HUD will most likely accept!
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 http://ColumbusOhioHUDHomes.com
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