Columbus HUD Homes
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The foreclosure rate in Columbus Ohio is still pretty high. A major reason was builders who sold new homes with FHA loans to anyone who could breathe. These homes were overpriced. Most buyers could not afford these homes, went into foreclosure and the homes were repossessed by the government.
These Columbus HUD Homes can be purchased once again with FHA loans for as little as $100 out of your pocket. These are almost new homes and super deals.
Here are three reasons why a Columbus HUD Home is a great deal for you:
- finance with only $100 out of your pocket
- buy 10% - 20% below market value, and
- FHA will even loan you money for the rehab.
When you are looking for HUD Homes in Columbus you need to know that a private company called “National Home Management Solutions” or NHMSI is handling all HUD home sales in the State of Ohio. As a buyer you can’t work with them directly - you need to be represented by a real estate agent.
A competent HUD Realtor can help you through the paperwork jungle that comes with buying a house from the government. A good agent will get you the best deal available.
Columbus HUD Homes
- Freezing Fingers – Dropped Camera – Six Featured
What a start of the New Year! It’s freezing cold outside and I was driving around Columbus yesterday taking pictures of six HUD homes. In the last home I even dropped my camera. It’s busted. Thank God I was able to save the pictures for you. Enjoy and stay warm!! 3181 Andy Terrace, Columbus, OH 4BR/2.5BA 1,705 sqft [...] - 32 hours ago
- First Listings of 2010 – Happy New Year
I wish you all the best for the New Year and hope that you will be successful in all your endeavors. I really appreciate you reading my blog, and I promise that we will continue to provide the best information on how to purchase Columbus HUD homes. Do you plan to buy a home in 2010? [...] - 2 days ago
- 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 [...] - 4 days ago
- Christmas Special Five HUD Homes Under $75K
For this Christmas week I selected 5 special HUD homes for you. They are in Hilliard, Gahanna, Westerville Schools and Columbus. If you are looking for a bargain, these Columbus houses are for you. They are all priced at or below $75,000. These houses may be smaller than some of the new, suburban homes we featured in recent [...] - 8 days ago
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