Buyers Offer More Than List Price For Columbus OH Homes For Sale
Columbus OH homes for sale are not effected by the loss of the home buyer tax credit. According to recent sales data published by http://www.OhioPrettyHomes.com home buyers are willing to pay more than asking price for nice, suburban Columbus homes. Many real estate professionals predicted that home prices and the number of homes sold would drop in May, after the home buyer tax credit expired on April 30, 2010. Although there may be fewer home purchase contracts in May, home prices were stable.
“The negative forecasts have been proven wrong! I am glad to report that in Columbus OH, homes for sale are still purchased for more than asking price.” says Columbus real estate agent Susanne Novak, a regular contributor to http://www.OhioPrettyHomes.com . “Our most recent bidding statistics of upscale HUD homes in Columbus OH show numerous purchase contracts above list price. Some buyers have offered 20% more than asking price to win these bids.”
Not every Columbus home listing sells for more. Some houses sit on the market for a long time. It all comes down to the condition and the location of the property. Most upscale HUD homes are only a few years old. They are in great locations – many of them in suburban school districts.
But location alone is not good enough. Columbus homes that are in poor condition and need complete overhauls are hard to sell. Most owner occupant buyers can handle simple, cosmetic repairs, such as painting bedrooms and replacing carpets. They tend to avoid complete remodeling projects. Investors, on the other hand, do not shy away from rehabs. However, they need to buy properties at substantial discounts to account for their efforts, risk and labor.
For more information and tips on how to find Columbus OH homes for sale visit http://www.OhioPrettyHomes.com
- Contact Information
- Susanne Novak
- Real Estate Agent
- Solutions for Real Estate
- Contact via E-mail
This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.