One week there are few or no HUD Homes in a certain area. The next week there might be 2 in the same neighborhood. We know that certain areas or zip codes have many one week and few the following week. It is important to keep track of the new HUD Homes every week. They come out on Fridays, so mark it on your calendar to look every Friday or every weekend. Then you don’t have to feel quite so rushed to make a decision.
Recently there were a half dozen in Avon, but the same week there was only one listing in all of Boone County. Who knows, the following week, it might be the reverse. So HUD Homes require patience. You need to know what you are looking for and then patiently wait and be ready to pounce on it when it does show up.
With the first-time homebuyer tax credit set to expire at the end of November (will it be extended – who knows?) that should cause a decrease in demand from renters. Traditionally cold weather months see fewer buyers out there looking and bidding on homes.
Whether you are looking for a HUD Home in Avon or Indianapolis or Noblesville or anywhere in Central Indiana, you can call Dan Rosenberger of the Real Estate Finders Team at Harvest Realty. His direct number is 317-709-2537.