Fayetteville Nc Real Estate

Fayetteville Nc Real Estate

Fayetteville NC real estate markets, like many other real estate markets in​ the​ United States, is​ experiencing a​ “buyer’s market.” a​ “buyer’s market” is​ when there are more homes on the​ market than those buying the​ homes. During a​ buyer’s market, those who wish to​ purchase a​ home can usually do so at​ much less than they can during a​ seller’s market.

Those looking for​ a​ nice country home under $75,000 can easily find what they are seeking in​ the​ Fayetteville NC real estate market. There are many lovely homes in​ excellent locations that fall between the​ $50,000 to​ $75,000 range. Many of​ these home owners will take much less than the​ asking price as​ there are over 250 homes in​ the​ Fayetteville area for​ sale within this price range.

A charming brick home in​ the​ Heritage subdivision in​ Fayetteville can be purchased for​ $75,000. This is​ the​ asking price and​ the​ seller will generally take less. the​ home I looked at​ was perfect for​ a​ family. it​ had three bedrooms, one and​ a​ half baths and​ had nearly 1300 square feet. it​ also had a​ very large lot that was surrounded by trees.

Unlike some of​ the​ investment homes that had much lower asking prices, the​ home I admired was fully updated with new windows and​ appliances. it​ had natural gas heating and​ central air. Although there was carpet in​ many of​ the​ rooms, hardwood floor lurked underneath the​ carpet and​ would not be difficult to​ expose and​ treat.

Even if​ I paid the​ full asking price of​ $75,000, with a​ down payment of​ $15,000, my mortgage would only be $360 per month. a​ pittance compared to​ what is​ generally paid in​ mortgage payments throughout the​ country. and​ that’s if​ I paid full asking price. if​ I managed to​ get the​ home at​ $60,000, which is​ quite probable as​ it​ has been on the​ market since July, I would only have to​ put $12,000 down and​ have a​ mortgage payment of​ only $288 per month.

Another charming brick home that caught my eye was in​ the​ Holly area. This had three bedrooms and​ one bath and​ 1300 square feet. I liked the​ location better in​ the​ Holly area home than the​ other as​ it​ had more trees surrounding the​ property and​ was quite nice. This home was a​ foreclosure and​ was listed at​ $52,000. if​ I paid full price, which is​ unlikely in​ a​ foreclosure property, I could put down $10,500 and​ have monthly payments of​ only $252.

If I got the​ home at​ $45,000, which is​ still high considering this is​ a​ foreclosure, I could have monthly payments that were a​ little over $200 a​ month!

Those who are looking for​ country living with warm, Southern hospitality, need not look any further than Fayetteville, North Carolina. Here you can find virtually any type of​ property that you want at​ a​ price much more affordable than most areas, especially in​ the​ North.

Fayetteville, NC real estate offers everything from single family investment properties for​ less than $10,000 to​ large estates at​ over $1 million dollars. Horse farms, old plantation properties, historical homes and​ cottages are all part of​ Fayetteville, NC real estate. Whatever your need in​ a​ single family home, the​ Fayetteville, NC real estate market has what you want. if​ you are thinking of​ relocating to​ the​ beautiful south, check out the​ Fayetteville, NC real estate market.

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