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Fayetteville NC Real Estate

Fayetteville NC real estate markets, likemanaged to get the home at $60,000, which is
many other real estate markets in the Unitedquite probable as it has been on the market
States, is experiencing a "buyer's market." Asince July, I would only have to put $12,000
"buyer's market" is when there are more homesdown and have a mortgage payment of only $288
on the market than those buying the homes.per  month.
During a buyer's market, those who wish to
purchase a home can usually do so at muchAnother charming brick home that caught my
less  than they can during a seller's market.eye was in the Holly area. This had three
bedrooms and one bath and 1300 square feet. I
Those looking for a nice country home underliked the location better in the Holly area
$75,000 can easily find what they are seekinghome than the other as it had more trees
in the Fayetteville NC real estate market.surrounding the property and was quite nice.
There are many lovely homes in excellentThis home was a foreclosure and was listed at
locations that fall between the $50,000 to$52,000. If I paid full price, which is
$75,000 range. Many of these home owners willunlikely in a foreclosure property, I could
take much less than the asking price as thereput down $10,500 and have monthly payments of
are over 250 homes in the Fayetteville areaonly  $252.
for  sale  within  this  price  range.
If I got the home at $45,000, which is still
A charming brick home in the Heritagehigh considering this is a foreclosure, I
subdivision in Fayetteville can be purchasedcould have monthly payments that were a
for $75,000. This is the asking price and thelittle  over  $200  a  month!
seller will generally take less. The home I
looked at was perfect for a family. It hadThose who are looking for country living with
three bedrooms, one and a half baths and hadwarm, Southern hospitality, need not look any
nearly 1300 square feet. It also had a veryfurther than Fayetteville, North Carolina.
large  lot  that  was  surrounded  by  trees.Here you can find virtually any type of
property that you want at a price much more
Unlike some of the investment homes that hadaffordable than most areas, especially in the
much lower asking prices, the home I admiredNorth.
was fully updated with new windows and
appliances. It had natural gas heating andFayetteville, NC real estate offers
central air. Although there was carpet ineverything from single family investment
many of the rooms, hardwood floor lurkedproperties for less than $10,000 to large
underneath the carpet and would not beestates at over $1 million dollars. Horse
difficult  to  expose  and  treat.farms, old plantation properties, historical
homes and cottages are all part of
Even if I paid the full asking price ofFayetteville, NC real estate. Whatever your
$75,000, with a down payment of $15,000, myneed in a single family home, the
mortgage would only be $360 per month. AFayetteville, NC real estate market has what
pittance compared to what is generally paidyou want. If you are thinking of relocating
in mortgage payments throughout the country.to the beautiful south, check out the
And that's if I paid full asking price. If IFayetteville, NC real estate market.



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