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Things To Consider When Investing In Greenville NC Real Estate To Rent

09-13-09

Liz Freeman: Real Estate Agent in Greenville, NC

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Office: (252) 439-4000

Mobile: (252) 717-5206
Secondary: (800) 326-5006

If you are thinking of buying Greenville NC real estate and making it a rental property, there are a number of things to consider when choosing the property:

1. Location

If you will be renting to a year ‘round tenant, look for a property convenient to major employers, schools, shopping facilities, transportation.

2. Price

If you hope the rental income will be more than the cost of the monthly mortgage, insurance and taxes on the home, you should be careful to invest no more per month than the local rental market can bear. If your goal for rental income is to "break even" or even to have a negative cash flow, price becomes somewhat less important.

3. Resale

Consider the long-term resale value of the property. If you buy in a fast growing area, the resale value will be greater further down the road. If you buy is a slow growth area, your resale value will be less, but there may be a better rental market.

4. Neighboring homes

Are the neighboring homes well-maintained? If not, they will drive down your property values.

5. Solid construction

Look for solid construction. Tenants tend to put more wear and tear on a home than owners. Find a low-maintenance property suitable for renters. For example, white carpeting will have a much shorter life than something more neutral.

6. Do it yourself

If you live nearby, it can be relatively simple to stay in touch with tenants, and to keep an eye on your investment. If you lack the time, or your property is some distance away, you may wish to work with a property management firm.

Learn more about Greenville NC real estate by visiting LizFreeman.com and LizFreemanHomes.com.

Search all Greenville NC real estate and homes for sale.

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The #1 Health Magazine in Eastern is Now Out!

09-11-09

Jesse Allen

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Office: (252) 295-0367

Mobile: (252) 714-1686

The #1 Health Magazine in Eastern is Now Out!

Healthy Pirates is Eastern Carolina's Guide to Health and Nutrition. The number one mission is to educate the

community with the latest reseach and accurate measures in various areas of fitness, nutrition, health, beauty,

kids and healthy menu options in restaurants. We will connect you with the true professionals of the area. Healthy

Pirates Magazine will be published every six weeks covering all of Pitt County, Washington and Kinston areas.

Check out local retailers and pick up your free copy today or visit us at: www.HealthyPirates.com

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Buyer’s Remorse: A Common Feeling When Purchasing Greenville Real Estate

09-04-09

Liz Freeman

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Office: (252) 439-4000

Mobile: (252) 717-5206
Secondary: (800) 326-5006

According to Realestate.com, buyer's remorse is one of the top ten mistakes made when purchasing a home. Finding the perfect home and making the decision to buy a home are not easy tasks. First, you spend hours on the computer researching Greenville real estate and neighborhoods, perfecting your search criteria on MLS websites, and viewing many virtual tours. Then, you begin making appointments to go take a look at the ones you think stand a good chance at being the future home of your family. As you walk through the house you envision the happy life you and your family would live and the future décor for this room and that room. You see houses that "require too much work," "don't have enough storage," ones that are "too small" or maybe even one that is "do-able but not perfect." Finally after weeks or even months of searching, you find "THE house." Now you send in a promising offer and anxiously wait for feedback. You and seller come to an agreement and the offer is accepted. Once the papers greenville real estate are signed you can relax and enjoy the excitement, right?

Wrong! Shortly after signing the agreement many people experience buyer's remorse. When a person begins to have feelings of doubt about their decision it is known as buyer's remorse. The feelings of doubt are also accompanied by stress and anxiety. What if this is not the right decision? Am I getting a fair deal? Is this the right house for me and my family? What if there is something better out there? Questions start invading the committed buyer's mind causing them to become hesitant and loose confidence in their decision. This worrisome state of mind, known as buyer's remorse, is becoming more common in purchasing Greenville real estate.

There are several ways to avoid buyer's remorse when purchasing Greenville real estate. The biggest worry people have when experiencing buyer's remorse is finances. Buyer's often worry about whether they will be able to comfortably afford their soon to be home. In order to prevent this from being a problem make sure that you have chosen a good price range that takes all of your other expenses into consideration. The appropriate price range may not include the maximum amount you are approved for; however it is very important not to exceed your set amount. The second biggest part of buyer's remorse is being satisfied with the house. People experiencing buyer's remorse second guess their choice in a home. They begin to believe that the chosen home may not be the best one that is out there. Before you started looking for a home you probably made a list of things you were looking for. Take this list of things you were looking for in a home and see how many of the things match up with the characteristics of the house that was purchased. If most of the things match up, especially the most important ones, then there shouldn't be any second guessing. If they aren't comparable, then try to figure out why the compromises were made and if they still make sense.

For more ways to manage buyer's remorse and tips for home buying visit LizFreeman.com and LizFreemanHomes.com.

Search all Greenville real estate and homes for sale.

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Home sales are rising and clock is ticking

09-04-09

Royalyn Ponder

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Office: (252) 321-1990

Mobile: (252) 341-4748
Secondary: (252) 321-5352

According to NAR home sales have been rising in the last few months accross the board. Good for all of us. But for those still out there thinking that the government is going to continue the home buyer tax credit up to $8000 well we will see. I certainly would not put all my eggs in one basket hoping that I will have more time.
The deadline to get a home under contract is Oct 15, 2009 if you want to make sure you are closing on time. The tax credit ends Dec 1st. But that means you need to be closed out and recorded; lets not forget that it must record before it is yours. So really the deadline is Nov. 30th that everything needs to take place.
For those of you who did not wait good for you. Proud that you have taken a step and were able to accomplish the American dream of homeownership. For some out there that feel this should be a right not a privilege we will talk later but that is for another post all together.

Just wanted to remind all of you; you can still buy, there is still plenty of inventory out there and buyers are still getting good deals. I don't mean that the sellers are giving the houses away but are willing to negotiate.

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Greenville, NC - Condo/Townhome Advantages!

09-04-09

Jesse Allen

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Office: (252) 295-0367

Mobile: (252) 714-1686

Anytime you drive down the freeway, whether you are in a big city or small town, you tend to see more condominiums and town-homes sprouting up all over. They come in all sizes, shapes, and forms, from Spanish Villas to sprawling Ranch Styles.

The townhouse and condominium planned communities have come of age and people are taking to thime like the gold rush of days gone by. With this type of ownership, you gain more than a home. You gain a lifestyle. The right REALTOR can help immensely in finding the right lifestyle for you and your family.

As a Real Estate Professional, I have helped many people, JUST LIKE YOU, own the home of their dreams. Call me today for a FREE BROCHURE that will outline what a Condo-Townhouse purchase can do for YOU!

For more free info about buying and selling visit: www.GreenvilleHomeTeam.com

"Let me help you open doors you never even knew were available"

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Things To Consider When Investing In Greenville NC Real Estate To Rent

The #1 Health Magazine in Eastern is Now Out!

Buyer’s Remorse: A Common Feeling When Purchasing Greenville Real Estate

Home sales are rising and clock is ticking

Greenville, NC - Condo/Townhome Advantages!

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