Hidden Attractions in Foreclosure Homes

By: philip smith

Yet another draw card; a chance to make the most of your new start and buy a bargain from among North Carolina foreclosure homes. North Carolina continues to be a highly desirable place to live and raise your family, to grow your business, find a great job, school your children well.

North Carolina is home to many cities of much natural beauty and to some who are immensely proud of the accolades they have received from all over the US. Raleigh, Cary, Durham, Chapel Hill and Wake County have all received praise, in recent years featuring in top rankings produced by various well known media, business journals and magazines. Raleigh and Durham feature high in health rankings, as an area for tech business, as hot job markets, and great business climates for entrepreneurs. Cary scores extremely well for safety and for a business climate for women entrepreneurs while Raleigh was rated #3 best city for African Americans to live by Black Enterprise magazine this year. Wake County schools get gold ratings. Raleigh is the state capital, and together with Durham (the top rated singles and university town) and Chapel Hill, make up the Research Triangle area. Top rated medical care, nationally ranked college sports teams and vibrant arts communities round off the attractions statewide.

Incredible as it may seem to those relocating from other states, North Carolina also offers affordable housing. Sales have slowed, and a buyer's market prevails in much of the Triangle area - Raleigh has also been voted the #3 least overpriced housing market by Forbes magazine. Make that affordable home a bargain by shopping around for the comparable foreclosure property. You can buy, renovate, and sit for a while or resell in this market. If newer housing in foreclosure in Wake county still seems beyond your budget, then adjacent counties of Franklin, Chatham and Johnston offer larger lots for less. The foreclosures market in all these counties including Wake, is quite active, and repossessed homes needing cosmetic or minor repairs can be quickly restored and returned to sell in a competitive market without undue delay (5 months for the overall house market in Wake).

Plenty for the home buyer to think about; there are more opportunities for wise property investment on relocation than would normally be expected. North Carolina has hidden attractions as well as accolades.

Foreclosures
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