Valentine’s Day is on the horizon, but guess what you have time to buy?  That’s right, a house!  Generally, in the Onslow County area, the time frame from start of contract to closing date is 30-35 days. . .and some sellers and builders are willing to let you move into the home before then, buyer possession before closing, and pay a per diem rent until the home is yours (usually only with a pre approval letter from your lender and a signed addendum to your sales contract).

Surprisingly, it is often CHEAPER to get into a home and buy it than to rent it in our area.  Rentals require an application and fee, first month’s rent, security deposit, pet deposit (that is IF they allow your pets), and sometimes pet rent. . .whereas buying a home, generally the Earnest Money Deposit (due with your offer on the house but used towards your closing costs) is $500-$1000 and credited to you at closing, and many builders and sellers are offering to pay a large portion of your closing costs. . .so, there is a good chance that for $500-$1000 the house is YOURS to do with what you please. . .which is amazing, not to mention the tax benefits of home ownership or that you can steadily build equity so that when you sell the home you have a nice little nest egg to reinvest or do something special with. 

Our market has amazing resiliency and great job security.  Some agents were sad to see that the “bubble” so famous in the rest of the country, barely swelled here, I have to saw I am so glad it didn’t.  This market is SO appraisal based, thanks to the VA loan and the thousands of military families here that support our four bases: Camp Lejeune, New River Marine Corps Air Station, Camp Johnson, Camp Geiger.  More and more the military is “homesteading” families, so instead of the often three year or shorter tours, many folks are here much longer making home ownership even more sensible!

So, this year buy her something nice that will keep on giving!  A new home!  Maybe with that big bathtub she’s always dreamed of, a walk in closest, a huge deck out back for you. . .the possibilities are endless!  Call or email me with questions, I’ve got answers about first time home-ownership, investing, selling, and more. 

A home, way better than a bracelet or perfume she’ll never wear!

http://www.McKenzieSellsHomes.com

http://www.910Homes.net