Jim: Alright, we are here with Tip 4 for relocating to North Carolina. Amy, what’s your tip?
Tip 4 – Cash buyers Second Home Transcript
Amy Shair of RE/MAX United Cary Apex NC, and Jim Enright of Corporate Investors Mortgage Group, Inc. share Tip number 4 Relocating to NC Cash Buyer vs Mortgage Buyers Apex Cary NC. With so many buyers in our market and the way the pre-approval process works, the sellers are really looking for top dollar.
Amy: So my tip is that we are seeing more cash buyers coming into our market from various areas. But the thing that you need to remember is that paying cash does not mean you’re necessarily going to get a better price for that house.
With so many buyers in our market and the way the pre-approval process works, the sellers are really looking for top dollar.
Jim: Interesting, interesting. That’s true. And speaking of buying down here. One of the things to consider is that if you’re coming down in the next year, the next two years, you could buy a home now with 10% down as a second home. So you don’t have to have a huge down payment so long as you can qualify with the payment. So it’s worth considering buying now as a second home.
Amy: And plus, you can enjoy it between now and your retirement and get things settled, so when you retire, you’ve got the house up and running completely.
Jim: That’s a good point. OK. So that’ it. So we’re on now to Tip..
Jim: Five. My gosh. OK. That’s coming up next.
Real Estate or Mortgage Questions? Contact Amy Shair of RE/MAX United Cary Apex NC, andJim Enright of Corporate Investors with any of your real estate or mortgage questions in today’s changing real estate and mortgage marketplace.