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Old 03-19-2007, 11:31 AM
10 posts, read 28,494 times
Reputation: 10


I am looking to buy somewhere in the Charlotte area next winter for sure.The home is for investment purposes right now,but,eventually,we will live in the Carolinas. Last winter,we looked at houses in communities within a half hour radius of Charlotte.So far we are interested in Mecklenburg and Cabarrus counties but that could change if we come across another area of interest.Since we will be buying a house,we will look to rent it as we cannot move there right now.Some of my questions are listed below.Thank you for all and any feedback!!

(1)What is better for resale,a community home or a home outside of a community? Would one sell quicker than the other?

(2)Are there problems in renting in a community? I would rent to business type people longterm....no college people

(3)Would you get more monry for a community home?I notices homes outside of a community are less expensive.
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Old 03-19-2007, 03:27 PM
149 posts, read 536,113 times
Reputation: 158
I can only speak from personal experience. We sold a home on five acres on a very rural road in Pa, it took eight months. After about a zillion showings, the primary feedback that we received was that we had a beautiful home BUT people wanted to be in a neighborhood. Our realtor told us up front that the majority of people want to be in a developement, and that we would have to wait for a buyer who appreciated the scenery, etc.

As buyers with small children, we only considered homes in a developement when it was time to look in NC! I would think that to increase the population of people who would want to rent or buy your home, you'll be better off in a neighborhood.

Good luck with your search!
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