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Also wanted to understand why is it imp to make a bigger downpayment? Thanks again everyone!
First of all, the bigger the downpayment, the lower your monthly note will be.
Secondly, if you can put at least 20% down you won't have to pay the extra PMI (private mortgage insurance) which will save you money on your monthly note
There are A LOT of really nice homes for sale right now in the $200,000 range
Yes, there are! Loves, send her some suggestions. Now, buying a home in that price range - wh/ would essentially be what they are paying in rent - is really worth considering.
There are alot of houses in 200K range up north of Charlotte like Highland Creek, Hampton Place, Arbor Hills. Are these good place to own a house in that range?
There are alot of houses in 200K range up north of Charlotte like Highland Creek, Hampton Place, Arbor Hills. Are these good place to own a house in that range?
Highland Creek is pretty desirable with many homes to chose from. I would personally pass on the others - though there is nothing terrible about them they are just not as desirable as others.
There are alot of houses in 200K range up north of Charlotte like Highland Creek, Hampton Place, Arbor Hills. Are these good place to own a house in that range?
They are certainly worth checking out. There is also Davis Lake. I believe one of the homes in there was featured on one of HGTV's shows this past year. Raeburn, Sweetwater, Mallard Creek and Norcroff are others worth looking at too.
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