Real Estate in Asheboro

  House Extends Tax Credit Closing Deadline; Senate Action Awaits A bill that would extend the U.S. Homebuyer Tax Credit closing deadline from June 30 to Sept. 30 was passed Tuesday by the House of Representatives. The Homebuyer Assistance and Improvement Act of 2010 (HR 56232) passed by a 409-5...

It’s almost here, folks. Fourth of July weekend in Asheboro, North Carolina. My family and I plan on staying in town and enjoying all there is to offer locally. What will you and your family do this weekend? If you’re staying around home, too, or visiting us here in the Asheboro, NC area, here a...

This is how RealtyTrac.com defines foreclosure: Foreclosure is a process that allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property securing the loan. The foreclosure process begins when a borrower/owner defaults on loan paym...

  Here are the last 3 of the 10 Real Estate Investing Tactics. To review the previous 7, see the links below.   8. BUY WITH FHA FINANCING The FHA, created in 1934 to heal the housing market during the Great Depression, doesn’t lend money to homebuyers, but insures lenders against default on loan...

I've been feeling a healthy kick coming on. Today I decided to forgo any deep-fried, bad-for-me foods. I decided to eat a salad. Now, where in Asheboro can you get a fresh, delicious salad, made to order?  Bistro 42. It's conveniently located in a quaint little spot at the Shoppes on 42. So, bef...

  The Asheboro/Randolph MLS for the month of May had 644 active listings. The average list price was $165,393. That's up slightly from the April average of $161,458. There were 41 homes sold in May, down quite a bit from the 54 in April. The average sales price was $127,053, up from the average ...

  6. BUY A VACATION HOME A well-purchased vacation home gives you an inexpensive place to land periodically throughout the year for some rest and relaxation, but it also can generate substantial rental revenue when you’re not using it. In hot vacation spots, demand is high for affordable alternat...

3. BUY AT PUBLIC FORECLOSURE AUCTION Buying at the public foreclosure auction is not for the inexperienced buyer or investor because it often requires significant amounts of cash and does not typically allow for a full inspection of a property prior to bidding. However, lenders are becoming more...

Investing in real estate, like any other investment, should be approached cautiously and prudently. Wherever they invest, buyers should budget for monthly mortgage and principal payments, taxes, insurance, maintenance and unexpected repairs. According to several real estate experts, 2010 will be...

So, you live in Asheboro, and you think you know pretty much all there is to know about the area, right?? Well, I was born here, and I grew up here, but the longer I live here, the more I realize that there’s a whole bunch of stuff I DON’T know about my hometown of Asheboro. I am participating i...