Fayetteville NC real estate is set to explode. Here is why I believe Fayetteville North Carolina may be the best real estate market in America:
1. Because of BRAC the Fayetteville North Carolina area is gaining about 25,000 additional people and/or families over the next 5 or so years. That fact alone should get your blood pumping with excitement but it's only part of the formula.
2. Think of all the businesses that will open to support 25,000 additional people. Think the lines at McDonald's are long now?..., add 25,000 people. More business = more people and more jobs.
3. Defense contractors are scrambling to open local offices to take advantage of the increase in the number of General officers in the area (Fayetteville will have more Generals than anywhere else in the US, except the Pentagon, if BRAC goes as planned).
4. The outer loop project (I-295) will streamline traffic flow around the city, making previously undesirable land attractive to business, because of improved access to I-95.
5. Fayetteville's leadership is showing a real commitment to make Fayetteville a better small city: parks, downtown projects, image, services, etc. We've come a long way in the last 20 years and we've just begun. Fayetteville should be the poster city for a show called Flip this City!
6. A recent press release stated that, the Republik, a privately owned firm has been paid $500,000 to begin advertising on the internet to improve Fayetteville's image in order to attract additional military and civilians to the area. The speculative goal is about 40,000 total, WOW!
Are you starting to get the idea? Fayetteville is evolving, growing, by population and economy. All told, we are looking at a 10% or more population increase in the area above otherwise normal growth. More people and business coming in means more demand for Fayetteville NC homes and that means appreciation, prices rising. Real growth fueled by legitimate market forces rather than a speculative mania like we've seen these past years in markets across the nation.
Take some time and checkout Fayetteville North Carolina, and you'll see why I'm so bullish on Fayetteville.
Copyright 2007 Ron Allen Fayetteville NC real estate all rights reserved
RAISE YOUR CREDIT SCORE...., A PLAN!
With the collapse of the sub-prime mortgage market came the demise of many loan programs that allowed credit challenged people to qualify for home loans.
....,It's now much harder to qualify for home loans and because of that it's more important than ever to get back to basics regarding the way we handle credit.
If you are like most people your credit situation has room for improvement. These days your credit affects so many aspects of your life its incredible. Employers, insurers, romantic interests (OK I made that one up) all look at your credit. So here is a plan of attack, from industry insiders, to help you bring up your scores and save you some money.
1. Settle collections, that's obvious, but focus on collectors that agree to delete the account after they receive your pay off.
A collection on your report that shows paid pulls down your score just like an unpaid collection.
Be sure to get a promise in writing and send your payment by certified mail. Some agencies won't play ball, but many will, so its worth asking. Pay off the newest collections first because they affect you the most. For the collectors that won't agree to delete your account, you're going to want to pay them as well so they do go from bad to worse, but only after you've done steps 2 and 3.
2. Pay past due accounts so they are current. Do this before the account goes into a charge off status. If it does go into charge off treat it like a collection.
3. Pay down your credit card balances, to zero if possible. Leave the accounts open though because creditors like to see available credit that's not being used. If you can't afford to pay your credit cards off completely even out the balances so yo show an even ratio of credit available to account balance on each card, ie. 20% available credit on each card.
If you have late pays call and ask that they remove them from your account as a show of good faith. Be polite but persistent. If you get a no ask to speak to a supervisor. If you still get told no call back in a week or two You will likely get someone else who may be more receptive to your request.
4. Keep your accounts active by making small purchases. Be sure to pay them off as you go. Use your cards once every 6 months at a minimum.
5. For maintenance purposes request your reports once a year, its free, to make sure it's accurate. Promptly challenge any lines that are bogus or inaccurate.
Stick with the program even if you don't see immediate improvement. This may not be a quick fix but it will work.
copyright 2007 Ron Allen Fayetteville NC real estate