Buy Now, Enjoy Later, But Get Paid While You Wait!
We are adding the second property this week to our rental management program because a Smoky
Mountain real estate buyer who is planning to retire & move here in a few years has made the purchase of their retirement home now. This is for all of the following good reasons:
- Mortgage loan rates are at near all time lows with fixed rate loans now at 3.5% with no buy down or extra origination fees.
- Smoky Mountain real estate prices are still affordable, though they do appear to be headed up.
- Our rental market is still red hot, with many more applicants than there are rental properties available.
- Uncertainty about the future value of currency and the potential for runaway inflation.