General Area in Mansfield>Question Details

RSHARMACFE, Home Buyer in Mansfield, TX

WHAT ARE THE PROSPECTS FOR MANSFIELD AREA FOR PURCHASING SINGLE FAMILY HOMES FOR INVESTMENTS.?

Asked by RSHARMACFE, Mansfield, TX Wed Apr 10, 2013

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Against professional code of ethics make a comment. Recommend hire a real estate consultant

Lynn911 Dallas Realtor & Consultant
Multimillion Dollar Sales Producer
972-699-9111
http://www.lynn911.com 100's of Dallas homes listed for sale or lease

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1 vote Thank Flag Link Wed Apr 10, 2013
This area is well known for high property taxes. My leased home was just dumped and sold to a foreign investor to avoid a extreme tax burden. Just be advised. You might get a great rate on a loan, but the property tax and insurance is often the same as the mortgage.
Flag Fri Sep 13, 2013
Great area with great schools and great demand....
The biggest challenges we see are finding properties for sale at the right prices.
It often takes patience.

Rent vs Sale price has to make sense....

http://www.metroplexhomesalesinfo.com/listings/areas/42833/m…

Let us know what you're thinking and maybe we can help.
0 votes Thank Flag Link Thu Apr 11, 2013
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
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Low interest rates and steady home prices beats RISING rents. Owning a home is a more attractive proposition than renting in many cities. Investors are picking up great short sale deals as well.

According to National Association of Realtors, it's more affordable to buy a house today than it has been in ages.

I'm here for those who wish to be homeowners. Call or txt me for any information in the Dallas/Ft. Worth area and specifically Mansfield, Arlington and Grand Prairie.

Johnnie Morine | Coldwell Banker | c: 817-266-6629
johnnie.morine@cbdfw.com
http://www.MyAgent-Texas.com
0 votes Thank Flag Link Thu Apr 11, 2013
Mansfield and all of North Texas is experiencing a resurgence in the real estate market. Home inventory has dropped significantly in the past 6 months, while prices are on the rise. Is it a good time to buy a home to live in, or for investment? In my opinion, the time to buy is when the market is moving up.NOW!

Although prices are higher, we have "turned the corner" with more enthusiasm and momentum that suggests that values will continue to increase. Moderately-priced homes (under $150,000) are seeing a feeding frenzy by buyers, with multiple offers, short selling times, and selling prices at or near list price. It's a SELLER'S MARKET!

Higher priced homes (over $200,000) are seeing an improved market, too, but values are moving up much more slowly. Because of that, there is probably more opportunity for an investor to buy in this price range with better value and less competition from other buyers.

Rents are increasing, too, so an investor can make money leasing at all levels, especially with interest rates - and debt service costs - at historically low levels.

Contact me (817-807-8574) or Phil@HomesByPhil.com for more information about property in Mansfield, Arlington and Grand Prairie.
0 votes Thank Flag Link Wed Apr 10, 2013
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