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This is a great time to be buying a home, whether it is a condo, mobile home or single family. The mortgage rates are super low now.
As far as your question about safety and whether there are crimes or robberies in mobile parks; you should ask Peabody police about the crime activity in the parks. They would have the answers for you. You could also speak with a few of the residents of the parks and hear what they have to say.
There are a few single families and condos for sale in your price range. The homes need some work but there are mortgage programs you may qualify for that help you to remodel. There are several two bedroom condos on the market and they are in good condition.
If you are interested in seeing for yourself what is available in Peabody and the surrounding areas, let me know. All I need is your email and you will receive the latest listings daily. I would be happy to assist you in finding a home for your family.
Jane Beader, REMAX/Prestige
The Real Estate Lady
For a budget of $99,000, you can find several options for your new home, including 2 bedroom condos in Peabody or the surrounding area. Condo prices are very low and buying will only require $3,500 down in your price range, which is usually about the same amount down you need for an apartment if you have to pay first, last and security. In addition, your monthly payment, including mortgage, interest, taxes, condo fee and condo insurance is usually less than your rent per month. You do get to deduct the interest you pay on your mortgage off your taxes at the end of the year and get some of that money back.
Your very first step is to get pre-approved for a mortgage. You can pick from the multitude of lenders available, banks, mortgage companies and more, to know if you can purchase rather than rent.
Once you do that, your next step is to pick a realtor who can help you find what you are looking for that is within your price range.
Heather LoRe, Realtor
Century 21 Spindler & O'Neil