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Cashing Out Of Preforeclosures - Exit Strategies For Maximum Profit
One of the quickest ways to real estate profits is through preforeclosures. What is a preforeclosure, exactly? A preforeclosure takes place from the time the bank gives notice of default to the time the house sells at auction. Typically, this is...
Go The Extra Mile When Selling Your Home
So you've decided to sell your home, and now you are wondering how much time, effort and money you should spend sprucing it up to make it more attractive, sell faster, and get a higher price.
One important question is this: "If I spend money...
Home Buying Seminars - Powerful Marketing For Real Estate Agents
Home buying seminars are a perfect complement to your personal marketing program. They're educational, popular and much more personal than any marketing piece. They can also position you as an authority, which can easily lead to future clients.
...
Real Estate Foreclosure Risk: The Double-Edged Sword In Real Estate Foreclosure Investments
As a real estate foreclosure investor, now is the time to take advantage of the growing opportunities and profits in the real estate foreclose market due to rising foreclosure risk. However, without accurate foreclosure investment advice you also...
Virginia Real Estate – Living In History
Virginia has played a central role throughout the history of the United States. With reasonable prices, you can live in the middle of it with Virginia real estate.
Virginia
The historical significance of Virginia is simply unmatched in the...
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Gatlinburg's Real Estate Market
Real estate in Gatlinburg is thriving. While the 2000 census estimated that some 3,300 people live year-round in Gatlinburg, many thousands more visit during every season of the year. As these crowds visit Gatlinburg to enjoy the outdoor activities and other attractions, hundreds of cabins in Gatlinburg are bought and sold each year. Currently many new buildings and communities are being developed.
Rental income is a primary objective of many Gatlinburg real estate owners. More and more people are viewing ownership Gatlinburg cabins as an excellent source for supplemental income. On the high end, the cost of buying a luxurious cabin can run from $250,000 to $500,000, the rental income can easily range from $25,000 to $85,000 a year.
In considering where to buy a rental cabin, one benefit of Gatlinburg is its prime location -- within a day’s driving distance of half the American populace. The close proximity, as well as the natural beauty of the surrounding Smoky Mountains, ensures that thousands of visitors will rent from owners of Gatlinburg real estate.
Even without renting, Gatlinburg real estate is a valuable asset. Over the past few years, many Gatlinburg cabin owners have experienced appreciation of 7% to 14% a year. In other words, many in Gatlinburg have seen their real estate investments outpace stock market returns. Smaller cabins can be bought directly from existing owners for as little as $75,000.
While many opt to buy cabins and chalets in Gatlinburg, others prefer the challenge and excitement of purchasing undeveloped
land and building their dream cabin from the ground up. At least in the beginning stages, this option is often affordable, with many land lots starting at $15,000. As property values continue to rise, some investors are buying Gatlinburg land without the intention of building, but only holding it for a few years, and then reselling it to the highest bidder.
In addition to the financial advantages, owners of Gatlinburg real estate enjoy the area’s natural and other benefits. Gatlinburg real estate can make relaxing and convenient summary escape or second-home. Some of the newest real estate developments in Gatlinburg are rental and ownership communities, which often include swimming pools, central patios, and clubhouses. In addition, there are several attractions only minutes, such as Ober Gatlinburg, Dollywood, and Ripley’s Aquarium.
There are several Gatlinburg realtors online who can assist you directly with the real estate buying process.
About the Author: Gatlinburg Cabins provides information on Gatlinburg cabins, Gatlinburg cabin rentals, properties for sale, weddings and related topics. For more information go to http://www.e-gatlinburgcabins.com and/or visit its sister site at http://www.e-pigeonforgecabins.com for related information.
Source: www.isnare.com
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