HOW CAN THIS BE?
The best place to buy a home priced between $100,000 and $119,999 in Central Kentucky is not Lexington. No, it is Woodford County. Versailles is the County Seat and it is also the home to some of the largest and most prestigious horse farms. Some of these farms include:
Winstar Farm, Three Chimneys Farm, Fallbrook Farm, Brittany Farm and Sunrise Stable are a few of these prestigious Thoroughbred Horse Farms in Woodford County.
There are currently 12 months of inventory for homes that are priced between $100,00 and $119,999 in Woodford County. Most of these homes can be bought with little money down and a payment that would be less than what you could rent the same home.
This absorption rate means that you have the selection of a large number of homes over a long period of time. However if interest rates begin to inch upward these homes may not be such a good buy in the near future. Photo courtesy of Dreamstime.
I am told that when interest rates rise one percent that raises your mortgage payment 11 percent. Buy your Woodford County home RIGHT NOW and don't worry about interest rates in the future!
Woodford County Homes for Sale - Huge supply of low priced homes - Hurry Before Interest Rates Rise!
0 comments • Paul Campbell Realtor Lexington Kentucky Homes for Sale • January 25 2012 08:10PMComments
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HTML, CSS, "raindrop" logo, and generic header image © 2009 ActiveRain Corp. Logos and service marks owned by copyright holder.