Benefits of Buying Raleigh Foreclosure Homes

Jun 10
08:13

2010

Fiona Livnat

Fiona Livnat

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What is special about Raleigh Foreclosure Homes is that they are available at considerable discounts and have several benefits.

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With many Raleigh Foreclosures in the market,Benefits of Buying Raleigh Foreclosure Homes    Articles many investors with small budgets can hope to buy properties in one of the best residential communities in America. What is special about Raleigh Foreclosure Homes is that they are available at steep discounts and have several benefits.
What are the benefits of investing in Raleigh Foreclosure Homes?
1. Raleigh is the capital of North Carolina and the seat of Wake County. It is the second largest city of North Carolina. It is the 8th fastest growing city in the USA.
2. Part of Research Triangle: Historically Raleigh, Durham and Chapel Hill constitute the three primary cities of the Research Triangle metropolitan region. It is the site of the three major research universities of NC State University, Duke University and UNC- Chapel Hill.
3. Advanced in race relations: After the civil war, Raleigh was the refuge of freed slaves. Raleigh has Shaw University which is the South’s first African – American college as well as Leonard Medical centre, the first medical college for African Americans.
4. Excellent educational facilities: Raleigh has good schools and colleges. Colleges like Meredith College and the Academy of Music flourished here. Public schools are run by the famous Wake County Public school system. Raleigh also houses 11 charter schools.
5. Cultural Resources: Raleigh has a number of museums like Contemporary Art Museum, North Carolina Museum of Art, Marbles Kids Museum etc. The Time Warner Cable Music Pavilion hosts many famous international touring acts. There are many theatres like Raleigh Little Theatre, Theatre in the Park etc. The city is home to many professional artistes’ organizations like North Carolina Opera Company, Carolina Ballet etc. Visual arts scene is also bright with North Carolina Museum of Art housing one of the best art collections in the world.
6. Sports and leisure: In 1997, National Hockey League’s Carolina Hurricanes moved to Raleigh from Hartford. Raleigh also hosts a leg of golf’s PGA open since 1994.The Raleigh Parks and recreation department offers many recreational opportunities at 150 sites throughout the city including parkland, greenway, community centers, tennis courts, public lakes, and swimming pools including the J.C. Raulston Arboretum.
7. Resurgent economy: One of the fastest growing cities in the US, investing in Raleigh Foreclosure Homes offers the opportunity for making huge profits through rent or resale. Raleigh’s industrial base consists of banking/ financial services, medical, electronic and electric equipment, food processing, clothing and apparel etc. 
8. Great residential communities:  Many of the best foreclosure deals are located in prime residential areas of the city like the attractive neighborhoods of Five Points, Cameron Park etc.
9. Great Climate: Raleigh has moderate summer and winter temperatures. Residents enjoy a great climate throughout the year. This makes the city a centre for various recreational activities.
These are some of the benefits of investing in the precious Raleigh Foreclosure Homes and the opportunity to make a tidy profit by renting or resale.