Finding Budget-Friendly Properties Across America
OCCASIONALLY we like to revisit examining budget-friendly properties nationwide, and here’s an excellent illustration. As we consistently mention, you don’t need to consider this specific property or even this particular community or state – you may not wish to relocate there, but similar properties exist throughout the nation.

Featured Property Example in Grand Bay, Alabama
THIS property is a 1,300+ square foot home situated on a half-acre lot, featuring brick construction and a charming ranch design, priced at $137,000. This particular home is located in Grand Bay, Alabama, approximately 20 minutes from the coastline near Orange Beach – a pleasant coastal region.

Overcoming Location and Style Preferences
IT’S an economical property, and you might think “I don’t want to relocate to Alabama, I don’t prefer Alabama, I don’t like that style of home” – that’s perfectly acceptable. However, when you search around, there are economical properties in every region of the country that include land, are larger homes, are close to urban areas, and fall within the $100,000 to $200,000 price range.

Universal Availability of Affordable Housing
THERE’S no region where you cannot find an economical home within an hour’s journey of practically anywhere you wish to be. So examine these properties.

Getting Into the Housing Market with Realistic Expectations
LOOK at what’s available – you need to maintain an open perspective. You won’t obtain your ideal home if you want an economical house, but at minimum you can enter the housing market.

Monthly Payment Analysis and Benefits
A mortgage on this property will cost approximately $1,200 monthly – that’s likely less than your current rent, and now you become a property owner. As the market appreciates, you won’t be pursuing the value because you’ll have equity accumulating in your current house that you can utilize to counterbalance the increased property values of perhaps your ideal home that you will purchase eventually.

Starter Home Strategy
THIS could serve as an excellent starter home. So again, not attempting to dictate what to purchase or where to purchase, but always be conscious that there are property deals available that you can obtain regardless of your budget.

Even More Affordable Options Available
THERE are even some properties in this region that are below $100,000 – we discovered one that was a small 900 square foot home that was a two-bedroom, one bathroom for $68,000. Small house, but it was situated on 3/4 of an acre.

Final Advice for First-Time Buyers
IF you want a starter home that you can acquire economically, have an economical payment that perhaps you can upgrade from eventually, keep your eyes open because they’re available.