Profit for Parents

 Recent articles about Wilmington, NC are surfacing all over the internet ........and for good cause. Here is one that states that the University of North Carolina at Wilmington (UNCW) is one of the better buys in the country. Now lets imagine your child picks UNCW, the living expenses, dorm fees, and school costs are a little much, yet it is pretty much like that wherever college towns exist. However if the parent were to purchase a 3 bedroom home, rent 2 of the rooms to other students, and keep the property for a second home or a retirement get-a-way, it really makes sense. The appreciation rate for Wilmington for the next 3 to 5 years is projected to be 35 to 38%, combine that with favorable interest rates, an attractive area for retirees, and cost of living benefits, it could be a money making idea for parents to consider UNCW. Check with your financial planner, or accountant, to see if this could work for you.
Full article (reprinted with permission from Wilmington Business Journal) follows:

UNCW makes "Best Values" list
January 15, 2007


--------------------------------------------------------------------------------
The University of North Carolina Wilmington is one of the top five "Best Values" among public universities in North Carolina, according to Kiplinger's 2007 rankings. UNCW has been in the top 5 for the state in the Kiplinger report since 2003.
UNCW also ranked 35th nationally for "best value" to in-state students and 51st for out-of-state students. Kiplinger's said schools in the top 100 "are noteworthy for their combination of top-flight academics and affordable costs."

Of UNCW's 15 peer institutions, which are determined by the UNC Board of Governors, 11 appear in the January 2007 listing of Kiplinger's top 100 best values in public colleges. For the second consecutive year, the top four best values among that peer group, which are all public master's institutions, are James Madison University, the College of New Jersey, Truman State and UNCW.

"This is truly exciting news," said Chancellor Rosemary DePaolo. "Our number one goal is to provide the most powerful learning experience possible for our students. These rankings clearly recognize that UNCW continues to offer its students an educational experience of the highest quality, one that is both accessible and affordable."

UNCW also has received top rankings from U.S.News & World Report and The Princeton Review. For the ninth consecutive year, UNCW was named one of the top 10 public master's universities in the South in the annual college rankings by U.S.News & World Report. UNCW ranks seventh in the 2007 edition, as it has for six out of the past nine years.

UNCW also received the 2007 "Best in the Southeast" designation by The Princeton Review. On the list of 150 "Best Value" colleges, UNCW is designated as one of the best overall bargains - based on cost and financial aid - among the most academically outstanding colleges in the nation.

For more information contact  Dick & Sandy Beals of Realty Executives of Wilmington