Buying a Home
Charlotte NC real estate offers a variety of neighborhoods, locales, price points, and amenities! When searching for a home, the key is narrowing available homes to those that best meet YOUR needs. Evaluating a property compared to other neighborhood sales, yearly neighborhood activity and price trends are also integral parts of the home buying process. For our buyer clients, our loyalty and duty belongs to you, the Charlotte NC home buyer!
Related Articles:
When buying real estate in Charlotte NC, closing costs can either be paid by you or with a closing cost contribution from the seller.
Seller paid closing costs are a concession from the seller and aren’t paid directly to the buyer but are simply used at closing (and detailed on the settlement statement) to pay for a portion or all of the buyer’s closing costs. Since they are a sales concession, seller paid closing costs reduce the net sales price. For example a $100,000 purchase... Read more →
When buying real estate in Charlotte NC, closing costs are not the same as your down payment. Closing costs for buying a Charlotte NC home are charges and costs associated with closing the home purchase.
Basically, closing costs are the charges associated with all of the components of getting the property transferred successfully to you the buyer.
Since closing costs depend on the property you’re buying and your loan, there’s no one-size-fits-all formula to specifically calculate... Read more →
When buying real estate in Charlotte NC, one of the common questions buyers have is about earnest money deposits. How much should an earnest money deposit be and when is it paid?
The amount of earnest money deposits for real estate in Charlotte NC are always, always, always negotiable between buyer and seller. The amount of earnest money is always a negotiation point that both buyer and seller must agree on.
For a $100,000 purchase price the earnest money deposit buyer/seller agree... Read more →
Many Charlotte NC real estate buyers are familiar with considering and listing what they want in a Charlotte NC home. Number of bedrooms, bathrooms, location, etc are all pretty well known “criteria” for a Charlotte NC home search.
When
buying a Charlotte NC home, it’s also important to consider what’s most valuable to you in your first or next home.
Going beyond simply listing what features are most valuable there’s usually more to the story and a reason... Read more →
Which Charlotte NC neighborhoods are right for you? Where would you enjoy living in Charlotte NC? Only you can truly answer those questions, but there are some things to consider when searching for
real estate in Charlotte NC.
- What style of neighborhood appeals to you?Older, newer, mixed use, townhomes, single family homes…
- Are neighborhood amenities important? Community swimming pools, clubhouse, tennis courts, golf course, or do you prefer a neighborhood without these features…
... Read more →
There are always challenges and opportunities for buyers and sellers of
real estate in Charlotte NC. What those opportunities and challenges are just depends on current real estate market trends and conditions.
Opportunities right now for BUYERS of
real estate in Charlotte NC:
1. Inventory levels mean more homes that may meet your needs and multiple options in several neighborhoods that appeal to you
2. Motivated (and serious)... Read more →
When considering buying a home in Charlotte NC, two of the first things to consider are price and location.
Price is important because whether you’re paying cash or using financing to buy
real estate in Charlotte NC, the price range you have to work with will affect the available homes for you to evaluate. Price isn’t a criteria that can be changed “just because”. When financing real estate in Charlotte NC, your mortgage adviser will help you determine the price... Read more →
Mortgages and
real estate in Charlotte NC are absolutely intertwined and for buyers who aren’t purchasing with cash, a mortgage lender is a crucial part of the Charlotte NC home buying process.
Mortgage professionals have a key insight into what’s going on with rate trends, available home loan programs, upcoming changes with mortgage guidelines….they follow and keep up with the Charlotte NC mortgage market just as we follow and keep up with the
Charlotte NC real estate... Read more →
To estimate the annual property taxes for
real estate in Charlotte NC:
1. Start with the tax value (not market value, the tax value from county records).
2. Divide the tax value by 100 - real estate taxes in Charlotte NC are per $100 of value.
3. Multiply by the most recent tax rate - for 2008 in the City of Charlotte NC 1.2973
4. Add Solid waste fee - for 2008 in the City of Charlotte - $60.
So, using an example of
real estate in Charlotte NC with a tax value of $100,000 and located within... Read more →
An offer to purchase a Charlotte NC home involves more than a dollar amount for the purchase price. There are actually a number of factors and terms that go into putting together an offer to purchase
real estate in Charlotte NC. Price may be what many focus on immediately but by itself, price isn’t truly a complete offer.
So, what goes into creating an offer to purchase
real estate in Charlotte NC?
Ingredients of an offer to purchase a Charlotte NC home:
1. The buyer(s) - is it... Read more →
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