Buying a Home in Charlotte NC
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!
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The one “must have” during the home buying or home selling process has nothing to do with money in the bank, home inspections, showings, offers, negotiations, financing, or even photos and online listing info.
Those are all tools and PARTS of the Charlotte NC home buying or home selling process, but the one MUST HAVE for every single home buyer and home seller is…. stress relief.
Stress, anxiety, apprehension, tension in some form or another can seem like a... Read more →
When it comes to the level of Charlotte NC real estate inventory (or months of real estate supply) what does that really mean?
The real estate inventory levels are a real estate market indicator. A measure of how the supply (available homes for sale) compares to the recent demand (recently sold homes).
When supply is Above recent demand, the real estate inventory level is Elevated
When supply is Below recent demand, the real estate inventory level is Lowered
In general... Read more →
For Charlotte NC home buyers, once you decide on a home, we make the offer, go through negotiation and reach the stage of having a purchase contract (in writing) the next step in the home buying process is the contract to closing phase.
Two of the biggest components of this contract to closing process are the home inspection and the appraisal. Financing is the 3rd major component but that’s a whole other topic
When working as a buyer’s agent (meaning my loyalty... Read more →
In the latest incarnation of “home buyer tax credit”, repeat home buyers are included as a potentially eligible home buyer. Of course there’s still other conditions that must be met, not the least of which is having owned and lived in the home you sell for 5 years.
For some frequently asked questions and answers plus an overview of some key points, check out
Home Buyer Federal Housing Tax Credit which has updated information on the extended/revised home buyer tax... Read more →
Found an interesting article about outlet malls and how they may not offer “deals” despite their popularity. For some, a day long trip to an outlet mall is a highly anticipated outing but do they really offer value? You can read the entire article at :
Are Outlet Malls For Suckers?
I saw some interesting parallels to real estate in Charlotte NC particularly whether short sales and foreclosures are the “outlet malls” of the real estate world.
The article... Read more →
You’ve probably heard the saying that “common sense isn’t all that common”. When it comes to Charlotte NC real estate buyers and sellers, logic isn’t always all that logical.
Buyers tend to exaggerate perceived flaws while sellers view those same things as perfectly acceptable.
To a buyer: the carpet’s filthy, worn out and all needs to be replaced
To a seller: the carpet’s “broken in”, it’s still got a few years of... Read more →
There’s a lot of talk at this time of year about goals as we approach the end of 2009 and look forward to 2010. We’re almost into the “new year resolution” season. You know, when you promise yourself to lose weight, quit some bad habit, tackle debt, whatever “goals” you’d like to accomplish.
But goals aren’t just for New Year’s and they’re not just for businesses (or real estate brokers). Goals apply to Charlotte NC home... Read more →
Sorry to disappoint but no, this isn’t some long list of all the things real estate brokers do, as enthralling as I’m sure that would be.
I recently read a post by Jennifer Allan who used the most concise, explicit, eloquent phrase I’ve ever seen to explain exactly what it is that real estate brokers/agents do - “manage and facilitate the exchange of real property”.
Buying a home or selling a home in Charlotte NC is a process, a complicated one that’s... Read more →
No, I won’t be a cheerleader for the first time home buyer tax credit. Maybe that’s heresy or
blasphemy for a Realtor®, but allow me to explain….
I don’t have a problem with the home buyer tax credit (the current one or any future incarnation of it), it’s absolutely an additional benefit that buyers wouldn’t have had a year ago.
What I DO have a problem with is when the “home buyer tax credit” is used or implied as either a reason... Read more →
For home buyers looking to buy a home in Charlotte NC, before choosing a home and making an offer it’s a really good idea to have at least a preliminary good faith estimate from your mortgage professional.
Just as an aside….if the mortgage professional you’re working with is evasive OR tells you they need a purchase contract to even give you an estimate, that’s a huge red flag!!!
A good faith estimate from your mortgage professional will help you the home... Read more →
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