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Discover the greater Charlotte Real Estate Market and consider the factors that impact the value of your home. Learn about Charlotte Suburbs, Charlotte Land values, Charlotte Foreclosures and much more.

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Why are most Short Sales "Under Contract Show"?
It is frustrating to many buyers to find that most Charlotte area Short Sales are already listed as "Under Contract Show" or "UCS". This is confusing! There are reasons and it is not intended to "tease" or "mislead". Read More...
Posted: Sunday, April 28, 2013 8:48 AM by Abby Nelson | (Comments Off)
How do I find and purchase a Charlotte foreclosure home?
Everyone is looking for a deal. Many foreclosure homes are great deals and also frequently many Charlotte area Foreclosures have multiple offers. What this amounts to is that you had better be ready from day one to decide and place an offer when the right Read More...
Posted: Thursday, August 09, 2012 2:27 PM by Abby Nelson | (Comments Off)
FHA Loan Obstacles
Buying a home with an FHA loan is often a challenge. In order for a lender to actually lend money for an FHA loan, an FHA Appraisal most be accomplished. An FHA Appraisal is also part Home Inspection. The Appraiser will check the home the home for certain Read More...
Posted: Sunday, April 22, 2012 7:15 PM by Abby Nelson | (Comments Off)
Charlotte Short Sales and Charlotte Foreclosures
The Charlotte area Real Estate market remains relatively strong and Charlotte Homes for Sale are reasonably priced to sell! There are many deals in Charlotte foreclosures but the astute home buyer must be fast; aggressively priced homes sell quickly. Read More...
Posted: Sunday, March 25, 2012 12:36 PM by Abby Nelson | (Comments Off)
Charlotte Investment Properties
Many people are now considering buying Charlotte homes for rental properties. What does it involve? Before you purchase Charlotte Real Estate you need to confirm your financing. Mortgage Interest rates are very low but the lending restrictions are high. Read More...
Posted: Friday, October 07, 2011 2:13 PM by Abby Nelson | (Comments Off)
Charlotte Lease Purchased Closed!
In today's real estate market, sellers are more flexible than ever. We, my partner Anne Jackson and I, had a lease purchase signed last year in November. A lease purchase is difficult since many buyers do not have the money required for the contract. Read More...
Charlotte Foreclosures: Move in ready or major renovations?
Many do not realize the opportunity in suppressed home prices, foreclosures and short sales. Keep in mind that the housing market has changed! What are the condition of Charlotte Foreclosure Homes? The foreclosure market has changed and the homes range Read More...
Posted: Saturday, September 17, 2011 4:35 PM by Abby Nelson | (Comments Off)
Why is a "Short Sale" called a "Short Sale" when it takes so long?
Why does a "short sale" take so long and why do they call it a "short sale"? The short sale is when a the seller owes more on the home than the current market value. The Bank/Mortgage Company is then asked to accept the loss. The lender Read More...
Foreclosure, HUD, REO or Bank Owned Homes?
There remains a lot of confusion about various terms such as HUD Homes, Foreclosure Homes , REO Homes and Bank Owned Homes. What is the difference? Is there a difference? Yes and no. A foreclosure is technically the procedure the bank/mortgage company Read More...
Charlotte Short Sales Becoming More Efficient
The Short Sale process is definitely improving! I have had two Charlotte Short sales that were placed back in March and April and have already had responses from the lenders. They will not be closing for at least another month but the time frame is showing Read More...
Charlotte Foreclosure Activity becoming a competition!
The pressure for Charlotte Area Foreclosures heats up with each new bank owned home that comes on the market! For example, there was a foreclosure in Providence Downs last week. There were 50 showings within the first 4 days and multiple contracts received! Read More...
Posted: Wednesday, April 27, 2011 6:50 AM by Abby Nelson | (Comments Off)
Foreclosure Financing
Many people looking to purchase a bank owned home in the Charlotte Real Estate market (and likely all across the country) feel the bank will finance the home. Not so. The bank hold assets/investments and survive based on rate of return/interest on the Read More...
Posted: Sunday, April 17, 2011 11:40 AM by Abby Nelson | (Comments Off)
Charlotte Foreclosures and Multiple Bids!
The Charlotte Real Estate market is experiencing a healthy sign as more and more foreclosures are receiving multiple bids! What does that mean for you as you consider your new Charlotte Home? Multiple bids throw a curve for foreclosure home buyers. The Read More...
Posted: Sunday, February 20, 2011 2:14 PM by Abby Nelson | (Comments Off)
Who Qualifies for a Short Sale?
Only certain types of home buyers truly can consider Short Sales. First, you need to have patience and flexibility! You need to be pre-approved to close within 30 to 45 days (typical closing times in Charlotte NC and our surrounding areas) in addition Read More...
Posted: Thursday, January 20, 2011 8:22 AM by Abby Nelson | (Comments Off)
Charlotte Foreclosures: Illegalities or political grand standing?
All of this foreclosure grand standing is trying to have the banks pay local Governments more money. The end of the day, the home buyer signed a contract agreement to pay back money in exchange for staying in a home. If you do not pay, you do not stay. Read More...
Posted: Wednesday, November 17, 2010 7:59 AM by Abby Nelson | (Comments Off)
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