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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)
Charlotte NC Short Sale Trends for 2012
Charlotte Short Sales continue to increase year over year. I gauge short sales based on the overall trend year after year. Since 2010, the trend continues to increase. The following chart shows the amount of Short Sales that closed in Charlotte over the Read More...
Why do Charlotte short sales take so long?
Many people like the idea of a short sale but most get frustrated waiting so long for a short sale to actually get accepted. I want to share a couple of recent experiences to help the understanding of the delays. I have a recent short sale under contract. Read More...
Posted: Saturday, September 29, 2012 7:06 AM 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 Short Sales - Marketing to Sell but Must be Discrete!
Short Sales are a way that home owners can regain some control over their Charlotte home. If you are behind on your payments and have accepted that you will ultimately be moving. You have exhausted all options and are down to the best of the remaining Read More...
Posted: Sunday, February 19, 2012 1:13 PM by Abby Nelson | (Comments Off)
Charlotte Short Sales remain a strong option!
The greater Charlotte Real Estate market remains steady and I have personally noticed a large uptick in short sales. Charlotte Buyers are realizing the benefit of purchasing a short sale. There are many considerations before greater Charlotte Short Sales Read More...
Posted: Tuesday, November 15, 2011 6:41 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 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...
Home Owners: Short Sale Listings or Foreclosure
Many sellers are in a very difficult position. Which is better: a Short Sale or a Foreclosure? Many home owners hesitate to make this tough decision. I personally recommend a short sale but you need to understand what this really means. Will the collectors 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...
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 and Short Sales
I am now certified as SFR for Short Sales and Foreclosures. I have been working these for years but all knowledge is helpful. This has better refined my understanding and appreciation for all parties. The buyer for a Charlotte Short Sale and Charlotte Read More...
Posted: Tuesday, April 27, 2010 9:45 AM by Abby Nelson | (Comments Off)
Short Sale Home back on the Market
• 1,900 sq. ft., 3 bath, 3 bdrm 2 story - MLS® $130,000 - Short Sale! This home in Chapel Grove is located minutes from the Charlotte Airport! - This 3 bedroom, 2 1/2 bath home is a steal! This Short Sale home is discounted over $40,000 below Read More...
Posted: Wednesday, February 24, 2010 12:30 PM by Abby Nelson | (Comments Off)
Charlotte Short Sales or Charlotte Foreclosures?
Everyone is looking for a Charlotte home at a deep discounted price. Everyone knows that the demand for Charlotte Real Estate will remain high especially after the national economy returns to normal strength. So where are the deals and what deals are Read More...
Posted: Saturday, January 30, 2010 11:06 PM by Abby Nelson | (Comments Off)
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