Charlotte Real Estate Updates - Charlotte Homes

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 buying a short sale but more and more people are now prepared to buy their next home! A short sale exists when ...

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.  The first step is to speak to a lender.  There is no point in ...

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 from move in ready to homes that are often worth less than the vacant ...

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 must then figure out what market value would be, and then consider if ...

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 stop calling?  No.  The debt collection people will continue ...

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 positive improvement! Short sales are a reality in our real estate ...

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 to being able to wait for 4 months until you have the 30 to 45 day deadline ...

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 Foreclosure Homes are two different types of buyers.  The Short Sale Buyer wants a ...

[photo:listing:3108060] • 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 new without considering the upgraded recessed ...

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 actually better fro Charlotte homes for Sale? I strongly recommend Charlotte ...