charlotte real estate: First Time Buyer Tax Credit Can Be Used Down Payment - 05/13/09 04:03 PM
For Immediate Release
Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, on Tuesday said that the Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment.Previously, most buyers wouldn't receive the funds until after … (0 comments)
charlotte real estate: Your Guide to Buying HUD Homes - 06/21/08 04:33 PM
I recently had the priviledge of attending a half day seminar from the local HUD representative company to explain the system and processes of buying a HUD owned home. Here is an overview from that seminar as well as some helpful tips so that you will be successful.
What is a … (4 comments)
charlotte real estate: Waiting to make that home purchase until the market hits rock bottom? - 06/17/08 11:10 AM
When I think back on all the missed opportunities that I have had in my life, I always think why I didn't act and how things might have been different if I had. If I has purchased Google as an IPO, I'd be incredibly wealthy. At $100, I'd still be very content. $200, … (0 comments)
charlotte real estate: Buyers: How to Make Sure You Don't Get Nailed When Buying a Home From A Builder - 05/29/08 11:51 AM
The immediate thought among buyers is why in the world would you need a REALTOR when you're buying a new home from a builder? They forget that like any other real estate transaction, the sales person working in the trailer works for the builder and represents the builder's interests in the … (2 comments)
charlotte real estate: Buyers: How to make sure that your home purchase won't leave your wallet empty. - 05/12/08 10:10 AM
Buying a home, whether its your first home or just the next step up, requires some careful planning to ensure that you do not over extend yourself financially. The worst time to find out if you did or not is when that first mortgage payment comes due 60 days after closing … (0 comments)
charlotte real estate: Getting out of that buyer agency agreement is more difficult than you might think - 05/06/08 01:11 PM
Things between you and the agent you have been working with have finally broken down. They don't call anymore, don't return emails, aren't familiar with your needs and you want out. Well, that may prove more difficult than one might expect. You see, most buyer agency agreements are written to ensure … (2 comments)
charlotte real estate: Charlotte Area Remains The Lone Appreciating Market in February in Case/Shiller Survey - 04/30/08 08:31 AM
Out today, the numbers for S&P's Case/Shiller survey for February, which examines home values in 20 housing markets. While Miami and Las Vegas were at the bottom with 22.8% and 21.7% 1 year price decreases, Charlotte was the only city in the study with appreciation, even though it was a mere … (3 comments)
charlotte real estate: Buyers: How to build a criteria of your next home. - 04/27/08 03:38 PM
I've known real estate agents to show clients over a hundred homes only realize that the first house they saw was the one their client liked best. You don't have to see 20, 50, or even a hundred homes to find that one perfect house for you if you start by … (2 comments)
charlotte real estate: You Didn't Know About The Sewage Plant Next Door? - 04/24/08 10:35 AM
Non-disclosure is the number one reason by a wide margin why agents are sued and/or lose their license. Whether they are trying to make a sale or just plain incompetent, all too often agents are selling homes without having all the facts or their clients best interest at heart. One of the most … (4 comments)
charlotte real estate: 3-2008 Market Update for South Charlotte Area 5 (Olde Providence, Providence Country Club, Myers Park, Ballantyne) - 04/14/08 01:34 PM
Real Estate Market Update for Single Family Homes in Mecklenburg County North Carolina Area 5 including: Charlotte Neighborhoods West of Providence Road and East of Park Road including, Cherry, Dilworth, Myers Park, Barclay Downs, Foxcroft, Beverly Woods, Cameron Wood, South Park, Quail Hollow, Olde Providence, Shadow Lake, Stone Creek Ranch, and Ballantyne. Data gathered for March 1 2008 - March 31 2008 In … (0 comments)
charlotte real estate: So what price should you offer for that house? - 04/10/08 10:55 AM
In today's ever changing housing market, price is the number one sticking point with buyers and sellers. Buyers always want the lowest price they can get that they deem fair and sellers often want the highest...but not always. Usually, this meant an offer came in 5 - 10k below asking price and both buyer and … (0 comments)
charlotte real estate: How to Be Greedy By Suing For Commission - 04/09/08 10:13 AM
In the last year, I have run into more agents threatening to sue their buyer clients for commission than I have at any point in the four or so years prior. The concept seems lost on me completely. If I, as an agent, didn't do a good enough job in procuring a house for … (10 comments)
charlotte real estate: The tax man says my home is worth what? - 04/01/08 11:13 PM
Last month, homeowners in Charlotte-Mecklenburg, Union, and Cabarrus Counties opened their mailbox to a letter from the tax assessors office which may have caused a few heart attacks (to put it politely). Yes, its reassessment time and for most the increase was around 16%. However, for others the tax increase was much more significant. Take … (5 comments)
charlotte real estate: Sellers & Agents: A good picture is worth $10,000. What is your listing photo worth? - 04/01/08 10:52 AM
Which home would you get most excited to show and sell (or purchase yourself)? This one: or this one? Yes they are the same house but a different perspective and a week later. The changes are night and day. One looks vacant and unappealing and the other has awesome curb appeal that leads … (9 comments)
charlotte real estate: 2-2008 Market Update for South Charlotte Area 5 (Myers Park, South Park, Olde Providence, Dilworth) - 03/28/08 11:25 PM
Real Estate Market Update for Single Family Homes in Mecklenburg County North Carolina Area 5 including: Charlotte Neighborhoods West of Providence Road and East of Park Road including, Cherry, Dilworth, Myers Park, Barclay Downs, Foxcroft, Beverly Woods, Cameron Wood, South Park, Quail Hollow, Olde Providence, Shadow Lake, Stone Creek Ranch, and Ballantyne. Data gathered for February 1 2008 - February 29 … (0 comments)
charlotte real estate: You can sell any home in a weekend. Here's how! - 03/26/08 08:39 PM
In any market, someone is out there buying real estate...they're just not buying your home. I believe that far too often, sellers and to a point their agents fall into the trap of "it will sell eventually." However, I choose not to follow that logic because most often, those homes are … (4 comments)
charlotte real estate: How to write a winning offer for multiple offer transactions. - 03/17/08 09:19 PM
Those who have read my blog before know that I started out life as a REALTOR in the hot Washington DC market during the beginning of the sellers market in 2003. I learned from my experience of writing up to 15 offers per client how to write one that would fetch … (3 comments)
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For Immediate Release
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