Distressed properties in Uptown Charlotte NC are not going away anytime soon especially with the volatile banking industry right now. That allows buyers to capitalize on the real estate market and get into some fantastic Uptown Condos and Townhomes.
It is real important to let your Realtor do his homework and to find out how long certain properties have been on the market to determine if it is worth pursuing. To many times people have found themselves in negotiations and have left with nothing but waisted time.
My rule of thumb and some may disagree but to only look at properties that are at least 120-150 days on market. That allows the Realtor who is listing to get all necessary paperwork in order so there will be no surprises. Of course there are many other variables, but do the research and you may be getting a super deal!
Mike Carpino
Owner/Broker
Mike@LakeAndTown.com
704 301-9264
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