nc: Is a Short Sale Your Only Option???...Do You Live in Charlotte, NC??? - 07/22/09 09:41 AM
Are you several payments late on your house?  You, along with many others in Charlotte, may need to list your house as a short sale.  The real estate market in Charlotte, NC is swamped with short sales and foreclosures and there are buyers out there looking at just these types of properties. 
Selling as short sale will hurt your credit...but not as much as if the bank decides to foreclose on your property.  If you are selling your house short, you are selling it for less than what you owe on the mortgage.  Banks will allow this because they do not want to have to force people out of their … (0 comments)

nc: The Metropolitan in Charlotte, NC...It's the lifestyle that sells!!! - 07/15/09 07:39 AM

It is the lifestyle that really sells these units.  The Metropolian, being built by Peter Pappas...he also built the well known Birkdale Village in Huntersville, NC and is beginning to build the Berewyck subdivision down close to Lake Wylie. 
The Metropolitan is offering a lot of the same flavor that Birkdale Village offers.  They have a modern spa, a Trader Joes, Best Buy, Target and the word on the street is that there will be a Sam's Club moving under the midtown Target.  Shh....you didn't hear that from me.
The restaurants at the Metropolitan are going to be awesome.  There is … (0 comments)

nc: 1048 James Madison Dr. in the Williamsburg subdivision (Union County) - 06/29/09 01:33 AM
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I just listed a great 4 bedroom house in Union County, NC.  We listed at $400,900 and have been getting a lot of showings in the first week. The house is full brick with over 3,300 square feet.  The house is located on the best lot in the Williamsburg subdivision.  The lot is 0.92 acres and the house sits a good distance off of the road.  This subdivision is located within .5 miles of the Weddington-Matthews and Hemby Rd. intersection. 
The floorplan is very open and the family room gets a lot of light through all of the windows.  The yard is very private and back … (4 comments)

nc: Short Sales in Charlotte NC - 04/21/09 03:45 AM
You've searched your ideal neighborhoods, and you find a property which appears to be priced significantly lower that the rest.  It might just be your lucky day if you are willing to work through the often long and tedious process of buying a short sale.
A short sale is a real estate transaction where the seller's lender is accepting a discounted payoff to release an existing mortgage.  It is typically done to prevent a foreclosure, but it is designed as the most economical way for the bank to recover the amount owed on the property, not to help the property owner.
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