charlotte nc home buyers: Charlotte Baby Boomers Now Able to Use Assets for PreQualification
- 05/29/13 10:28 PM
If you are a Charlotte baby boomer or senior who's been told in the past that your assets don't count when qualifying for a loan, check out this article about changes in Freddie Mac's rules. You may be able to refinance your current mortgage to today's low rates or make that purchase to downsize from your current home. There could be a HUGE CHANGE on the way for "Baby Boomers"!
With the recent change in Freddie Mac’s rules, it could help retiring baby boomers, and other home buyers with limited incomes but substantial financial assets, qualify for low-rate conventional mortgages. … (1 comments)
charlotte nc home buyers: Charlotte NC Home Buyers--Pet Stains on Hardwood Floors
- 05/17/13 06:01 AM
Do Charlotte's older homes appeal to you? Perhaps you love the character of the hardwood floors that are found in these classic homes. One of the concerns about wood flooring in older homes is whether there are pet stains under the carpets and area rugs. Can you get rid of those stains? Here's a great post from a hardwood flooring specialist about your options for pet stains on hardwood floors. How can you eliminate pet stains in hardwood floors? This is a frequent question from homeowners with pets. Those dark black water stains can arise from direct contact or from when the … (1 comments)
charlotte nc home buyers: Wood or Tile Flooring in Your Charlotte Kitchen?
- 12/10/12 10:49 PM
Everyone has an opinion about the type of flooring they prefer in their kitchen. Here is a great article comparing the benefits of wood flooring versus tile flooing. I see much more wood flooring in Charlotte kitchens. The open floor plans of the newer homes really lend themselves to having wood in the public areas of the home. What about you? Do you prefer wood or tile in your kitchen? Or perhaps something else? Kitchen flooring for new homeowners - most popular types Believe it or not, hardwood flooring is now the most popular type of new flooring installed in kitchens for … (1 comments)
charlotte nc home buyers: Stone Siding, Rampant Installation Defects
- 09/05/12 10:51 PM
Stone siding is a big hit in the Charlotte marketplace. But you may want to look carefully if you are buying a home with stone siding. It can be subject to many of the same defects that were found in the synthetic stucco homes of the 1990s. Here is a great article from a home inspector about proper installation techniques for stone siding. Without a doubt, the sexiest new siding being used on the front of houses is stone siding. I say stone siding because that's what everyone calls it, but what I'm really referring to is Masonry Veneer. This is a … (0 comments)
charlotte nc home buyers: Charlotte Home Buyers Guide--Credit Basics and Common Mistakes
- 03/03/12 10:13 PM
Charlotte Home Buyers Guide—Credit Basics and Common Mistakes Do you want to buy a Charlotte home but don’t know where to start? Most people take a first step by jumping on the computer and looking at homes for sale. That’s fun but not the right place to begin. The journey toward buying a home should start with a basic understanding of credit and common mistakes to avoid. Why? Because your credit score is going to determine whether you can qualify for a mortgage and how much your monthly payment will be. Did you know that a 100 point difference in your … (0 comments)
charlotte nc home buyers: Buying a Charlotte Home? Check Out the Water Heater
- 01/22/12 03:25 AM
Did you ever run out of hot water at your house and wonder why? Here is an interesting post about water heaters from a Tennessee home inspector. He includes a guide for calculating how large a water heater should be. This is a great post for anyone buying a home. Size Does Matter... I have been running into many 40 gallon electric water heaters in my inspections, especially in rehabs. While I understand that it is all about turning a profit; 9 times out of ten, I write these up as being improperly sized. Here’s why: The selection of a … (0 comments)
charlotte nc home buyers: Home Inspections for Charlotte NC Home Buyers--Video 1
- 12/11/11 02:35 AM
Charlotte NC home buyers, don't let that home inspection scare you away. Sometimes it's not as bad as it seems. Watch this great video from a Tennessee home inspector. Diehl Killerz ~ Blue Lagoon... Well after much much ado, Big Diehl, Flubber and the adventures of Diehl Killerz makes its debut. This and ensuing episodes were designed to make a parody of the serious business of home inspecting. The whole purpose was to make folks aware that not everything that shows up in home inspection world is the dreaded "Deal Killer". Look for more episodes of Diehl Killerz and my … (1 comments)
charlotte nc home buyers: Charlotte NC Home Buyers Get Assistance for Loan Closing Costs
- 10/25/11 04:12 AM
Charlotte NC Home Buyers Get Assistance for Loan Closing Costs Are you hoping to buy a Charlotte NC home but not sure if you will have enough money for a down payment and closing costs? In a recent post, I offered some solutions for the problem of not having much money for a down payment. Read that post about no down payment loans here. Now what about the loan closing costs? Here are some ways to minimize your investment in closing costs if you are a Charlotte NC home buyer. Problem: Lack of Funds for Closing Costs Ask the seller for … (0 comments)
charlotte nc home buyers: Charlotte NC Home Buyers--Don't Let Limited Funds Keep You from Your Dream Home
- 10/11/11 03:54 AM
Charlotte NC Home Buyers--Don’t Let Limited Funds Keep You from Your Dream Home Are you a frustrated Charlotte NC home buyer? You would like to purchase that cute little cottage down the street. But your bank account isn’t overflowing with extra cash. You may be feeling that you are shut out of your homeownership dreams. Take heart. There may be a way for you to become a happy homeowner despite your lack of funds. I work with many Charlotte NC home buyers who have limited funds. They may have enough money for a down payment but not enough to pay their … (0 comments)
charlotte nc home buyers: Due Diligence for Charlotte NC Home Buyers--What About Crime?
- 10/05/11 02:26 AM
Due Diligence for Charlotte NC Home Buyers—What About Crime? What about the crime in this area or in this neighborhood? If you are a Charlotte NC home buyer, you may wish to investigate crime near your chosen property during the due diligence period of your contract. This post will help you understand where you can go to find this information and give you some links to get started. Local Police Departments Before you can find crime statistics in the Charlotte area, you need to understand how the police departments are organized. In Mecklenburg County, the Charlotte Mecklenburg Police Department covers all … (0 comments)
charlotte nc home buyers: How a Good Title Search Saved a Real Estate Closing
- 08/21/11 03:11 AM
How a Good Title Search Saved a Real Estate Closing “I’m not the sole owner of the property I purchased two years ago?” Two weeks before closing and this was the bad news delivered to Judy, my seller client. The closing attorney had completed the title search and found a mistake in the previous closing attorney’s work. Judy had purchased her home from a couple who were separated and divorcing. Her closing attorney mistakenly recorded a deed to Judy with the wife’s signature only. Judy had no idea that she wasn’t the only person with title to the property she … (4 comments)
charlotte nc home buyers: How to Read the MLS Property Report--A Guide for Charlotte NC Home Buyers (Part 7)
- 08/01/11 05:32 AM
How to Read the MLS Property Report—A Guide for Charlotte NC Home Buyers (Part 7) If you are a Charlotte NC home buyer, you will want to understand the wealth of information you can get from the Multiple Listing Service (MLS) property reports that your real estate agent gives you. This guide will lead you through a property report and make you a better-informed home buyer. Part 1 covered the basic property information found at the top of the report. Part 2 addressed what you should know and what you should investigate if the report indicates that the property is subject … (0 comments)
charlotte nc home buyers: How to Read the MLS Property Report--A Guide for Charlotte NC Home Buyers (Part 6)
- 07/14/11 03:22 AM
How to Read the MLS Property Report—A Guide for Charlotte NC Home Buyers (Part 6) If you are a Charlotte NC home buyer, you will want to understand the wealth of information you can get from the Multiple Listing Service (MLS) property reports that your real estate agent gives you. This guide will lead you through a property report and make you a better-informed home buyer. Part 1 covered the basic property information found at the top of the report. Part 2 addressed what you should know and what you should investigate if the report indicates that the property is subject … (0 comments)
charlotte nc home buyers: Does That Pretty Little Stream in the Backyard Put You in a Flood Plain?
- 07/06/11 03:47 AM
Does That Pretty Little Stream in the Backyard Put You in a Flood Plain? The Charlotte NC area is a beautiful landscape of rolling hills, forests and streams. It is also an area of abundant rainfall most years. Some of the area’s streams are subject to flooding during especially heavy rains. If you are a Charlotte NC home buyer, you should check to see whether that pretty little stream in the backyard of the property you’re considering lies within a flood plain zone. The purpose of this particular due diligence is not only to see whether the property might flood but … (0 comments)
charlotte nc home buyers: How to Read the MLS Property Report--A Guide for Charlotte NC Home Buyers (Part 5)
- 07/05/11 03:12 AM
How to Read the MLS Property Report—A Guide for Charlotte NC Home Buyers (Part 5) If you are a Charlotte NC home buyer, you will want to understand the wealth of information you can get from the Multiple Listing Service (MLS) property reports that your real estate agent gives you. This guide will lead you through a property report and make you a better-informed home buyer. Part 1 covered the basic property information found at the top of the report. Part 2 addressed what you should know and what you should investigate if the report indicates that the property is … (0 comments)
charlotte nc home buyers: How to Read the MLS Property Report--A Guide for Charlotte NC Home Buyers (Part 4)
- 06/18/11 06:38 AM
How to Read the MLS Property Report—A Guide for Charlotte NC Home Buyers (Part 4) If you are a Charlotte NC home buyer, you will want to understand the wealth of information you can get from the Multiple Listing Service (MLS) property reports that your real estate agent gives you. This guide will lead you through a property report and make you a better-informed home buyer. Part 1 covered the basic property information found at the top of the report. Part 2 addressed what you should know and what you should investigate if the report indicates that the property is subject … (0 comments)
If you are a Charlotte NC home buyer, you will want to understand the wealth of information you can get from the Multiple Listing Service (MLS) property reports that your real estate agent gives you. This guide will lead you through a property report and make you a better-informed home buyer. Part 1 covered the basic property information found at the top of the report. Part 2 addressed what you should know and what you should investigate if the report indicates that the property … (0 comments)
charlotte nc home buyers: Oops! Your Swimming Pool is in the Neighbor's Backyard
- 05/21/11 03:56 AM
Oops! Your Swimming Pool is in the Neighbor’s Backyard Or why every home buyer should get a survey before purchasing a property. Next week, my Charlotte NC home buyer clients will be closing on their new home. There was a time during the transaction when they weren’t sure that they would be able to go forward with the purchase. Why? The survey that was done as part of their due diligence process showed that not only did some of the concrete decking encroach upon the property next door but the pool itself had been constructed within the side setback required by … (8 comments)
charlotte nc home buyers: How to Read the MLS Property Report--A Guide for Charlotte NC Home Buyers (Part 2)
- 03/07/11 06:35 AM
How to Read the MLS Property Report—A Guide for Charlotte NC Home Buyers (Part 2) If you are a Charlotte NC home buyer, you will want to understand the wealth of information you can get from the Multiple Listing Service (MLS) property reports that your real estate agent gives you. This guide will lead you through a property report and make you a better-informed home buyer. Part 1 covered the basic property information found at the top of the report. How to Read the MLS Property Report—A Guide for Charlotte NC Home Buyers (Part 1)
Part 2 in this series … (0 comments)
charlotte nc home buyers: How to Read the MLS Property Report--A Guide for Charlotte NC Home Buyers (Part 1)
- 02/27/11 10:45 AM
How to Read the MLS Property Report—A Guide for Charlotte NC Home Buyers (Part 1) Due Diligence. If you are a Charlotte NC home buyer, you must learn the meaning of those two words. Why? A new Offer to Purchase and Contract form that gives a home buyer a negotiated time frame to investigate a property and make a decision to purchase the property was adopted in January 2011. Now you have an opportunity and a responsibility to learn everything you can about the property you wish to buy before you finalize your purchase. Where should a Charlotte NC home … (0 comments)
Information about real estate, schools, and living in the southern part of the Charlotte NC region, including Union County NC, Matthews NC, Mint Hill NC, Indian Trail NC, Weddington NC, Marvin NC, Stalllings NC, Monroe NC, Lake Park NC, Fort Mill SC, Indian Land SC, Tega Cay
If you are a Charlotte baby boomer or senior who's been told in the past that your assets don't count when qualifying for a loan, check out this article about changes in Freddie Mac's rules. You may be able to refinance your current mortgage to today's low rates or make that purchase to downsize from your current home.
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