short sales in charlotte nc: Charlotte NC Short Sale Buyers | 4 Steps to Buying a Short Sale
- 05/20/12 01:45 PM
Four Steps to Buying Short Sales in Charlotte There remain opportunities to profit by purchasing short sales in Charlotte NC but, you need to know how to proceed in order to achieve success. Here are four steps to follow to increase your chances of success when buying short sales: Step 1: Hire a short sales expert Hire a real estate agent who has experience helping people buy short sales. You need someone who can not only locate short sales in Charlotte for you but, help you through the complicated process. Although the short sale process has become less complicated over the … (1 comments)
short sales in charlotte nc: What Qualifies as "Hardship" in Charlotte Short Sales? How to Compose a Letter to the Bank
- 04/22/12 12:36 PM
Sample Short Sale Hardship Letter for Charlotte Home Sellers What qualifies as a hardship when doing a Charlotte short sale? Family illness or injury Job relocation Job loss Significant income reduction Divorce or dissolution of domestic partners Death of a spouse Business failure Adjustment in mortgage payment Unforeseen increase in living expenses Too much debt Inability to rent investment property Military service Below is a sample hardship letter. The best letter is hand-written and no more than one page in length. Date To Whom it May Concern: This letter is a … (2 comments)
short sales in charlotte nc: 3800 Churchill Road Cotswold Charlotte NC | NEW PRICE!
- 06/10/11 07:09 AM
JUST REDUCED! You simply WON’T believe the price on this 3-bedroom townhome in the Cotswold area of Charlotte! A MUST SEE! This beautiful Cotswold townhome at 3800 Churchill Road has been updated throughout with gleaming wood floors, fresh paint both inside and out, upgraded lighting and granite in baths (tiled floors in baths). Rooms are unbelievably spacious and the home includes a master down as well as one up. There is also a third bedroom, all with plenty of closet space. The master down has been used as an office; the master up could be used as an office or a … (5 comments)
short sales in charlotte nc: Help! I've Been Asked for Highest and Best on a Short Sale!
- 04/17/11 06:16 AM
Short Sale Q & A Help! I've Been Asked for Highest and Best on a Charlotte NC Short Sale! A recent buyer asked the following: "I put the only offer on a short sale and the next day I'm told there's another offer and I need to put in the highest and best. Is it a fake offer?" The buyer is concerned because the home has been on the market for a couple of months and now, all of a sudden, there are multiple Offers on the property. He is concerned because his agent said that there is no way to determine … (14 comments)
short sales in charlotte nc: Distressed Properties in Charlotte NC
- 02/26/11 10:31 AM
Distressed Properties in Charlotte NC Many Charlotte NC real estate buyer requests that we receive are pertaining to distressed properties. We're happy to assist you in your search for distressed homes for sale in Charlotte but, before we search, here's a quick definition of each type of distressed property which you may come across during your search.
What is a Short Sale? Much has been written about short sales in Charlotte NC. In short, the definition of a short sale is when a homeowner cannot afford to make the mortgage payment and does not have sufficient proceeds to pay off the mortgage(s), it then … (5 comments)
short sales in charlotte nc: What's the Difference Between Foreclosures and Short Sales?
- 01/09/11 03:45 PM
What's the Difference Between Foreclosures and Short Sales? You've got to love reading through some of the questions and answers on Trulia! I always love to clear up the consumer's questions that seem to be so simple for us but, not so elementary for those who are not in the real estate business. Here's the short version of a recent question that I thought needed a bit of clearing up:
What is the difference in a foreclosure and a short sale and which is the best one to buy? In response to the initial question - The difference … (79 comments)
short sales in charlotte nc: Foreclosures: A Great Investment or a Disaster?
- 10/14/10 02:35 PM
Foreclosures: A Great Investment or a Disaster?Are you leaning towards stepping into the investment market? You may get the idea that buying a foreclosure is your best bet for a great deal on a home. Well, it’s possible, but remember that the foreclosure market is full of perilous pathways and competitive investment pros who know what they’re doing.Whether you’re considering purchasing foreclosures as an investment or as your personal residence, here are a few tips that will help you get you started on a great investment and likely help you avoid a disaster. Seek professionals to assist you: Your team of … (36 comments)
short sales in charlotte nc: Short Sale Q & A - What are the Pros and Cons of Short Sales
- 05/23/10 05:07 PM
Short Sale Q & A - What are the Pros and Cons of Short Sales Q - What are the pros and cons of a short sale ? A - A short sale occurs when your lender agrees to accept less than the balance remaining on your home. It is a way for you, as a seller, to avoid foreclosure and sell your home. For those who owe more on their home than it’s worth, it sounds like a great way to avoid foreclosure but, that doesn’t mean it is right for everyone. Should you consider a short sale on your … (17 comments)
short sales in charlotte nc: Short Sale Q & A - This Process is Taking TOO Long, What is a Buyer to Do?
- 03/14/10 04:53 AM
Short Sale Q & A - This Process is Taking TOO Long, What is a Buyer to Do? From a short sale buyer: Q - I have had a purchase agreement on a short sale property since August 14th of 2009 and I still haven't received an answer from the bank. They keep telling us we will have an answer in approximately 1 week; then a month will go by and we still hear nothing. What can I do to help move this process along as the purchaser? A -First of all, you are incredibly patient! There are several things that … (46 comments)
short sales in charlotte nc: Can Short Sales Really Be Automated Like Cookie Cutters- One Size Fits All?
- 11/23/09 05:24 PM
The short sales that I have been exposed to have all required a 'human factor' to get the job done. Case in point--one that I'm working right now with BOA: I was told to fax in the package, then told to upload it into the REO-Trans system. I did so and kept noticing that the information was disappearing. After several very long phone calls to a Bank of America rep, I wound up putting the information into the system a total of three times before one finally was visable to them--why, I don't know, I could see it just fine! … (16 comments)
Author Bio: Debe Maxwell is a Certified Residential Specialist (CRS) in the Charlotte Metro region with a focus on the Charlotte luxury home market. My team of agents each have their own specialty areas, a benefit to anyone buying a home in Charlotte NC.
If you're thinking of listing your home, I would love to meet with you and share our marketing success package with you. My homes sell faster and for more money and after all, isn't that what every seller wants?! We'd love to help you buy or sell in the Charlotte Metro region.
Four Steps to Buying Short Sales in Charlotte There remain opportunities to profit by purchasing short sales in Charlotte NC but, you need to know how to proceed in order to achieve success. Here are four steps to follow to increase your chances of success when buying short sales:
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