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12 Things to Keep in Mind to Get a Good Deal on a Charlotte, NC House

Real Estate Broker/Owner with Showcase Realty LLC 183393

The process of buying a home is one of a kind, even though it can get a bit stressful at times. A home is a significant investment, but like all investments, some are more beneficial for you.

What you keep in mind to get a good deal on a Charlotte, NC house depends on what you most likely have an idea about what you want in a home. It can be how many rooms and bathrooms it should have or what kind of patio you’d like in the backyard. However, finding the best fair deal for you might be the most confusing part. 

Here's a guide on things to keep in mind to get a good deal on a Charlotte, NC house. Remember what you’re looking for, ensure you’re prepared, and what things you have to consider most in buying a house.

1. Assess your finances

If you’re committed to buying a home, it would be best to avoid making any big purchases six months before. It can impact your credit profile, which can make it tricky to get a good mortgage rate. Lenders will want to see how reliable you are so you can get the ideal loan you need.

2. List everything you want 

This can include how many rooms you want, how many windows, and more. You can separate these into two categories: non-negotiables and negotiables.

Non-negotiable parts of a home could be the size of a driveway or how many bathrooms are in the house. These are things that your chosen house must have and can’t be traded for anything. Negotiables are things that you can go without. This could go from the presence of a backyard or something like a walk-in closet. 

Remember not to go overboard and be specific. Otherwise, it might be difficult for you to find a home. Stick to this list while searching, and you’ll be able to abide by your budget and taste.

3. Set a clear budget

This is one essential thing to remember when looking to buy a home. It’s easy to get caught up in the excitement of making an offer, but it can be dangerous for you and your pocket.

Having a clear budget means that you can avoid being tempted by homes you can’t afford. Don’t let yourself buy more than you can handle and then struggle in the next few months or years. 

4. Get pre-approved

Don’t settle for pre-qualification. That might be easy, but pre-approval is what you’ll need. Being pre-approved means that your financial records have been assessed. This can let you know what you can afford and how much lenders can give.

It saves a lot of time and energy, especially since this can help you shape a clear budget. Your search for the best deal will be narrowed down significantly.

5. Observe and research on market conditions

Understanding the housing market can benefit you as a buyer. The law of supply and demand is applicable, even in real estate. Whenever more buyers enter the market, housing prices can increase.

Both owners and buyers have their advantages and disadvantages. It would be beneficial for you as a buyer to know how the market is going, especially if there have been floods or recent damages to certain areas. Additionally, any future changes to a neighborhood can significantly impact the value of its houses.

Charlotte, NC Real Estate - Because of the relative amount of potential buyers of Charlotte, NC home, the price may increase.

6. Rely on your brain, not your heart

Finding a home is not the same as finding a significant other. Many people talk about falling in love with their house at first sight. Most of the time, though, this can hurt more than it makes sense. 

Relying on your emotions to choose a house can affect you a lot. You might go over your budget or become too attached to one particular house. Keep in mind: you’re investing, not finding a “perfect match.”

7. Get to know the area

Explore the neighborhood you’re interested in. It would be good to have a sense of what you might experience. Not only inside the house but the nearest areas surrounding it.

The distance between grocery stores and malls can affect your choice as well. Having a sense of what life you might live in the coming years should be important in making your decision.

8. Consult a real estate agent

This one is essential, especially if you’re new to the buying and selling scene of real estate. Having a real estate agent can help make the process smoother and easier. There are even times where an agent might bring out some options for you that you haven’t seen before.

Showcase Realty can provide you the best of the best when it comes to agents. In Charlotte, NC, you can have the best of both worlds: a good agent and a great deal.

Tips To Have A Good Deal On A Charlotte, NC House - It is difficult to find the best fitting deal for a house that is why it would be best to hire an agent.

9. Expensive doesn’t always mean it’s the best

Some people have a mindset where they think that the highest-priced homes are the best deals, which is not true all the time. This is also applicable to the size of the house. Despite how fancy and large a house looks, it might not be the best deal.

Keep in mind that there are dozens of factors that make a house worthwhile. It’s not just the size that matters, but how it will turn out in a few years. Either its value depreciates or appreciates - you have to be wise in making decisions.

10. Timing the market might hold you back

It’s true how much the housing market proves itself an essential factor in understanding. Yet, focusing too much on how much prices fluctuate might prevent you from jumping in.

Don’t be too obsessed with anticipating markets to be in your favor. There is no “best time” to buy a house. The best time possible is the point in your life where you know you can afford your standards. Waiting for the “perfect” time might make you miss out on a lot.

11. Be a bit risky

You will likely have a list of the top five or three properties you’re interested in. Each of them, though, likely has a few terms or offers you want to change. Don’t be afraid to propose deals that are lower than the original price. This won’t damage much, but you can see how the seller will react to it.

Negotiation is something you must learn to be good at to get the best deal. There are chances that a seller will take your counteroffer or a chance they might not. Just remember that lowballing isn’t always something you should do. It can insult the seller if you price too low; being fair is always better.

Best Real Estate Agent in Charlotte, NC - One of the best ways to have a good deal on a Charlotte, NC, home is to have experienced agents from Showcase Realty.

12. Settle for the best

Now you’ve gone through everything: pre-approval, the search, and counteroffers. It’s time to talk with your agent, assess the options, and make a final decision.

When you find a home that has everything you’re looking for, it’s time. It must fit your price range and offer something for you and the seller. Gather up the confidence to make the decision and settle with your chosen home.

When shopping for a home, there are a lot of things you’ll need to learn. It can be especially tricky for newcomers. With Showcase Realty, you won’t have anything to worry about. Finding the best home to buy in Charlotte, NC won’t be a problem with us.

Posted by

Nancy Braun

Owner & Broker in Charge

Showcase Realty,LLC


1430 S Mint St Suite 106

Charlotte, NC 28203


704-625-2361 (f)

Comments (1)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

A realistic budget is the key here I think, for myself anyway. Very good post

Jan 14, 2022 11:53 PM