Home Buying in Charlotte : Advice

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John Siddons…, Real Estate Pro in Charlotte, NC
John Siddons - REALTOR® answered:
Are homes in Myers Park High School zone worth the price (550 ) when some homes have no garage, is a ranch and/or needs updating.?
This is a matter of personal preference for buyers. If you are looking at the property from the standpoint as an investment for your future, you must think about the 3 most important a ... more
0 votes Share Flag Sun Apr 15, 2012 Home Buying in Charlotte
Lexie Longst…, Real Estate Pro in Charlotte, NC
Lexie Longstreet answered:
I like an industrial building, and want a cheap one. Don't mind (prefer)pretty empty and will do the work. Whats' the best way to find one?
This is not that easy to find in Charlotte... pretty impossible because of zoning. Your best bet is to look in small towns. Depending on your budget, you may be able to find one as cl ... more
0 votes Share Flag Mon Oct 6, 2014 Home Buying in Charlotte
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
how can I find long-vacant properties?
There's no sure way. However, here are a few possibilities:

Homes in the MLS will be listed as occupied or vacant. A Realtor can run a listing of all vacant properties in the area. N ... more
0 votes Share Flag Wed Feb 4, 2015 Home Buying in Charlotte
Rose Cramer, Real Estate Pro in Denver, NC
Rose Cramer answered:
How do I find a fire station for sale?
Your best opportunities would be with a Realtor. They would know the market and be able to research online and also with fellow Realtors to find such a unique purchase. I do know of so ... more
0 votes Share Flag Mon Aug 20, 2012 Home Buying in Charlotte
Josh Fretz -…, Real Estate Pro in Charlotte, NC
Josh Fretz - SFR answered:
current John Wieland new construction price negotiation advice in Charlotte, NC area?
The best advice that I could give you is to hire a Realtor to work you in negotiating. Its not going to cost you anything extra and will safe you alot of time, money, and hassel in the ... more
0 votes Share Flag Tue Jul 24, 2012 Home Buying in Charlotte
Jennifer and…, Real Estate Pro in Newport Beach, CA
Jennifer and Frank Shamoo answered:
Hello, the amount of the house they are selling is 89,000. What is a good amount in a down payment should i put? they are doing a owner financing.
Hello,

If the seller is willing to carry, i would recommend first to see if they carry 100%? However, most likely they will request 20% down and carry the rest. Again, this is all n ... more
0 votes Share Flag Mon Mar 26, 2012 Home Buying in Charlotte
Beau Ferguson, Real Estate Pro in Charlotte, NC
Beau Ferguson answered:
I live in NC. My father had bought a house for me five years ago. I want to buy the house under my name in the cheapest way possible.
Find out if your father has an assumable loan. Most are not today, however, if it went through VA, it's possible. If the loan is not assumable, then I would contact an attorney and find ... more
0 votes Share Flag Tue Mar 20, 2012 Home Buying in Charlotte
John Siddons…, Real Estate Pro in Charlotte, NC
John Siddons - REALTOR® answered:
Should you have a agent when buying a new home in a brand new community.?
Elizabeth,
I would highly recommend using a buyers agent even with new construction. It costs you nothing extra in a transaction when using one and it can be a huge help with negotiat ... more
0 votes Share Flag Thu Apr 5, 2012 Home Buying in Charlotte
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
owner financing what should the interested be that the owner charges?
whatever he can get out of you!
I don't know what the usury laws are, but if he charges you 25% and you don't complain; then he is charging you 25%,
under these circumstance ... more
0 votes Share Flag Sun Mar 11, 2012 Home Buying in 28203
Sharon Lewis, Real Estate Pro in 27511
Sharon Lewis answered:
What areas in Charlotte are likely to appreciate in the next 5 years?
I would suggest generally speaking areas around colleges will tend to hold their value, students and professors need places to live. Also places around good schools tend will tend to ap ... more
0 votes Share Flag Fri Mar 9, 2012 Home Buying in Charlotte
Lexie Longst…, Real Estate Pro in Charlotte, NC
Lexie Longstreet answered:
Question of the Day: What makes a great buyer's agent
A great buyer's agent will have your back and give you good advise about home buying. Every buyer is different... some want advise on schools and basements. Some want advise on f ... more
0 votes Share Flag Tue Mar 13, 2012 Home Buying in Charlotte
Allyson Ward, Real Estate Pro in Charlotte, NC
Allyson Ward answered:
What's the typical process when buying a short sale?
A realtor should be representing you and answering your questions. It is too lengthy a process to go over in this format.

Thanks!
0 votes Share Flag Thu Mar 8, 2012 Home Buying in Charlotte
Susan Zongker, Real Estate Pro in Charlotte, NC
Susan Zongker answered:
What are some tips for first-time home buyers?
Dear Just Looking, Your question cannot be answered in just a few lines with everything involved in buyer a home. Sounds like you may be giving consideration to moving from San Francis ... more
0 votes Share Flag Thu Mar 8, 2012 Home Buying in Charlotte
Louise Lanth…, Real Estate Pro in Raleigh, NC
Louise Lanthier answered:
I live in NC. My father had bought a house for me five years ago. The house is under his name and I have been paying mortgage since day one and all
Absolutely call a lawyer. This is way to important and complicated. The money you spend on legal advice will be the best investment you can make.
0 votes Share Flag Mon Mar 19, 2012 Home Buying in Charlotte
Jan Teel, Real Estate Pro in Charlotte, NC
Jan Teel answered:
Which costs are potentially negotiable in closing costs
Closing costs may all be paid by the seller. With regard to negotiating the specifics, you may be able to get the attorney to lower his fee somewhat. The lender's fees may be negot ... more
0 votes Share Flag Sat Mar 3, 2012 Home Buying in Charlotte
Andy Matejka, Real Estate Pro in Greensboro, NC
Andy Matejka answered:
What are some surprises that first-time buyers encounter when purchasing a home?
Their pre-qualification letter from a Big Box Bank doesn't mean much. Similarly speaking, the seller may not accept their Pre-Approved offer from an online lender.
0 votes Share Flag Thu Mar 1, 2012 Home Buying in Charlotte
Allyson Ward, Real Estate Pro in Charlotte, NC
Allyson Ward answered:
1st time buyer, about 660 credit score. Looking to get pre-approved and use house charlotte assistance. A few houses in mind already, any advice?
Get a VERY experienced Agent!!! I know of tons of ways to make this work for you. Get an agent that knows what they're doing.
0 votes Share Flag Tue Mar 6, 2012 Home Buying in Charlotte
Frank Diaz M…, Real Estate Pro in Honolulu, HI
Frank Diaz MBA/RA 808.723.0900 answered:
We made an offer on inventory home. Asking price was 169k but now the seller is asking 170k . Is it fair ? We made an offer for 165 k .
Until there is an accepted offer, the seller can change the price in any way they like.
A good way to sell a home is actually to price it "too low." Then wait and see what ki ... more
0 votes Share Flag Fri Mar 2, 2012 Home Buying in Charlotte
Lexie Longst…, Real Estate Pro in Charlotte, NC
Lexie Longstreet answered:
1st time buyer. 690ish(?) mid-score. 6yrs at job, low debt, good income but only ~$12k to put down/close. Condo in 28202/3/4. Bnk v brkr? Exp agent?
Hey Dan,
You are going to be okay with the 12K down, as you will probably be doing an FHA loan. (That needs 3.5% down) If you went conventional ... you could put 5% down. One thing ... more
0 votes Share Flag Wed Feb 15, 2012 Home Buying in Charlotte
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