Allyson -
It really depends on which area of Charlotte you want to live in and what you want to buy. Uptown, Suburbia or somewhere in the middle (i.e. -Dilworth, Midwood, Wilmore). New Construction vs. Pre Existing. There are some areas in Charlotte that are “Hot” and some that are “Not” so it is good to decide where you want to live first and then become educated on that particular neighborhood.
Sit down with a mortgage broker as soon as possible - the market going through a lot of changes right now so it would be a good idea to understand fully the financing portion of buying a home.
Also find a Realtor/Buyer's Agent you can trust and will work for you - **A buyer's agent does not cost you anything, their commission is paid by the seller. Ask your friends, co-workers, peers, and family for recommendations and referrals. You need to find someone you trust and will work for you to get the job done.
These website should help as well:
http://homebuying.about.com
http://homebuying.about.com/od/buyingahome/bb/shopping1sttime.htm
http://www.smartmoney.com/consumer/index.cfm?Story=20020531
I hope my answer helped, please contact me if you have any questions.
- Thu Aug 23 2007, 13:29