You will want to get in touch with a Realtor. (s)he will be able to go over all your wants and needs and get a list of homes that meet you needs to you to look at. If you'd like I can get you in touch with a Realtor. Also if you need help with financing I would be happy to assist you in getting pre-approved.... more
You have a great chance of being approved based on what you have stated. I think the more immediate question is how much can you get approved for and would you be comfortable with the loan products available to you. In addition, you may qualify for up to $7,500 in downpayment assistance.
I would suggest you sit down with a reputable lender to go over your situation.
Feel free to contact me ( I live in Andersonville so I know the 60640).
773 677 5340
The issue with floor plans is realtors create the listings and pay for professional photos. Floor plans are an additional fee which realtors refuse to pay for. If the home is high end $1 million category, you will see more floor plans since realtor commissions are higher and they can afford to spend the money on floor plans.
If the seller wants floor plans in the listing the seller will have to pay extra for it and most realtors think it's not worth the extra money.... more
Need some advise...We are a young (under 30) couple looking to buy our first house. We want to buy in the San Marcos area and are wondering where we should be looking. $500,000 is our budget and need at least
I have a mobile home im selling in pennsylvania, in a mobile park very nice ran park, the home is in excellent condition, the reason for the sale is the owner has gone into a nursing home. Any help would be appreciated.
Hello, Im a Charlotte native here! There is not any particular area for first time home buyers in Charlotte, as this would violate fair housing laws and equal housing opportunities. Usually first time home buyers are offered grants for down payment assistance and some of these programs require certain neighborhoods. Generally, a first time home buyer can live where ever they qualify for a home at. It also depends on your preference and what you want in a home. I help first time home buyers often in Charlotte and I also offer a free workshop for first time home buyers once a month. If you want more information about this workshop or have any other questions please feel free to contact me.
I'm a former realtor and able to inform you of things active agents can't. If you're flexible with time, able to do things yourself and looking to save on commissions - yes you can sell by owner and do a better job than most realtors - and it's easy. The steps as follows:
1. Declutter and clean - Rent a storage bin if you must but take 1/2 your furniture, 1/2 of everything in all of your closets, 1/2 of everything in your kitchen and all bathrooms and store it someplace outside your house. Remember, buyers want to see PLENTY of empty space for their stuff - not yours. Now clean your house from top to bottom, does your front yard have the Wow factor, is your backyard cleaned, etc. Also no pet odors, cigarette smoke, etc.
2. Pay for a home inspection - buyers will pay for one and it's better you find out about any hidden issues before the buyer does. If anything major (roof, electric, plumbing, septic, etc.) needs repairs - fix it now. Anything minor (broken door, wrong color paint, Windows not closing properly, etc.) fix it yourself - no need to spend hundreds of dollars. The difference is with major issues, buyers will subtract thousands of dollars from your asking price when these repairs will cost you much less to fix.
3. Now that your home is cleaned & inspected, time to pay for a professional photographer. Sorry but cellphone & amateur photos look horrible on real estate websites. The photographer will give you digital pictures for easy uploading. Stage your home so there is plenty of walking space for families to browse around. Paint over any bold colors. All walls should be pastel or neutral colors only.
4. Visit your county's tax or assessor's office. Verify the property card & tax information is accurate for your house. Fix any mistakes.
5. Research several flat fee listing brokers (Google them). You need to pay a flat fee broker instead of paying the full 3% listing broker because you still need to have your home listed in the MLS. The difference is buyers don't usually have to pay commissions and buyers gravitate to realtors for assistance in buying a home. However, realtors will only show homes listed in the MLS to their buyer clients. Realtors refuse to show For Sale by Owner houses unless there is a signed agreement that the realtor will be paid and that agreement has to be signed in advance. Therefore, when you use a flat fee broker you will sign an agreement that you will pay a percentage to the buyer's broker. Please offer 3% if you can because the lower the amount will turn off agents and they don't have to bring their buyers to your house. Finally, verify the flat fee broker has full access to your local MLS.
6. Use www.fizber.com to,post your listing to Trulia. Only realtors can post directly to Trulia but going thru Fizber will allow you to do it. Zillow.com allows owners to post directly for free. Use as many websites as possible. Stay away from Craigslist - too many scams.
7. Pay for an appraisal and price your home within 5 - 10% of the appraisal price. You can also have several agents give you a CMA for free but beware - they will do it hoping you will sign a listing agreement. Don't sign anything. You can tell these agents you need a CMA for estate purposes, a divorce, medical, etc. Never mention you are selling by owner. Remember any buyer who needs a mortgage will be required by their lender to pay for an appraisal. Better you know the appraised price before the buyer does.
8. For showings - use the 12 - 24 hour rule. Realtors do. You will ask every buyer to email or send you a copy of their pre approval or proof of funds. Google the lender, use the phone number on Google & verify the information is accurate. Pre approval letters can be fraudulent. Schedule showings after you verify the information which will take 12 - 24 hrs. Never allow buyers in your home without being financially qualified. Open Houses are an exception.
9. NEVER schedule showings where you are alone. ALWAYS have somebody in the house with you. Borrow a neighbor, friend, etc. A great idea is to pay several dollars to high school or college students because they have flexible schedules and they always need cash. FYI - realtors have had close calls because they were alone.
10. Good Luck & have fun. Best thing - you saved 3% in commissions!!... more
I say the seller should be there. The home still belongs to the seller. I had a buyer who had second thoughts and decided to bring their inspector in only to find problems so that they could withdraw from their contract.
There was absolutely no problem with my home, however by the time the inspecter and buyer left there was. They pulled the washer out, with body force crushed my wall and then claimed a leak, soaked a piece of the drywall in the laundry sink, as their "evidence" of a leak. Then bowed out of the contract!
I was left to repair a crushed wall that had absolutely no leak.... Ever! Talk about mad! I personally don't care how much I step on a buyer's toes. I will be there for all inspections in the future. The home is still my home and as of the time of inspection.... no one has invested as much as I have in it.... more
Hello, I don't have any experience moving from the west coast but I am a Charlotte native. Two years is a great amount of time to give yourself to prepare. You are making the right steps by researching homes and different areas ahead of time. I'd be glad to set you up on a real estate search through my website and send you updates and market insights for the Charlotte area. We can discuss your goals and work towards that over the next couple of years. Feel free to contact me at anytime!
Hello, there are a few schools that offer inclusion programs in the Charlotte area. It would depend on what grade level your child is in as to what school he attends. You can check out cms.k12.nc.us for more information on the schools and programs offered in the Charlotte area. One school that comes to mind is Beverly Woods Elementary.
Hopefully this helps you find a great match for your child. If you have any other questions during your transition to the Charlotte area feel free to contact me. I am a Charlotte native but if I don't have the answers Im sure I can find them for you!
I don't know about a free grant, but there is a loan program called HomeStyle Renovation loan you can use to renovate your home or whatever you see fit to improve your home overall condition, but there are some small requirements based on your credit which will entail some money down anywhere from 5-10% of the loan amount.... more