Cornelius : Questions & Answers

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Keith Jean P…, Real Estate Pro in East Brunswick, NJ
Keith Jean Pierre answered:
How to reduce capital gain when sell a house?
As funny as this sounds, get married! The other thing you can do is home renovations prior to the sale. As a single homeowner, you are allowed to received $250,000 in "profits" on the s ... more
0 votes Share Flag Mon Apr 1, 2013 Rentals in Cornelius
Rose Cramer, Real Estate Pro in Charlotte, NC
Rose Cramer answered:
has the market in the Peninsula improved in the past year- has the market in homes improved since the summer of 2011?
I would say it has. Cornelius is a very popular area for buyers. Right now the inventory is extremely low and this is helping bring home prices up. Also the amount of Foreclosures has ... more
0 votes Share Flag Wed May 8, 2013 Market Conditions in Cornelius
John Siddons…, Real Estate Pro in Charlotte, NC
John Siddons - REALTOR® answered:
Antiquity Subdivision a good buy?
Hi Karen!

I think the lightrail coming up that way will be years from now due to many setbacks on the expansion. Please feel free to call or email me directly to discuss your potent ... more
0 votes Share Flag Mon May 5, 2014 Home Buying in Cornelius
Terrie Hayes, Real Estate Pro in 28031
Terrie Hayes answered:
Which condo complexes in Cornelius are currently FHA approved?
Admirals Quarters and Alexander Chase!
0 votes Share Flag Tue Jul 30, 2013 Home Buying in Cornelius
Nathan Wolf, Real Estate Pro in Charlotte, NC
Nathan Wolf answered:
How do I find out if a lot (that will be part of a townhome) is covered under the Interstate Sales Disclosure Act?
It should be recoreded at the Register of Deeds in the county in which it is located.

So contact the Register of Deeds for the county. They are very helpful and can help you find the ... more
0 votes Share Flag Sun Feb 19, 2012 Home Buying in 28031
Daniel Fisher, Real Estate Pro in Charlotte, NC
Daniel Fisher answered:
Lovely new listing in Oakhurst, only $169900. Looking for a special neighborhood , well kept up, great HOA, rec areas, pool and sought after.
For buyers who are interested in homes for sale in the Oakhurst Subdivision in Cornelius, NC and who want to review the homes active on the market, sold or off market without selling in ... more
0 votes Share Flag Fri Dec 30, 2011 Home Selling in Cornelius
Parrish Regi…, Real Estate Pro in Raleigh, NC
Parrish Register answered:
what are some sought after areas within Cornelius?
Good morning. The realtor's website link below covers most of the areas in and around Cornelius. Hopefully this helps.

http://www.martinrealestateteam.com/
0 votes Share Flag Mon May 12, 2014 Home Buying in Cornelius
Michael Emery, Real Estate Pro in Minneapolis, MN
Michael Emery answered:
Should I be concerned about an existing safety issue with a home I am being asked to list?
Does your brokerage use a local lawyer for legal issues?

You might just need to have an attorney draft a release of liability which would have to be signed by any agent and client th ... more
0 votes Share Flag Wed Jun 29, 2011 Home Selling in Cornelius
Johnny Archer, Real Estate Pro in Forney, TX
Johnny Archer answered:
During the economic fall, we've ruined our credit by placing some bills above others. Need to find a rental ASAP, but worried about the credit
We are partnered with a company who offers a 640 credit score or it is free and you can enroll here http://www.640orfree.com/creditshine

Feel free to contact me if you have any quest ... more
0 votes Share Flag Tue Jun 28, 2011 Rental Basics in 28031
Bob Robbins, Real Estate Pro in North Carolina
Bob Robbins answered:
Made an offer on a foreclosed home that needs some work. Fannie Mae asked if it is our "Best and Final Offer", but gave no counter offer.
If there is not another offer in on the house then I think this should be your final offer. If you're workiing with a R/E Broker he/she should be able to ask and find out. If the ... more
0 votes Share Flag Mon Aug 22, 2011 Foreclosure in Cornelius
Alan Trauger, Real Estate Pro in Florida Center, Orla...
Alan Trauger answered:
Does hard coat stucco have moisture problems? What have people seen happening in the Charlotte metro market with hard coat stucco?
Stucco installation refers to two different ASTM Standards C926 & C1063 for the correct installation. Rarely is this type of cladding installed correctly - anywhere!! Typically bu ... more
0 votes Share Flag Wed Oct 23, 2013 Home Selling in Cornelius
Gerard Dunn, Real Estate Pro in Potomac, MD
Gerard Dunn answered:
If I give a fully depreciated rental home to my son, what are the tax ramifications for him and for me/
Bike -

I believe he will have to take the hit when he sells.

His basis in the property will be zero - instead of the current market value.

He will have to pay the piper when h ... more
0 votes Share Flag Thu Oct 21, 2010 Rentals in Cornelius
Tony Orefice, Real Estate Pro in Charlotte, NC
Tony Orefice answered:
Lake Front owned by Lake Assoc.?
Hi Susan,

That's a tough one to answer without more info. If you could send me the MLS # or address of the property, I could further investigate this for you.

Sincerely,

... more
0 votes Share Flag Sun Mar 10, 2013 Home Buying in Cornelius
Patti Betts…, Real Estate Pro in 27013
Patti Betts & Kathy Byrnes answered:
We are new to this area, just curious, which one is the better buy...8610 Lake Pines Dr., and 17206 Vintage Oak Ct. They are both in Cornelius. Tks!
No question about it.. the one in Westmoreland is the better house. If you need an agent to help you, I would love to do so.
Kathy Byrnes
RE/MAX at the Lake
704-881-3930 cell
Kathy ... more
0 votes Share Flag Wed May 26, 2010 Home Buying in Cornelius
John D Haller, Real Estate Pro in Akron, OH
John D Haller answered:
What are the safest areas of Cornelius? Looking for a condo or townhome.
The best way for anyone to answer your question is to look at empirical evidence for Cornelius. And the best person to find that empirical evidence, is you.

You can start your quest ... more
0 votes Share Flag Tue Jul 15, 2014 Home Buying in Cornelius
Kelli Sheppe, Real Estate Pro in Charlotte, NC
Kelli Sheppe answered:
What are the average closing costs on a cash sale in Charlotte, NC?
Amy,

On a cash sale, you eliminate the closing costs associated with the mortgage and escrowing of taxes and insurance, but still have other fees like inspections, attorney costs, ti ... more
0 votes Share Flag Tue Jun 28, 2011 Home Selling in 28031
Warren Green…, Real Estate Pro in Mooresville, NC
Warren Greenlee answered:
What is the rental market like for Cornelius, NC.?
Hi Amy,
You could call some property managment companies and have them give you a quote over the phone. I have rented several that way and they charge a percentage of the first month ... more
0 votes Share Flag Fri Nov 21, 2014 Rental Basics in 28031
Patty Everitt, Real Estate Pro in Tennessee
Patty Everitt answered:
Should I be concerned that my seller's agent doesn't follow up with potential buyers except by email?
Bless your heart! you are working hard to make this happen ! hopefully your agent has scheduled a few Open houses to get things going, also ads on Trulia,Zillow, and your local newspape ... more
0 votes Share Flag Tue Jun 28, 2011 Home Selling in 28031
Todd Norsted, Real Estate Pro in Maple Grove, MN
Todd Norsted answered:
Renting a home vs. selling
Big question is, if you decide to rent it out, will it cash flow? Meaning will it sustain itself, pay mortgage and other costs with just the rent, no cash in from you.

If it will, I ... more
0 votes Share Flag Wed Mar 9, 2011 Home Selling in Cornelius
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