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Home Buying in Charlotte : Real Estate Advice

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  • Local Info281
  • Home Buying727
  • Home Selling82
  • Market Conditions59

Activity 826
Cslavey93, Home Buyer in Rock Hill, SC
Sun Jun 5, 2016
Cslavey93 asked:
We were under contract on a house we wanted to get the house inspected and was only given one day to have it inspected on the 26 the due diligence was up on the 31 and one of our reports…
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Wilsonliz808, Home Buyer in New York, NY
Fri Jun 3, 2016
Wilsonliz808 asked:
Lonnie Hand, Real Estate Pro in Matthews, NC
Tue May 31, 2016
Lonnie Hand answered:
I would suggest looking into eXp Realty. I was with Keller Williams before joining eXp Realty. Trade magazines refer to us as the Uber and Netflix of real estate and a true paradigm shift. Here is what I have loved about eXp.

Agent - Owned publicly traded company (EXPI) therefore no franchise to have to pay into.
* I received 750 shares of stock upon sign up
* 100 shares of stock upon your first transaction every year
* 80/20 split with low cap of $16,000 then 100%. (At KW my split was 64/36 with 6% going to KW corporate until you pay in $3000 then its straight 70/30 until you reach your $20K cap then you get 100%)
* When you cap at $16K then you pay $250 per transaction until you do 20 more transactions after capping at which point it is $75 per transaction. At this point when you do 20 transactions after capping, the company pays you back your $16,000 in the form of company stock. You can cash out 1/4 of it and the other is vested.
* Direct buy program - Choose to have 5% of your commission go towards purchasing company stock at at 20% discount.
* Truly FREE business coaching and training - In the past I paid the corporate franchise money for similar things. Keep in mind there is no franchise with eXp so no corporate frachisor to make money off from training.
* Paperless transactions with 24/7 support.
* No brick and mortor building. As an agent you spend most of your time working from home or if your own office space. If you are spending more time going into the office just to drop off or pick up checks, then choose to cut your expenses.
* I collaborate and mastermind with other top agents every day from across the US and NC in our cloud office which is ran by powerful software that we have the perpetual license for in regards to the real estate industry.
* Every eXp Agent receives the Kunversion CRM and lead generating software that is normally $300-$500 per month and $1000 to set up. At eXp it is all included in your $50 monthly/tech fee.
*Regus Office Suites - Enterprise membership for those times where you may want to go into an office or use internet etc at a business lounge.
*Keep your own brokerage and branding with less liability and expenses
* REVENUE SHARE from those you introduce to the company, down seven levels(like KW profit share but taken off the top not the bottom), you get a % of each of their transactions till they cap. This is willable to your family/children and vested after 3 years with the company.
This Revenue Share, Stock Options, and your regular real estate sales allows for three streams of income. If your sales are down one month, you still have the ability to have money rolling in from other avenues.
Just a great company to be a part of now in 41 states and Canada and growing faster than any other real estate brokerage. Where ever you choose to have as your brokerage, be sure that they are a good fit for you and make you happy.
... more
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Jeff Hoover, Real Estate Pro in Kannapolis, NC
Sun May 8, 2016
Jeff Hoover answered:
You will be responsible for your portion as the Buyer of taxes, sewer and water fees and HOA dues paid to reimburse the Seller. You also will be responsible recording fees.
0 votes 1 answer Share Flag
Heath Simms, Home Buyer in Charlotte, NC
Thu Apr 21, 2016
Heath Simms asked:
Im in the Charlotte NC area and I find this to be very strange. Why are they selling for so cheap in this area? I've visited the condos and as said before area is very nice the condo…
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Kimsu, Home Buyer in Charlotte, NC
Fri Apr 1, 2016
Kimsu asked:
Is it easier to buy a rent to own ho e with a low credit score and where to find such a home
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Shakthinatra…, Home Buyer in New York, NY
Thu Mar 31, 2016
Shakthinatrajan asked:
Buyer had included a contingency in the contract that if the appraisal amount does not meet the negotiated price, buyer will walk out if seller is not willing to lower to appraised price.…
0 votes 0 Answers Share Flag
Scott Godzyk, Real Estate Pro in Manchester, NH
Sat Mar 26, 2016
Scott Godzyk answered:
Insurance companies love to deny claims. You need a roofer to write a valid report, and not one looking to sell a roof, but one who will write the truth
0 votes 2 answers Share Flag
Penny Simpson, Real Estate Pro in Fort Mill, SC
Wed Mar 23, 2016
Penny Simpson answered:
Ernest money is a dollar amount that goes with the offer to show that you are a serious buyer. This figure starts at 1% and is usually negotiated upwar,d.

You will need a stated amount of time to get your inspections done, repairs negotiated, and to get final loan of approval. The due diligence fee (non-refundable dollar amount payable directly to seller) is for your right to inspect the home & qualify for loan within the agreed upon time allowed.

At the time of listing the property, the seller is already aware and expects both the Earnest Money and the Due Diligence fee. Both of these fees are necessary to make an acceptable offer to the seller.

Both of these fees are necessary to present a good and fair offer. When I am your Realtor,, I will guide you through the process so everything will go smoothly.
... more
0 votes 19 answers Share Flag
Tara87962, Home Buyer in New York, NY
Wed Mar 16, 2016
Tara87962 asked:
credit? I work in the mortgage industry and I have struggled to get my credit together because I am the main provider of my household but my fiance who lives in another city has good credit…
0 votes 0 Answers Share Flag
Qulia Bryant, Real Estate Pro in Charlotte, NC
Tue Feb 9, 2016
Qulia Bryant answered:
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!

Thank you,
Qulia Bryant
704-904-2178
quliabryant@helenadamsrealty.com
www.QuliaBryant.com
... more
0 votes 1 answer Share Flag
Teesha Booker, Home Buyer in Charlotte, NC
Sun Feb 7, 2016
Teesha Booker asked:
My and my husband has not so great credit scores. Lower than 600. We really need some advice on buying a home and improving our credit.
0 votes 0 Answers Share Flag
Tom, Home Buyer in New York, NY
Thu Jan 28, 2016
Tom asked:
Can I get a home loan In my last year in bankruptcy ?
0 votes 0 Answers Share Flag
Tonya1009, Home Buyer in Charlotte, NC
Thu Dec 31, 2015
Tonya1009 answered:
Not in Charlotte, NC but in Houston, TX...The ends justify the means! The NACA purchase program was great that it provided an already low interest rate which I was able to buy down to lower it more, no down payment necessary, very minimum closing costs, no PMI all equal a low affordable monthly payment which what is needed here in the area I purchased. The property values in Houston were on the rise and it was a seller's market and property taxes are moderately high. So I greatly appreciate that NACA exists and it advocates home ownership without predatory lending! ... more
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Erika McNew, Real Estate Pro in Charlotte, NC
Wed Dec 30, 2015
Erika McNew answered:
Hello I'm a Realtor with Keller Williams that lives in the Charlotte area. Below are two lenders I trust that you can contact to find out about programs available. I'm familiar with the Steele Creek area so feel free to contact me for any real estate questions you may have. Good luck!

Ted Sandalaski; https://geobanking.com/tedsands/; tedsandalaski@yahoo.com; (704)575-4886

Blair Williams; https://movement.com/lo/blair-williams/; blair.williams@movement.com; 704-607-4314
... more
0 votes 2 answers Share Flag
Erika McNew, Real Estate Pro in Charlotte, NC
Wed Dec 30, 2015
Erika McNew answered:
Hello my name is Erika I'm a Realtor here in the Charlotte area with Keller Williams. I understand your frustration with the site I'm not sure if you're just curious or actively searching for a home but I could set you up on my MLS Portal that I give to my clients. It will allow you to search for over 30,000 homes that may or may not be on any other sites. It gives you several different options of search criteria and is relatively easy to use. If this interests you you can just shoot me an email at erikamcnew@gmail.com and I can get you started. Look forward to hearing from you happy searching! ... more
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