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Charlotte : Real Estate Advice

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  • Local Info287
  • Home Buying755
  • Home Selling86
  • Market Conditions59

Activity 1,134
Tue Mar 12, 2013
My NC Homes Team answered:
No premium should be paid, other than possibly a slightly higher interest rate than market rate. Personally if you've got good credit and can get a loan, I'd probably not work with Seller financing.

I'd limit my offer to appraised value at the most.
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0 votes 12 answers Share Flag
Sat Jan 26, 2013
Jon Widdifield answered:
Depending on your job skills try Charlottehelpwanted.com. Please do not look for rental homes on Trulia as many of them are scams. They will as you for a deposit and they will send you the keys, do not do this. Try TR Lawing they are a trusted local property management company. I wish you the best of luck in your move! ... more
0 votes 6 answers Share Flag
Thu Apr 6, 2017
John & Natalie Costello answered:
No, single family homes do not sell for more than appraised value. I would recommend having an appraisal done regardless of financing.
0 votes 9 answers Share Flag
Thu Jan 17, 2013
Lexie Longstreet answered:
I think Charlotte is a great place... and it IS a lot EASIER life. I grew up outside of DC in Ft. Meade /Columbia area. And although I love Maryland, living in Charlotte is just a lot easier. It's hard to beileve but just going to the grocery store, and the shopping center is easier. The housing is a lot cheaper... as much as 35% less for a normal house... probably more for a better house. I have clients that had to leave Charlotte for DC and they went from a 2500 square foot house in the best school district to a tiny townhouse for $500 more a month and they felt lucky to find it.

I think you should make a trip down and take a look around. Spend 3 or 4 days and look at what you can afford. Of course finding a job might be harder than in DC but Living... is way easier.
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0 votes 7 answers Share Flag
Thu Jan 17, 2013
Debra M. Buck answered:
Good evening!

Great question but it all depends ... Location, condition, etc. The market is very hot right now and in fact, most Agents cannot find a home for their Buyers. If you can provide me more specific information, I would be able to help you with real data.

Best,
Debbie
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0 votes 5 answers Share Flag
Thu Jan 17, 2013
Dave Jones answered:
Shanikia, You found a great place to start. There are so many Agents on here that can help you. I would recommend looking at listings on here at areas you are interested in and then read reviews of the agents. I am sure you can find someone to bring you up to date on the areas and schools. Good Luck! ... more
0 votes 5 answers Share Flag
Thu Jan 10, 2013
Daniel Fisher answered:
Good evening, Rosalyn:
Here are some rental sites that might help.
http://www.socialserve.com/tenant/NC/index.html
http://www.move.com/
http://www.rentals.com/
http://www.rentalsincharlotte.com/
If you appreciate an answer, please give thumbs up. For the most helpful answer, please say thanks with a best answer click.
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0 votes 1 answer Share Flag
Wed Jan 9, 2013
Daniel Fisher answered:
Good evening, Bobbie:
Here are some rental sites that might help.
http://www.socialserve.com/tenant/NC/index.html
http://www.move.com/
http://www.rentals.com/
http://www.rentalsincharlotte.com/
If you appreciate an answer, please give thumbs up. For the most helpful answer, please say thanks with a best answer click.
... more
0 votes 1 answer Share Flag
Sat Jan 19, 2013
John Siddons & Mike Laine answered:
Carmen,

Email or call me directly for advice if you don't have a buyer's agent! You don't pay me anything for my services!

You can bid on as many homes as you'd like, you get a 10 day right to back out with most foreclosures, so really, there's not much risk in bidding on multiple REO's.

John.Siddons@prucarolinas.com
704-458-1843
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0 votes 6 answers Share Flag
Wed Jan 9, 2013
Amy Baker answered:
You have some great questions. Im not sure I can do them justice and provide you with all of the answers in this small little box. I work with lots of first time buyers and have sold every kind of foreclosure many many times so Im very familiar with financing options etc.

If you will send me an email, I will be happy to email with you and send you all the answer to these questions and any more you think of.

Amy Baker
Allen Tate Realtors
704-258-1459
Amy.Baker@allentate.com
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0 votes 9 answers Share Flag
Wed Jan 9, 2013
John Siddons & Mike Laine answered:
This is not true. Your interest is tax deductible from your income. Although this is helpful, it is nowhere near getting your full mortgage payments back.

Email me directly for more help if you don't have a buyer's agent! My services are free for buyers!

John.Siddons@prucarolinas.com

John Siddons
704-458-1843
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0 votes 10 answers Share Flag
Wed Jan 2, 2013
Scott Godzyk answered:
Because you do not live there, it is considered an investment property which does carry a higher interest rate. You can try with your current bank and ask for a loan modification if you can show a hardship makin the higher payment. ... more
0 votes 4 answers Share Flag
Tue Jan 1, 2013
Mechell Harris answered:
Hi,

You will need the income to qualify for 2 mortgages. Please feel free to contact me for further details.

Mechell Harris, Realtor/Broker
Allen Tate Company
(c)917-864-8726
mechell.harris@allentate.com
www.sellwithmechell.com
... more
0 votes 5 answers Share Flag
Mon Dec 31, 2012
Tim Moore answered:
You are asking for an equity loan. See a bank in your area and ask about getting an equity loan. They will have to do paperwork, get an appraisal or look at the current tax assessment and based on your numbers it should not be a big problem. ... more
0 votes 7 answers Share Flag
Mon Dec 31, 2012
Tim Moore answered:
You didn't include the size but you say it is a vinyl liner pool which is less than gunite. Fence? You are in the $15-22,000 range.
0 votes 4 answers Share Flag
Thu May 16, 2013
Felecia Armstrong answered:
Hi Ryan,

I can assist you in locating a home to rent. What is your time frame?

Felecia Armstrong
704-412-1970
UniqueChoice@live.com
0 votes 6 answers Share Flag
Mon Dec 31, 2012
Felecia Armstrong answered:
Good Afternoon,

Do you have a certain criteria that you are looking for in these houses? I can be of assistance to you please contact me my email or phone at your convenience.

Felecia Armstrong
704-412-1970
uniquechoice@live.com
... more
0 votes 3 answers Share Flag
Sat Dec 29, 2012
dave answered:
As a Realtor we are not allowed to steer a client toward one neighborhood or away from a neighborhood. We can provide you with links of places to visit to get the information but as a realtor we are bound by a certain code of ethics and this question violates that.

besides, what one person may consider as minor another person could view ti as a major issue for the area. So the best idea is to get the statistics and for you to decide whether it si safe for your children ro not.

The best place to go for thsi information is the Charlotte mecklenburg police department website. Here is a link: http://charmeck.org/city/charlotte/cmpd/Pages/default.aspx. On the drop menu bar on the top go to your safety then click on crime mapping ro crime statisitics....

This should give you the information you are looking for to make a descsion....Wish I could be of more help...

Dave dicecco
Realtor/Broker
Coldwell Banker United
www.davedicecco.com
... more
0 votes 2 answers Share Flag
Sat Dec 29, 2012
Jennifer Masucci answered:
The best way to check this type of information is to go to www.charmeck.org - you can put in the address and get up to date information.
0 votes 5 answers Share Flag
Fri Jan 4, 2013
Anneke Wilkey answered:
Some auctions require cash, others require a 10% down at time of bidding.
0 votes 8 answers Share Flag
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