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Foreclosure or Short Sale–What’s the Difference?

Losing your home to foreclosure is a painful event that continues to haunt you long after your home has gone back to the bank. Your credit score is severely affected and, regrettably, most people cannot be sure that they will remain safe from foreclosure because they haven't foreseen the "unexpected." Such events as serious illness, a major accident, divorce or job loss can happen to anyone at anytime. It’s a good idea to understand the available alternatives should such devistating events occur in your life. So, what IS the difference between a foreclosure and a short sale? Simply put, the … Continue reading...

Posted in: In the News, The Latest on All Things Real Estate - Charlotte NC Tagged: Charlotte NC Home Sellers, Charlotte NC News, Charlotte Seller Tips

3420 Maryhurst Charlotte NC 28226 – SOLD

4BR/3.1 BA  Single-family Home  $515,000  MLS# 948515 South Charlotte – Arboretum Area - Gorgeous ranch-and-half in prestigious Providence Springs.  This custom Gene Harrington built, full-brick home is located on a beautiful, quiet cul-de-sac.   The home has been meticulously maintained and certainly has the ‘WOW’ factor!  The over-sized master suite features a large sitting area surrounded by large windows.  There is a large walk-in closet and a luxurious, beautifully renovated master bath.  The master bath includes tiled flooring and fully tiled double-sized shower with frameless glass … Continue reading...

Posted in: In the News, Sold Homes in Charlotte This Week Tagged: Charlotte Home Buyers, Charlotte NC Buyers, Charlotte NC Home Buyers, Charlotte NC Home For Sale, Charlotte NC Homes for Sale, Relocate to Charlotte NC, Search Charlotte Homes for Sale

4100 Exbury Gardens Drive Waxhaw NC 28173 – SOLD

4BR/3.5BA House $259,900  MLS# 2009067 SOLD What a fantastic find!  Located in beautiful Waxhaw, North Carolina, just south of Charlotte, Prescot is a newer community, with the third and final phase currently in completion.  Neighborhood amenities include club house, playground, pool, tennis courts and walking trails.  Prescot is located just off of Hwy. 16 (Providence Road) with easy access to I-485 and a short 25 minute drive to the heart of Charlotte.  Restaurants, shopping and recreation are also conveniently located in close proximity to Prescot in Waxhaw. You will be completely … Continue reading...

Posted in: In the News, Sold Homes in Charlotte This Week Tagged: Charlotte Home Buyers, Charlotte NC Home Buyers, Charlotte NC Home For Sale, Charlotte NC Home Sellers, Charlotte NC Homes for Sale, Charlotte Sold Listings, Relocate to Charlotte NC, Search Charlotte Homes for Sale, Waxhaw Homes For Sale

Lot #2 Skyecroft Commons Drive Waxhaw NC 28173 – SOLD!!

SOLD!!! 1.14 Acres Prime Lot $138,000  MLS# 2033677 Savor the European countryside theme in luxurious Skyecroft.  This gated community offers a neighborhood-friendly lifestyle with luxurious amenities, yet just outside the I-485 loop and convenient to everything Charlotte! This premier, flat lot has no building completion requirements but, must be builder-approved by the HOA.  Skyecroft offers first class amenities including a spectacular club house with two indoor/outdoor fireplaces, a junior Olympic pool, tennis courts, playground, over 40 acres of green space, walking trails, lake and … Continue reading...

Posted in: Charlotte NC News, Featured Charlotte Listings, In the News, Sold Homes in Charlotte This Week

7625 Lady Liberty Lane Charlotte NC – Home For Sale

 3BR/2.5BA House $90,000  MLS# 2033280 SOLD!! SHORT SALE steal on transitional home in excellent condition and is move-in ready!  Bright, sunny rooms are all generous sized.  This 3-bedroom, 2-1/2 bath home features a loft that can be used as office or upstairs den, overlooks soaring 2-story foyer.  The great room is spacious and centered around a lovely fireplace with gas logs. The master suite offers a large walk-in closet and luxury bath with dual vanities. Enjoy a backyard BBQ from your patio leading to a fenced yard for privacy.  Brighton is in a convenient location near I-77 and only … Continue reading...

Posted in: Featured Charlotte Listings, In the News, Sold Homes in Charlotte This Week

Presenting Multiple Offers to the Lender for Short Sale Approval

While visiting at the NAR site regarding the new short sale designation and visiting the 'discussions' link, I found several questions relating to short sales and one, in particular caught my eye. "Can multiple offers be submitted to the lender without seller signatures or can only one offer be negotiated at a time? Can the seller sign multiple offers to submit to the bank?" Ahh, the question of the year! In Broker Bryant and Wendy Rulnick's classes (visit www.ShortSaleSuperstars.com) on short sales, we learned that we only submit one offer at a time. Numerous articles and webinars that I've … Continue reading...

Posted in: In the News, The Latest on All Things Real Estate - Charlotte NC Tagged: Charlotte NC Home Sellers, Tips to Sell Your House

Why Are You Pricing Your Home Like Clothing at the Mall?

Sellers who really want to sell their property NOW so that they can move on, are more involved with analyzing their price point than ever before. It seems that most sellers want to price their property with something that ends in '99'--$599,000 or $599,900, etc. Here's what I ask them: "You're about to move to Raleigh and your Realtor® has set up a search for you through his/her MLS. Can you tell me what your price parameters are for that search? When you're searching online at night for homes in the Raleigh (or destination city of choice), what price points do you use in your own … Continue reading...

Posted in: In the News, The Latest on All Things Real Estate - Charlotte NC Tagged: Charlotte NC Home Sellers, Tips to help sell your Charlotte home

Charlotte NC Live/Work Communities – 3030 South

3030 South A Charlotte Live/Work Community

Charlotte NC Live/Work Communities - 3030 South 3030 South Charlotte NC is a unique blend of contemporary architecture and urban planning with focus on modern day transit needs. At first glance, you'll think that this hip complex is just that--a new, architecturally appealing condo complex in South End Charlotte NC! This complex is a mix of flats, townhomes and live/work townhomes.  The lower level of the 4-level live/work townhomes, is zoned for commercial use, just for your office, hair salon--the possibilities are endless! There's plenty of parking for your visitors and you, of course, … Continue reading...

Posted in: Charlotte NC Home Buyers, Condos and Townhomes for sale in Charlotte NC, In the News, Search Charlotte Neighborhoods, The Latest on All Things Real Estate - Charlotte NC Tagged: Charlotte NC Buyers, Charlotte NC Condo For Sale, Relocate to Charlotte NC

Charlotte Economic Update

So, you think our Charlotte NC economy is a bust? Well, guess again! What's new with Charlotte's economy? MORE business and industry expansion, meaning MORE JOBS! Both individuals and companies alike, are attracted to the thriving Charlotte metro region. Charlotte continues to grow both economically and commercially and has all the advantages of one of the most rapidly growing metro areas in the Nation. Our residents are warm and friendly and many areas still retain that small-town flavor with the conveniences of a 'big city!' Here are a few recent additions to Charlotte's businesses and … Continue reading...

Posted in: Charlotte Featured Real Estate Articles, In the News, The Latest on All Things Real Estate - Charlotte NC Tagged: Charlotte NC Economics, Charlotte NC News, Relocate to Charlotte NC

Charlotte NC Facts and Figures – 2010 Recap

Charlotte NC Facts and Figures - 2010 Recap Charlotte NC Facts... Charlotte's cost of living is below the national average City, County and State AAA bond ratings Charlotte Douglas International Airport averages 587 airline flights daily $16 billion in annual retail sales 1st most popular move destination 1st America's most livable communities 1st economic strength ranking 2nd largest banking center (controls over $2 trillion in assets) 2nd best city for entrepreneurs 3rd best city for corporate headquarters 3rd best city for business 4th best city for relocating … Continue reading...

Posted in: Charlotte NC Home Buyers, Charlotte NC Home Sellers, Charlotte NC News, Charlotte Relocation, In the News Tagged: Charlotte Home Buyers, Charlotte NC Sellers, Relocate to Charlotte NC, Search Charlotte Homes for Sale, Search Charlotte Neighborhoods

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