Any time supply is higher than demand, businesses start looking for a way to set themselves apart from the competition. Are you looking for similar houses, similar neighborhoods – or is the competition nationwide? By paying attention to homes that are selling nationwide, you can find out a lot about what buyers want, especially since Charlotte NC attracts buyers from all across the nation. If you have a Charlotte NC home for sale, you’re probably doing the same thing. What is the competition like, though? If your Charlotte NC home for sale is in a place similar to other areas from which … Continue reading...
Charlotte NC Historic MYERS PARK – The Duke Mansion
Colonial Revival architecture in North Carolina is exemplified in Charlotte's historic Myers Park. Built in 1915, the Duke Mansion is listed on the National Register of Historic Places and is simply a sight to behold. Many of our most elite social leaders have called Charlotte NC Myers Park- The Duke Mansion home and have contributed significantly to Charlotte's rich history. Southern Public Utilities' former president, Zebulon V. Taylor built 'Lynnwood' on 14 acres in Myers Park and called it home for four years. James B. Duke, founder of Duke Energy (formerly Southern Public Utilities) … Continue reading...
Are You Up for Selling Your OWN Real Estate?
As I’m sure you are aware, the real estate industry is experiencing one of its worst down markets in history—at least locally it is. The last thing you want to do is pay commission to a real estate agent, right? Not to mention the fact that you’re nearly positive you can sell your own home just fine without having had any experience in doing so—it’s EASY! Before sticking a “For Sale by Owner” sign up, however, you’ll need to make sure that you’re ready for the work and headaches entailed in doing so. Time. Yes, you absolutely can sell your real estate on your own without the help of an … Continue reading...
Questions and answers regarding short sales in Charlotte NC
Short Sale Q & A - This Process is Taking TOO Long, What is a Buyer to Do? From a short sale buyer: Q - I have had a purchase agreement on a short sale property since August 14th of 2009 and I still haven't received an answer from the bank. They keep telling us we will have an answer in approximately 1 week; then a month will go by and we still hear nothing. What can I do to help move this process along as the purchaser? A -First of all, you are incredibly patient! There are several things that could be wrong here but, unfortunately, you have no control of the situation--no way to … Continue reading...
Looking for Condos in the Charlotte NC Myers Park Area?
You couldn’t have selected a more beautiful area in the city to live! This is one of the most historic neighborhoods and is located close to everything Charlotte–restaurants, sports complexes, the city’s best shopping, the southeast’s largest major medical center, arts and entertainment. If you’re working in the Uptown Charlotte or the Charlotte NC SouthPark area, your days will be longer because your commute will be incredibly short! Enjoy a morning jog or walk along the Queens Road loop or visit the local Starbuck’s for coffee on your dash into Uptown! Take your lunch breaks and shop in … Continue reading...
Charlotte NC’s LYNX Light Rail System
Charlotte NC’s LYNX Light Rail System In keeping with Charlotte's cat theme (Carolina Panthers, Charlotte Bobcats, CATS [Charlotte Area Transit System]), the light rail, LYNX has become our new favorite means of transportation in the city! Connectivity is key (hence the name, LYNX) in getting the city's south end transported into the city during rush hours. Charlotte Area Transit System (CATS) In November, 2007, the Charlotte Area Transit System (CATS) began operation of the 9.6-mile LYNX Blue Line light rail, after having been under construction since February, 2005. The LYNX fleet … Continue reading...
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...
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...
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...
Charlotte NC Live/Work Communities – 3030 South
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...