Uptown Charlotte NC Real Estate Market Report OCT 2011

Charlotte Real Estate Update

What's the Real Estate Market in Uptown NC Doing These Days?   Uptown Charlotte NC, with homes in the 28202 zip code, is primarily comprised of condos as the vertical boom of the late early 2000's flooded the market with mid-rise and high-rise buildings in both affordable and luxury ranges.  The market was very quickly absorbed, in fact, the envy of most other larger metropolitan areas.  As the market begin to soften in 2008, Uptown condos were some of the hardest hit by the change in the economy, plummeting in values, leaving many Uptown Charlotte homeowners with critical financial … Continue reading...

Nice New Price on Luxury Home in Marvin Creek

Best real estate deal in South Charlotte

Just When You Thought It Couldn't Get Any Better! Stunning estate home in highly sought after Marvin Creek neighborhood with top ranked Marvin Creek schools is just what you’re looking for in a custom, luxury home in South Charlotte.  The winding, dual staircases and soaring ceiling in the foyer beckon you into this one-of-a-kind Marvin Creek home.  The oversized formals and bedrooms and oh, the appointments!  Outdoor living at its finest and room for two residences in this home--includes two full kitchens and a basement that has been finished like no other luxury home in the area. And, just … Continue reading...

Charlotte Home Buyers Guide Step 10 – It’s Time to Nest

Charlotte Home Buyers Guide Step 10 - The Final Step, Nesting During the process, we would have reviewed available moving companies, listing opportunities for you, either locally or in your exit city, as well as the one-year home warranty to cover your new home.  (Details, details, details!)   Now that the Closing has taken place, the ‘nesting phase’ is about to begin!  You have your movers scheduled and you’re going to want to cover a couple of details now that you are now the proud owner of your new home: Confirm that all utilities have been transferred and are in working order. Most … Continue reading...

Charlotte Home Buyers Guide, Step 9 – The Walk-Through

Charlotte Home Buyer Tips - The Walk-Through

Walk-through Tips for Charlotte Home Buyers You and your real estate agent will schedule your walk-through with the sellers of your new Charlotte home.  It is best to do this the afternoon/evening before the Closing or the morning of Closing.  The sellers should have been advised to have all personal items removed from the home and the home broom-clean prior to the walk-through.  As well, the home should be in the same condition as when you originally viewed it, with the exception of the repairs made following the inspections.  If this is not the case, your agent will address this with the … Continue reading...

Charlotte Home Buyers Guide Step 8 – The Devil is In the Details

When buying a Charlotte home, attention to detail is imperative

Details, Details, Details--A VERY Important Part of the Home Buying Process! When buying a home in Charlotte, your real estate professional will guide you every step of the way.  While you are working on your mortgage details, hiring your mover and taking care of the packing and moving preparations, your agent and your lender will be hard at work preparing for your Closing date.  Here is a list of details that you will be aware of with regards to your new home purchase: Homeowners Insurance Hold Off On Your Spending Documents You Need for Your Home Purchase A few other important items, many … Continue reading...

The Maxwell House Group Real Estate Market Report and Weekly eNews (10/14/2011)

The Maxwell House Group Real Estate Observes October's Breast Cancer Awareness Month

Congratulations to Savvy Charlotte home buyers and sellers this week!  179 Closings were logged this past week and 317 single family homes and condos have gone into Escrow, showing a significant positive movement towards the real estate recovery, even with the below data from just the past week! SINGLE FAMILY HOMES CLOSED SALES DATA:  141 single family homes in the Charlotte proper market were Closed this week: List Price:  $214,341 Sales Price:  $194,580 Avg. List to Sales Price Ratio:  91% Avg. Heated Square Feet: 2,159 Price Per SF:   $90.13 Average Days on the Market:  110 PENDING DATA: … Continue reading...

Charlotte Home Buyers Guide Step 7 – The Home Inspections

Inspect your home before you sell AND before you buy

Charlotte Home Buyers Guide Step 7 - The Home Inspections, A Critical Step in the Process Home Inspections The home inspection is imperative when purchasing a home, whether you’re buying a re-sale, distressed or even new construction home in Charlotte NC.    A well-trained expert will inspect the home’s major systems with a typical general/mechanical home inspection, running approximately $300.00 and takes a few hours to complete, depending upon the size of the home.  The inspector evaluates the condition and functionality of items both inside and outside the home and includes areas such as … Continue reading...

Charlotte Home Buyers Guide, Step 6 – Finalizing Financing

Financing is a HUGE part of your Charlotte home purchase timeline

Charlotte Home Buyers Guide Step 6 – Obtaining Financing With the details addressed and your Charlotte home shopping is complete, it’s time to put your lender to work.  Now that you have a ratified Contract (your Offer is signed by both you and the Sellers and everything is  mutually agreed upon), you’ll embark on a rapid-flow timeline.  Financing must be addressed, first and foremost.  Simultaneously, your real estate agent will be scheduling your Closing and inspections, based upon your choice of attorneys and inspectors. If you’ve followed our recipe for a successful home purchase, … Continue reading...

Charlotte Home Buyers Guide, Part 5 – Making the Offer

Making an Offer on a Charlotte home for sale

Charlotte Home Buyers Guide, Step 5 – Making the Offer We’re down to the wire now!  You’ve narrowed down the details of your Charlotte home search, found your Realtor®, chosen your lender and now found your new Charlotte dream home.  What’s next?  Making an Offer on that property and negotiating with the seller.  Frankly, this is not exciting reading but, this is where your Realtor® is worth his or her weight in gold!  Ask questions with regards to the Offer and be certain that your agent has fully explained the terms of your Offer BEFORE presenting it to the other party. Your local Charlotte … Continue reading...

Charlotte Home Buyers Guide Part 4 | Let’s Go Home Shopping!

Search for Charlotte North Carolina real estate

Charlotte Home Buyers Guide Step 4 – Now, Let’s Go Shopping! After you've defined your goals pertaining to your Charlotte real estate purchase, you’ve  found a Charlotte Realtor® to get you through this process and located the lender that is right for you, it’s time to go shopping for Charlotte homes for sale! Keep in mind that you will want your OWN Realtor® to represent YOU for the job.  Also, this article should clear things up for you if you need help deciding which type of real estate professional (agent, broker, Realtor®) is right for the job. Once you have established your ‘bottom … Continue reading...