Chalotte Real Estate Quality of Life

It is fall surrounding Charlotte NC Real Estate and we are experiencing our leaves changing. The weather in Charlotte North Carolina creates and ideal setting for your new home. Consider your current home and contrast that to Charlotte.

Today it will be sunny and highs in the 70's. That is our idea of fall. Yes, our grass is still growing as our leaves are changing colors. Peak colors were in the Asheville area this past weekend since it is in a higher elevation. This is the life style for Charlotte Real Estate.

Learn more about Charlotte NC Homes for Sale and visit Charlotte North Carolina for the fall; you will be packing your belongings as soon as you return home.

Charlotte Short Sales - Charlotte Foreclosures

There has been a new stumbling block recently encountered for the purchase of Charlotte Foreclosures and Charlotte Short Sales. As with any obstacle, they are often the byproduct of recent/past troubles. Many lenders are now requiring a preapproval from a direct lender and not a Mortgage Broker. I understand this to a degree but I recently lost a Charlotte Foreclosure Property because my buyer could not get a lender letter soon enough.

My new rule is to require each buyer to speak to a national lender to obtain the pre-approval beforehand. I like my Mortgage brokers and they rarely let me down. The problem is that the Bank does not know the credibility with each Mortgage Broker and they want to assure the Charlotte NC Foreclosure makes it to cosing and the buyer can actually get the loan. I have no doubt there are those out there with dubious ethics and "stating" that the person is approved but in reality did not really check thoroughly.

Charlotte Foreclosures and Charlotte Short Sales are in big demand and you better be ready when seeking a discounted property. The discount is based on a smooth transaction and a prepared buyer. Give me a call and I will help you gt ready and then find ideal Charlotte NC Homes for Sale.

Charlotte Real Estate - Mortgage Rates

Most people know that the first time home buyers credit of $8,000 is about to expire November 30th but do you realize that the mortgage rates are also likely to be heading upward soon? No I am not a mortgage broker but I also need to understand the mortgage side of the business.

The Federal Government has pumped over 3/4 of a trillion dollars into the real estate securities and Treasuries to superficially keep interest rates low. The federal program guaranteed funding for over a trillion dollars but is also due to expire by years end. This will result in increased interest rates and home owners having that much more trouble financing. The time to buy is now while the mortgage interest rates remain low.

Visit Charlotte Real Estate - Charlotte NC Homes for Sale today and Begin your home search. The market is still down along with the interest rates. Timing like this does come around too often in a life time. He who succeeds trusted his instincts and reacted in time.

First Time Home Buyer $8,000 Tax Credit

The time is drawing to an end for first time home buyers to purchase a Charlotte Home and receive the $8,000 federal tax credit. There is currently a rush to purchase to make these purchases since the tax credit expires on November 30th, 2009. This means that you must actually be in your home by the end of November. Keep in mind that a Charlotte Real Estate closing takes about 30 days from the signed contract to actually closing on the home. This is if everything with the loan progresses without a hitch and it also depends on the lender. Many large banks process things more slowly and it would be wise to have your new Charlotte Property selected by the middle of October.

Your Charlotte home search may also take you longer than you anticipated. Keep in mind that the deepest discounts are bank owned homes and Charlotte Short Sales and these can take several additional weeks. As multiple offers are received on most of the Charlotte Foreclosure homes, you are losing valuable time while you wait.

Charlotte Foreclosures offer many benefits; there is risk but also great potential rewards. Visit Charlotte Real Estate - Charlotte NC Homes for Sale to begin your Charlotte Home search and Charlotte Foreclosures to learn more about Charlotte Bank owned homes, Charlotte Foreclosures and so much more.

Charlotte Investment Property Opportunities

There has never been a better time to purchase Charlotte Real Estate. It is incredible to see the opportunity within Charlotte Homes for Sale based on the current fiscal challenges. As lenders continue to constrain cash flow many are poised for opportunity!

There are many custom homes that are brand new and have been on the market for several years. Charlotte Real Estate still has the same strong demand it is just now the buyers are not able to sell their out-of-state homes. Do you still smell housing opportunities?

The time to take advantage is before the economy picks up and when the real estate market is at its slowest. Call today for help finding that ideal home or visit Charlotte Real Estate - Charlotte NC Homes for Sale to learn about the greater Charlotte area and the Charlotte Suburbs.

Charlotte Homes for Sale

Charlotte Real Estate continues to flourish as many people are taking advantage of the low interest rates and the Federal Tax credit that is in effect for first time home owners. There are many great deals out there that Charlotte NC Real Estate has not experienced before. Where are the deals and what is really a deal?

That is the question each home buyer should ask. Is a deal 50% off on a property that sold 2 years ago? Did you think of asking why did this home lose so much value over such a short time period? Is this area going to increase in value or is it still declining?

Now let's get back to Charlotte. There are very few places in Charlotte that you can get a home this cheap. You may hear stories but they are simply stories. First you would ask yourself if the value was really $100,000 why would the seller "give me" $50,000? Does he/she really like me that much? Hmmm?

There is always a reason. If a home has lost that much value there is a reason. Was the neighborhood that overinflated to begin with? If a home is selling for less than it would cost to build the home then that should generate a huge flag.

Charlotte Real Estate market value is the result of several factors. The best indicator and a large factor are the purchasing demands of the locals. By using the term "locals" I mean a person who has resided in Charlotte for a few years. A local has typically experienced a good deal of the greater Charlotte area and knows what areas they prefer. Their personal desire (supply and demand) establishes the price. An area that has only a local market can be assured of "true" market value.

Now let's add a wrench into the formula. First are Charlotte Home Buyers that are relocating. A Charlotte Relocation buyer is an a difficult predicament. When you first move you would like your family to be stable and happy. You do not want your children to have a bad experience with schools or friends. Nor do you want your child developing friendships only to relocate to another home the following year.

These families have the best intentions for their new Charlotte Homes but have trouble discerning each area. There are many confusing resources and people speaking half truths. I help filter through the information so that you can compare areas based on your own personal situation. Children are too valuable to risk!

Everyone wants their child to "fit in" with their new Charlotte school and Charlotte Neighborhood. Consider the local grocery store for a snap shot of your new home. Is this your comfort zone? How about the schools? What website do you believe? Are you really comparing "apples to apples"? School awards, test scores, SAT scores and school websites are confusing and makes it difficult to determine which way is up.

I help balance these concerns. I am very familiar with the public websites and can assist with simplifying the task in front of you. Visit my Charlotte Real Estate website and gain insight into our schools, our suburbs and great Charlotte NC Homes for Sale.

First Time Home Buyers Receive $8,000 Tax Refund!

There has never been a better time for first time home buyers to own their own Charlotte NC home. Interest rates are at historical lows which makes a HUGE difference in your Charlotte house payment and the size of home you can realistically afford.

Now add Charlotte foreclosures into the equation. I do not recommend a foreclosure to the first time home owner unless you are financially prepared for the cost of repairs. BUT what the Charlotte foreclosures have down is suppress the market! This means that the "normal" home appreciation has been placed on hold. Homes are not appreciating because of the downward pressure placed by foreclosures. Basic housing economics dictate that when a surplus of homes are on the market, the values will fall. The foreclosures are "unexpected sales" which are saturating the markets. This prevents great Charlotte Homes from feeling their true values.

Finally the Federal Government is providing an $8,000 tax credit for first time home buyers. There are rules to prevent manipulation of this credit. You can not have owned a home within 3 years (including your spouse with joint tax returns). The $8,000 tax credit is an actual $8,000 Federal Tax Refund when you send in your taxes! This basically means you can basically live for free for the first year!

In order to qualify for the full $8,000 your home must cost at least $80,000. This is easy within Charlotte NC Homes For Sale since the vast majority of our homes exceed this amount. IF you purchase a less expensive Charlotte Home then the amount is prorated based on the value of the home.

This is a win/win for the first time home buyer. With an FHA loan you will only need a 3 to 3.5% down payment. When taxes come due you can now deduct the mortgage interest, the property taxes and then the first year you get the additional $8,000!

Call me today and let's explore your options! I do not want you to buy more home than you need nor more home than you can afford. Visit Charlotte Real Estate for more great information about Charlotte NC Homes for Sale and the Charlotte Suburbs.

Charlotte Neighborhoods

Southwest Charlotte Real Estate continues to grow and the Charlotte neighborhoods continue to evolve. The Charlotte Schools must continually update the school zones to accommodate the Charlotte population growth. One change for he upcoming year is the new Dixie River Rd Elementary school to open by the Berewick subdivision. In addition to the new elementary school the Berewick subdivision has been assigned to Olympic High School. The opening of the elementary school is just the beginning of the growth in the area. The commercial development of the greater Berewick community is still under way and this will simply further amplify the appeal of this prestigious Charlotte neighborhood. One of the great things of Berewick is the proximity to Lake Wylie. No Berewick is not on Lake Wylie but Lake Wylie parks and recreation is only minutes away!

Visit Homes in Southwest Charlotte Real Estate and you will be struck by the growth and know the future of Southwest Charlotte will be positive! Visit Charlotte NC Homes For Sale to learn more about the greater Charlotte Real Estate community.

Buy Real Estate now of donate your income to the Government!

The new administration is in full swing and as the budget details are revealed many will need to rethink their financial plans. It is no longer of value to have stock investments. This is not necessarily to the decline but due to the taxation rates if you are successful.

The wise money will be purchasing real estate. It is time to liquidate taxable income, acquire assets and minimize expenses. It is time to purchase your dream home or your retirement home today! Big money sees what ahead and you need to secure your assets.

There are many options within Charlotte Real Estate that will fulfill your needs. We have golf course communities, Country Clubs, Lake Front Properties and much more. Regardless of your desired home we are sure to have it here.

Visit Charlotte NC soon and buy now while you still have the liquid assets to do so. The wise stay ahead of the curve. The greatest benefit is the price stability of Charlotte NC Homes For Sale. Yes Charlotte has been impacted by the severe national real estate down turn but is still the safest bet in the nation.

Visit Charlotte Realty and learn about all of the great potential today!

Charlotte Neighborhoods - Homes in Ardrey

Ardrey is a premier neighborhood within South Charlotte Real Estate that offers a community like no other. Ardrey homes are built by the Cunane Group and provide a Charleston Style home. These homes are rich with character including 3 story porches, ceiling fans on your porches and each home has its own sense of self. The exterior finishes of the homes are a soft pastel and this provides a very warm and open atmosphere. The vast majority of the garages are around back to keep the front view of your home appealing (nothing worse than a huge garage with a home attached).

The size of the homes will deceive you. They are much larger than you would think. The homes are constructed with the master bedroom on the main floor. The majority of the homes are 2 story but there are many that also have a 3rd floor. The kitchens are open with all of the upgrades you have come to expect. These include the granite counters, tile back splash, hardwoods or ceramic tile and custom cabinets.

The neighborhood is close to the new Elon Elementary School and Ardrey Kell High School. The prices range from the low $400's to $600,000. This is a neighborhood that will make you smile every time you come home and a delight for company. There are several parks and a community poos to further enhance the family atmosphere. If you are seeking a home with character and warmth, you have arrived. Call me today to view some of these fine Charlotte NC Homes for Sale and learn about our thrilling communities,

Visit Charlotte NC Homes For Sale and discover the great Charlotte Real Estate market.

Fort Mill Real Estate Lancaster SC Homes For Sale

Fort Mill SC Real Estate is conveniently located less than 10 miles from uptown Charlotte. Fort Mill has some of the best academic scores in all of SC and provides a great environment for a family relocating. Did you know about Lancaster SC?

Homes in Lancaster are experiencing explosive growth. Lancaster County is just south of the prestigious Ballantyne area in Charlotte North Carolina. The affluence is spilling over into SC in a tidal wave!

The portion of Lancaster County that borders Charlotte is technically "Indian Land". This community is flourishing as can be seen as you drive south on Johnston rd (US 521) off of I-485 in south Charlotte. The area confuses many people because this portion of Lancaster County is Indian Land but the mailing address is still Fort Mill SC. Fort Mill and Fort Mill schools are in York County South Carolina. This portion of Lancaster County will attend Indian Land Schools. The Fort Mill Post Office is what services the area for your mail. This is why you will have a Fort Mill mailing address but ultimately you are in Lancaster County.

Indian Land is thriving and destined for growth. The new Lowes home improvement store is under construction, the new Harris Teeter is due to open outside of Sun City, the new Wendy's just opened and so did the CVS. A Kohls and Walmart are also being planned. This area will have all of the conveniences of South Charlotte and still the tax structure of South Carolina. As previously shared, the property taxes in SC are almost half of the property taxes in NC. I realize f0r those of you moving from other ridiculously taxed states that the difference between $3000 a year and $1500 is not that big of a deal but I am sure many of you would rather spend the extra $100 plus a month somewhere else.

If you are relocating to the greater Charlotte area then you should also look into Lancaster SC as a great place to call home. Learn more about great Charlotte NC Homes For Sale by visiting my website or just give me a call.

Charlotte NC Homes For Sale and the Illusive Home Equity

Many people are searching for a great Charlotte home with lots of equity. First we must understand more about "real home equity" as opposed to "theoretical home equity".

Real home equity is when your home is worth more than you owe. The difference is your home equity. Now what is your home really worth. The market value of your home is worth what a normal person is willing to pay at any given time.

If someone was willing to pay $500,000 two years ago but you owed $300,000 then "IF" you would have sold it then you would have had $200,000 in equity. Let's say now you can only sell the home for $325,000. Your home equity is now only $25,000. If the owner is selling now trying to sell it for $400,000 and states he is "giving you" $100,000 in instant equity, what are you really getting.

You do not buy homes base on the price it sold for at the peak. Consider this like you would purchasing stock in coca cola. Would you be willing to purchase the stock above the current value if the stock was once priced twice of what it is today? No you would not (if you would I have some stock for you to buy).

You purchase a home at today's market value. If you purchase a home that is discounted, you have just reestablished a lower market value for the community. Yes the prices will likely rise in the future and in a few years the purchase "may" have proved to be wise. If you are purchasing a home in a declining neighborhood, is it really at the bottom? There are many factors to consider.

If you would like to share ideas or learn more about the greater Charlotte Real Estate market then visit my website or pick a phone and give me a call @704.770.6559. I can assist you with your Charlotte Real Estate Investment.