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FOR ALL AGENTS WORKING ON FORECLOSURES OR SHORT SALES If you are working with a buyer who is going to purchase a foreclosure or a short sale, remember to read every addendum. I just ran into one the other day that said that the seller (the bank) can unconditionally require the buyer to pay any and all taxes, water or utilities. ** This means your buyer may be responsible for paying any back taxes with regard to this house. This is another reason we advise that if your client is thinking of pu... Read Full Post

First lets start with some good news! - Charlotte ranked No. 7 on a list of the top 10 markets for real estate investing based on HomeVestors report! In ascending order, the top markets are: 10.) Chicago and Kansas City 9.) Milwaukee 8.) St. Louis 7.) Charlotte 6.) San Antonio 5.) Fort Worth 4.) Denver 3.) Atlanta 2.) Houston Drum roll please... 1.) Dallas Now this is probably all to to a report according to RealtyTrac Inc., that says North Carolina foreclosure market has risen 78% in June, c... Read Full Post

Here is a list of some things you should do and know before you buy that foreclosure! 1.) When was the foreclosure process started? Get a copy of the foreclosure notice or NOD - Notice of Default. 2.) Know the "Chain of Title", also see the deed with the current home owners names 3.) Last recorded first mortgage, so you know how much the current home owner owes. 4.) Make sure you know all the types of Leins on the home. Go to the "Land Records" office and pay a para-legal to look all this up ... Read Full Post

Charlotte Real Estate gets a little Greener! Just think, instead of going out for a picnic at lunch, if you work at the Federal Reserve Bank (of Richmond) in Charlotte at the corner of Trade and Caldwell street, you will be heading to the roof! The $1.87 million renovation project has been in the making since mid 2006, when the Feds discovered severe deterioration in the seems of the roof. Both traditional and envionmental roof repair were bid out. But the higher cost was justifed because of ... Read Full Post

Indian Trail, NC It appears the town of Indian Trail, NC of Union County is cleaning up it's act! The town has issued housing standard ordinance, that will rid the town of run down homes! Previously it could only enforce regulations based on sanitation and health violations. The new ordinance deals with two types of violations, deteriorating and dilapidated homes. The difference is a deteriorating home is defined as a dwelling deemed unfit for habitation that can be repaired for no more than ... Read Full Post

Luxury Charlotte Living Maybe you finally landed that job netting you six figures a year or perhaps you just want to see how the other half lives. Either way, it can be fun to check out some of the more ritzy neighborhoods in your home town. Who knows, maybe you’ll find a rich old woman selling her house for well below market value. Probably not, but it doesn’t hurt to look. Charlotte, North Carolina is home to a number of different neighborhoods and subdivisions, many of which are of the... Read Full Post

If you are a fan of history you will find Charlotte NC tremendously interesting because so many of the homes and buildings have foundations in the early 1900’s. Several of the neighborhoods are filled with houses—mansions really—that were constructed over a hundred years ago and have been declared historical sites and preserved in their original state. You may not be able to buy one of these homes, but you may find interest in the homes for sale around them. Meyers Park is one of the ol... Read Full Post

I am not taking credit for this, I saw it on the REW Forum, but wanted to have a handy place to remember it. The post in the forum gives credit to a local Homes and Land magazine and/or Mike Diemer. I just wanted to have a quick and handy place to review all the stuff I do! "Here is a list of nearly 200 typical actions, research steps, procedures, processes and review stages undertaken in a successful residential real estate transaction that are normally provides by a FULL SERVICE REALTOR® a... Read Full Post

Charlotte Real Estate :: Buying a house can be intimidating, particularly if it is your first home or your first one in a new area. It can be easier to keep renting because it requires much less paperwork, possibly less money up front and of course a smaller commitment. However, there are many reasons to purchase a home anywhere, and even more to purchase one in Charlotte, North Carolina. So many homes in literally hundreds of neighborhoods in Charlotte make it an excellent residential choice... Read Full Post

Weddington Chase is a John Weiland Homes Community. There are over 300 homes in this established upscale subdivision located at the corner of Providence Rd. and New Towne Road. There are many amenities... Pool, Clubhouse, Tennis Courts, Basketball Courts, Volleyball court, kids play set and walking trails. As of this posting, 11/16/2007, their are 23 active homes for sale, with 1 more home pending sale. As of 1/1/2007 to 7/20/2007 there have been 6 homes that have SOLD. With a low of $585,000... Read Full Post