Charlotte NC Homes For Sale, Condos For Sale, Luxury Homes, Foreclosures
Jonathan Osman, REALTOR® Keller Williams Realty
The Zillow Zestimate has been a tool for homebuyers and sellers for years now to get an idea of what their home might be worth. For real estate professionals, nothing has caused more heartache and distress than the Zillow Zestimate as it can sometimes lead to unreasonably high or low values which some buyers and [...]
Our friend, Scott Lewis, of the Bald Man Group – Keller Williams Realty in Coue d’Alene Idaho shared this amazing video he produced regarding downsizing this current housing market. Most people believe that in a down market, you should buy a larger house to maximize the savings. Scott’s perspective: downsize into a smaller home, pay [...]
This week, real estate tax revaluation notices started landing in the mailboxes of Mecklenburgcounty real estate owners. Condo owners will get their notices in March 2011. Some homeowners are angry by the value placed by the county while the vast majority of property owners are confused. Here's a quick Q&A of the most frequently asked questions [...]
This week, real estate tax revaluation notices started landing in the mailboxes of Mecklenburgcounty real estate owners. Condo owners will get their notices in March 2011. Some homeowners are angry by the value placed by the county while the vast majority of property owners are confused. Here's a quick Q&A of the most frequently asked questions [...]
The Mecklenburg County Tax Assessor's office is set to release it's reassessed real estate tax value for every home in Mecklenburg County starting this month. Tax values were last set in 2003 in Mecklenburg and were delayed several times by the county commissioners "due to the economy." Now, with the county in financial crisis, there's [...]
Starting January 1, residential real estate sellers will have a new Offer to Purchase and Contract form that they need to understand and plan for. I recently posted a overview of the highlights in a post directed at home buyers, which is applicable to sellers as well. For those looking to sell their home [...]
As a logged in to Trulia.com today to update a few of my listings, I discovered that the back office looked a bit different. Along with the new layout was a button "MORE OPTIONS" which always peeks my curiosity. Inside the More Options button was "GENERATE QR CODE" another new feature that I had to [...]
In the latest compilation of data from the CMLS, the 3rd Quarter of 2010 posted the second highest average home sale prices over a seven year period for Mecklenburg county. Ending last month, sales from July 1 – September 30 had an average sales price of $242,104 – second only to 2007 when the average [...]
For the last week, you have probably gotten your fill of the "robo signature" fiasco where in states with a judicial foreclosure, a program was signing documents for the foreclosing lender. The question remains if a proper review was completed as a part of the review which led a number of lenders stalling foreclosures in [...]
I've been fortunate as a long time dog owner never to have had a flea problem ever. Regular applications of Frontline, a bathing regiment, and care has resulting in never having had an issue. Not so the case at one of my foreclosed listings where the tenants left me with the mother of all flea [...]
In my mailbox on Monday was an official-looking mailing that offered to restructure my loan and lower my payments by 50%. Because I simply can't help myself, I called the 1-877-823-8399 number in the mailing and it goes nowhere after hours. A good sign that this is a scam. The next day, I called back [...]
July 2010's miserable residential real estate sales have, once again, renewed fears of a double dip recession and more trouble ahead for the housing sector. In many parts of the country, the end of the $8,000 First Time Home Buyer Tax Credit at the end of April created a sales bubble that resulted in sales [...]
Today, it seems that there are more issues than ever that are arising that can cause a real estate transaction to melt down just before closing. For buyers, most mortgage companies have now started running the buyer's credit just prior to close to look for additional purchases and some have even performed last minute employment [...]
MY FIRST SALE, the popular primetime HGTV show, is looking for first-time home sellers (and their real estate agents!) in the Charlotte NC area. We are looking for fun, high-energy people who are just starting the process of selling their first place! Our cameras will be there to capture all the trials and tribulations, stress [...]
Tonight on the John Hancock show, Jon Wilson and I started talking about the various programs available to help struggling homeowners make their mortgage payments. Here's a rundown of those programs and others: HUD Emergency Homeowners Loan Program Cost: $1 Billlion Amount: $50,000 Starts: September, 2010 Details: Homeowners late on their mortgage payments – but [...]
Uptown Charlotte Real Estate Update For sales from 7/1/2010 – 7/31/2010 Includes Single Family, Condo, and Townhouses Following the end of the first time home buyer tax credit, home sales in Charlotte's Uptown / Center City fell 43.7% from the year prior as only 9 residential properties reported as closed through the CMLS. Compared to [...]
A couple of days ago, I posted about a program headed to North Carolina through the North Carolina Housing Finance Agency, to help make mortgage payments to struggling homeowners facing foreclosure. Well, the good news is that you no longer have to be out of work or have a hardship to get the government to [...]
This week, North and South Carolina became two of five states to receive a second round of TARP funds allocated to the fund their Housing Finance Agencies. North Carolina is receiving $159 million while South Carolina is receiving $138 million. According to an August 4th press release from the North Carolina Housing Finance Agency, the [...]
Just a quick disclosure: This data was compiled on 8/4/2010 at 11:00am EST. Twelve more sales have been posted as of 5:30pm however most of the overall sales picture will not change that much. This represents single family and condo / townhouse sales in Charlotte North Carolina from 7/1/2010 – 7/31/2010. Detailed neighborhood breakouts of this [...]
At the start of the whole "mortgage meltdown", Congress and the government reacted with all the deft of a bull in a china shop by eliminating programs like FHA Seller-Financed Down payment Assistance. Prior to 2008, FHA borrowers could ask the seller to pay 3% towards closing costs and an additional 3% towards the buyer's [...]
Charlotte - Southpark
2115 Rexford Road
Suite 102
Charlotte, NC 28211
Recent Comments