Many people listen to the media and feel that no one can receive a home mortgage. Please allow your intelligence to be your guide. The media is a medium for distortion and sensationalism.
Contact a mortgage professional and pursue your options. Yes, high risk loans were a foolish creation dictated by our Government. This created a national financial crisis. Mortgage companies, banks and lenders are now making loans that are minimal risk. In reality this is what banks have done since banks began providing mortgages.
Banks are not mints. They are guardians of our combined savings and are supposed to be intelligent stewards of our life savings. They assess risk and intelligently lend out our money and provide us a modest return. They are merely the middle man managing our money. The Government, via the Community Reinvestment Act told the banks to ignore their stewardship responsibilities and that the Federal Government would guarantee the high risk loans. The legislators foolishly are not intelligent enough to understand financial risk and thus the Government created the crisis.
Banks are still making loans but they are requiring sound financial fundamentals. This is the way it is supposed to be. Banks understand that too much debt will ultimately lead to a personal financial crisis.
I have worked with several lenders lately and they are in fact still making loans. Call me today at 704.770.6559 and I can help you contact lenders that are reputable and will help you all along the way to purchasing your new home.
Visit Charlotte NC Homes For Sale Charlotte Real Estate for additional information of our great real estate opportunities.
Saturday, December 27, 2008
Wednesday, December 10, 2008
Charlotte NC Homes For Sale
The Monday night football game has placed the spotlight upon Charlotte Real Estate. Many visitors were surprised and impressed with the quality of life that uptown Charlotte homes have to offer. Uptown Charlotte has man condos for sale in various price ranges. This provides the ultimate in urban life style.
In addition to the condos, many are surprised to find so many of the surrounding neighborhoods with so much potential. Charlotte has many small brick ranch homes within a few miles of center city that have been rentals for many decades. These neighborhoods are ideal for revitalization. many of these communities have already experienced the transformation such as The Arts District AKA NODA, Chantilly, Elizabeth and Dilworth. There are several other neighborhoods with the same potential and just waiting for the next entrepreneurs to apply their magic.
To learn more about Charlotte Homes For Sale visit my website and give me a call at 704.770.6559 today. Your future awaits!
In addition to the condos, many are surprised to find so many of the surrounding neighborhoods with so much potential. Charlotte has many small brick ranch homes within a few miles of center city that have been rentals for many decades. These neighborhoods are ideal for revitalization. many of these communities have already experienced the transformation such as The Arts District AKA NODA, Chantilly, Elizabeth and Dilworth. There are several other neighborhoods with the same potential and just waiting for the next entrepreneurs to apply their magic.
To learn more about Charlotte Homes For Sale visit my website and give me a call at 704.770.6559 today. Your future awaits!
Sunday, November 23, 2008
Tega Cay Real Estate
Tega Cay is a fantastic city in South Carolina that is only minutes from Charlotte NC Real Estate. Tega Cay began as a subdivision in the 70's with a unique concept. Tega Cay is built on a peninsula of Lake Wylie and the architecture resembled the Polynesian islands. You will find delightful Tega Cay Homes for Sale to have a contemporary resort feel. There is the 27 hole golf course and driving range, the public country club, tennis courts, several parks, a beach, many ball fields and a marina.
There are many positive features with Tega Cay but one great feature is the diversity of Real Estate. There are multimillion dollar homes with breathtaking water views and many small older homes that are still priced less than $200,000. This is an outdoor community and you will enjoy the walking trails all year round.
Tega Cay eventually out grew the Peninsula and now Tega Cay Real Estate includes area beyond the initial subdivision parameters. These home and subdivisions are newer with a wide variety of options.
How about property taxes and HOA dues. Residents living within Tega Cay are exempt from HOA dues since all of the amenities are/were included within the initial subdivision. Tega Cay and South Carolina Property Taxes are also very reasonable due to the recent change in South Carolina School funding. The South Carolina schools are funded via the lottery and the sales tax. This is a large benefit to home owners and balances out the school funding responsibilities. In addition South Carolina provides a tax benefits to home owners. Investors will pay higher property taxes on their homes. This provides a disincentive for investors and further enhances the value of your Tega Cay Real Estate.
How about the schools? Tega Cay attends the Fort Mill Schools which have some of the highest academics in all of South Carolina. Tega Cay was actually a subdivision within Fort Mill Real Estate prior to the subdivision becoming its own city. You will be pleased with your Tega Cay home and enjoy the resort life style.
There are many positive features with Tega Cay but one great feature is the diversity of Real Estate. There are multimillion dollar homes with breathtaking water views and many small older homes that are still priced less than $200,000. This is an outdoor community and you will enjoy the walking trails all year round.
Tega Cay eventually out grew the Peninsula and now Tega Cay Real Estate includes area beyond the initial subdivision parameters. These home and subdivisions are newer with a wide variety of options.
How about property taxes and HOA dues. Residents living within Tega Cay are exempt from HOA dues since all of the amenities are/were included within the initial subdivision. Tega Cay and South Carolina Property Taxes are also very reasonable due to the recent change in South Carolina School funding. The South Carolina schools are funded via the lottery and the sales tax. This is a large benefit to home owners and balances out the school funding responsibilities. In addition South Carolina provides a tax benefits to home owners. Investors will pay higher property taxes on their homes. This provides a disincentive for investors and further enhances the value of your Tega Cay Real Estate.
How about the schools? Tega Cay attends the Fort Mill Schools which have some of the highest academics in all of South Carolina. Tega Cay was actually a subdivision within Fort Mill Real Estate prior to the subdivision becoming its own city. You will be pleased with your Tega Cay home and enjoy the resort life style.
Sunday, November 09, 2008
Charlotte Real Estate For Sale
What is the state of Charlotte Real Estate investments and how is the market activity? Wachovia created quite a scare but fortunately Wells Fargo will be ideal for the greater Charlotte market.
We also continue to see the Kannapolis Bio Tech Research park expand its operations and this will continue t support the North Charlotte market including Cabarrus County, Concord and Kannapolis Real Estate.
South Carolina continues to grow as the infrastructure expands to support the ever growing demand. Take a drive down Hwy 521 from Ballantyne Homes for Sale and you will readily see what I am referring.
The real estate market has definitely slowed from 2 years ago but the prices remain stable. Homes merely stay on the market longer. Charlotte home owners are not ready to give away their homes. Yes, our demand comes from all across this great nation and the demand is still there. The difficulty remains with current home owners being unable to sell there homes so that they can come and enjoy Charlotte.
Ultimately the people will sell their homes and we will welcome them to our community. Charlotte remains strong and we continue to diversify our economy. Visit Charlotte Real Estate for additional information on all f our great areas to call home.
We also continue to see the Kannapolis Bio Tech Research park expand its operations and this will continue t support the North Charlotte market including Cabarrus County, Concord and Kannapolis Real Estate.
South Carolina continues to grow as the infrastructure expands to support the ever growing demand. Take a drive down Hwy 521 from Ballantyne Homes for Sale and you will readily see what I am referring.
The real estate market has definitely slowed from 2 years ago but the prices remain stable. Homes merely stay on the market longer. Charlotte home owners are not ready to give away their homes. Yes, our demand comes from all across this great nation and the demand is still there. The difficulty remains with current home owners being unable to sell there homes so that they can come and enjoy Charlotte.
Ultimately the people will sell their homes and we will welcome them to our community. Charlotte remains strong and we continue to diversify our economy. Visit Charlotte Real Estate for additional information on all f our great areas to call home.
Wednesday, October 22, 2008
Charlotte Suburbs
Many people are interested in the growth all around Charlotte and seeking their ideal opportunity. Kannapolis NC Real Estate needs to be a consideration. Kannapolis was a quaint mill town until 2003 when the Pillowtex factory officially went out of business. Since then a complete transformation has taken place to this little town. Kannapolis is located northeast of Charlotte and about a 30 minute drive to uptown. Kannapolis is in Cabarrus County and now is the bio technology headquarters! Dole foods has teamed up with several universities to establish the bio tech center in Kannapolis. The grand opening of the first research center was this week in addition to the latest member to join in, Pepsico! It is incredible to see the continued growth in this area despite the current world economic situation.
If you want to be on the cutting edge of development and bio technology, Homes in Kannapolis is here for you! Learn more about greater Charlotte Real Estate and Charlotte Suburbs and make your move. 2009 is going to be a great year!
If you want to be on the cutting edge of development and bio technology, Homes in Kannapolis is here for you! Learn more about greater Charlotte Real Estate and Charlotte Suburbs and make your move. 2009 is going to be a great year!
Friday, October 17, 2008
Charlotte Relocation and Schools
A huge factor to consider when relocating is the school. You must keep in mind that Charlotte is a growing market. This means the schools have a constant influx of students with a wide variety of education levels. This creates a challenge for t he teacher to get everyone up to the same standard.
What Charlotte Relocation factors should you consider. If you are considering a new home it is likely in an area of Charlotte Real Estate that is still developing. The students will be from all across the nation and it will be quite a challenge to establish the "school norms". The good side of this is that all of the kids are new and more open to creating new friendships.
If you look into a preexisting home or a more developed area, then the schools have been established and the classroom structure will be more standardized. The downside is that the children have already created networks of friends and your child may not fit in all the way for a short period of time. Yes it will vary on the student.
These are just a few of the factors to consider for Charlotte Real Estate. Visit http://www.findmycarolinahome.com for additional information of the greater Charlotte area or call me directly @ 704.770.6559.
What Charlotte Relocation factors should you consider. If you are considering a new home it is likely in an area of Charlotte Real Estate that is still developing. The students will be from all across the nation and it will be quite a challenge to establish the "school norms". The good side of this is that all of the kids are new and more open to creating new friendships.
If you look into a preexisting home or a more developed area, then the schools have been established and the classroom structure will be more standardized. The downside is that the children have already created networks of friends and your child may not fit in all the way for a short period of time. Yes it will vary on the student.
These are just a few of the factors to consider for Charlotte Real Estate. Visit http://www.findmycarolinahome.com for additional information of the greater Charlotte area or call me directly @ 704.770.6559.
Thursday, October 02, 2008
Charlotte Real Estate Market Update
The greater Charlotte Real Estate market remains extremely healthy and strong! What? How do you come to that conclusion? It takes an understanding of Charlotte Real Estate and the property opportunities are clear.
The latest report says Charlotte Real Estate depreciated a little over 1% during the past 12 months. That does not sound tragic but this does not make a good real estate investment. Let's break down the Charlotte Real Estate market and then you decide.
Charlotte is a new city and many of the home sales are new homes in new Charlotte neighborhoods. What happened when the government provided home owners with high risk loans? There was a rush of new home buyers that were not ready to be home owners. Many of these people across the nation rushed to Charlotte NC Real Estate. They purchased Charlotte Homes in new neighborhoods and frequently in the lower cost new neighborhoods. These Charlotte Neighborhoods have a high percentage of Charlotte Homes in foreclosure. What do you think is the appreciation in these neighborhoods? These neighborhoods have depreciated and will take some time to recover. What is their appreciation rate? It is negative and worse than the majority of other homes. Yes, these drag down the remainder of Charlotte homes for sale when you look at the overall rates.
There are also some neighborhoods that Charlotte Real Estate investors decided to rehab. What? Yes, there are certain older neighborhoods that investors across the nation took a small quaint Charlotte neighborhood and then changed the market. They increased the size of the homes, added granite, hardwoods, tile and then doubled the price. These neighborhoods experienced a frenzy of excitement but the fundamentals of demand were not sound. The inflated appreciation of these neighborhoods have not done well.
You will also notice that Million dollar Charlotte homes has also taken a hit. Many of these homes were purchased in the excitement of a rapidly growing city and the buyers did not have a sound long term economic strategy. These homes have taken a hit and not selling as rapidly. How does that impact the market? If 100 million dollar homes sold last year during the summer and then only 10 sold this year, the aggregate numbers will show sharp depreciation if the difference of 90 current homes sales are in the $250,000 range as opposed to a million.
In conclusion, you will see that the Charlotte Real Estate market is still very strong and enjoying a nation wide real estate demand. How do you know a good buy? What is a good value and which homes are not? As a Charlotte Real Estate Agent and my firm understanding of the economy we can assure you find a great Charlotte home for you and your family.
The latest report says Charlotte Real Estate depreciated a little over 1% during the past 12 months. That does not sound tragic but this does not make a good real estate investment. Let's break down the Charlotte Real Estate market and then you decide.
Charlotte is a new city and many of the home sales are new homes in new Charlotte neighborhoods. What happened when the government provided home owners with high risk loans? There was a rush of new home buyers that were not ready to be home owners. Many of these people across the nation rushed to Charlotte NC Real Estate. They purchased Charlotte Homes in new neighborhoods and frequently in the lower cost new neighborhoods. These Charlotte Neighborhoods have a high percentage of Charlotte Homes in foreclosure. What do you think is the appreciation in these neighborhoods? These neighborhoods have depreciated and will take some time to recover. What is their appreciation rate? It is negative and worse than the majority of other homes. Yes, these drag down the remainder of Charlotte homes for sale when you look at the overall rates.
There are also some neighborhoods that Charlotte Real Estate investors decided to rehab. What? Yes, there are certain older neighborhoods that investors across the nation took a small quaint Charlotte neighborhood and then changed the market. They increased the size of the homes, added granite, hardwoods, tile and then doubled the price. These neighborhoods experienced a frenzy of excitement but the fundamentals of demand were not sound. The inflated appreciation of these neighborhoods have not done well.
You will also notice that Million dollar Charlotte homes has also taken a hit. Many of these homes were purchased in the excitement of a rapidly growing city and the buyers did not have a sound long term economic strategy. These homes have taken a hit and not selling as rapidly. How does that impact the market? If 100 million dollar homes sold last year during the summer and then only 10 sold this year, the aggregate numbers will show sharp depreciation if the difference of 90 current homes sales are in the $250,000 range as opposed to a million.
In conclusion, you will see that the Charlotte Real Estate market is still very strong and enjoying a nation wide real estate demand. How do you know a good buy? What is a good value and which homes are not? As a Charlotte Real Estate Agent and my firm understanding of the economy we can assure you find a great Charlotte home for you and your family.
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