Thursday, January 21, 2010

Weddington Homes for Sale

Weddington NC Real Estate continues to grow in popularity based on location, schools and taxes. Weddington was a very rural suburb just south of the prestigious South Charlotte Real Estate market. many of the homes in Weddington rest on 1 acre lots embraced by trees and nature.

How do I find Weddington Homes for Sale? Weddington NC is a bit confusing since Weddington North Carolina does not actually have a post office so the mailing addresses are based on which post office services the area. Many Weddington Homes are serviced by the Matthews NC post office. Matthews is technically in the neighboring county (Charlotte/Mecklenburg County). Matthews borders much of Weddington and thus services the area. You will notice that these Weddington Homes have Union County taxes and belong to Union County Schools.

One example is the Greystone subdivision. This is a subdivision with plenty of space and a variety of homes; this is not your "cookie cutter" neighborhood! Greystone offers the cul-de-sac neighborhood with privacy for you and your family!

Authored by Rick Waite

Visit Charlotte Real Estate today and consider 6005 Greystone as your new home. This is found under my Featured Charlotte Real Estate listings; a great home and a great location! Visit today!

Saturday, November 07, 2009

Waxhaw NC Passes Liquor by the drink!

As the greater Charlotte region continues to evolve our suburbs are also experiencing a huge influx of new ideas. Waxhaw North Carolina just passed a law to allow liquor by the drink. This may sound odd to many but there are no bars in Waxhaw and no alcohol sold in restaurants. Waxhaw NC has been and maintained itself as a small little country town and wanted to preserve their character. Yes, there were several powerful groups also assuring "liquor by the drink" was defeated.

The issue was placed up for a vote once again and the vast majority voted to approve the measure. Will this change the quality of life in Waxhaw and how will this impact Waxhaw Real Estate?

There are a lot of new residents in Waxhaw and the new comers likely now out number those that were born here. Liquor by the drink is not actually stopping people from drinking; they are just spending their money in surrounding areas. Now that money will remain in Waxhaw. Waxhaw Homes are likely to experience an increase in demand. I share this because I have had clients moving "from" Waxhaw because they were so disgusted that they could not stop and have a beer locally.

Waxhaw is a great town and a great place to call home. Visit Waxhaw Real Estate to learn more about our fantastic little town.

Sunday, October 11, 2009

Charlotte Foreclosures can still beat the November 30th Deadline!

First time Charlotte home buyers can still buy Charlotte Foreclosures and still received the $8,000 Federal Rebate/Refund the has been proven. Charlotte Short Sales will likely not be able to close in time to qualify for the November 30th deadline son Charlotte NC Foreclosures are the only option in Charlotte NC.

Learn more about Charlotte Foreclosures, Charlotte Short Sales and so much more at Charlotte NC Real Real Estate to discover the unique homes throughout our greater Charlotte real estate market.

Tuesday, September 29, 2009

Charlotte Real Estate and Charlotte NC Weather

As the north begins feeling the fall chill in the air, Charlotte continues its pleasant weather patterns. Our evenings are getting cool into the upper 40's and our day time highs are pleasant upper 70's and lower 80's. Absolutely delightful. How does that impact Charlotte Real Estate?

The Charlotte NC Real Estate market does not stop in the fall and winter but continues driving forward. The desirability of our climate just increases the passion fro Charlotte Homes. The Charlotte Property market slows in the winter but there are still many people realizing that it is still time to relocate to Charlotte.

What can you expect for our winter? If you anticipate one snow fall and one ice storm a year then you will witness a bad winter. Our snow fall (averages about 2 inches) will typically be melting by 10:00 in the morning. Charlotte Schools will be closed with any snowfall. If you think about this it makes sense. If the school bus drivers only see snow once a year they will not be accustomed to diving in snow. One accident would not be acceptable for our kids so it is better safe than sorry.

It is always a good time to visit Charlotte and discover the Charlotte home that is waiting for you and your family. Learn more about Charlotte Real Estate -Charlotte NC Homes for Sale today! Buy now before the national economy creates too much demand and the prices will continue to increase.

Sunday, August 30, 2009

Charlotte Foreclosures

Charlotte foreclosures are in huge demand especially for first time home owners. In order to receive the $8,000 tax credit you must not have owned a home within the past 3 years (if married this rule applies to both of you). The home must close before December 1, 2009 so first time home buyers must make their decisions soon.

Foreclosures typically allow you to purchase a larger home for less money. Charlotte is a major city (relatively speaking) and has a huge variance within the Charlotte foreclosure market. There are many new home neighborhoods that were primarily occupied by investors/renters and sub-prime loans. Many of these neighborhoods are already being transformed since the lending standards have changed. Is this good or bad?

I will say that Charlotte Real Estate is going to be much stronger as a result and Charlotte foreclosures will be short lived. Yes, there will be additional Charlotte foreclosures based on past decisions (no equity in the current Charlotte NC Homes due to 100% financing). But the transformation is already under way.

Charlotte Real Estate is in demand and now only "A" credit people can relocate to places like Charlotte. This is not to disparage anyone with "B" credit but "B" credit home buyers really should work out their situations so that when they actually can buy a Charlotte home their habits and life style assure they can afford the home and have a better life like they had intended.

Ultimately there are some decent deals out there for those prepared to purchase a home; Charlotte Foreclosures, like any foreclosure home buyer always assumes some risk. Your discount is based on the risk assumed.

Learn more about the foreclosure market at Charlotte NC Foreclosures or call me directly at 704.770.6559 and visit Charlotte NC Homes for Sale to learn about the greater Charlotte area.

Wednesday, August 12, 2009

Charlotte Foreclosures

Charlotte Foreclosures are still offering a great opportunity for buying your Charlotte home. There are several challenges to these homes; first and foremost is home financing. Banks have already discounted the homes since it is a foreclosure. The bank is not in the repair business so that is why the homes are discounted below market value. The home is sold "as is".

If you are purchasing a home via an FHA loan, then you will likely be excluded from the foreclosure market. The majority of banks/mortgage companies will not accept FHA mortgages. The banks have learned that a large portion of these never close because the home inspection. The home inspection will find defects (that is why it is "as is") and then the repairs must be made prior to FHA funding.

So the option of only paying 3.5% down payment is gone. What is next? The next loan program is 95% financing. It is incredible to see but lenders are still making 95% loans. The Charlotte Real Estate market, as a whole, remains strong enough that the lenders are reasonably assured that the values will not drop in the near term. Yes, you must have a very good credit score, two years of tax returns and then the money for the down payment. If you want to take advantage of the first time home buyers tax credit you may want to consider this option.

Learn about the real options prior to searching for home in Charlotte. Visit Charlotte Real Estate -Charlotte NC Homes for Sale and learn about Charlotte and our great suburbs.

Tuesday, July 28, 2009

Providence Downs South Homes for Sale

The best deal in Charlotte NC Real Estate at this time is for the million plus dollar homes. Providence Downs South in Marvin NC is a great example. Providence Downs South is a huge development with million dollar custom homes. Marvin NC Real Estate is across the Mecklenburg County border (in South Charlotte NC) into Union County. The location could not be better; convenience to shopping, restaurants, entertainment and Union County Schools.

Providence Downs South Homes for Sale are a showcase for custom home builders. Builders each competed with one another to demonstrate their finished product. Many buyers, realizing the prestige and value in Providence Downs South purchased homes. Many of the custom builders built model homes in Providence Downs South.

When the housing market had the downturn, our million dollar market slowed way down. There were already and abundance of these homes in the various building stages. What is a builder to do? Stop everything until the economy improves? Accept that what you are building has the value so continue moving forward? Assume the economy will pick up before you are finished?

Most of the builders had homes that were already too heavily invested to stop. The market slowed and the new home surplus began to increase. There are many deals in Providence Downs South for almost 1/2 off. Homes that sold for $1,400,000 are being sold in the $800's. All of them? No.

Many owners that need to relocate once again are still listing their homes at fair market value. What do you mean? The homes being sold in the $700's and 800's are actually selling for less than the cost. Why are these great deals?

Home buyers are trying to float the mortgage for a couple of years to enjoy the $700,000 in equity either for their future resale. Regardless of your position is will have a lot of equity to enjoy. Charlotte Real Estate is here to stay! Visit Charlotte Real Estate - Charlotte NC Homes for Sale for your home search and to learn more about the greater Charlotte Real Estate Market.