Today everyone is looking for a great deal! There are great Charlotte NC Homes for sale but you need to have an understanding of our economy to find the best priced properties. How can you tell?
First, I always recommend to trust your "informed" instincts. Realize that all real estate is local. A home is discounted to a list price lower than New York is not necessarily a deal. If you are seeking to move into the 10% least expensive homes in Charlotte, this is similar moving into the bottom 10% of the any city. This does not make the areas "bad". This just means you find similar environments in the least expensive neighborhoods in any city. There is no difference. I just want you to realize beforehand that you are selecting to relocate your family into the bottom 10% of Charlotte NC Real Estate.
Now there are great deals in the high dollar market. You can also purchase a home there way below the cost of building the home. The difficulty is that these homes are harder to finance with Jumbo mortgage rates and the escalating foreclosure rates. If you can afford one of these homes then you stand to make hundreds of thousands in a couple of years.
Ultimately, you need an excellent Realtor to help you find your ideal home. What type of neighborhood are you seeking? Are you seeking a rental neighborhood? What time frame are you hoping to regain the equity? Are you on a 2 year plan or a five year plan? There are variables but experience helps minimize foreseen risks. Call me today and I can help or visit Charlotte Real Estate Charlotte Foreclosures for additional insights into our market.