OPEN HOUSE: 9416 Hampton Oaks Ln, Charlotte, NC 28270 | Home for Sale

Grab the chance to own this jaw-dropping ranch in Providence Plantation! Enjoy the scenic drive through the neighborhood and tree lined driveway to the house.

Homeownership Open House Opportunity! – 9416 Hampton Oaks Ln, Charlotte, NC 28270 – How to be a homeowner successfully purchasing this HUD-owned home! This SATURDAY! May 12 – 12 PM – 2PM!

Enter into the exposed brick foyer with character and lots of natural light! Chef’s Dream Kitchen with huge center island and imported Italian Hand Blown Glass lights above. The kitchen features recessed lighting, under counter lights, SS appliances: wall oven, GE profile gas stove and oven (2008), and dishwasher. Chef’s built in desk. Living Room has vaulted ceilings, brick mantle, andexposed beams! Fabulous Den with custom full bar and sink – perfect for entertaining and wood burning fireplace. Master suite with vaulted ceiling and exposed beams, walk in closet with California style organizers, overlooking the greenery, heated floors, shower with multi jets and garden soaking tub with jets. Oversized Laundry with cabinets and sink. Moroccan style panels separate Sunroom and living room. Beautiful sunroom with custom glass door insert and lots of windows overlooking the flat, deep wooded backyard with lots of privacy!

If you have any questions, you can call Nancy Braun at (704) 997-3794!

If you’re looking for similar properties in Charlotte NC and surrounding areas, visit: www.ShowcaseRealty.net.

OPEN HOUSE: 5122 Allen Rd E, Charlotte, NC 28269 | Home for Sale

Custom hard stucco ranch on over half an acre!

Homeownership Open House Opportunity! –5122 Allen Rd E, Charlotte, NC 28269 – How to be a homeowner successfully purchasing this HUD-owned home! This SATURDAY and SUNDAY! April 7 and 8 – 1PM – 3PM!

The home boasts a roomy master suite, with relaxing large whirlpool jetted tub and separate large tiled shower with frame-less glass door and walk-in closet. Great room with wood burning rock fireplace with gas starter and vaulted ceilings. Dining room and office octagon. Very spacious dream kitchen with SS appliances, granite, island, ceramic tile backsplash, porcelain sink, large pantry, gas 5 burner cooktop, garbage compactor and cherry cabinets. Home features rich dark hard woods and tile. Large deck with pergola for shade overlooking the Beautifully landscaped backyard.

Schools

• Elementary School: Nathaniel Alexander
• Middle School: James Martin
• High School: North Mecklenburg

If you have any questions, you can call Nancy Braun at (704) 997-3794!

If you’re looking for similar properties in Charlotte NC and surrounding areas, visit: www.ShowcaseRealty.net.

How to Avoid Getting Your House Foreclosed On

Don’t give up, there is still hope

You’ve worked so hard to buy your home, and it is one of your biggest investments. You are proud of it, and it is a source of comfort and peace for you. But if you fall on hard times, and you are unable to keep up with your monthly mortgage payments, you may lose your home to foreclosure.

Before such a drastic thing happens, what can you do to avoid foreclosure?

If you are at the end of your rope financially, don’t give up. Consider your other options. Just think of how much more difficult it will be to get a new home when you credit rating is affected. It will definitely be affected if you let your lender foreclose your home.

Foreclosure alternatives

If your monthly mortgages are piling up, here are some options for you to choose from:

• Consider a short sale.  A foreclosure is a big deal to lenders because they will lose money, so when you are unable to make payments, the lender usually takes it to court. And if you happen to have a second mortgage or other loans secured by the home, you stand the chance of not just losing your home but your money as well.

When there is no way for you come up with the monthly mortgage, a short sale is a better option. Doing a short sale is beneficial for both you and the lender, and a far better alternative than foreclosure.  

A short sale is when you sell the home for less than the outstanding mortgage on it, with the signed approval of the lender of course.  In a short sale, your REALTOR® will work with the mortgage lender to get a deficiency waiver so that the balance can be forgiven. Your REALTOR® will also work with any  other lenders so that their lien or claim can be removed.

One advantage of short sale over foreclosure is there will be no foreclosure stigma attached to your credit rating. Foreclosures appear on your credit report for seven years, and make it difficult to buy a new home, even if you have saved enough for a down payment and have already gotten a good job.

A short sale also appears on your credit record and lowers your credit score, but you will have get a shorter waiting period before you quality for a Fannie Mae or Fred Mac loan.

Another advantage of short sale is it allows a fresh start. With a foreclosure, only your mortgage payments are taken care of, but with a short sale, all your debts are negotiated by the real estate agent. The selling process will proceed like a normal real estate transaction, so if you chose not to tell your neighbors, they won’t even know the real reason why you’re selling your home.

• Talk to your lender about a loan modification. When you realize you are behind on your payments and you are not able to come up with a full amount to cover the outstanding monthly mortgage, you need to call your lender.  Most lenders would rather negotiate a compromise which will help you catch up with your payments rather than foreclose on your home. A loan modification can give you a more affordable monthly  mortgage payment, it’s less damaging to your credit rating, and best of all, lets you keep your home.

• Seek assistance from the government. There are several government programs to help you refinance your loan.  You might consider getting help from the Making Home Affordable (MHA), or the Home Affordable Modification Program (HAMP).  These programs seek to provide qualified homeowners a chance to reduce their monthly mortgage payment to a more affordable price.

• Opt for a mortgage forbearance agreement.  If you are having difficulty with your monthly payments because of a temporary issue like unemployment or health problems, another good option is talking to your lender about a forbearance agreement.

A mortgage forbearance agreement is a temporary solution for borrowers.  In this agreement, the lender agrees to reduce or suspend payments for a specific time frame, and not to initiate foreclosure. You as the borrower, promise to pay an additional amount to cover the monthly mortgage, including the principal, interest, taxes and insurance, once the agreed upon time period has elapsed.

Don’t allow your hard work to go to the lender. There are many ways you can avoid getting your home foreclosed on.

Call me, Nancy Braun, at (704) 997-3794. Let my skills and experience as one of the top REALTORS® of Charlotte help you sell your home.

 

What Is A HUD Home and Can I Buy One?

HUD homes – the backstory

You may have heard that HUD homes are a good deal if you are looking into buying a home. But what is a HUD home and why is it available at such a bargain cost?

The Department of Housing and Urban Development (HUD) defines a “HUD home” as “a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage”.

HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim. In other words, it’s a property bought using an FHA-insured loan, didn’t meet the monthly mortgage, ended up in foreclosure, bought back by HUD, who is now selling it. That’s how it became a HUD home.

As to why it is available at a lower cost than other homes for sale in Charlotte, it is because the possible cost of repairs is reflected from the price.

HUD wants to sell these homes as soon as possible. To sweeten the deal, they even offer benefits and incentives for the buyers.

The HUD incentives

One such incentive is “The Good Neighbor Next Door Program” which seeks to “encourage renewal of revitalization areas by providing an opportunity for law enforcement officers, firefighters, emergency medical technicians and teachers to purchase homes in these communities…in the form of 50% discount off the list of eligible properties”.

If you happen be a community worker mentioned on the list, you are entitled to 50% off on top of the already low-priced home! Imagine the money you’ll be able to save from that!

If the foreclosed homes are not sold within six months, HUD has another special offer. The agency may sell them for $1 each to local governments to  “foster housing opportunities for low to moderate income families and address specific community needs”.

How can you buy one?

For the list of available HUD real estate owned (REO) single-family properties, you can visit the HUD Home Store. This site offers the public, brokers, potential owner-occupants, state and local governments and nonprofit organizations a centralized location where they can search for HUD properties for sale.

It is also the site where registered real estate brokers and other organizations can send bids on behalf of their clients who want to purchase a HUD property.

When you’ve found a Charlotte home you like, contact a HUD-approved real estate broker who can setup a showing for you to visit the home. Unlike the process of buying regular homes, you have to place bids through your agent, and there is a time period where bids are accepted. When that bidding period is over, HUD checks all the bids and accepts the best bid where their agency can get the highest net.

HUD homes are sold as is. If the home you like requires repairs, you will be the one responsible for it. Which is why HUD encourages interested home buyers to get a home inspection before submitting an offer for the home.

Are you considering purchasing a HUD home? Call me, Nancy Braun, at (704) 997-3794.

🏠What Are the Steps to Getting Your Charlotte NC Home Sale-Ready

PRICE REDUCED! 2200 Cloister Dr Charlotte NC 28211 | Home for Sale

Gorgeous modern open floor plan home in the heart of Southpark!

Great features include detached garage with full bedroom upstairs, 3 outdoor entertaining area for your dream garden and gatherings, huge library with built-ins and rolling ladder, recessed lights throughout, kitchen and baths are accented with beautiful stones and glass tiles, modern light fixtures, jack n Jill bath, 2nd story is the master suite with balcony, platform bed, large walk-in closet, walk-in pantry, invisible fencing and so much more!

This property can be yours for ONLY $999,900.

If you have any questions, you can call Nancy Braun at (704) 997-3794!

If you’re looking for similar properties in Charlotte NC and surrounding areas, visit: www.ShowcaseRealty.net.

OPEN HOUSE: 2200 Cloister Drive, Charlotte NC

Gorgeous modern open floor plan home in the heart of Southpark!

Homeownership Open House Opportunity! –8929 2200 Cloister Drive, Charlotte NC – How to be a homeowner successfully purchasing this HUD-owned home! This SUNDAY! March 4 – 1 PM – 3PM!

Great features include detached garage with full bedroom upstairs, 3 outdoor entertaining area for your dream garden and gatherings, huge library with built-ins and rolling ladder, invisible fencing and so much more!

If you have any questions, you can call Nancy Braun at (704) 997-3794!

If you’re looking for similar properties in Mint Hill NC and surrounding areas, visit: www.ShowcaseRealty.net.

5009 Magnasco Ln Charlotte NC 28208 | SOLD

Another home SOLD!

Check out this freshly remodeled 3 bed 2 bath home the Reid Meadows neighborhood in Charlotte. Over 1400 sq. ft of airy open living space. Large kitchen with dining area, perfect for meals. Bedrooms are large with plenty of room for the whole family. Spacious fenced backyard is perfect for enjoying the weather. 

Do you know of anyone thinking of selling? We need inventory — we have lots of buyers but no houses. If you or someone you know has thought about selling, please let us know.

Call or text Nancy Braun at 704-997-3794 today!

We provide great marketing for your homes. Let us show you how: ShowcaseRealty.net

✋What Mistakes Can Seriously Hamper the Sale of Your Charlotte NC Home

Mistakes on the small things aren’t a big deal.

However, when it comes to selling your home, you need to do everything right. Before you get too excited about seeing the “Sold” sign out on your lawn, there are some things you should be  aware of first.

Homeowners, especially first time sellers, often commit mistakes that cause negative feedback on their home and hamper their sale.

Here are three major blunders you should avoid at all costs:

1. Improperly Pricing the Home

The most common reason why a home doesn’t sell is that the asking price has been set too high. A high price will make buyers wonder what is so special about the property but might leave them disappointed in the end.

If you price your home too high, you’re setting yourself up for a number of obstacles to selling your Charlotte NC home. Even if you receive an offer, the deal may fall apart before the closing because the buyer might encounter problems financing at too high a price.

Keep in mind that the right asking price is your most important tool in real estate. A professional market analysis done by an experienced agent like me can give you the accurate, reliable foundation you need to price your home right.

As your agent, I will evaluate your home’s location and lot size; your home’s age, size and condition; the number of bedrooms, baths, and total rooms; and the kinds of extra features it has. Then, I will compare your home with similar properties currently for sale or recently sold.  As the top real estate agent in Charlotte, I have access to the Multiple Listing Service (MLS), which gives me all the information needed to accurately and thoroughly compare your home to similar properties.

2. Staying too emotionally attached

It’s natural to grow fond of the home where you created memories with your family and friends. However, once you decide to sell, you’ll have to emotionally detach from your home. You must now view the property as a blank canvas that is ready for someone else’s memories to be created there.

Although your home may hold a lot of sentimental value, it does not directly translate to its financial value. You can’t price your home according to what it means to you.  

Some sellers make the mistake of pricing their home too high due to their attachment to the property. However, this can backfire and cause the home to languish on the market instead.

Take the time to ensure you’re emotionally prepared for the home selling process so you won’t end up sabotaging your chances of a quick and successful sale.

3. Limited showings

If your home is priced right and shows well, you could get showing requests within hours of listing the home with your agent. To sell it quickly, you need to cooperate when your real estate agent wants to show it.

Your goal is to accommodate as many buyers as possible, even if their timing is inconvenient. If you turn away prospective buyers or make it difficult to show your home, it sends a negative message — that you’re not motivated or serious about selling.

If your house isn’t easy to show, it won’t be easy to sell either.  You’ll need to be flexible when buyers ask to see your home even on short notice.

 

If you avoid these classic mistakes, you might close your sale faster and easier than you’d have thought possible.

We would love to work with you!

Call me, Nancy Braun, at 704-997-3794. We deliver fast results! The average agent sells a home in 67 days, while our average time for selling a home is only 43 days!

 

Read: How to Sell My Home Fast in Charlotte – a Comprehensive Guide

 

124 N Laurel Ave #2 Charlotte NC 28207 | Home for Sale

Rare opportunity to purchase this ground floor unit in historic Elizabeth neighborhood! 

Enjoy the mix of old world charm with modern amenities and elegant renovation. Sandwiched between Eastover and Elizabeth, this property is close to hospitals, center city, and South Park.

Walk or Bike to all the closest shops and features of the sought after area including Laurel Market and Starbucks! 

Imagine sitting in your screened in porch, enjoying a fine glass of wine admiring the tree lined streets of Elizabeth. 

Check out some of the features of this Charlotte NC home for sale below:

• Own dedicated parking space
• Original hardwood floors
• Tiled bathroom and kitchen
• Kitchen features all appliances, double stainless sink, white cabinets
• Vintage picture molding
• Cedar closet in the hallway
• Lots of storage space
• Original brass doorknobs
• 1 Year Home Warranty Offered

If you have any questions, you can call Nancy Braun at (704) 997-3794! 

If you’re looking for similar properties in Charlotte NC and surrounding areas, visit: www.ShowcaseRealty.net.