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A short sale occurs as an alternative to foreclosure. It involves three major parties. A buyer, a seller, and a lender. The time it takes for the seller to find a buyer can increase the length of time to close the sale. Even when this has been done, it is ...
Are you preparing to buy a home in Charlotte? Looking at homes for sale is fun and exciting. Before you make the mistake of fixating over a certain type of home or on certain features you want in a home, you need to know what you can really afford. ...
One of the many expenses overlooked by some buyers is the homeowners insurance. What is homeowners insurance? It is an insurance that protects your Charlotte NC home against unexpected events. Your home is more likely one of your most valuable assets, so it only makes sense that you protect that ...
Are you preparing to buy a home in Charlotte? Looking at homes for sale is fun and exciting.  Before you make the mistake of fixating over a certain type of home or on certain features you want in a home, you need to know what you can really afford. Knowing ...
Know the pitfalls of buying a HUD home If you plan to be a home-flipper, investing in a Charlotte NC HUD home may seem like a good idea. But if it is your first time, and you don’t know anyone who has bought a HUD home in your area, investing ...
Saving for a down payment Buying a home can be costly.  For a conventional loan, lenders require a 10-20% down payment of the home’s purchase price. For a $200,000 home, that’s $20,000 – $40,000. That’s a large amount. Not many buyers can afford to pay such a large down payment, ...