Tag Archives for " Charlotte NC Neighborhood Real Estate "

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.

Charlotte Ranked Among Best Cities in America for Young Professionals

I recently came across an article that ranked the top cities in America where contented young professionals live.

To compile the list, the online career site Careerbliss.com analyzed thousands of employee-generated reviews from hundreds of American cities. Career Bliss is an online career community designed to help individuals find happiness in the workplace and in their career.

Charlotte NC Homes for Sale

In their latest list, The Queen City came in 4th with a score of 3.63, beating out LA, Atlanta, San Francisco, and even Boston.

So how exactly did they get the ranking? According to the article:

“A ‘young professional’ was defined by CareerBliss to mean an employee with less than 10 years’ experience in a full-time position. They were asked to rate eight factors that are thought to happiness the most, including; growth opportunities, compensation, benefits, work-life balance, career advancement, senior management, job security, and whether or not they would recommend their job to others.

They valued each factor on a five-point scale and also indicated how important it was to their overall happiness at work. The numbers were combined to find an average rating of overall employee happiness for each respondent and then sorted by location to find which cities had the happiest workers.”

Read more about this article here: //www.charlottestories.com/charlotte-ranks-among-best-cities-in-america-for-young-professionals-by-forbes-magazine/

10 Fun Ways to Shake Things up for 2018!

HUD homes for sale in Charlotte.

What are you doing new this year?

There’s something in the new year air that makes you want to change things up – do something different, something fun. Have you started making plans for this year? Are your goals set?

One of the reasons many people abandon their New Year’s resolutions before the first month is over is because the goals they’ve set are more of a chore! Make your resolutions more fun and exciting, that way you are constantly motivated to do them.

Here are 10 fun and enjoyable goals that will make you happier this year!

1. Do something fun on the weekend. You work hard every day, you deserve to treat yourself every week. Meet with friends and dine out, grab a drink or go dancing. Hoppin’, the new self-serve wine and craft beer in South End, opened in December 2017 and served a record breaking 130,000 ounces to 4,000 customers in its first eight days! This is be a great place to meet your friends!

2. Hit the best barbecue spots in Charlotte. Let’s admit it, North Carolina barbecue is not as famous as barbecue from Texas, but hey, ours is also great. In fact, Dunn ranked the 10 best barbecue spots in Charlotte. Midwood Smokehouse grabbed the top ranking with its authentic pork over wood method and excellent crispy pork skin cracklings, closely followed by Sauceman’s (which also cooks over wood), and Mac’s Speed Shop.

3. Take up a new sport or exercise. There is no better way to lose the holiday pounds than to be physically active. When you exercise, your body releases endorphins which create positive feelings. You’ll feel happy and release stress at the same time. Do something you’ve never tried before? Try boxing!

4. Watch a live sport event. If you love basketball, watch an NBA event live! A baseball fan? Go to a Major League Baseball game. Do you live and breathe football? Go to an NFL game. Watching your favorite sport being played by your favorite team live is an exhilarating experience, one you should enjoy this year.

5. Volunteer or give donations. True happiness comes when we seek other’s welfare besides our own. Share your blessings and do something good for others. It doesn’t even have to be about money. You can share your time, or donate unused toys, books or clothes.

6. Learn the dance steps for a whole song. It doesn’t matter if you don’t think you can dance, what matters is you try! Learn the dance steps for a whole song and you’ve got something that will keep you moving for at least two-three minutes. Who knows, you may discover that you have the talent for it!

7. Travel somewhere. This is the year to cross off one item on your bucket list – visit a new place and explore. It’s the first month of the year, you have more than enough time to plan and save for your trip. Start with local places, then travel farther away with each succeeding adventure. Visiting new places is refreshing. It also helps you gain new ideas, perspective, and friends.

8. Eat at Shake Shack. Yes, I know it’s a fast food franchise, but it one of the highly anticipated openings this year, and let’s admit it, it’s pretty good!

9. Watch a theater performance. When was the last time you’ve watched a play? It’s time to brush up on your knowledge of the classics. Make it more fun by watching it with your friends, or at least someone who appreciates theater.

10. Pamper yourself. Put your best foot forward by investing in your appearance and feeling good about yourself. Get facials, foot massages, or a mani-pedi session at least once a month. This will boost your self-esteem and help make you feel better.

There are many other fun activities and goals you can set for this year. If you need help when it comes to changing the look of your home, call us at (704) 997-3794. We at Showcase Realty are willing to help you know what changes will best improve the value of your home.



Charlotte Ranked One Of The Hottest Hipster Markets in America (Higher Than Asheville)


I came across this article on how Charlotte is one of the hipster markets in the country.  Just how did Banktown become a ‘hipster’ city, you ask? Well, with the aid of Yelp reviews and the number of ‘hipster’ businesses per area, see how our beloved city fared in this article by CharlotteStories:

hipster coffee shop, people in hipster coffee shop, people coffee shop, coffee shop

The list analyses the highest concentrations of ‘hipster’ businesses for home buyers looking to embrace indie culture, using the number of times the word ‘hipster’ is mentioned in each city’s Yelp reviews, and how many ‘hipster-type’ business per capita are in each city.

It may not be a surprise that Charlotte is now one of the most hipster markets in America, given our growing coffee scene, thriving craft breweries, hardcore disc-golf community, and our massive annual hippie festival, but what may be surprising is how high we ranked.

Charlotte came in at #15, ranking higher than Denver, Fresno, CA, and even Ashville.

We were given an overall hipster score of 93.6 and Asheville was given an 83.6 – even Greensboro made the list at #43, scoring a 79.5.

Realtor.com® and Yelp’s Hottest Hipster Markets:

Ranking Market Yelp Hipster


Market Hotness**
1 Columbus, Ohio (43202) 90.1 99.8
2 Seattle (98122) 95.9 94.1
3 San Diego, Calif. (92104) 95.6 93.7
4 Fort Wayne, Ind. (46802) 88.2 95.7
5 Rochester, N.Y. (14620) 92.5 92.8
6 San Francisco (94117) 84.3 96.0
7 Long Beach, Calif. (90814) 93.2 90.7
8 Louisville, Ky. (40217) 97.5 87.8
9 Grand Rapids, Mich. (49506) 88.8 92.4
10 Colorado Springs, Colo. (80903) 86.8 92.9
11 Royal Oak, Mich (48067) 77.6 98.2
12 Oklahoma City, Okla. (73103) 94.9 87.8
13 Milwaukee, Wis. (53207) 96.4 85.6
14 St. Louis (63143) 75.9 96.9
15 Charlotte, N.C. (28205) 93.6 85.9
16 Minneapolis(55406) 80.7 92.7
17 Riverside, Calif. (92501) 88.6 87.0
18 Denver (80203) 93.0 85.0
19 Eugene, Ore. (97402) 82.0 90.5
20 Tampa, Fla. (33603) 99.5 80.1
21 Omaha, Neb. (68104) 91.7 85.0
22 Fresno, Calif. (93728) 84.5 88.4
23 Asheville, N.C. (28806) 83.6 88.7
24 Arlington, Mass. (02474) 68.2 97.5
25 Dallas (75208) 93.5 82.7
26 Boise, Idaho (83702) 89.1 85.2
27 Lawrence, Kan. (66044) 91.8 82.6
28 Santa Rosa, Calif. (95401) 68.6 95.8
29 Fargo, N.D. (58102) 89.3 82.7
30 Santa Clara, Calif. (95051) 65.7 94.5
31 Chico, Calif. (95928) 71.2 90.8
32 Richmond, Va. (23220) 94.1 77.9
33 Orlando, Fla. (32803) 94.5 77.4
34 Buffalo, N.Y. (14222) 83.8 83.0
35 Salt Lake City, Utah (84105) 85.6 80.8
36 Lancaster, Pa. (17603) 85.2 80.5
37 Ann Arbor, Mich. (48104) 80.4 83.1
38 Vancouver, Wash. (98660) 78.1 84.1
39 Gilbert, Ariz. (85234) 71.9 87.4
40 Akron, Ohio (44303) 98.5 73.1
41 Memphis, Tenn. (38104) 81.8 80.5
42 Sacramento, Calif. (94819) 53.1 97.1
43 Greensboro, N.C. (27403) 79.5 81.7
44 Santa Cruz, Calif. (95060) 60.6 92.6
45 Birmingham, Ala. (35222) 90.2 75.8
46 Tulsa, Okla. (74120) 87.9 76.4
47 Indianapolis, Ind. (46205) 95.3 72.6
48 Provo, Utah (84601) 82.3 78.9
49 Nashville, Tenn. (37204) 81.1 79.3
50 Alexandria, Va. (22301) 72.6 83.8

Read more about this article here: //www.charlottestories.com/charlotte-ranked-one-hottest-hipster-markets-america-higher-asheville/


Another Happy Client Reviews Showcase Realty

Showcase Realty

“In June 2014 I hired Nancy Braun to sell my home in Matthews and everything from signing the listing agreement to the closing went exceptionally well. While not Nancy’s fault, a couple buyers pulled out of their offers and Nancy called me immediately to explain why they cancelled – and she reassured me to hang in there because my house would sell, and it did for full asking price! Nancy and her team are very knowledgeable, responded to my calls quickly, and were very professional. In addition to that, their system allowed me to know when the house was shown and provided prospective buyer’s feedback about my house. I’ve never seen a system like it. It kept me informed, which came in handy as I live in San Diego. Based upon my experience, I highly recommend Nancy Braun and her team!” - Metrocmj, Zillow

Find your dream home with best Charlotte NC real estate agent Nancy Braun and the Showcase Realty Team! Call (704) 997-3794 today!

If you’re looking for homes for sale, visit: www.ShowcaseRealty.net.

Another Happy Client Reviews Showcase Realty

Nancy Braun Top Real Estate Agent in NC

“Nancy was of great help! I contacted her and about a month later she had a few buyers for my home! She even convinced the buyers to pay off some things that were affecting my credit due to my mortgage loan! I would recommend her services to anyone looking to sell their home in a promptly manner! Thanks Nancy!” – Clareeseblackmon, Zillow

Find your dream home with best Charlotte NC real estate agent Nancy Braun and the Showcase Realty Team! Call (704) 997-3794 today!

If you’re looking for homes for sale, visit: www.ShowcaseRealty.net.

What Are the Top Home Pricing Strategies?

Comprehensive Guide on How to Sell My Home Fast

There are four known strategies that sellers utilize to price their homes. Never assume that a higher asking price will automatically mean a higher selling price.Often, this equation works in contrary, especially if you’re not paying attention to what the market is telling you.Now that you have picked your agent, one of his or her functions would be to help you find out the best strategy to use in pricing your property and make it work.

  1. Overpriced or sometimes called High Price Tactics – They are not in your best interest.   There are some listings that add 10 – 20% over their true market value and these homes end up sitting on the market the longest and are sometimes unsold.
  2. Somewhat Overpriced – These homes will also sit on the market for a long time untouched, even if they are only 5-10% overpriced.
  3. Below Market Value Price – Some sellers require a rapid sale.  They will attract multiple offers and sell fast, usually in just a few days. Be careful that the agent suggesting this method is making this recommendation with your best interest in mind.
  4. Priced Correctly – Smart sellers, like you, recognize that real estate is part of the capitalistic system of supply and demand. You have thoroughly priced your home and completed an analysis of other sales on the market.

These competitively priced homes often sell within a reasonable timeframe and sell very close to the asking price. Remember that if this is priced correctly, it should sell for 97% to 99% of asking price.

How to negotiate price when selling a house  

One of the most challenging parts of real estate happens during the negotiation process. There are times that the buyer is too persistent and the seller gives up too easily or vice versa.The great news is the market has gotten better than it has been in years, but it’s still best to be fortified with negotiation skills when trying to sell your home.Let’s take a look at this video from TIME:You may be the kind who never questions the offer from buyers and that would be unfair. If that sounds like you, you can use these tips on how to polish your negotiation skills, whether you’re buying or selling real estate.

  1. Pay attention to your first offers – Never disregard even the low offers. It may even be your best one. The best offers usually come at the time when you first list your home. It would be a mistake not to listen to these offers, regardless of what they are.
  2. Try your best not to be emotional – Don’t disregard the fact that your home is not just a structure. It may be your family’s entire history but it’s best to stay level headed throughout the negotiation process. Be rational. Use business skills to learn as you can about the buyer. The more information you know about your buyer’s financial statements, the better you will be at negotiating.
  3. Do not mention deadlines – If you’re behind on the mortgage, in the middle of a divorce or moving across the country, don’t highlight this to your buyer. This gives them unnecessary leverage. By keeping this information under wraps, you can avoid losing control of the situation.
  4. Silence can be good – Author Olivia Fox Cabane said, “I’ve often heard professional negotiators tell me that they could accurately predict the outcome of negotiations fairly early on using one simple clue: whoever has less endurance for silence loses.”

A certain amount of silence shows respect for your potential buyer. Silence teaches discipline but there are moments that this may mean rudeness so just be careful.Get in touch with Nancy Braun at 704-997-3794 for a free home valuation. Up next, let’s be more playful and find out the best staging paint colors nowadays and how to stage a home when you are still living in the house? More on these topics in the next chapter.Read: How To Sell My Home Fast in Charlotte – A Comprehensive Guide

Another Happy Client Reviews Showcase Realty

Showcase Realty

“Nancy Braun helped us find our first house and guided us through the whole process. We would definitely recommend Nancy and would call if we are ever in the market for another house.” – Mriver97, Zillow

Find your dream home with best Charlotte NC real estate agent Nancy Braun and the Showcase Realty Team! Call (704) 997-3794 today!

If you’re looking for homes for sale, visit: www.ShowcaseRealty.net.

Another Happy Client Reviews Showcase Realty

Showcase Realty

“Showcase Realty is not just a place to work, its a family! Nancy Braun is a wonderful business woman with a HUGE heart! Nancy has built Showcase Realty on personal values and professional experience. I am honored to be able to be a part of this team of talented people as we come together to create the completed vision of Showcase! Every client, every agent, every employee is important and appreciated! We are growing and continually improving the overall experience here at Showcase Realty! Team work makes the dream work!” – Jazma S., Yelp

Find your dream home with best Charlotte NC real estate agent Nancy Braun and the Showcase Realty Team! Call (704) 997-3794 today!

If you’re looking for homes for sale, visit: www.ShowcaseRealty.net.

Another Happy Client Reviews Showcase Realty

Nancy Braun Top Real Estate Agent in NC

“Nancy and team do an outstanding job! Personable, diligent and aggressive. Nancy has handled several of our listings and always feel in good hands. She and her team consistently have our best interests in mind. Would highly recommend Showcase Realty to anyone coming into the area or local residents wanting to buy/sell property!” – Shirley B., Yelp

Find your dream home with best Charlotte NC real estate agent Nancy Braun and the Showcase Realty Team! Call (704) 997-3794 today!

If you’re looking for homes for sale, visit: www.ShowcaseRealty.net.

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