Tag Archives for " Charlotte NC Real Estate Properties for Sale "

How Much Home Can I Afford?

How much home yu can afford

A step towards a home you can call yours

You’ve decided it is time to take the next step in achieving independence. You need more space for the business you ran at home. Your family is growing.

These are a few of the reasons why you may need a new home, which leads you to wonder how much home you can afford. If you are wondering what your personal finances can afford you, the easiest and most convenient method to find out is to go online.

There are plenty of home affordability calculators available online which can give you a general idea of how much your personal finances can provide. You’ll be asked to input your annual income, monthly debts, down payment and a few more things, after which the computer will compute how much you can afford for how many months of payment terms.

The result of a home affordability calculator is not accurate but it will give you a general idea of the possible price range of the Charlotte NC home you want to own.

When you want accuracy, the best place to ask for assistance is your lender.

What do lenders check?

Here are a few factors that affect your mortgage loan.

Credit score. This is the most important factor which will determine whether you will be approved for a loan or not. It is based on credit history, which lenders will check and verify. Lenders prefer borrowers with low balances, a long history of on-time payments and a good mix of credit card usage. You will have a difficult time convincing lenders if you fall under the category of a high-risk borrower.

Income. Of course your income matters! The higher your income is, the bigger your mortgage loan can be. You will be required to provide documentation for your monthly salary and income tax returns. Lenders will be verifying information about your company, your work status, and everything about your financial situation that will ensure you can make a monthly payment.

Debt-to-income ratios. Many people think that when they have a stable job, a high annual income, a good credit score and on-time payers, they can get a mortgage loan but debt-to-income is also part of the equation. Mortgage lenders factor in your monthly debt obligations. It includes the possible percentage of your income which would be for housing expenses, along with your debt payments like credit card bills, car loans, student loans, child support and any other loans on your credit report. The ideal debt-to-income ratio is 36 percent or lower, although lenders allow higher ratios depending on your credit score.

Down payment. If you’ve saved up a good amount of cash for your down payment, then you will not have to borrow much and can still afford to pay for a higher-priced home.

Loan amount. The total amount you will take on as a loan is crucial. The lender’s perspective is that the larger the loan amount is, the riskier it gets because more money is involved and there is a larger possibility of loss.

Those are the top five factors that lenders consider when you take out a mortgage loan. There are many other things they look into, but these five are major decisions of the possible price or amount you can borrow.

Here are some great tips for you.

  • A year before you plan to buy a Charlotte NC house for sale, get your credit score evaluated.
  • Pay off as much as you can of your debts, and don’t renew or get new loans.
  • Ask quotes from different lenders and know what you can do to get a lower rate. A reputable lender will take the time to explain your options.

So how much home can you afford? It would depend the result of the evaluation that lender will do. Get a headstart and do an online evaluation so you can have idea of how much you can possibly borrow.

Your home is your investment. Make it count by preparing well for it.

Call me, Nancy Braun, at (704) 997-3794. Let my skills and experience work for you.

RESERVED: 7218 Fox Point Dr Charlotte NC 28269

Charlotte NC Real Estate Properties for Sale

Another home sold by the Showcase Realty team! 

Do you know anyone thinking of selling? Are you thinking of putting your home up for sale? Let us know!

Get your home sold in as little time and as much price as possible. List with us today!

Call or text Nancy Braun at 704-997-3794.

Nancy Braun Sells 33% Faster than the Average Real Estate Professionals!

RESERVED: 2433 Ashley Road Charlotte NC 28208

RESERVED: 2433 Ashley Road Charlotte NC 28208

Another home sold by the Showcase Realty team! 

Do you know anyone thinking of selling? Are you thinking of putting your home up for sale? Let us know!

Get your home sold in as little time and as much price as possible. List with us today!

Call or text Nancy Braun at 704-997-3794.

Nancy Braun Sells 33% Faster than the Average Real Estate Professionals!

RESERVED: 5123 Plaza Meadow Dr Charlotte NC 28215

Charlotte NC Real Properties for Sale

Another home sold by the Showcase Realty team! 

Do you know anyone thinking of selling? Are you thinking of putting your home up for sale? Let us know!

Get your home sold in as little time and as much price as possible. List with us today!

Call or text Nancy Braun at 704-997-3794.

Nancy Braun Sells 33% Faster than the Average Real Estate Professionals!

UNDER CONTRACT! 2819 Fordwood Drive Charlotte NC 28208 | Home for Sale

Home for Sale in Charlotte NC

Take advantage of this rare opportunity to own a wonderful home in the neighborhood of Ponderosa! This 1 story home features 2 bedrooms, a spacious kitchen and a charming living room! This property is also surrounded with matured trees – perfect for nature lovers!

Make an offer for this Charlotte NC home by calling Nancy Braun at (704) 997-3794 today!

If you’d like to know more about the property, send us a message here: http://showcaserealty.net/contact-us/.

If you want to know more about similar homes for sale in the area, visit: www.ShowcaseRealty.net.

UNDER CONTRACT! 2121 Belmeade Drive Charlotte, NC 28214 | Home for Sale

Home for Sale in Charlotte NC

You will love this great bungalow ranch located close to the US National Whitewater Center! This house sits on a 2.84 acres lot that features 3 outbuildings and a 2 car carport. You will love the simplicity and yet uniqueness of this wonderful home that has 3 bedrooms and a bath, perfect for you and your family!

Make an offer for this home for sale by calling Nancy Braun at (704) 997-3794 today! As the premier REALTOR® in Charlotte and neighboring areas, I am here to assist you in finding the best home for your family.

If you’d like to know more about the property, send us a message here: http://showcaserealty.net/contact-us/.

If you want to know more about similar homes for sale in the area, visit: www.ShowcaseRealty.net.

SOLD: 17113 Greenlawn Hills Ct Charlotte NC 28213

Charlotte NC Real Estate

Another home sold by the Showcase Realty team! 

Do you know anyone thinking of selling? Are you thinking of putting your home up for sale? Let us know!

Get your home sold in as little time and as much price as possible. List with us today!

Call or text Nancy Braun at 704-997-3794.

Nancy Braun Sells 33% Faster than the Average Real Estate Professionals!

3585 Draycott Avenue #206 Charlotte NC 28213 | Home for Sale

Charlotte Real Estate

Don’t miss out!! Highly desired corner unit town house in the Berkshire complex!

Check out some of the features below:

  • Laminate flooring on the first level
  • Master suite down w/ dual vanity and laundry closet
  • Spacious two-story great room and entryway
  • Spacious kitchen w/ all appliances, breakfast bar dual sink, lots of natural light and pantry
  • Two additional bedrooms upstairs – the loft was enclosed into a bedroom!
  • Relax on the over sized outside patio
  • Additional storage closet outside with lush landscaping

Take a tour of this home by clicking on the video below:

What more can you ask for? Don’t miss out on this home for sale by calling Nancy Braun at 704-997-3794!

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

OPEN HOUSE: 4842 Gilmore Drive Charlotte NC 28209

Homes for Sale in Charlotte NC

With over half an acre of flat fenced-in yard, 3 levels of living space, and walking distance to the Light Rail System, Home Depot, Walgreens, CVS, and a multitude of restaurants, bars, and other businesses, this well maintained 1,800+ square bart home in Madison Park has everything you need and is ready for your personal touch.

Join our OPEN HOUSE event on April 1 Saturday, from 1:00 p.m. to 3:00 p.m.

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.com.

Open House : 1121 Bannister Place, Charlotte, NC 28213

Homes for Sale in Charlotte

For Sale

$37,900

1121 Bannister Place, Charlotte, NC 28213

3 beds • 1.5 baths • .33 acres lot  

Great brick ranch close to Uptown Charlotte in Hidden Valley! Home features 1 carport, sunroom, fenced in yard and wood flooring in most of the rooms. This is a great property to flip!

For inquiries please contact :
Nancy Braun, Showcase Realty
Contact Phone: (704) 997.3794
Email: OfficeAdmin@ShowcaseRealty.net

If you are not happy with your new home, we will sell it for FREE! Avail of our Exclusive VIP Buyer Satisfaction Guarantee!

1121 Bannister Place Charlotte NC 28213, home for sale in Charlotte NC, Charlotte NC Homes for Sale, Showcase Realty, NC Realtors
1121 Bannister Place Charlotte NC 28213, home for sale in Charlotte NC, Charlotte NC Homes for Sale, Showcase Realty, NC Realtors
1121 Bannister Place Charlotte NC 28213, home for sale in Charlotte NC, Charlotte NC Homes for Sale, Showcase Realty, NC Realtors
1121 Bannister Place Charlotte NC 28213, home for sale in Charlotte NC, Charlotte NC Homes for Sale, Showcase Realty, NC Realtors
1121 Bannister Place Charlotte NC 28213, home for sale in Charlotte NC, Charlotte NC Homes for Sale, Showcase Realty, NC Realtors
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