Tag Archives for " Charlotte NC Real Estate "

OPEN HOUSE: Home for Sale in Charlotte NC | 9416 Hampton Oaks Ln 2827

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

Homeownership Open House Opportunity! – 9416 Hampton Oaks Ln, Charlotte, NC 28270 – How to be a homeowner successfully purchasing this HUD-owned home for sale in Charlotte NC! 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 new homes for sale in Charlotte NC or similar properties in surrounding areas, visit: www.ShowcaseRealty.net. Our site has listings of Charlotte NC homes for sale that you will certainly love. 

What First Time Home Buyers Need to Know Before Making an Offer

Things first-time buyers should know

Making an offer in the Charlotte home you’ve been eyeing?

Home buying is a process you cannot rush, especially if it is  your first time.

Owning your first home is a milestone, a sign of adulthood and independence. It means more than paying for a monthly mortgage. It also means being responsible for the property, being a good neighbor and joining community activities.

Before you make an offer for that home for sale in Charlotte that you’ve been regularly checking out, here are some things you need to know and ask yourself as a first time home buyer.

1. “Should I buy or rent?” If you are still hesitating buying a home for the first time, that’s a good sign you are not ready.

Don’t let other people pressure you into buying a home when you could be neck deep in mortgage in a few years. You may like the home and consider buying it, but don’t make an offer unless you are absolutely ready.

2. Plan how you will pay for your home. One of the most challenging things about home buying is the payment, unless you have a huge amount of money hiding in your closet somewhere.  Usually, you have to pay a big upfront payment, then pay the rest through a loan, which also does not come easy.

You’ll need a good credit rating and a stable job with a good income. And the expenses do not end there. Aside from the down payment, you also need to pay the closing costs.

Before you even make an offer, decide on how you will pay for the home. If you need more savings for the initial deposit so that you can get a lower monthly mortgage, you should delay home buying for at least another year or two until you have enough saved.

3. Know what government financial programs are available for first time home buyers. You need to gather your resources, and financial programs offered through the FHA are great options if you want to have an affordable home. In most cases, first time buyers don’t have enough money for a down payment.

With an FHA loan, you don’t need a high down payment to qualify. This suggestion will greatly limit your choice of homes, and most likely, you’ll be choosing from homes that don’t even make it to the top three of your wish list. However, if the home is affordable and within your budget, it is a great option.

Now that you’ve determined how to pay for your first real estate property in Charlotte, here are some things you need to know about the home you are planning to buy.

4. Location, location, location. Don’t decide to buy a home based on a certain feature or amenity. Your home’s location matters. While the large vacant lot located next to the home does not bother you now, it may matter a few years later when a commercial building is being built there.

The freeway a few minutes from your home may not bother you during the daytime, but it’s a different story at night when all you want is some peace and quiet. You may settle for a condo in the city, but if you constantly long for open spaces, in the long run, your home may feel stifling and restraining.

5. Study the home’s history. Once you find a home you like and that suits your budget, do some research. Know its market value, how much it sold for in the past, the square footage, its amenities and its weakness.

Learn why the owner is selling it. Check for the home’s days on market (DOM). All this information will come in handy when you are making an offer for the Charlotte property you’ve been dreaming of.

Don’t rush into making an offer. Take your time to think about it. After all, we are talking about one of the largest financial investments you’ll ever make.

Are you planning to buy a home in the near future? Call me, Nancy Braun, at (704) 997-3794. Let me share with you some important new home buyer tips and help you find the best home.

 

Pivot Today for Better Real Estate Business Tomorrow with Nancy Braun

Nancy Braun Real Estate Rockstars With Pat Huban

Nancy Braun, an REO Expert, talks about how she pivoted her business (Showcase Realty LLC) to tackle traditional real estate on this podcast interview with Real Estate Rockstars with Pat Hiban. She also shares some steps to become a real estate agent buyers and sellers can trust. 

She covers the structure of her current team, what she does to win business in a competitive seller’s market, and where she recruits talented agents in her area. Listen and learn how an REO specialist carved out a new business path and found success amidst major market changes on today’s Real Estate Rockstars.

Here are some main points Nancy talks about:

  • The number of houses Nancy’s team sold in the last 12 months [5:33]
  • What business was like during the REO boom [7:01]
  • Nancy’s plans for her Airbnb rental [9:04]
  • The structure of Nancy’s company [12:28]
  • Ads Nancy uses to recruit real estate agents [14:41]
  • What Nancy does with the 51,000 leads in her CRM [17:34]
  • The type of market Nancy’s in today [24:35]
  • How to make a better offer than anyone else on a house [25:05]
  • A way to keep sellers’ appraised of the work you’re doing for them [27:58]
  • The technology, tools, and services Nancy utilizes in her business [35:10]
  • What Nancy donated to the Agent Success Toolbox [37:32]
  • How to break through your goals.
  • Plus so much more.

CLICK HERE TO LISTEN TO THE PODCAST

If you want to take your real estate business to the next level, call Nancy today at 704-997-3794 to discuss how Showcase Realty can provide you with the true value and tools you seek in growing and succeeding.  You can also get a head start by downloading our Book of Benefits right away.  Visit www.ShowcaseCareers.com

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

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 for sale in Charlotte NC! This SATURDAY and SUNDAY! April 7 and 8 – 1PM – 3PM!

Charlotte NC Home for Sale

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 Charlotte NC homes for sale, foreclosed homes in Charlotte NC for rent or similar properties in surrounding areas, visit: www.ShowcaseRealty.net. Our website features listings of new homes for sale in Charlotte NC.

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.

Whether you are looking for cheap homes Charlotte NC or just want to know more about Charlotte foreclosures and short sales, you can contact me for help. 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.

 

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.

Congratulations to Nancy Braun, Certified Short Sale Seller Designee!

Congratulations to Nancy Braun, Certified Short Sale Seller Designee!

Top Charlotte NC real estate agent Nancy Braun, award-winning Broker-in-Charge / Owner of Showcase Realty LLC recently completed her Certified Short Sale Seller designation course by Advance Mortgage Education

A Certified Short Sale Seller (CSSS) designee understands the qualifications that are required to be met by the short sale seller.

Short sale sellers must qualify for the short sale and understand how they work, what effect it may have on consumer credit, and more. CSSS designees understand the fundamental concepts of the short sale negotiations and are able to determine the complexity and likelihood of a successful short sale transaction.

The CSSS designee are also capable of asking the right questions to help determine if a seller is actually ready, willing, and able to do a short sale.

According to Superior School of Real Estate, the “Certified Short Sale ‘Seller’ and ‘Buyer’ designations are the First and ONLY North Carolina state specific Short Sale designations.

The Certified Short Sale Seller (CSSS) and Certified Short Sale Buyer (CSSB) designees are real estate related professionals dedicated to helping North Carolina home sellers and buyers who find themselves in a short sale.  A short sale is when the seller owes more than their property is worth.  They understand the short sale process, what’s normal and what isn’t, the transactional entities involved, and who the true Short Sale decision makers are.

A Certified Short Sale Seller (CSSS) designee understand the qualifications that the short sale seller will be required to meet.  Just like a buyer needs to have a job, good credit, and money for a down payment to get a loan, the short sale seller must qualify for the short sale and understand the options that may be available, how they work, and what effect they may have on the consumer credit.  They know what mortgage fraud looks like in a “Buyer’s Market” so they don’t inadvertently get caught up in it. They understand the fundamental concepts of the 2 negotiations in a short sale, what may happen with the loss, deficiency judgments, 1099, and credit reporting.  They understand how to determine the complexity and the likelihood that this will be a successful short sale transaction and the questions to ask to determine if the seller is ready, willing, and able to do a short sale.”

 

About Advance Mortgage Education

Advance Mortgage Education, Inc was the 1st to bring Short Sale and Loss Mitigation continuing education courses to North Carolina in 2003. We are the only education provider to have courses approved with the NC Real Estate Commission, the NC Banking Commission, and the NC State Bar. We have been providing North Carolina real estate agents, loan officers, mortgage brokers, paralegals and attorneys with Short Sale courses for the past 7 years.

About Nancy Braun

Nancy Braun is an award winning Broker-In-Charge / Owner of Showcase Realty LLC — having spent two decades successfully evolving a leading, award winning, and nationally recognized brokerage in the Carolinas, with a growing team of over 50 agents and staff.

The firm’s real estate services, spearheaded by Nancy’s knowledge and vast experience from personally serving hundreds of clients over the years, includes licensed specialists in five departments serving luxury and traditional homebuyers, sellers, investors, relocation clients, probate estate clients, short sale and foreclosure clients, commercial real estate and property management clients in North Carolina and South Carolina. For excellent sales records, Nancy and Showcase Realty LLC are nationally recognized industry leaders consistently ranking on America’s Best Real Estate Agents and RealTrends Top 1% in the country, as recognized by the Wall Street Journal.

Tapped as a national resource for real estate professionals and organizations, Nancy shares her insights, experiences and knowledge at conferences, in trade and industry publications, on Boards, at workshops and more.

Another Happy Client Reviews Showcase Realty

Charlotte NC Real Estate

“Kudos to all the dedicated and hard-working staff of Showcase Realty.” – Reb Liberiaga

List with Nancy Braun and get your home sold!

Call (704) 997-3794 or email OfficeAdmin@ShowcaseRealty.net to get started on selling your home today.

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

Another Happy Client Reviews Showcase Realty

Charlotte NC Real Estate

“I recently moved to the Charlotte area and was looking for a real estate company to work for and call home. Upon doing some research on Google I came across Showcase Realty and decided to interview there. Showcase Realty offered training, leads, etc. to help get me started. They delivered on everything they promised and more. If you are looking for a great place to work, to get training, or a great company to help you in your real estate needs, Showcase Realty is the place to go.” – Barbara Bos

List with Nancy Braun and get your home sold!

Call (704) 997-3794 or email OfficeAdmin@ShowcaseRealty.net to get started on selling your home today.

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

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