Tag Archives for " Home Buying "
June 8, 2018
- in Blog , Charlotte Homes for Sale , Real Estate by Nancy Braun
What Questions Should You Ask Before Buying a Charlotte NC Home?
On the verge of signing a Charlotte home for sale contract? Read this first.
After years of saving and months of planning and searching, you’re now ready to buy a home. You’ve found one you love and you’ve created a payment plan. Before you take the final steps of signing the dotted line, here are a few questions you should be asking to seal the deal.
- What is the market value of the home for sale in Charlotte? You should have been informed by your real estate agent about your market value,but if not, please ask. There is no right or wrong answer when it comes to buying a home, because you want to learn as much information as you can about the home you want to make an offer to.
Sellers are aware that the home must be priced right for it to sell. But it will not hurt you to ask your REALTOR® to do a comparative market analysis. The CMA contains all the comparables in the area, so you have a good idea of what the market value of the home is.
- When was it last sold and how much did the seller pay for the home? Knowing the original value and comparing it with the current value will give you an idea about the market. If the home was sold five years ago, and the market has not drastically changed, there shouldn’t be much of a price difference.
- How long has the home been on the market? Homes that have been on the market for six months or longer typically means that it is overpriced. It can also mean the owner may be willing to negotiate and lower the price.
- Did the current owners do renovations or upgrades? The answer to this question will help you gauge how much money was used to improve the home, and how much they are expecting as ROI.
- What’s the HOA and utility cost? You want to have an idea of how much your monthly expenses will be, because you’ll also be paying a monthly mortgage.
- What’s the closing costs and will the seller help with the closing costs? You need to find out how much the closing costs are so you will not be surprised when you have to pay them at closing. Also, you need to know if the seller is willing to make concessions and pay some of the closing costs.
- What were the problems you encountered while living in this Charlotte property? Before you sign on the dotted line of the contract, ask the seller if there are issues with the home. Don’t expect the seller to disclose everything, but at least you’ll have a general idea of what to encounter when you live there.
Ask about pest infestations, flooding issues, noise, etc. If the home happens to be right by a busy street, ask if the noise level gets too bothersome.
- Do the appliances have warranties? Though the appliances look new, it is always better to know when they were bought and if they still have warranties, because you never know when they’ll stop working.
Think of it as a money-saving effort. Appliance repair is not cheap, so you need to have the warranties on hand.
When you ask the right questions, you’ll be surprised at the answers you’ll receive. From there, you can continue to move on with the transaction, or ask for more time to think about it.
Your home in Charlotte NC is your investment, so learn everything possible about it so you can know the best way to secure it.
Call me, Nancy Braun, at (704) 997-3794. Let me help you find the home that fits you and your financial needs.
February 13, 2018
- in Blog , Charlotte NC Homes , Nancy Braun , Real Estate by Nancy Braun
How to Get the Best First Time Home Buyer Mortgage
Are you excited to have your own home?
If you’re tired of renting, or living with roommates, and you want to feel like an adult and be independent, or you are getting married and starting a family, you are emotionally ready to have a home of your own.
But are you ready for the fees and responsibilities that come with it?
A home is an investment, and it may be among the biggest financial investment you’ll ever make. Many of us rush the process of home purchase, when it requires a lot of preparation and careful planning.
Decisions, decisions
Among the many decisions you have to make in buying a home in Charlotte NC is which lender to choose.
It can be challenging to find the right lender to work with, especially since there are so many mortgage lenders ready to accept your loan application. However, just because the lender is willing does not mean it is the right one for you.
Remember, you’ll be paying your mortgage for years to come, so you might as well take the time to study the different mortgage options available to you.
Top tips on picking the right mortgage lender
Getting a house loan is not as easy as walking into a bank or any lending institution, presenting your situation, signing some paperwork and walking out with what you need. It’s a little more complicated than that.
- Get to know the different mortgage lenders. Before you decide on a particular mortgage lender, do some research on the different lenders in your area. The most common types of lenders are big banks, mortgage banks, credit unions and mortgage brokers.
You want to find a organization that offers a good loan program with low interest rates, one which is invested in its clients, and one which can help you close the deal fast. You can do this by searching online, asking for references from friends, family members, and your real estate agent.
- Decide on whether you need a mortgage broker or a mortgage banker. A mortgage broker is someone who can make the job of finding lenders easy. There are several benefits associated with mortgage brokers like convenience and expertise in handling the requirements. But you should know that there are also some less than appealing aspects.
Mortgage brokers get a commission when they arrange the deal between the lender and the new homeowner. You’ll find that there are mortgage brokers who’ll set you up with a lending institution simply because they’ll receive a higher commission, regardless of whether the interests in the mortgage lending institution will cost you more.
A mortgage banker is essentially a loan officer. These are people who have either a real estate background or someone who has worked for a different department in the bank. When you decide to get a home loan from the bank, they are the ones who will present the different products or services their bank offers, and guide you in choosing the most suitable one for your situation.
An advantage of working with mortgage bankers is they don’t get any commission on whatever mortgage you choose. Regardless of the amount of the mortgage you’ll have, mortgage bankers don’t have the financial incentive to push you to get a large mortgage deal. In fact, a lot of them say “No” to whatever outrageous requests or demands you ask for because they strictly follow their bank policies and rules.
- Interview the lenders. Create a shortlist of mortgage lenders, and set up an interview with the best three. Prepare a series of questions to help you determine if they offer the services you have in mind.
You don’t need to get a loan to ask questions. You can simply ask the loan office or mortgage banker to assist you in understand some things. That way you can have a good amount of information when you leave.
Mortgage shopping allows you to see the different products and interest rates, which will make decision making easier.
Buying a Charlotte NC home for the first time is a great learning experience. With the right help and support from an experienced real estate agent, it will also be a beautiful journey.
Call me, Nancy Braun, at (704) 997-3794. Let me make your first home purchase a success.
November 7, 2017
Do I Need A Home Inspection?
Protect your interest
When you buy a Charlotte NC home, you buy its amazing features and great location. You also buy its flaws. Not all homes are perfect. Even some new construction homes have minor flaws.
Your home is a big investment, and you want to make sure it is in good condition when you buy it. It is your right to know the weaknesses of the home you are going to purchase, and the home inspection allows you to learn that.
Many buyers feel that the home inspection is something they can do themselves because it seems easy to check the condition of the home and find out if the electrical or heating systems are working. While it’s true that a home inspection only covers and inspect things that are visible, there are many things you don’t check when buying a home.
For example, one of the reasons you love the living room is for its stone-lined fireplace. Have you checked if it is safe? Did you check the wiring of the home? How about the plumbing? All these things are covered in the home inspection.
Top 3 benefits of a home inspection
- It saves you money. Home inspections cost $300 – $400 depending on the size of the home. It is a small amount to pay compared to your possible expense a couple of years later when you have to rewire your entire home, or when you need to have your foundation repaired.
- It allows you to negotiate for a lower price. When the home you like is still at the upper end of your budget price range, a home inspection may give you the means to negotiate the price to your favor.
- It gives you a good deal. Not only does a home inspection allow you to ask for a lower price, it also gives you the power to request needed repairs. Some sellers are willing to deduct the amount of repair from the listing price.
What’s included in a home inspection?
Home inspections start from the top of the house down to the bottom, but it will not cover everything in the Charlotte NC home you are planning to buy. The inspector has a list of different items to look at in the home. These inspectors are trained and certified by the state and are experts in what they do. The following are some areas covered in an inspection:
- Structural components including foundation and framework of the house are covered. The inspector will check if the foundation is solid, and if the walls are straight. This is especially helpful if you are buying an older home.
- The roofing system is composed of the shingles, flashing, fascia and skylight which will be looked at. The inspector will check for defects which may cause drips or loose gutters.
- Exterior portions of the home will be covered including the siding, porches, and driveways. The inspection will check for cracks, rot or decay in the siding.
- The plumbing system which includes pipes, drains, and water heater will be inspected to check for deficiencies.
- Heating and Cooling system and its distribution equipment will be analyzed.
- Interior features like walls, ceilings, windows, doors, etc will be looked at.
- Insulation and ventilation will be inspected to see if it was installed properly.
- Fireplaces which include chimneys and vents will be inspected for problems.
- Kitchens will be checked from plumbing, to electrical and appliances.
- Bathrooms will be inspected for venting, leaks and more.
You will be provided with the detailed findings, which you can use as basis for further price negotiation. As a buyer, the home inspection report is your way of checking the investment you’ll be making is sound and will not give you any problems in the near future.
Call me, Nancy Braun, at (704) 997-3794. Allow me to make your real estate experience a smooth and enjoyable journey.
June 22, 2017
- in Blog , Home for Sale , Nancy Braun , Real Estate , Shelby NC Homes for Sale by Nancy Braun
1300 Wesson Rd Shelby NC 28152 Home for Sale
Fall in love with this charming 1 story full brick ranch home in Shelby! This house features 3 bedrooms, 2 baths and a lot more. It comes with a nice kitchen with a lot of storage cabinets that can be very useful. You and your family will also enjoy the sunroom that is overlooking your own backyard!
Make an offer for this home for sale by calling Nancy Braun at (704) 997-3794 today! As the premier REALTOR® in Charlotte 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: https://showcaserealty.net/contact-us/.
If you want to know more about similar homes for sale in the area, visit: www.ShowcaseRealty.net.
June 22, 2017
Under Contract | 3605 Cindy Park Drive Charlotte NC 28216
Don’t miss out on the opportunity of owning this diamond in the rough! This great 2 story home in Cindy Park neighborhood needs some TLC but has a lot of potential! It features a 2 story great room with a fireplace and it has a bedroom and bath downstairs! The master bedroom suite has a vaulted ceiling and dual vanities!
Make an offer for this home for sale by calling Nancy Braun at (704) 997-3794 today! As the premier REALTOR® in Charlotte 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: https://showcaserealty.net/contact-us/.
If you want to know more about similar homes for sale in the area, visit: www.ShowcaseRealty.net.
March 3, 2017
The Top 5 Reasons to Live in North Carolina
If you are looking at homes for sale in North Carolina, there's no better time to move to the State! It's a must-see place where there's always something going on. Those who are new to the area or planning a trip to find out more about what it has to offer, here are the top 5 reasons why North Carolina makes a fun and interesting place for you to live:
1. Discover the multi-purpose value of mason jars. This quirky preference for using a mason jar in place of a tumbler and mug has found its way into North Carolina home décor, so that it remains one of the most-purchased items in the State. A jar can make a trendy and stylish spoon holder, desk accent, or even a centerpiece for flowers or candles.
2. The food. North Carolina is known for the best fried chicken, especially from Bojangles' Famous Chicken ”˜n Biscuits, headquartered in Charlotte. Another favorite is barbecue, found in every city. Among the top contenders are Stamey's Barbecue in Greensboro, B's Barbecue in Greenville, and Skylight Inn BBQ in Ayden as top 10 award winners for 2016.
Bojangles' Famous Chicken ”˜n Biscuits
Mason Jars
If you go to Tupelo Honey Café in Charlotte, you'll find that fried green tomatoes is another staple for the State. Donut-lovers will be thankful for Krispy Kreme Doughnuts, founded in 1937 in Winston-Salem, available at their many locations. And, because Cheerwine partnered with Krispy Kreme, you simply must try all their varieties of sodas and floats! Other statewide specialties you don't want to miss out on are Carolina styled foods for their flavors -deviled eggs, seafood, and shrimp and grits.
3. The beach scene along the coast. Nothing beats the warm Carolina sunshine, and all along the North Carolina-Georgia border, you can have your pick of where to go. From Wrightsville Beach, to Nags Head, Carova, or even Corolla, you'll want to keep going back as often as you can.
North Carolina Beach
4. Artsy communities. The creative and liberal arts lovers of all ages will appreciate the mix of entertainment and shops throughout the neighborhoods of Montford in Asheville and NoDa in Charlotte, and in the cities of Durham, Chapel Hill, and Winston-Salem's selection of theatres and galleries.
5. The music. From folk to blues, and some country tunes, North Carolina's diverse music appreciation has paved the way for many notable performing artists such as James Taylor, John Coltrane, Dizzy Gillespie, and Ben Folds Five, to name a few. You can visit the Music Hall of Fame in Kannapolis, or attend live shows at any of North Carolina's best venues all year long.
Ready to Make Your Move?
With the lively assortment of places to go and things to do, singles, couples, and families will never get tired of living in North Carolina. If you are looking for homes for sale, let Showcase Realty help you find the house of your dreams today!
To get started, give us a call at 704.997.3794 or you can send us a message here.
If you are not happy with your new home, we will sell it for FREE! Avail of our Exclusive VIP Buyer Satisfaction Guarantee!
FREE BUYERS GUIDE
Be empowered and know what to do when buying a home. Here is the The complete step-by-step solution,to guarantee a successful buying experience. Click to visit and download your FREE Home Buyers Guide below.
September 8, 2016
Top 11 Things to Know When Buying a Home
Once you've decided to purchase a home, there will be a lot of things to consider. Since this will be one of the biggest investments you make, it will be helpful to look over the “Top 11 Things to Know When Buying a Home” to guide you on your way and help with a successful home buying experience. The following are 11 questions you might ask, along with some helpful answers:
1. What Do I Look for in Terms of Community?
You will want your community to reflect your values and your style of living. For families, they may look for a community that is quiet and safe and that is located close to schools. Are there things that you need to be close to? Do you prefer a busy community or one that is peaceful on a rural street?
You will want your community to reflect your values and your style of living. For families, they may look for a community that is quiet and safe and that is located close to schools.
Are there things that you need to be close to? Do you prefer a busy community or one that is peaceful on a rural street?
2. How Would I Find Local Schools?
Contact the city or local school board to gather information about their school system and where all facilities are located. You might also inquire with your real estate agent who should know the area quite well.
3. How Do I Get Information about the Community?
To find out more about your community, you may want to contact the local chamber to get some welcome kits, maps and other information about the area. A visit to the library can also be a good option; going to the library will allow you to find resources on local events and activities. You can also ask your realtor or check online to see if the community has their own website or page.
4. How Do I Learn About Home Prices in Specific Neighborhoods and Communities?
This is important information that you can very well ask your realtor about before buying a home. They should be able to provide you with comparable listings to give you an idea about trending prices in the area.
5. Is There a Way to Find out About the Property Tax Liability?
Last year's property tax should be included in the listing data. If you do not see it, you may ask the seller for a tax receipt or connect with the local assessor's office. Remember that tax rates change annually and figures may change.
6. Are There Any Tax Benefits I Need to Know About?
Remember that for US residents, mortgage interest and real estate taxes are deductible. You can get more details about tax liabilities and benefits from your qualified realtor or real estate professional.
7. Does a New Home or an Old Home Have More Value?
There is not a definite answer for this question, as it really depends on what you're looking for. In general, many older homes are situated in a great location or established neighborhood and likely have lower property tax rates. Those buying a home in an older state don't mind having to renovate or do some repairs and they may be more drawn towards old-fashioned design and style.
For those who prefer a more modern home, a newer property may be the best bet. These homes have more of an up-to-date design, easier maintenance and more energy-efficient options.
8. What Should I Consider When I Look Through a Home?
When you're looking for a home, you'll want to look for your “must-haves” first and foremost. After that, consider some of these factors to help you decide if a home is for you:
* Is there a room for expansion in the future?
* Are there enough bedrooms and bathrooms?
* Is the structure of the house sound?
* Do the home's mechanical system work?
* Is your backyard large enough?
* Will your furniture fit? Do you have enough storage space? (Best to bring a tape measure)
* Will you need to do some repairs or replace anything? Is the seller going to do the repairs or replace anything for you?
* Do you think the house will be able to survive whatever weather conditions it faces year-round?
Do not rush your process of buying a home. Compare each house you visit with your agent and speak to your realtor or real estate professional about the pros and cons each home you visit from a professional stand point.
9. What Questions Should I Ask When Looking for A Home?
It's important to ask the hard questions about the issues concerning the maintenance or potential in the home. Homeowners should already be prepared to answer these questions regardless. Is there anything that will need to be replaced? What should be maintained? (HVAC, roof, carpet, appliances, paint, etc.)
Ask about the neighborhood and the house but focus on quality of life issues. Be sure to get a complete and clear explanation from the seller and your real estate professional or realtor. Do not be afraid to ask for clarification to satisfy yourself about what you need to know. It's a good idea to make up a list of questions ahead of time so that you can organize your thoughts and cover everything you want to know.
10. How will I track the homes I get to see?
If you are allowed, take photos of each home you see including the front of the house, rooms, the yard and some of the extra features you liked or that you were worried about. You may also take a second look at the properties you liked or search online; most properties will have photos posted.
If you cannot take photos, consider making notes.
11. How Many Homes Should I See Before Buying a Home?
There is no set amount of homes that you can look at before you decide on a home. Essentially, you should keep looking until you find a property that meets most of your must-haves and has the right price. An average homebuyer sees about 15 houses. It will help to take note of the houses you have visited and coordinate with your real estate professional about the ones you liked so as not to waste time.
Are you still unsure about buying a home? If you've been putting off buying a property because of your current status, then check out this great article to boost your buying confidence: Can You Guess Who the Second Largest First-Time Home Buying Group is?
Why trust Showcase Realty with your home search? Be sure to read Nancy Braun of Showcase Realty LLC Named One of America's Top 1,000 Real Estate Professionals by Real Trends, as Advertised in the Wall Street Journal. You are working with the best in the real estate industry!
We would be happy to answer any of your questions regarding buying and selling. Feel free to call us at Showcase Realty at 704.997.3794 or send us a message here!
July 8, 2016
Huge Price Reduction on A Split Level, Partial Brick Home Located in Cul-de-Sac Lot For Sale
Wonderful Split level, partial brick home located in cul-de-sac lot. Spacious living room with wood flooring. Kitchen with ample cabinet space and breakfast area over looking the den.
Lower level den with cozy fireplace. Lower level separate bedroom with private entrance. Full bathroom on lower and upper level. Upper level features three bedrooms with full bathroom. Wonderful opportunity to add your personal touch!
Huge Price Reduction Of $20K : 6615 Bluestone Court, Charlotte NC 28212
$89,900
3 Beds | 2 Baths | 1,582 sq ft | Attic | 2 Carport | Building - Storage Shed/Outbuilding
Schools:
Elementary School: IdlewildMiddle School: McclintockHigh School: East Mecklenburg
Call Nancy Braun at 704.997.3794 or email OfficeAdmin@ShowcaseRealty.net
for the most up-to-date information on this property
July 5, 2016
Townhouse Excellently Located within Minutes to a University Area For Sale
Townhouse near to shopping, dining and entertainment! This home features laminate wood flooring on main floor. Kitchen opens to great room w/ gas logs fireplace. Kitchen features lots of cherry wood cabinet space.
NEW carpet upstairs. Both bedrooms have en-suite bath &walk-in closets. Master suite has high ceilings. One car garage. Walking distance to the pool! Home warranty included.
10841 Twisted Bark Ln Charlotte, NC 28213
$119,000
1,287 sq ft | 2 Bedroom | 2.5 Bath | 1 Car Garage | Transitional House Style
Amenities: Club House, Pool
Call Nancy Braun at 704.997.3794 or email OfficeAdmin@ShowcaseRealty.net
for the most up-to-date information on this property
July 5, 2016
Price Reduced : Charming Ranch Home in West Charlotte For Sale
Home sits on beautiful wooded 1.7acre lot and features a covered porch and large back patio to enjoy your views.
Living room has a brick fireplace and built-ins,many period details through out the home.
2348 Toddville Road, Charlotte, NC 28214
$74,900
1,200 sq ft | 3 Bedroom | 1 Bath | Attic Stairs Pulldown
Call Nancy Braun at 704.997.3794 or email OfficeAdmin@ShowcaseRealty.net
for the most up-to-date information on thisproperty
