Tag Archives for " Investing "

March 27, 2015

April HUD Agent Training Workshop

HUD Agent Training Workshop

HUD Sales Training for Real Estate Agents

Tuesday, April 21, 2015 at 11:30AM – To RSVP go to https://aprilhud.eventbrite.com

Showcase Realty is offering a free HUD Sales Training workshop for Real Estate agents in the metro Charlotte area. The HUD workshop is designed to teach Brokers the secrets to closing more HUD transactions in 2015. Nancy Braun, Owner and Broker-in-Charge of Showcase Realty and Mike Maniace, Director of HUD & REO operations will conduct the 2-hour workshop.

Agents can expect to learn:

  • The selling process to better serve their buyers
  • How to navigate the HUDHomestore.com website
  • What is a HUD Home
  • How to search for properties
  • Important updates and changes to the program

Free lunch will be provided by Movement Mortgage, co-sponsor of the event. The HUD workshop is scheduled for Tuesday, April 21, 2015 at 11:30AM at Showcase Realty’s office, located at 1430 S. Mint Street in Historic South End. Seating is limited.

To RSVP go to https://aprilhud.eventbrite.com

Showcase Realty 1 Movement Mortgage

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March 18, 2015

HUD Home of the Week – 414 Leander

HUD Home of the Week

414 Leander Street is a very charming 1-story home in Shelby, North Carolina that is an incredible deal at only $66,800, more than 43,000 below tax value.

The home has a cozy front porch, is more than 18 hundred square feet and sits on a third of an acre with lots of mature trees. This is a 3-bedroom 2-bath home with many interior period details. It features hardwood floors, a fireplace and crown molding throughout. The home has an open kitchen, tons of natural light, a bonus room and an unfinished basement perfect for extra storage. It has easy access to HWY (74) and is close to dining and entertainment in Shelby.

For more information on how to purchase this HUD home contact Showcase Realty today at 704-997-3794 or visit our website at Showcaserealty.net

February 12, 2015

Showcase Realty Announces Promotion and New Talent

Showcase Realty is pleased to announce the promotion of Mike Maniace to Director of HUD and REO Operations, as well as welcoming new hires, Sally Taylor and Stephanie Earl. Showcase is delighted to be a part of their professional goals and achievements and excited to see the company expand as well.

Mike Maniace to Director of HUD and REO Operations

Mike Maniace to Director of HUD and REO Operations

Mike Maniace started as an agent at Showcase Realty in 2009 and was soon promoted to Director of HUD. Under Mike’s leadership Showcase surpassed $12M in HUD home sales in 2014. He excelled in his position and streamlined this division of Showcase Realty. Nancy Braun, owner and Broker-in-Charge of Showcase Realty named Mike Director of HUD and REO Operations in January 2015. Mike now heads up one of the top HUD & REO real estate offices in the Carolinas. He handles every aspect of HUD & REO transactions from cradle to closing.

Nancy Braun describes Mike Maniace as an exceptional person who expanded his role at Showcase Realty and improved his division’s operational system with his great customer service. “Mike’s managerial skills helped to streamline our HUD division and we are thrilled to have him do the same for our REO division,” says Braun.

Mike hails from upstate New York and has been a real estate agent for 8-years. He earned an Associate’s degree in Environmental Science from Genesee Community College in Batavia, NY. Mike began his professional career as a manager for Enterprise Rental Cars. He relocated to Charlotte in 1999 and became Real Estate Agent at Keller Williams before joining Showcase Realty. Mike finds the most joy in real estate in the customer service interactions. He loves being a part of the first-time home buyer experience and also seeing clients move up from their first home into their dream home. Mike is a licensed broker in North and South Carolina and a member of the National Association of Realtors, the Charlotte Regional Realtor Association and the North Carolina Real Estate Commission.

Stephanie Earl Real Estate Admin

Stephanie Earl Real Estate Admin

Showcase Realty also welcomes new hires Stephanie Earl and Sally Taylor. Team player, Stephanie Earl joined Showcase with a laser focused mission to provide our client’s with stellar service. After graduating from East Carolina University, she returned to Charlotte and obtained her NC Broker license. Stephanie’s focus will be on Nancy Braun’s retail listings for current and prospective personal clients. Stephanie looks forward to growing at Showcase and using her exceptional communication skills and leadership personality.

Sally Taylor HUD Accounts Specialist

Nancy also welcomes Sally Taylor to the Showcase team. Sally joins Showcase as a HUD Accounts Specialist, working with Director of HUD and REO Operations, Mike Maniace. Prior to her position at Showcase, she was a Foreclosure Specialist and then was promoted to Foreclosure Supervisor at RoundPoint Mortgage Servicing Corporation in Charlotte. Sally is sharp real estate professional eager for the growth potential available at Showcase.

Showcase Realty is an innovative boutique Charlotte real estate firm located at 1430 S. Mint St. in the Historic South End district.  Owner and Broker in Charge Nancy Braun founded Showcase Realty in 2008 on the principles of innovation, teamwork, and community mindfulness. Committed to selling homes and surpassing customers’ expectations, Showcase provides professional service, personally delivered. For more information visit www.showcaserealty.net.

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January 15, 2015

Charlotte homes see drop in negative equity

Charlotte NC equity drop

Charlotte homes see drop in negative equity

Courtesy of the Mecklenburg TIMES

By: Roberta Fuchs January 13, 2015

The number of the Charlotte area’s mortgaged homes with negative equity fell to 6.8 percent in the third quarter of 2014 from 8.4 percent in third quarter 2013, according to CoreLogic.

 

The third-quarter 2014 figure rose slightly, however, from the second quarter of 2014, when 6.7 percent, or 31,652, of the homes in the Charlotte-Gastonia-Concord metropolitan statistical area carried negative equity. In the third quarter, that figure was 32,244 homes.

 

Negative equity means that borrowers owe more on their mortgages than their homes are worth. The situation can occur because of a decline in real estate value, an increase in mortgage debt, or a combination of both.

 

The CoreLogic report found that an additional 3 percent of area homeowners with a mortgage in the third quarter had near-negative equity, or less than 5 percent equity in their homes. The number of Charlotte area homes in near-negative equity decreased from the previous year, when 4.1 percent of homeowners with a mortgage had less than 5 percent equity in their properties.

 

The number of mortgages that were near negative equity in the second quarter of 2014 was 2.9 percent.

 

John Chesser, senior analyst at UNC Charlotte Urban Institute, says he believes the year-over-year decline in negative and near-negative equity reflects the steady recovery in the overall housing market, and strong growth in the local employment rate, which has boosted Charlotte-area home sales.

 

“The rise in negative equity during the recession was a natural consequence of the rapid drop in home values,” Chesser said. “Now, lending is tighter, so new home purchases result in a more solid equity position for purchasers and the overall rise in prices is helping reduce the negative equity situation that existing owners have been in over the last few years.”

 

Nancy Braun Showcase Realty
Nancy Braun
, owner and broker-in-charge of Showcase Realty in Charlotte’s South End, agrees. She attributes the drop in negative equity to a strong appreciation in housing prices, which is a reflection of the local economy.

 

“Plus,” she said, “We still have investors purchasing in the Charlotte-area market, which has bumped up prices as well. Low inventory is also boosting higher offers.”

Continue reading at The Mecklenburg TIMES

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October 3, 2014

Showcase Realty Ranked among Industry’s Fastest Growing Companies

Home For Sale in Charlotte NC

Nancy Braun Showcase realtyNancy Braun, owner and broker-in-charge of Charlotte- based Showcase Realty, LLC is thrilled that Showcase is among a very elite group of companies with the announcement of its ranking of 46th in HousingWire’s Fast50TM.  HousingWire is the nation’s most influential industry news source for the U.S. housing industry. More than 400 companies were considered for this year’s program, spanning both private and public businesses representing all sectors of U.S. residential mortgage lending, servicing, investments, and real estate operations. Roughly one-third of the companies recognized on the 2014 HW Fast50 are privately held. Showcase Realty HousingWire Fast50

Showcase Realty is the only company in North Carolina and the only real estate brokerage firm to rank in the Housing Wire Fast50 for 2014. “We are honored and thrilled to be among HousingWire’s highly respected list of leaders in the housing industry, says Braun. “We attribute our growth to our exceptional team members and our commitment to giving back.”

The 2014 HW Fast50™ is ranked according to percentage revenue growth between 2012 and 2013, and includes both public and privately held companies. To qualify, companies must have been founded and generating revenues by January 31, 2012. Companies must be for-profit and must have earned at least $50,000 in revenues during the 2012 calendar year.

HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. The 2014 HW Fast50 is featured in the October 2014 issue of HousingWire Magazine, and can be found online at http://www.housingwire.com/2014fast50.

Charlotte, The New Atlanta

Charlotte The New Atlanta

Last week The Huffington Post released an article listing “America’s Top 5 Cities To Keep On Your Radar,” with Charlotte coming in at number 3 on the list of cities. Charlotte, dubbed the new Atlanta by the author states that Charlotte is quickly catching up to one of the largest major southern cities. The article portrays Charlotte in a great light saying, “With the addition of the new BB&T Ballpark, a buzzing nightlife scene geared toward professional singles AND the return of the original Hornets team name, Charlotte is lookin’ good.” We at Showcase would have loved to see something about our thriving real estate market and our Carolina Panthers but we will accept the number three spot on the list!

Kansas City came out on top of the list recognizing their jazz, barbecue, and their affordable prices around the city. The south was also represented with Richmond in the second spot and San Diego and Minneapolis rounding out the rest of the list.

 

September 23, 2014

‘Money’ Magazines Best Big-City Bargains

Number 1 best place to live in America

With its annual list of “Best Places to Live in America” Money magazine lists Charlotte as its number 1 in the “big-city bargains” category. This list is was created by ranking cities with over 500,000 residents on housing affordability, economic strength, upcoming forecasts of home prices, and livability. Highlighted in the article were two well known neighborhoods in the Charlotte area, Plaza-Midwood and Mountain Island Lake. With these neighborhoods boasting easy access to the center city, Money, paints a picture of the neighborhoods in a great way.

“Just 10 minutes by car from the center of Charlotte, this artsy, bike-friendly neighborhood is an interesting mix of the gritty and the pretty: You’ll see tattoo parlors alongside antiques shops and beautiful historic architecture.” The magazine explains that Plaza-Midwood offers, “a year-round calendar of public events, including concerts, road races, and a candlelight house tour.”

The second community highlighted in the list is located 20 minutes northwest of center city Charlotte, Mountain Island Lake is “rated one of the most family-friendly neighborhoods in the state by real estate data firm NeighborhoodScout.” Rivaling Charlottes well known Ballantyne neighborhood, this up and coming neighborhood is being marketed as “a thrifty alternative” with many outdoor activities.

North Carolina represented well in the many lists with Cary ranking number 19 on the overall list of best places to live and Chapel Hill making number 36. Cary was also highlighted number 9 among the best places to find a job in the United States.

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September 18, 2014

Millennials on the Move to Charlotte

RealtyTrac
Charlotte Real Estate Showcase Realty

Many Millenials are moving to the Charlotte area.

RealtyTrac, a real estate information company, recently analyzed data from the Census Bureau and they were able to track the migration patterns of millennials from 2007 to 2013. As you can see from the map and the information these generation y buyers are on the move to the Charlotte area with a 32 percent increase in recent years.

Daren Blomquist, Vice President of RealtyTrac, was quoted saying “The millennial generation is the key to a sustained real estate recovery. Naturally, millenials are attracted to markets with good job prospects and low unemployment but that tend to have high rental rates and high home appreciation.”

With the exponential amount of jobs being added and the establishment of major sports teams, Charlotte is becoming an appealing location for many recent college graduates to either move to or move back to.

According to a new report released this week from The Demand Institute, Millennials and Their Homes: Still Seeking the American Dream, millennials are expected to make the move to the suburbs within the next 5 years. In fact, Millennials are expected to form 8.3 million households over the next five years and by 2018 they are projected to spend $1.6 trillion on home purchases.

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September 15, 2014

Nancy Braun Speaks at the 2014 Five Star Conference

Nancy Braun Speaks at the 2014 Five Star Conference
Force Rally, Showcase Realty

Nancy will be attending the Force Rally this week!

On Sunday, September 14 Nancy Braun welcomed the Force members, asset managers, and servicers to the 2014 Five Star Conference held in Dallas, Texas. The fourth Nancy Braun Showcase realtyannual force rally is an academic and networking opportunity for agents and brokers to meet with leading lenders, servicers and asset managers. As one of the Force Advisory Board members Nancy is striving to make this year one of the best conferences yet.

Through round table discussions, panels, and keynote speeches  the force rally will educate all of its attendees with the newest information in compliance, foreclosure, investment, property management, REO and servicing.

The keynote engagement will be an exclusive Q&A with President George W. Bush and Mrs. Laura Bush which will be hosted by their daughters. Within the main expo hall will be 444 tables with different organizations that will be participating in the conference.

Check back with the Showcase twitter and Facebook for more information on where Nancy will be located and events she will be attending.

September 10, 2014

4 Important Steps To Fix & Flip Success

4 Important Steps To Fix & Flip Success

4 Important Steps To Fix & Flip Success

Fixing and flipping real estate has become more and more popular. There are tons of Reality TV shows hyping the drama of flipping mistakes, contractors and unforeseen real estate nightmares.

Not to fear, tune into to this podcast of “How’s the Market: Real Estate. Real Answers” with Nancy Braun, host and owner of Showcase Realty along with by Wes Pruitt with Reliance First Capital and contractor Jim Potter with Old Towne Development Corporation to talk about the four important steps to fix and flip success.

Highlights:

Fix and flip means to me investing in real estate instead of investing in the stock market or your IRA, or other 401K plans. Take some of that money and diversify it and put it into dirt and some, not just land but also you know, some construction whether it’s commercial or residential. – Nancy Braun

When you take a house and turn it into a gym, and you remember you took pictures, you remember what it used to look like and you see it now, and it’s just a, you know, makes for a real satisfying endeavor. – Jim Potter

Conventional loans, Fannie Mae also has several programs available for first time homeowners as well as investors. For home improvements on properties to fix and flip, there’s a tremendous amount of opportunities, a lots of money available to do that. – Wes Pruitt

Communication is really the key. The client really needs to explain to the realtor what it is they’re looking to accomplish. That way you’re both on the same page and you can really get the best of both worlds that way. – Wes Pruitt

Budgeting is critical to the process of renovating the house that you’re gonna sell because you have a price in mind that you wanna sell that house for and you probably can’t go much higher than that. So you have to make sure that what you’re gonna spend on the house that you’re gonna buy is not gonna be certainly any more than that and you want to have a profit margin in there so you have to allow for that. – Jim Potter


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