Tag Archives for " Nancy Braun "

What Questions Should You Ask Before Buying a Charlotte NC Home?

Charlotte NC Homes - Protect your investment by asking the right questions in buying your Charlotte NC home for sale.

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.

Real Estate Properties in Charlotte NC

OPEN HOUSE: Charlotte NC Home for Sale | 9416 Hampton Oaks Ln 28270

Charlotte NC Home for Sale

Grab the chance to own this home for sale in Charlotte NC! This jaw-dropping ranch is located in South Charlotte’s premier neighborhood Providence Plantation on one of the most coveted tree lined streets located on a wooded and private acre lot.

Homeownership Open House Opportunity! –9416 Hampton Oaks Ln, Charlotte, NC 28270– This SUNDAY! June 3 – 2PM – 4PM!

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 Charlotte NC homes for sale and similar properties in surrounding areas, visit: www.ShowcaseRealty.net.

OPEN HOUSE: Gastonia NC Home for Sale | 4331 S Falls St. 28056

Gastonia NC Home for Sale

Don’t miss out on this fabulous ranch home on large corner lot! This Gastonia NC home for sale is owned by the US Dept. of Housing Urban Development with over 858 sq. ft. of living space!

Homeownership Open House Opportunity! –4331 S Falls St, Gastonia, NC 28056 – How to be a homeowner successfully purchasing this HUD-owned home in Gastonia North Carolina! This WEDNESDAY! May 23 – 4 PM – 5PM!

Seller makes no representations or warranties as to property condition, HUD Homes are Sold “As-Is”. Pre-1978 Properties to include LBP Notices, Seller may contribute up to 3% buyer closing costs, upon buyer request when bid is placed on this home for sale in Gastonia NC.

If you have any questions, you can call Nancy Braun at (704) 997-3794!

If you’re looking for Gastonia NC homes for sale or similar properties in surrounding areas, visit: www.ShowcaseRealty.net.

Why You Should Hire a Property Manager in Charlotte NC

Nancy Braun Realtors

In the latest episode of Charlotte Today, Nancy Braun shares some compelling reasons why hiring a property manager is a smart move.

Managing a rental property can be financially rewarding. You get to sit back and collect rent. However, it also comes with many unique challenges such as a tenant who refuses to pay and maintenance problems. Being a landlord requires serious commitment and effort.

Nancy talks about why it is in your best interest to hire a property manager. Her team of experts at Carolina Property Management have access to a wealth of resources that enable them to find new tenants faster, helping you keep your vacancy rates down.

Having a property manager also reduces your legal and financial headaches. An excellent property manager will know the latest landlord-tenant laws, helping you steer clear of any potential lawsuit. Aside from federal law, each state and municipality has its own legal rules concerning tenant screening, safety and condition of the property, inspections, evictions, and more.

You can also preserve the value of your investment with regular maintenance. With Nancy’s team, you have access to top maintenance staff, as well as their network of licensed contractors who have already been vetted for good pricing and quality work. You don’t have to be the on-call maintenance person anymore. With a property manager, you will have someone perform routine maintenance for you, preventing small issues from becoming major problems.

Your property manager can also help you set the right rental rates based on a thorough market study of your area. This will ensure that you can maximize your monthly income while maintaining a low vacancy rate.

By hiring a property manager to take care income property, you’ll be free to spend your time identifying further investment opportunities or doing things that you love. Call Nancy Braun today at (704) 997-3794 to get started.

Eugene: If you own a rental home, you know what a big job it is to lease and maintain a property that’s why you should consider hiring a property manager to help you.

Coleen: Here with more is Nancy Braun with Carolina Property Management. Nancy, good morning and welcome to Charlotte Today.

Nancy: Good Morning.

Coleen: A lot of people have rental properties as an investment or another means of income. So let’s talk about reasons why those people should hire a property manager. The first being, they can see because they can see because it costs them a lot of money.

Nancy: That’s right, so we have a database of thousands of tenants that are already waiting and looking for properties so we can get our properties leased typically within 15 days. Regular homeowners try to put it on craigslist, they try to market it, they put a little sign on the yard, it can take months before they have a tenant, that’s going to cost them thousands of dollars of a vacant home, versus spending a few hundred dollars for a property manager to maintain the property, take care of it in many, many different aspects and get it occupied so they’re not going to lose all that income.

Eugene: You know what my mom refused to get a property manager she wanted to do it on her own but this component she doesn’t know about the fair housing laws, strict rules she doesn’t know, can you tell us about that?

Nancy: That’s right, so we’re all under the same guidelines. So we have to abide by the fair housing laws, we have to make sure we’re not discriminatory, that we don’t do anything in violation of the ADA Act which is American Disabilities Act. And there’s even some rules about pets, so people can say, that’s a service dog and if I say “No pets allowed”, you’re in violation of those rules as well because that’s a disability.

Coleen: And those are the things that you and your team of experts know. It’s second nature to you while a homeowner may not know those things.

Nancy: You can’t ask for instance “Oh, how old are your children?” or “Do you have children?” Simple thing, you know, that’s discrimination.

Coleen: Alright, also maintenance calls. If you’re a homeowner you may not want to deal with those calls late at night or on the weekend, a property manager can fill that for you and there are a lot of reasons why it’s a good thing too, aside from the inconvenience of it.

Nancy: That’s right, so It is inconvenient and there’s going to be calls late at night like you said but we also have a pool of contractors that can jump out and come in and service the property really quickly. Because we give a volume of business to them so they are going to put us at the top of their list, and they give us competitive bids, they’re going to be competitive so it’s actually going to save them money because we give them such a volume of business. That is critical,  not just handling the emergencies, it’s the ongoing maintenance of the property, it’s the things that you might overlook. The roof might need to be replaced. The peeling of the paint on the exterior may lead to wood rot if you ignore it. What about termites? So we’re going to make sure that the smoke detectors are working, the carbon monoxide detectors. We go in and check to make sure the filters are being changed. That’s something that maybe a regular layperson homeowner might not think about.

Coleen: When the property is well maintained, it really helps the tenant that you might have in your home too, right?

Nancy: That’s right. You’re going to get a, far better quality tenant if that home is showing beautifully just like a regular home for sale. So it’s got to shine, it’s got to be sparkling. You know I have a tenant moving in at one of my properties, I have a deep cleaning going on right now. I have landscaping, pine needles being put out, tree limbs being trimmed. That way when I start out fresh, that tenant’s going to feel like “This is a great home, I’m going to maintain it and take care of it” because obviously the owner does too.

Eugene: The owner may not live in the same city or state and the tenant he could be there or she could be there. You do online component that really service both the tenant and the customer, right?

Nancy: So the tenant can go ahead and go online and do a maintenance request, they can also make their payments online. The homeowner can go online and see all the reports, all the repairs that are being done, submit that to their accountant for taxes they can know what’s happening. So they’re abreast of the condition of their property. They see pictures so they have access to all that. The online component’s great. But the other thing, that California person might know what the rental rates are so they might be shooting in the dark, they might say “Well I’ve rented out for a thousand dollars, well I might be able to get fifteen hundred because I have the data and the stats,  and I know neighborhood areas and I know which areas are more desirable than others for tenants.

Coleen: Also, property managers can manage the trust account for security deposit retention.

Nancy: That’s right, so most people that are not in the industry don’t realize that the security deposit must be put in a trust account. If it’s not in a trust account, they might be forfeiting that security deposit so if you want to hold back that security deposit after the tenant leaves because they didn’t pay rent, they caused damage. That tenant might say “Well where is the evidence that it was being held in a trust account?” and if not the judge is going to rule in favor of the tenant.

Coleen: Lots of compelling reasons to hire a property manager for sure. To learn more, call Carolina Property Management, the number is 704 550 4854, again 704 550 4854. You can also visit, NancyHasTheTenants.com go to that website NancyHasTheTenants.com. Nancy Braun, thank you.

Nancy: Thank you so much, it was a pleasure!

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. 

OPEN HOUSE: Tega Cay SC Home for Sale | 634 Andover Ln 29708 |

Don’t miss your chance to own this custom home with stone and brick on cul-de-sac like lot with walk out basement!

Homeownership Open House Opportunity! – 634 Andover Ln, Tega Cay, SC 29708 – How to be a homeowner successfully purchasing this HUD-owned home for sale in Tega Cay SC! This SATURDAY! April 28 – 12 PM – 3PM!

Tega Cay SC Home for Sale

Home features a chef's dream kitchen, large Master Suite upstairs with sitting area and luxury bathroom with dual vanities, living room with fireplace, 2 decks and patio overlooking the pond and golf course, and an extended driveway.

If you have any questions about this Tega Cay SC home for sale, you can call Nancy Braun at (704) 997-3794!

If you’re looking for Tega Cay SC apartments, Tega Cay SC homes for sale and similar properties in surrounding areas, visit: www.ShowcaseRealty.net.

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.

OPEN HOUSE: Home for Sale in Gastonia NC | 1060 Laurel Ln, 28054

Great full brick ranch with basement on large acres!

Homeownership Open House Opportunity! –1060 Laurel Ln, Gastonia, NC 28054 – How to be a homeowner successfully purchasing this HUD-owned home for sale in Gastonia NC! This SATURDAY! April 7 – 10 AM – 12PM!

This Gastonia NC home for sale features wood floors in most of the rooms throughout, tiled bathrooms and so much more. Home has a lot of potential!

Schools

  • Elementary School: Sherwood
  • Middle School: Grier
  • High School: Ashbrook

If you have any questions, you can call Nancy Braun at (704) 997-3794! She will help you choose among the homes in Gastonia NC the one that best suits your needs.

If you’re looking for houses for sale by owner in Gastonia NC, homes in Gastonia NC for rent, similar properties in Gastonia North Carolina or in surrounding areas, visit: www.ShowcaseRealty.net.

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.

 

1 2 3 53