Tag Archives for " Charlotte Realtors "

4 Reasons to Invest in Housing in Charlotte: Why 2014 will be a Great Year

key, 2014, house key, invest in Charlotte NC real estate, Charlotte NC homes for sale, Charlotte NC foreclosures, Charlotte NC short sales, Nancy Braun, Showcase Realty

 

We’ve all seen the news about big investors making their way through Charlotte buying up hundreds of properties. And if you’re like me, you were left wondering, “How can I get in on the action?”

Now that the major investment companies have all but left Charlotte, some people said it was a sign that the time to buy is behind us.

 

 

Well they’re wrong!

Forbes ranked the top 20 U.S. Cities that were the best places to invest in housing in 2014; Ranking the Charlotte-Concord-Gastonia area No. 3!

Why?

Without these big investment companies, there is more opportunity for the rest of us to still get a great price on a new home.

The most important factor now is TIME!

As with any good deal, you need to act quickly while the prices and rates are still low to get the most bang for your buck, as they say.

This ranking reviewed the top 100 metropolitan areas using US census data. These 100 cities were then ranked on four factors: Population, home prices, home value and the local job economy.

Charlotte achieved the third spot because it has high population and job growth, and relatively low home prices that are most importantly, undervalued.

All together it makes buying a home in Charlotte a relatively low-risk investment.

The key to this ranking is the price that homes would have been without the recession and other external factors.

 

\As long as homes prices are below this price, then the home is undervalued, and typically a good investment.

In Charlotte, homes are 15% undervalued. That’s an average savings of over $36,000!

What this really means:

Buyers: Charlotte is one of the best places to invest in the entire country. This is because of its potential for growth and improvement, along with its low priced and undervalued homes.

Whether you are buying a home for yourself or looking for an investment property, the key is to buy now while the prices and mortgage rates are still low.

As the rates and prices gradually increase, this is fewer savings in your pocket.

If you are considering investing in Charlotte this year, please leave a comment in the section below. We welcome your thoughts on why you think it’s a great deal. And if you don’t, tell us why as well.

If you are ready to get to make the next move, click here for some of best deals hitting the market now!

New Year’s Resolution: A Guide on Selling Your Home in 2014

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Champagne, New Year Eve, 2014, Night, Party, Gold, Showcase, Realty, Showcase Realty, Orange, Bats,Charlotte NC fall events, Charlotte NC homes for sale, Charlotte NC real estate, Showcase realty, Nancy BraunAfter years of declining home values, 2014 could be the year for all home sellers, especially in Charlotte, NC. So if you want to sell your home, be sure to put your best foot forward. To start, here’s a quick guide to help you sell your home in 2014.

 

Change your real estate agent. If your agent wasn’t able to sell your home this year, then you might need to change to another agent. Maybe, that simple change can make all the difference you need to finally sell your home because of newer strategies or approach.

 

Hire a professional photographer. This is considered one of the most important yet overlooked steps in property marketing. Since we live in the Internet generation, there’s a higher chance of selling your home if it is posted online or in advertisements where pictures are necessary. With the help of professional photographer, he can help make your house look great that will surely entice a lot of buyers.

 

Get help from home stagers or designers. Most real estate agents work with some excellent home designers and stagers so be sure to get their services too as they can help enhance the overall look and feel of your home. Although other homeowners believe that this is a waste of money, there are actually home stagers that charge per hour, which is an advantage on your part.

 

Screen your buyers. To save time, you need to make sure that your potential buyers are preapproved. This means that need to have their credit and employment checked to determine the amount they can borrow. This is part of your agent’s responsibility to get in touch with your buyer’s loan officers.

 

Have your property inspected. If your home hasn’t gone through inspection yet, then you must consider doing this now. You have to allot a few weeks or months so the inspector can assess and repair your home of its big and small problems. Remember, most buyers prefer to purchase a home that doesn’t need too much repairs.

 

Use other marketing options. Have you exhausted all marketing options available today? If not, then be sure to research for other possible marketing options today aside from newspaper ads or flyers. This includes using Facebook, Twitter, Pinterest, LinkedIn and other sites that buyers usually check. If you hired a well-experienced and reliable real estate agent, then this won’t be a problem because he should know the necessary marketing options available today.

 

Ready to take the next step? Showcase Realty is here to help! If you have any questions or concerns regarding the sale of your home, we can provide honest and knowledgeable answers. Showcase Realty can sell your home fast and for top top dollar. Contact us today! 704.997.3794.

Radio Show Recap: Renting Vs. Buying: Which Is Better For You?

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Renting, Buying, Crossroads, Charlotte NC real estate, Charlotte NC investors, Charlotte NC foreclosures, Charlotte NC homes for sale, Charlotte NC short sales, Showcase Realty, Charlotte NC Short Sale AgentsDid you miss our radio show that aired live last Sunday, November 24, 2013 at 10:30 AM? No worries, if you missed it or want to listen again you can watch the podcast available now on ITunes and coming soon to www.charlottemarketradio.com.

 

Our last episode discussed one common dilemma most homeowners face and this is renting versus buying, which is better? According to Mecktimes and Trulia’s statistics, buying a house is better than renting one; specifically if you live within Charlotte, North Carolina. During the summer of 2013, buying a home was actually cheaper by 44 percent than renting. The difference between both narrowed since summer of 2012, where it was 54 percent cheaper to buy than to rent.

 

Furthermore, by Trulia’s estimate, the mortgage rate tipping point, when renting becomes cheaper than buying, is at 13.3 percent for Charlotte. And according to Bankrate.com, the current mortgage rates are 4.12 to 4.62.

 

The benefits of owning a home were also presented, here are a few:

  • When paying money towards the principal on your loan each month, you increase the percentage of your home that you own.
  • Mortgage payments remain the same with a fixed rate loan. Rent costs, however, inevitably go up.
  • You gain from the appreciation on your home. The whole house appreciates, not just your down payment.

 

On the other hand, the downside of renting was also discussed.

  • In renting, you do not accumulate equity. You are essentially giving away your money each month. Why are you buying your landlords home?
  • The landlord benefits from the appreciation values, not the tenant.
  • The landlord benefits from your work and improvements on a house or apartment that you rent.

 

 

For first time homebuyers, there are special lending programs you can rely on like HUD homes. If you live in Charlotte, be sure to get a certificate first from attending an 8-hour Home Buyer workshop and get up to $7,500 which you can use as down payment and closing costs.

 

For those who have been hurt by the economic downturn by a short sale or foreclosure; good news because you can now purchase a house in much less time because of a recent change in the rules. FHA has loosened their guidelines allowing borrowers to get a home loan in as little as 12 months after a foreclosure or short sale.

 

Last but not the least, the 3 most common myths of buying versus renting were also discussed, which are as follows:

 

Myth #1 A bigger down payment is always better

 

You don’t need to put 20% as down payment..

 

Myth # 2 You get more for your money in the suburbs

 

Savings from lower-cost housing often are wiped out by unexpectedly high transportation costs.

 

Myth #3: Renters escape property taxes

 

Renters don’t pay property taxes directly; any business minded landlord factors in all of their carrying costs into their rental rates so it’s like they’re paying the taxes of the landlord.

 

For more information and elaboration on the topics discussed, listen to our podcast.

On the next episode of our radio show, we will discuss how to get your home ready for the market. If you have any questions or clarifications, please don’t hesitate to call us at 704-440-0007. We’re always happy to answer your queries.

How color of a room can affect you

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Does the color blue relax and calm you? Do you feel anxious when you are in a yellow room? Well, did you know that your environment has a direct effect on your emotions and your state of mind?

 

Although people perceive colors differently because it’s subjective, there are certain colors that have a universal effect on people. Hence, it is important that you know these effects to assist you in deciding the color of your room and other parts of your house. Below is a guide to help you out.

 

Red. Red has been strongly associated with anger and intensity, which is why you should avoid using this as the main color of your room. But it also stimulates a person’s energy that promotes enthusiasm and liveliness.  Hence, it’s good to choose this color for your living room or dining room as it helps draw people together and stimulates conversation.

 

Yellow. Yellow is a color usually associated with happiness and being cheery. Hence, it’s a perfect color for kitchens, bathrooms, and dining rooms. However, this isn’t a color you must consider for rooms because it’s likely that people will lose their temper. Babies also tend to cry more when inside a yellow room.

 

Blue. Blue is well-known to have a calming effect so it’s one of the best colors for a room but it should be softer shades of blue since darker shades have an opposite effect. It also helps in in bringing down blood pressure and slowing down respiration and heart rate. At the same time, warmer blues have a relaxing effect in social areas so you can also use this in family rooms, living rooms, and large kitchens.

 

Green. Similar to blue, the color green also has a calming effect that helps relieve stress as it relaxes them. It’s even associated with fertility so it can also be one of your choices for the bedroom. It can also be used in other parts of the house like; the kitchen, as it cools things down, the family room or the living room as it encourages relaxation, warmth, comfort and togetherness.

 

Orange. Orange is a color associated with enthusiasm, excitement, and energy. However, this isn’t the color you should choose for your bedrooms or social areas, but it’s a great color for your workout room. It brings out all the energy you need to do your fitness routine.

 

Purple. Purple is color that conveys wealth, royalty, and sophistication. It also conveys wisdom as well as spirituality. But like the color blue, you should choose the lighter versions of purpose such as lilac and lavender if you like to use this for your bedroom.

 

White. The good thing about white is it helps make the room appear bigger and spacious, but it also makes the room seem unfriendly. It’s also described as cold, bland and sterile which is why hospitals usually use white as it creates a sense of cleanliness and sterility.

A Brief History of Halloween

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Just like other holidays and important events, Halloween has evolved a lot since it started thousands of years ago. As one of the world’s oldest holidays, it has been celebrated today by more individuals from different parts of the world than ever before.

 

The term Halloween was originally spelled as “Hallowe’en,” which is contraction of All Hallows Eve, a term for the day before All Hallows Day, otherwise known as All Saints Day. The latter is a Catholic holiday celebrated on November 1 since the early Middle Ages where Christian saints along with martyrs are commemorated.

 

The history of Halloween originates in the ancient Celtic festival regarded as Samhain, a celebration of the end of the harvest season in the Gaelic culture. The ancient Gaels believed that, on October 31, there is an overlapping of the boundaries between the world of the living and the dead. At the same time, the deceased would come back to life and will cause havoc like sickness. Based on the prehistoric observance, Halloween used to mark the end of summer and the onset of winter where people celebrated it with sacrificial offerings, homage to the dead, feasts, and bonfires.

 

Like the Celts, the European people during that time also believed the same thing; that the spirits of the dead would came to visit the earth during Halloween. However, they feared that the spirits would hurt them or cause problems, which is why during the night they wore costumes to look like ghost and other evil creatures. They believed that by doing such, the spirits would think they’re also dead and they would remain unharmed. As the Europeans migrated to the United States, they brought such tradition with them.

 

“Trick or treat” entered the picture when there was an increasing number of Halloween pranks and mischief during the 1920s and 1930s. Schools and communities want to curb the increasing number of vandalism that’s why they encouraged the “trick or treat” concept. But the practice we do and see today where children wear costumes doing “trick or treat” started only during the mid-1940s.

 

Today, Halloween is the second most commercially successful holiday next to Christmas and is the third biggest party being celebrated yearly behind New Year as well as Super Bowl Sunday. Men and women of every age now celebrates Halloween in different ways like decorating their homes, wearing odd costumes, joining parades, and more. But we all have to remember, as long as we celebrate Halloween in a safe and happy way, then there’s no problem with celebrating it in different ways.

August 22, 2013

7 Best Strategies to Prevail in a Bidding War

hands reaching up to grab a house key in a multiple offer situation of charlotte nc real estate and charlotte nc homes for sale by showcase realty
 
 

“Will I get

a second chance?

Will the seller

counter my offer?”

hands reaching up to grab a house key in a multiple offer situation of charlotte nc real estate and charlotte nc homes for sale by showcase realty

Many real estate markets are experiencing higher buyer demand than supply. In Charlotte, N.C., we currently have a 5 ½ month supply of homes; less than a 6 month supply is considered a Sellers’ Market. A good house in this market will likely receive multiple offers. Follow these strategies to prevail in a bidding war.

 

1.     Submit your highest and best offer as soon as possible. I am often asked, “Will I get a second chance or will the seller counter my offer?” Probably not, the Seller will likely negotiate with the best offer and reject all others. So, if you really want the home, submit your best offer up front.

2.  Keep your offer clean and simple. If you don’t need closing costs paid by seller then don’t include that in your offer. Don’t ask for personal property. You can always ask for small things later, and wait for the home inspection to ask for repairs. Pay for the home warranty yourself; they are inexpensive (typically under $500) and not worth losing the house.

3.     Have your agent call the Seller’s agent to ask why they are selling. Price may not be the priority; it may be speed, flexibility or a certain closing date. Unless you ask, you won’t know what the seller will consider the most acceptable offer.

4.     If you are able, submit the offer not subject to it appraising. This is a volatile market and appraisals are subjective, not scientific. Without this, there is a better chance the deal won’t fall out and the seller won’t have to worry about negotiating the purchase price later.  However if you plan to finance, make sure you can pay the difference of the appraised value and what you agreed to pay for the home, since your lender will only give you a loan up to the appraised amount.

5.     Write a personal letter to the seller, unless the property is bank or business owned. Tell the seller why you want the home and how you will enjoy certain features.

6.     Submit complete paperwork. This includes the contract, pre-approval letter and earnest money check. If possible, include a preapproval letter from a reputable lender with the property address on it.  A certified check is better than a personal check for the Earnest Money Deposit, and it should be higher than the standard for your area. This shows good faith and your commitment to buy the property.

7.     Your offer should be higher than the list price.  It should be as much as you think the home is worth plus a few dollars. Or you can offer to pay $1,000 more than the highest offer up to a certain amount. Interest rates are low right now so this additional amount over 30 years won’t amount to much.

Use these strategies to put your best foot forward.

Good luck!

                                      

July 10, 2013

Good Interior Design

Making it Home: Good Design

Almost nothing can impact your living space like good interior design can.  But many people don’t know which design concepts will make the most of their homes. This post gives you bite-sized ideas to consider as you decorate or fully remodel your home.

While they’re not particularly common in the Charlotte area, some homes include a basement. Even if it is only semi-finished, a basement can be transformed into a great space to entertain, play or relax. If you are ready to start designing your home and have a basement, think about what you can do to make it a place that you can and your family and friends will enjoy. Basements may also have rental potential … check local regulations.

You may not be able to retile your bathroom or replace your bathtub, but you can always admire the effect of new towels. Try bold colors if your bathroom seems a bit drab, or calming colors like blue and green if you want to create an oasis.

Consider all types of flooring. Don’t limit yourself to carpeting … consider whether tile or hardwood floors would make the room look better or add a different feel. Modern and sustainable, bamboo floors create a vibe different from

Interior design has the ability to completely transform an ordinary room into something truly exceptional, but many people don’t devote sufficient time and energy. Check back often to form a winning design strategy for your living spaces. There will be more design tips coming soon!

July 3, 2013

4th of July in Charlotte

From Fireworks to Festivals the Queen City is Bursting with Patriotic Festivities

Festival Calendar

Today, June 3

 

WBT Skyshow

Charlotte Knights Stadium

2280 Deerfield Drive

Fort Mill, SC 29715

Phone: 704-357-8071

 

 

News Talk 1110 WBT and 107.9 The Link presents Skyshow 2013, the largest Fourth of July fireworks display in the Southeast on Wednesday, July 3rd 2013 at Knights Stadium. Doors open at 5:00 PM. Baseball, fireworks and fun come together for Skyshow 2013! Come early for the pre-game festivities including live music, food, drinks, an interactive kids area, prizes and more! After the game, we will honor our Veterans and Military Personnel in a patriotic ceremony and don’t forget the most amazing choreographed fireworks display presented by Lake Norman & Gastonia Chrysler Dodge Jeep Ram! Get your tickets now and we’ll see you at the game! Play ball! – See more at: http://www.skyshowcharlotte.com/skyshowcharlotte/index.aspx#sthash.pGEvT7UC.dpuf

 

Coca Cola 4th of July Festival

 

4th of July Festival

Wed., July 3, 4 p.m. and Thu., July 4, 4 p.m.

U.S. National Whitewater Center

5000 Whitewater Center Parkway

Phone: 704.391.3900

Price: Free

 

Rock your red, white and blue at the USNWC with the Coca-Cola 4th of July Festival, a two-day celebration taking place on July 3rd and July 4th. Both days will feature live music, as well as fireworks over our man-made whitewater river. Every seat is a good seat to view the stunning fireworks display, but we recommend guests arrive early to pick a spot. For more info http://usnwc.org/coca-cola-4th-of-july-festival-2/

Thursday. July 4

Novant Health July 4th Spectacular

Memorial Stadium

310 N Kings Drive

Charlotte, NC 28202

704-332-2227

 

Novant Health July 4th Spectacular will bring wholesome, alcohol-free family fun to Center City Charlotte in celebrating Independence Day, Charlotte’s largest fireworks display! Gates open at 5:30pm with family-fun activities taking place at Memorial Stadium from 6-9pm with a 9:30pm fireworks show. Due to construction, there will be LIMITED stadium seating available in the first section of the stands only. The lawn will accommodate a maximum capacity of 5,000 people in the in-field. You are encouraged to bring blankets and claim a spot on the field grass for the spectacular fireworks show. Once the stadium reaches maximum capacity, attendees will be asked to watch the fireworks at Independence Park located adjacent to Memorial Stadium. Fore more info: http://www.charlottecentercity.org/events/july-4th-spectacular/

 

Fountain_Pictures_062209_0069th Annual 4th of July Celebration

Birkdale Village

16805 Birkdale Commons Parkway

Huntersville, NC 28078

Phone: 704-766-2220

10am – 1pm     Bike decorating, kids art, face painting, bounce house and more!

 

11am – 1pm     Fun and Games with Radio Disney

11:30am          Parade lineup next to Banana Republic

11:45am          Parade begins

Noon                Awards ceremony presented by Mayor Jill Swain at the fountain for Best Decorated Bike and Presentation to Fire and Police Departments

12:15pm         Fire Department Water Fight next to Banana Republic

NOTE: Birkdale Commons Parkway will be closed during the event, 9:00am – 2:00pm.

For more info http://www.birkdalevillage.net/events

 

(sources: Creative Loafing, Charlotte’s Got a Lot)

 

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