Category: Real Estate News

All Charlotte NC Real Estate News including, Charlotte Homes for Sale, and Charlotte NC Real Estate Market Reports, and trends

Perfect Buyers Market

Fannie Mae and Freddie Mac are beginning to initiate foreclosures at a faster pace. According to a new study from Lender Processing Services (LPS), GSE foreclosure starts have been accelerating and are currently at all-time highs. From May to June, foreclosures initiated by Fannie and Freddie jumped 21 percent. The GSEs’ prime borrowers are performing …

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Mortgage Rates Remain Virtually Unchanged, Linger at Historical Lows

Rates are at a historic low, check out the article that DSNews.com recently published about it! “After weeks of continuous declines, mortgage rates remained nearly flat for the week ending June 3, 2010, Freddie Mac and Bankrate reported Thursday. According to Freddie Mac’s Primary Mortgage Market Survey (PMMS), 30-year fixed-rate mortgages averaged 4.79 percent with …

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Top 10 Myths About Buying a Foreclosure

Trulia.com and RealtyTrac recently surveyed US adults to get some insight into what people think is involved with buying a foreclosure. Here are the Top 10 Myths that were recently posted on Trulia.com and the facts to set the record straight: 1. Foreclosures need a huge amount of work. 92 percent of consumers expressed that …

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How to Save Money by Researching your Mortgage Loan?

Charlotte homes for sale - saving money on charlotte homes

Mortgage rates continue to decline, and now could be an optimal time to consider buying Charlotte homes, or a Charlotte real estate investment property. The latest data from Zillow Mortgage Rate Ticker indicates that mortgage rates remain steady at 4.84% for a 30 year fixed loan. Yet, even though rates are low, it is critical …

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How the Greek Debt Crisis may benefit homeowners

Charlotte home for sale and greek debt crisis

The recent debt crisis in Greece has wreaked havoc on the markets, and many are concerned that the problems in Greece could spread to other European countries including Spain and Portugal.  This has resulted in a flight to safety, as investors look to reduce risk by finding more stable investments. One of the few positives …

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Using a Mortgage Loan Calculator

calculate the value of Charlotte Homes with this mortgage calculator

So you are interested in a Charlotte home for sale, and ready to begin house hunting.  But before you apply for a mortgage loan, it’s important to determine the potential cost of your home. One feature of our website is a mortgage calculator that allows homebuyers to calculate the cost of a mortgage so you …

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How to Buy a Home with Little Money Down

If someone told you that you could buy a home with little money down, would you believe them? Perhaps you should reconsider. Buying a home with little money down can be a possibility with some help and a little planning. Here are some options to consider: 1) Buying a home with a “seller carry back” …

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Homebuyer Tax Credit

If you are considering buying a home in Charlotte, now is a great time. Why? The homebuyer tax credit for first-time buyers has been extended until April 30, 2010. What does this mean for homeowners? Here are the basics:

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Working with Charlotte Realtors

If you are looking at the purchase of a home in the Charlotte, NC area, it is advisable to get some expert help to secure a good deal. You wouldn’t go to a plumber for legal representation, so why not work with local expert Charlotte realtors to help you find the home of your dreams. …

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