With the expiration of the tax credit, home sales have been dropping sharply around the nation. Experts reported that “Completed transactions of single-family homes, townhouses, condominiums and co-ops dropped 25.5 percent in July from the year-earlier total, falling to the lowest level since 1999.” Smart investors stand to make a killing during this economic downturn. …
Tag: Charlotte foreclosure homes
Jul 28
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 …
May 11
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. …
