Good morning Jack! Congratulations on considering a move to Charlotte!
It's December 6th and currently 70 degrees and sunny at 9am, so I'm sure you wouldn't be disappointed by our climate!
Charlotte truly is a very welcoming and inviting city with excellent economic conditions and below national unemployment rates. Charlotte is excellent for anyone in the nursing field also.
Email or call me directly, I'd love to speak with you to help!
Don't create unnecessary stress for yourself.
Serious buyers do not rely on aggregate websites for actionable data.
Pretend buyers do.
The buyer for your home will be working with a real estate professional and will have access to the Multiple Listing Service where the REAL data is located.
'No one is even looking' has no bearing to the values that appear online. This outcome is completely the results of:
1. You are priced above the potential buyers 'value bracket' which results in absolute silence.
2. The method you have selected to market your homes has proven ineffective.
3. Your home is not appearing in front of the right buyers
It time to have a chat with your REALTOR.
Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
Move to the Front of the Line
There are a variety of areas in and around Charlotte where you can live in a condo and be convenient to a horse farm. I am going to give you one example since I am more familar with the northern end of Charlotte.
There is a horse farm called Horse Shadow Run located at 3022 Miranda Road
Charlotte, NC 28216. This is not far from the Northlake Mall area and Huntersville. Website: http://www.horseshadowrun.com/
The townhome community of Holly Ridge is in north Charlotte is just off of Mount Holly-Huntersville Road which may work for you. Also, numerous communities in Huntersville, such as Tanner's Creek, Rosedale, and Crosswinds have townhomes. You would probably be around 10-15 minutes from the farm.
Please let me know if I can assist you further.... more
the question is going to be what bank branch are you looking for and what street are you on. The zip code is a large area and there are banks scattered throughout Charlotte area. If you could tell me what bank and the street and then I could give you an idea of the closest one to that address
Helen Adams Realty
I see you have question about Butler High School. I am not sure what information you are looking for in regards to the High School. I can tell you as a Realtor we are not allowed to conject our opinion and steer you away or toward one area because of schools.
What I can tell you is I live in the Butler High School district and have currently two children attending the school. One is a senior and graduating this year and the other one is a sophomore. Both of my children love the school and the are actively involved in different aspects of the school from clubs to sports. They feel that the school offered them a variety of options. But I imagine all the Charlotte area schools do as well. This school though is larger than I anticipated when I went to it. I would say the school has around 2000 students and every student gets something different out of the school. Some good and some bad.
My oldest is academically geared and has taken advantage of the AP courses offered where as my son is more down the middle of the road student who has ventured out with ROTC and other activities. As a whole the school does rank well. We recently received an e-mail stating we were one of the top High Schools in the state from Us News and World Report rankings of High Schools.
But I think a good gauge fo the school and a barometer you can use to evaluate the academic success of the school versus others in the district and state is www.ncreportcard.org. This site will give you demographics of the school as well as how the school performs on end of the year tests and trends over the last three years. Last it also gives you how the school does in comparison to other schools in the district sand state.
I hope this helps.
Helen Adams Realty
Our cut-off is 580 for your middle score. Now that you have a copy of your credit report in front of you see take a few minutes to see what is pulling down your scores. High balances on credit cards, especially if the balance goes over the credit limit, will drastically lower your score. Obviously late payments, charge-offs etc will lower your scores as well.... more
Realtors are not allowed to disclose demographics and school information. You can look up information on specific schools at www.greatschools.org or other sites. If you'd like help with your home buying process, feel free to email or call me directly, as I work as a buyer agent and it wouldn't cost you extra to use me when buying!
your question is rather vague. Neighborhoods in North Charlotte are popular depending on what someone is looking for in a house and where they want to live. I do not know if I would say one neighborhood is better than another. I think a lot has to do with what you are looking for in a neighborhood and the price range you are looking to be in.
Helen Adams Realty
The Beverly Woods neighborhood has done very well in appreciating over the past several years. In terms of resale, ranches are in greater demand than split-levels. Split-levels have fallen out of favor with most buyers. One of the advantages of living in Beverly Woods is the location which is close to SouthPark and all it has to offer. Other advantages are the good school systems, the fact that the homes sell quickly (60 days on market average versus Charlotte average of 150 days) and the well-built homes with lush mature landscaping.
Yes, adding onto a ranch is probably easier to add square feet rather than modifying a split-level. You see owners adding second floors all over Charlotte's older neighborhoods, adding those large Master Bedrooms and luxurious Master Baths. Updating kitchens and baths give you the best return on money invested in a home.
Since location and school districts are two of the most important selling features of a neighborhood, Beverly Woods should be a solid investment over the next 5-10 years. Yes, there will be tear-downs and major renovations but they add even more value to the neighborhood.... more
The first thing you need to understand about an ass unable loan is that you will still need to qualify for that mortgage. No lender will allow an assumption otherwise. So, if you can qualify for that loan, you may be better off getting your own loan at a lower interest rate. Investor loans do have higher rates than owner occupied loans and generally have a 20% down payment. You will need to look at your total cash layout to see if the savings in interest rate & a lower payment will produce the cash flow you are looking for and over what period of time will you break even. With the Liam assumption, there WILL be closing costs. As with any closing, you will still have some fees related to the assumption, closing attorney's fees and, depending on when you close, you may have pro rata property taxes to pay. As with any investment purchase, it is all about your bottom line and the time value of money!
You also need to look into the whether or not you think you could assume then refinance into a lower rate. You mentioned that the loan to value is high. Do not take on more debt than the house is worth in the current market! That would be a horrible business decision. Property investments are only good when the rate of return on said investment is higher than what you could make investing your money in another investment vehicle.
Kathleen Turner. ABR, CRS, ePro,Certified Paralegal
The Kathleen Turner Realty Group
Keller Williams Realty
A lender may be willing to work with you, but with just $5,000 to put down, I would be leery to even start searching. You will need 3.5% down if you are going FHA that is the minimum down payment required, however to avoid adding a huge chunk of money to your monthly bill, you will WANT to put 20% down though to avoid adding PMI to your monthly bill.
The thing is, are you both working? It may be tough to get a loan if only 1 is employed with a credit score of 620.
Can it be done, sure.... how will you discover if it can be done though?
Walk into y our bank, and ask for the loan department. They will pre-approve you in a few minutes, or tell you what you must do to bump your score or better your chances of getting a loan for the next time you try... more
Good morning Donna,
Sedgefield or Southend is a great area that is in the process of change for the better. Many people have renovated houses in this area, changing the look of the subdivision. The access to interstates is great, light rail nearby, close to Central Charlotte. When I found a rental for one of my clients, she said that it had a good vibe. I saw many people in their 20's walking dogs when I was there. For the specific demographics, you can check plenty of websites now. It is relatively easy to re-sell or rent in this area. I would suggest staying away from heavily traveled roads if possible.
You might like the Mallard Creek area of the University too. Colvard Park and Chatham are particularly nice, a good value for the money. Don't worry if you don't see a house in a subdivision that you like because there are plenty of sellers ready to market and move. They are just waiting for the right time.
Robin Faison, broker
Keller Williams Realty
I looked for active listings on grey gate lane. Currently there are none active. I am not sure where you looked and saw the prices you mentioned. It could be that you are looking at sold listings that sold in the past or when they are new.....
Helen Adams Realty
You should be able to purchase a home with that score and income as long as the debt ratio, overall credit profile are in acceptable ranges. There are loans such as USDA and VA which allow for 100% financing. There are also first time homebuyer products available for down payment assistance if the home is not in an eligible USDA area as well. We lend quite often to borrowers with income in this range.
Please let me know if you have other questions.... more
I live on the East side of Ballantyne and I think this area is very diverse. There are many ethnicities here which is great for the kids in school to be exposed to an array of cultures. We just moved from the northeast so it was a welcome change to have such diversity in the area. I don't think you would feel out of place at all here!... more