Well, you’re not alone! According to the National Association of Home Builders (NAHB), 60% of homebuyers are considering downsizing to smaller, more efficient homes. The economy is playing a significant role in this decision but, for the most part, our society is full of Baby Boomers who don’t quite need the space that they once did.
Save money: When you buy a smaller, more energy-efficient home, you’ll save money on your utility bills. You’ll also reduce your maintenance expenses. You will most likely have a smaller mortgage. With less space to fill, you need less stuff! This allows you to also spend less on furniture and other home décor.Making the decision to downsize can be difficult to do, but once you’ve taken the leap, you’ll discover many rewards. The more stuff you get rid of, the more you can save for things that truly matter, such as saving for your retirement or college education.
Ready to buy a smaller, more efficient Charlotte home? I can help. Give me a call today at (704)491-3310 or email me at Broker@TheCharlotteScoop.com for more information.
Read more: http://www.icharlotterealestate.com/7-benefits-of-downsizing-your-charlotte-home/#ixzz1kuSwYUYJ
Providence Country Club is one of the premier Country Clubs in the Charlotte region. Featuring an exquisite Dan Maples designed golf course, PCC offers some of the finest recreational amenities in the area. Established in 1989, Providence Country Club homes were built by some of Charlotte’s premier builders and offer a wide variety of architecture. Large lot sizes, winding wide roads and lush greenery all envelope you as you drive through the stately entrance. As well, Providence Country Club is in a location that is in close proximity to everything Charlotte and boast top-ranked public school assignments.
…Create a lifetime of memories with family and friends in Charlotte NC’s Providence Country Club!
These days, in our area, the most questioned aspect of the real estate transaction is no longer, “Will the buyer qualify for the loan?” but, rather, “What about the appraisal?” With 3 ‘bad’ appraisals under my belt during the past year, I have grown extremely weary of that phone call from the appraiser to schedule their appraisal!
Let me first clarify that 2 of the 3 ‘bad’ appraisals were reversed after providing the SAME comparables that were presented to the appraiser at the home. The management companies requested that the appraiser review, providing them with the information that I’m assuming they actually LOOKED at this time, and the proper adjustments were made.
Secondly, when an appraiser phones in our area to MEET us at the home, this means that the appraiser does not hold a key to our Supra boxes, meaning, for the most part, that they are from far away. Something has GOT to be done about this. One of the low-ball appraisals included erroneous information as well as use of comparables from outside the standard distance from a subject property. As well, they included properties from subdivisions that had comparably SIZED homes but, in completely different communities (ie vinyl vs. all-brick communities).
Appraisals are final when it comes to securing money from a bank, so don’t let a poor one ruin your Charlotte real estate plans. Be proactive to ensure that your appraiser is competent and has all the information he or she needs. Your purchase, sale or refinancing goals could be wrecked with a low-ball appraisal.
Establishing that he or she is geographically competent. Appraisers that don’t know the area can misquote, so be sure to ask them questions, such as how far their office is from the property and if they have access to local MLS data. If you feel the appraiser doesn’t meet geographic competency standards, then you can raise the issue with your agent and the lender involved.Don’t let an inaccurate home appraisal ruin your financial goals. We take Charlotte real estate appraisals seriously. Be proactive, do your homework and definitely review the final version. Your agent should provide you with this information to share with the appraiser.
If you’re getting ready to sell your home or purchase a new one and have questions about appraisals, please call me at (704) 491-3310or email me at Broker@TheCharlotteScoop.com for more information.
It’s been a great week for Charlotte home sellers–homes are moving and buyers are getting a jump on spring home shopping in Charlotte!
The focus this week is Area 4, which covers Southeast Charlotte including the city of Matthews and the neighborhoods of Eastover, Elizabeth, Cotswold, Chantilly, Providence Plantation, Landsdowne, Sherwood Forest and Stonehaven. 17 homes Closed this week in Area 4 with an average list price of $329,245 and sales price of $311,989, a 95% list-to-sales price ratio. The average days on the market are 122. Square foot average is 2,407, or $129.62/square foot.
In Area 4 this WEEK, 24 homes went into Escrow with an average list price $302,125 and 98 days on the market, demonstrating that Charlotte’s recovery is in progress!
Here is the median sales price graph for last month and the previous 2 Decembers for Area 4 sales. Again, a reflection of the recovery that is taking place in our market.
Below is the average list to sales price CITY-WIDE; as you can see with the above statistics, Area 4 is holding steady at a 95% list-to-sales price ratio, a healthy 5% above the city average.
Check out our eNews for the week! Take in some open houses and enjoy the wonderful Charlotte weather we’re having this weekend.
Read more: http://www.icharlotterealestate.com/savvy-enews-for-week-ending-jan-27-2012/#ixzz1kmu1wbhj
Located southeast of Uptown Charlotte, Eastover was the first suburb with driveways for “motorcars.” The neighborhood’s stately homes have long attracted the leaders who helped shape Charlotte’s growth, including banker, Hugh McColl Jr. and department store icon, John Belk and the E. C. Griffith family, who developed most of the Eastover community. The architecture is varied with some being traditional to stunning Europeans.
One of the major landmarks in Charlotte’s Eastover community is The Mint Museum of Art, located on Randolph Road. The Mint Museum is full of rich history as well as unbelievable art and artifacts for vistors to behold. Eastover is also home to Eastover Academy, one of Charlotte’s oldest and top-ranked Elementary Schools.
Eastover offers great walkability and is considered one of the finest historic neighborhoods in the Charlotte metro area. Parks, public tennis courts and quaint, local shops and restaurants are all within walking distance of some of Charlotte’s most stately homes. Eastover also features lovely shops such as Colony Furniture, Windsor Hall and Windwood Antiques, Circa Interiors, Paul Simon Clothing, Morrison-Smithand Karat Patch Jewelers, John Dabbs Ltd., and The Buttercup, again, all within walking distance to Eastover homes.
Showing properties 1 - 20 of 22. See more Eastover community real estate.
(all data current as of 1/15/2012)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Read more: http://www.icharlotterealestate.com/eastover-charlotte-nc-homes-for-sale/#ixzz1jaxG4fFx
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