Are you shopping for a Charlotte NC live/work community? Well, hop on the light rail and pop over to the New Bern Street Station. Less than a block from the station, you'll find 3030 South, Charlotte's newest live/work community in historic South End. 3030 South is like no other condo complex in South End or Uptown Charlotte NC! With garages, spacious living, location near shopping, restaurants and bars, PLUS Charlotte's new light rail just outside your home!
3030 South Charlotte NC is a unique blend of contemporary architecture and urban planning with focus on modern day transit needs. At first glance, you'll think that this hip complex is just that--a new, architecturally appealing condo complex in South End Charlotte NC! Well, this complex is a mix of flats, townhomes and live/work townhomes. The lower level of the 4-level live/work townhomes, is zoned for commercial use, just for your office, hair salon--the possibilities are endless! There's plenty of parking for your visitors and you, of course, will have a large office and storage area on the 'business' level as well as two entrances on that same level. Your home above your office, has its own entrance, either through the garage or on the main level.
Because the developer of 3030 South Charlotte NC used land which was a former industrial park, tax credits are given to the homeowners until 2012 too!
These spacious units are certainly appealing including 10' ceilings, high end appointments, and ceiling to floor windows, bringing in the sunshine!
We have a new listing in 3030 South that is one of the Live/Work units which includes:
This is truly a one-of-a-kind home that you simply must see!
Neighborhood access includes:
---not to mention the ability to hop on the light rail and you're mere minutes from Uptown Charlotte NC!
Shopping for homes in South End Charlotte NC? View available condos and townhomes here or here.
Click here to see our new listing in 3030 South
Other live/work community in Charlotte
As a REALTOR®/Broker with Helen Adams Realty, I monitor local real estate statistics to keep clients informed and ahead of the real estate trends. Following, are the current real estate statistics for Mecklenburg County, Charlotte NC ZIP Code 28207, for month of September, 2009. 
Number of Eastover Charlotte NC Active Listings for Single Family-5
Number of Single Family Homes Under Contract (Entering Escrow)-1
Number of Eastover Charlotte NC Single Family Homes Sold (Closing Escrow)-3
Number of Expired Single Family Listings-7
Number of Active Listings for Condo/Townhomes-6
Number of Condo/TownHomes Under Contract (Entering Escrow)-0
Number of Condo/TownHomes Sold (Closing Escrow)-1
Number of Expired Condo/Townhomes Listings-0
If you are interested in selling your Charlotte NC Eastover home and live in the Charlotte NC area, contact us for a FREE Evaluation. If you would like a FREE list of homes for sale in the Charlotte NC Eastover area including all surrounding counties in NC and SC and want to be the FIRST to know when new listings come on the market or if you would like more information about the Charlotte NC area please call me 704.491.3310 or e-mail me Debe@DebeMaxwell.com.
Visit www.TheMaxwellHouseGroup.com or www.SoldByDebe.com for FREE Buyer or Seller Reports, Featured Listings, Complete Charlotte NC MLS Listings, Unlimited Community Information including Charlotte NC relocation services to you, your friends, relatives and co-workers, to or from anywhere in the U.S. and this service is FREE to you.
Copyright© Debe Maxwell, All Rights Reserverd...***Charlotte NC EASTOVER Market Report: September 2009***
Foreclosure or Short Sale--What's the Difference?
Losing your home to foreclosure is a painful event that continues to haunt you long after your home has gone back to the bank. Your credit score is severely affected and, regrettably, most people cannot be sure that they will remain safe from foreclosure because they haven't foreseen the "unexpected." Such events as serious illness, a major accident, divorce or job loss can happen to anyone at anytime. It’s a good idea to understand the available alternatives should such devistating events occur in your life. 
So, what IS the difference between a foreclosure and a short sale? Simply put, the homeowner still owns the property with a short sale; when a property has been foreclosed upon, the BANK/LENDER owns it. The foreclosure process is quite expensive for the banks/lenders so, they generally PREFER you short sell the property than for them to proceed with a foreclosure. With a short sale, the owner still lives in the property and maintains it as normal--with a foreclosure, the distressed property is left vacant and is generally in ill-repair.
A short sale MUST be listed in your local MLS with a Realtor®. Your short sale specialist works to negotiate the short sale FOR you and follow the process all the way to Closing on your property with you. The bank/lender MUST reach an agreement with you and your buyer as to price and other contractural agreements as well as a Closing date. Again, your short sale specialist handles the communication of this entire process for YOU.
As well, with a short sale, the damage to your credit is far less extensive as with a foreclosure. A short sale can be erased from your credit in as short a period as 6 months and can take up to 2 years as opposed to at least 7 years with a foreclosure. The ability to get a handle on your finances early in the game is imperative--contacting your Charlotte NC short sale specialist can save you more than you know. You are able to reside in the property until the deal is Closed--a far more 'respectable' alternative to being evicted when the bank forecloses on the property.
Consider a short sale rather than allowing a foreclosure on your property. A short sale is an option for property owners with serious financial issues. In the case of a short sale, one sells their home for less than what they owe the bank/lender. Some lenders will not agree to a short sale however, most prefer it to going through the lending institution's expense of a foreclosure. This is a time that you MUST have someone working for you that KNOWS short sales. Experts advise pursuing a short the minute you realize that you are in trouble. The longer you wait and the farther behind in your mortgage that you get, the less likely your bank/lender is willing to allow a short sale.
With only 80 homes over $1,000,000 sold in the entire city of Charlotte during the past year, million-dollar sellers are feeling the economic pinch like never before. How much can $1M buy in today's market? The answer varies quite a bit, depending upon the area of Charlotte. During the past two years, Charlotte has experienced a tumultuous million-dollar market with some areas faring better than others.
Our team's main focus is on areas 4 & 5 of Charlotte. This compilation of data is from Charlotte's area 5 and specifically areas 5/3 and 5/4. This area, because of its popularity due to location and proximity to schools, shopping, churches/temples and restaurants, seems to be faring better than most areas with million-dollar homes.

Area 5/4, which includes the Southpark area is one of the most popular areas in the city. Just minutes away from Uptown and the best of the best shopping and restaurants, this is a highly desired area of the city. Strong public school assignments and close proximity to some of the best private schools in the state are reasons for many to choose this area to reside. Searching MLS for homes in Charlotte NC that are over $1M in the 5/4 area, zip code 28226, you'll find 50 gorgeous homes over $1M in neighborhoods such as Carmel Park, Pellyn Wood, Town and Country, Dovewood and Carmel Country Club.
(Note: Some of the properties in zip 28226 bleed over into area 5/3)

Area 5/3, at the southernmost tip of Southpark, from Park and Quail Hollow Roads, has a more central location in the city--minutes from Uptown and mere minutes to the Pineville and Ballantyne areas. Searching for homes in Area 5/3, zip code 28210, you will find 39 homes over $1M in simply gorgeous neighborhoods, including the gated community of Heydon Hall and prestigious Seven Eagles in the Quail Hollow community.

For more information regarding Charlotte NC's million-dollar properties, email us or give us a call!
Virtual Staging...What a Novel Idea!
What's in it for you? A quicker sale than listing/selling an unfurnished, vacant property!
Some sellers simply cannot afford to furnish their vacant properties and some buyers simply cannot 'mentally picture' furnishings in a vacant home. Innovative agents are now turning to virtual staging.
This process uses computer technology to add furniture and decoraor items to photos of vacant listings. The cost is approximately $250 for a few photos and the images are quite impressive. One company, Virtually Staging Properties, has nearly 1,000 photos of items which they strategically place, via computer, into YOUR photos of the vacant rooms!
The husband and wife team who own the business (located in Atlanta) are both professional stagers so, their finished 'product' is expertly presented. They also deliver 8 x 10 photos to you for use in the home to demonstrate what that specific room will look like with furnishings in that particular room.
There are other companies who do this--including www.VirualStagingSolutions.com and OBEO tours (www.OBEO.com) which offer such luxuries as textured walls, furnishings, countertops, etc. This affordable solution to those sellers who cannot or will not hire that recommended stager is a viable alternative to the traditional staging.
*NOTE: This is certainly NOT a replacement for a local, professional stager, just an option if you or your sellers can't or won't hire someone to physically provide this service.
**Also of note, when listing these properties, don't forget your COE rules--disclose that" the photos are representative of staging; the property is currently vacant." (Use your own wording but, be sure that you don't post the photos of the furnished property as this is deceptive practice).
Check out the virtual staging websites and see what new technology lies ahead for YOUR vacant listings!
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