Negotiating the deal! What to know BEFORE you place an offer.
This article is an excerpt from my weekly buyer blast that I send every Friday. I have been experimenting with other days of the week but you will receive it at least once per week. I send out a List of area Foreclosed and Distressed Properties in the Statesville, Mooresville, Troutman areas of Iredell County. […]
Statesville NC has a new Brand and Tagline
After months of market research, design ideas, surveys and meetings, Statesville NC has a new Logo, Brand and Tagline. It is fresh, bright and reflects well upon our city and I for one – Love it! Read our Brand Statement to see where the inspiration came from. The City of Statesville, Downtown Statesville, Chamber of […]
A few things to consider before purchasing a distressed property
I have been working with lots of buyers of foreclosed or distressed homes lately and wanted to give you some hints on how to make this type of purchase a little easier. First, let’s talk about Short Sale Properties: A short sale is a home that is listed by a real estate firm for less […]
First time home buyer in Statesville NC? Here’s a quick summary of the process.
Spring is just around the corner and the weather is warming up in the Statesville NC area! What a great time to print out a list of homes you like and take a drive by them to see what they really look like and if you like the area surroundings. I have had lots […]
How to Purchase a HUD home in North Carolina
How to Purchase a HUD home In recent months, there was a huge backlog of HUD homes that were held up for closing in NC and changes were made to try and streamline the entire process. There are now three main asset management companies that handle HUD homes in NC and they in turn designate […]
My local Professional Services Recommendations for Statesville NC
Whether you are buyer or selling a home, there always seems to be a need for a local contractor to help fix something up. Over the years, I have been able to work with some wonderful people that I really trust and would recommend to my clients and others seeking a referral. I have […]
What is this new “Due Diligence” Fee in North Carolina and how does it affect me?
I know I will be explaining this question for a long time to come! As of January 1st 2010 in North Carolina, we no longer have just the Earnest Money deposit option on the Offer to Purchase Sales agreement. Our new forms are now are more like the commercial forms and offer a Due Diligence […]
Using your IRA to invest in Real Estate
Ever thought of using your IRA to buy investment properties? One stumbling block that many of the leads and inquiries I receive is the lack of finance options for investment property. Many of these deals are cash buyers but investors often seek out finance programs to purchase one of the “great deals” out there on […]
Why do Lender’s counter an offer for more than the current list price?
I was recently asked the same question by two of my clients here in Statesville NC, that concerned short sales and foreclosures and I thought I would share with you the answer as it may be helpful during your home search. QUESTION: Why do lenders counter an offer higher than the current list price on […]