Charlotte, North Carolina real estate: After narrowing the search to 2 or 3 homes, your agent will do whatever research is necessary to aid you in making your decision. Ultimately, however, it is your decision. Some tools that can help you make that final decision include school reports (if you have or are planning on having children), statistical information from the local chamber of commerce, future zoning or road expansion from local planning offices, etc. Whatever the factors of importance are to you, have your agent help locate that information. Once you have selected a single home to focus on, your agent will conduct a comparative market analysis on that property. This involves determining “fair market value” by looking at what other buyers were willing to pay for properties similar to yours in the same neighborhood or area.
One of the largest reasons some buyers walk away from a home purchase feeling remorseful is because they don’t consider everything about purchasing real estate before they jump into it. There are common buyer mistakes we address with all of our buyers upfront so they have a highly successful transaction. One thing that many folks don’t want to do is put in the upfront work, studying, and preparation that goes into buying a house. You need to prioritize your needs, and your wants – and if you have a partner you need to communicate together on everything. Maybe one person is ready to buy, and the other isn’t ready just yet.
At Grant Street Realty, a group of professional and experienced realtors in Charlotte, North Carolina, we realize that buying a home is as much an emotional decision as it is a financial decision. It’s very important for a buyer to have an emotional connection to your home. Keep in mind that potential buyers need to be able to see themselves living in your home. Begin by de-personalizing your home, eliminate themed items, remove table trinkets, family photos and any items of great monetary or sentimental value. By giving the buyer a blank canvas, they will then be able to envision themselves and their personal items in this space. Discover extra info on Charlotte rental houses.
Assuming you need a 20 percent down payment. The long-held belief that you must put 20 percent down payment is a myth. While a 20 percent down payment does help you avoid paying private mortgage insurance, many buyers today don’t want (or can’t) put down that much money. In fact, the median down payment on a home is 13 percent, according to the National Association of Realtors. How this affects you: Delaying your home purchase to save up 20 percent could take years, and you could limit cash flow that could be put to better use maximizing your retirement savings, adding to your emergency fund or paying down high-interest debt. What to do instead: Consider other mortgage options. You can put as little as 3 percent down for a conventional mortgage (note: you’ll pay mortgage insurance). Some government-insured loans require 3.5 percent down or zero down, in some cases. Plus, check with your local or state housing programs to see if you qualify for housing assistance programs designed for first-time buyers.
Ready to get started on Real Estate? or are you looking for property management company in Charlotte, NC to manage your properties? You’ve come to the right place. Whether you’re selling your property, looking for a new home or an investment property, or houses for rent in Charlotte, NC. Grant Street Realty is the right place for you. Our experienced and talented professional Carolina realtors and brokers will help you every step of the way. We know the market very well and we’re committed to provide the most satisfied experience in real estate transaction. Contact us today for a free consultation. Find additional info at https://grantstreetrealty.com/.