North Carolina rental houses: This is where the groundwork is laid for the search for your new home. There are several points you should cover in your initial consultation. For example: Define your needs; the number of bedrooms and bathrooms, size of the kitchen, where you want to live, your price range, timeline, etc. Determine when and how often you can look at prospective homes. Verify your contact information and how you want to be contacted (email, phone, etc.) Ask your agent about financing. They can explain the different types of available loan programs, and refer you to lenders that can answer specific questions. Review the paperwork. While not necessary at this point, reviewing paperwork will allow you the advantage to ask questions about documents before it’s time to sign them.
When looking at homes, you should seriously consider ignoring paint and landscaping. These are two items that are easy to fix, and they should not impact your decision making when purchasing a house. If the home has a terrific location and the paint/landscaping is poor you shouldn’t rule it out, you have to be able to envision what the house will look like when you move in and make changes. A lot of time buyers will not be able to overlook paint or landscaping and this gives an opportunity for others who know how easy it is to fix. Location is something you can’t change, paint and landscaping is something you can.
When you choose a professional Realtor to help sell your home, you are hiring an advertising and marketing expert with strong negotiation skills. At Grant Street Realty, we are professional realtors in Charlotte, North Carolina. We’re licensed in both states of North and South Carolinas. Our job is to know the best way to reach those buyers, make your product shine through the masses and help you arrive at an offering price that will attract the right purchaser. When we start working together to sell your property, we will develop a plan that will meet your expectations and achieve your goals. We want to make this process as smooth and informative as possible for you. Read extra info on Carolinarealtor.
Draining your savings. Spending all or most of their savings on the down payment and closing costs is one of the biggest first-time homebuyer mistakes, says Ed Conarchy, a mortgage planner and investment adviser at Cherry Creek Mortgage in Gurnee, Illinois. “Some people scrape all their money together to make the 20 percent down payment so they don’t have to pay for mortgage insurance, but they are picking the wrong poison because they are left with no savings at all,” Conarchy says. How this affects you: Homebuyers who put 20 percent or more down don’t have to pay for mortgage insurance when getting a conventional mortgage. That’s usually translated into substantial savings on the monthly mortgage payment. But it’s not worth the risk of living on the edge, Conarchy says. What to do instead: Aim to have three to six months of living expenses in an emergency fund. Paying mortgage insurance isn’t ideal, but depleting your emergency or retirement savings to make a large down payment is riskier.
Grant Street Realty is located right in the center of Ballantyne in Charlotte, NC. We are the local Charlotte real estate experts. We serve most of our clients in Charlotte and the surrounding areas such Ballantyne, uptown Charlotte, South Park, Pineville, Matthews, Mint Hill, Monroe, Waxhaw, Weddington, Indian Trail, Steel Creek, Lake Willie, Fort Mill, Indian Land, Huntersville, Lake Norman, Davidson, Denver, Cornelius, Mooresville, Kannapolis, and more. Explore additional details on grantstreetrealty.com.