Charlotte, NC buy and sell houses: Once you select a lender, you should speak with a loan officer as quickly as possible. At this point, there is one thing you should know. Pre-qualifying means absolutely nothing. All pre-qualifying does is determine the amount of the loan you could qualify for based on factors such as your credit, salary, etc. It does not guarantee that a lender will actually loan you the money. It’s more important to get PRE-APPROVED. Pre-approval means that your application has been submitted to a lender who is willing to extend you a specific loan amount, pending a property and appraisal. Being pre-approved lets you know that you won’t be denied for a loan, and it also provides you with leverage to negotiate the purchase price of a home with the seller.

If you’re going to buy a house it makes a lot of sense to make sure that rush hour traffic isn’t unbearable. The last thing you want is to buy a home and find out that you’re going to be sitting in heavy traffic every day. Time is more valuable than money, you don’t want to spend your time in traffic – I know I don’t. You want to spend your time doing more important things like spending time with your family. We always recommend our buyers check out the commute to and work on different days just to make sure it’s something they are comfortable with.

The moment you hire us, we’d design a plan that would help get your property ready for sale, think of an opening price that would attract the right buyer, and suggest improvements needed to make the property more enticing. As Carolina’s number one realtors, whatever plan we develop would exceed your expectations, and make your property stand out in a pool of competition. We can also help with negotiations with potential buyers and their agents. Do not worry; we let you know about all offers, carry you along every step of the way, and act on your instructions only. We’d also help you take care of all paperwork. See a few more details on Property management in Charlotte, NC.

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.

At Grant Street Realty, your Carolina realtors, when we start working together to sell or buy your property, we will develop a plan that will met your expectations and achieve your goals. We want to make this process as smooth and informative as possible for you. We help you with houses in Charlotte, NC for sale and houses in Charlotte, NC for rent. When we help you to find a new home, we start with a simple question, “Where do you want to wake up?” A home is about so much more than the number of bedrooms and bathrooms. This is where you will make memories, have friends and family over and live your life! Our goal is to focus in on what really matters most to you in a home. Read more details at grantstreetrealty.com.