North Carolina realtor: Now that you know the “fair market value” of the home you like, it’s time to determine how much you are willing to pay. Establishing this prior to making a formal offer helps define your personal limits. You should determine how much to offer, how much earnest money you will put down, how much of the closing costs you will ask the seller to pay, when you plan to settle, and what inspections you plan to have conducted. Your agent will offer great advice for structuring your offer. Remember to ask your agent about contingencies and their importance. If you don’t fully understand something, be sure to clarify it.

Buying real estate in a good school district makes it a lot easier when it comes time to sell your house in the future. Whether you’re looking to downgrade as an empty nester or upgrade into a larger house to support your family, a top school district is a big-time selling point in real estate. If you buy in a bad school district you run a greater risk of your home depreciating because you are appealing to a much smaller buyer pool. We recommend our buyers focus on specific neighborhoods vs. focusing on cities or larger areas. The neighborhood you live in is going to have a direct impact on you. What are you looking for in a neighborhood? Address this question early on in the home buying process because buying in the wrong neighborhood is a surefire way to be remorseful about buying a house.

Why choose us as your realtors in Charlotte North Carolina? An extensive Knowledge We are the Carolina real estate company with a broad knowledge of the real estate market in Charlotte, North Carolina and beyond. We know every data about the recent sales in Charlotte, the market trends, and the contracts necessary to comply with every real estate law –state or national. We can help you price your property accordingly. In case you’ve not heard, the Multiple Listing Service (MLS) comprises a database of every home for sale. By hiring us, your property would be instantly put up on the MLS in front of so many agents in Charlotte and Carolina. These agents who are on the hunt for properties that might interest their buyers would quickly spot yours. Discover additional details on Carolina realtors.

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.

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. Explore extra details at https://grantstreetrealty.com/.