With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Charlotte anyway? Many homeowners across America and Charlotte are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued
While the housing market is rebounding, many people in Charlotte] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do … Continued
Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Charlotte, North Carolina? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source). If you … Continued
Life can bring unexpected changes that leave you searching for solutions. Homes can fall into states of disrepair that are far beyond the owner’s capacity to handle. There could have been a death, divorce, illness, or job loss, leading to lost income or a forced relocation at play. For those who need to know how … Continued
A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued
After facing the loss of a loved one who didn’t have a will or investments protecting against the process altogether, probate can mean long drawn out proceedings, especially with larger estates. It can be costly to go through, so avoid making the mistake of skipping any of the legal requirements which can further tie up … Continued
Considering selling? You may be wondering about which is the better option, a direct sale vs. hiring an agent when selling your house in Charlotte. Life events can change your housing situation, at times despite your wishes. The time required until closing with each option is just as much of a consideration as the effect … Continued
Understanding the foreclosure process in North Carolina is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in North Carolina What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is … Continued
Besides the obvious strain and emotional impact the situation can have on your family and personal relationships, foreclosure can also devastate your finances. From the clothes you wear to the car you drive, or even where you reside or work, it will have a residual effect on your life for years to come. CLT Buyers … Continued
It’s been said that selling your home can be more stressful than many other major life events. When you’re under duress and need to sell quickly, additional strain is added to the mix. We’ll help you by exploring your options when selling your Charlotte house. Listing Agent Let’s explore selling your house in Charlotte through … Continued
Do you have a Charlotte North Carolina house that’s in foreclosure right now? Many people going through the North Carolina foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually … Continued
So you find yourself ready to sell and while you don’t want to pay all of the commissions and fees that come along with a traditional real estate agent, you also dread all that is involved with listing the property as for sale by owner. At CLT Buyers, we’ll take the time to listen to … Continued
Need to sell your house in Charlotte? Things will move along much more swiftly and smoothly if you are prepared from the start by organizing all of your documents. Paperwork is a given during legal transactions and it’s no different when you’re selling your house in Charlotte. You’ll want to have the following 6 documents … Continued
How To Sell Your House In Charlotte, NC If you’ve never sold a home before, it probably sounds like a very daunting challenge. There are so many rules and processes to know. It might feel like there’s so much to do before you even list your home. And if you’re planning on selling your house … Continued
Oftentimes, when people decide between hiring a real estate agent to sell their house or selling it themselves (For Sale By Owner), they consider the commission fees they’ll have to pay the agent for their work. However, while they might be focusing on that cost, they’re not stopping to consider all of the other costs … Continued
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