September 2018

Found 7 blog entries for September 2018.

Do not fall into these common pricing mistakes with your property

Selling your house can stir up mixed emotions. You’re excited to move to a new place, but a little sad to leave the old one behind. You’re also challenged with getting the house ready to sell, which brings up a whole new set of tasks you’re probably not very familiar with. One of the trickiest: pricing your real estate.

Pricing is very easy to get wrong if you rush it, or if you don’t do your research. Over-pricing can make it difficult to find buyers, while under-pricing won’t get you a fair amount of money from the listing. It’s important to know the appropriate pricing for your home to avoid these outcomes.

In an effort to help you sell your house at just the right price,

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Is it better to buy an old home or a new home?

new homes in neighborhood

This is an important question you’ll have to face when shopping for a home. The answer for each home buyer is different–there is no one size fits all answer. There are, however, pros and cons to each purchase, which we’ll take the time to discuss.

Here’s what to keep in mind when deciding if an old or new home is right for you.

Buying a New Home

Benefits of Buying a New Home

Layout

If you’re going all-in and building a custom-built home, you’ll be able to work with your builder to create a floor plan fit for your lifestyle. Even when NOT a custom-built, most major builders still allow for some changes or customization, depending on when you start the process. However, even if you

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Tips To Help You Save For Your Down Payment

saving money for a home

No surprise here, but houses cost money. One of the big costs that comes with buying a new house is the down payment. 

A down payment is the money you give to the home’s seller (the rest of the payment comes from your mortgage), and is expressed as a percentage. Most mortgage lenders require a down payment of at least three percent, while a down payment of at least 20 percent typically lets you avoid having to obtain mortgage insurance.

Although you’re only paying for a portion of the house, a down payment is a big chunk of money to put forward. You’ll want to save everything you can to help pay for it. For some people, saving for a down payment can prove to bit a bit challenging. When in reality it

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Meet Charlotte’s Shopping Suburb, SouthPark.

SouthPark tulips

Located about six miles south of Uptown Charlotte lies the large residential and commercial area of SouthPark. The highly sought-after neighborhood is centered around the popular SouthPark Mall, from which it shares its name. SouthPark’s vibrant upscale shopping, dining, and entertainment scene paired with a mix of old and new homes on large properties make the area attractive for young and old residents alike.

The area, now known for one of the largest shopping malls in the state, was once part of a 3,000-acre dairy farm owned by former North Carolina Governor Cameron Morrison. The property contained the family’s impressive home, Morrocroft Manor, a 14,000 square foot Tudor Revival built in the

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Helping you host the perfect housewarming party!

friends and family passing food over table at housewarming party

What better way to celebrate officially moving into a new home than with a housewarming party?

Oh come on, we know you can’t wait to show off your place! So what are you waiting for? Get some boxes unpacked, order that new piece of furniture you’ve been wanting, add a little decor and let’s get the party started!

Below we’ve created a checklist of everything you’ll have to do to prepare for your housewarming party.

1. First, let’s plan!

  • Pick a date and time for your party. You’ll want to give yourself enough time to unpack most of your boxes but don’t feel like everything has to be put away or decorated just yet.

  • Make a guest list include family, friends, and new

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Southern homeowner? Add these tasks to your to-do list this fall.

Although we don’t see harsh freezing winters and feet of snow down here in the Carolinas, we do see our fair share of cold temps and the occasional snowstorm here and there. And while our homes are structurally built to withstand all types of Carolina weather, there are a few things you as a homeowner can do to better prepare your home for the coming months.

Below we’ve laid out the tasks we believe every southern homeowner should add to their to-do list this fall.    

Store away hoses and turn off any exterior faucets

  • Give your car one more good wash before draining your yard hoses. Then store them indoors for the winter.

  • Shut off the water to exterior

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Today's Home Buyers and Sellers Top Statistics

Over time, social trends, shifts in governmental policies, housing market conditions, and changes in the nation’s economy can alter what the “typical” American home buyer and seller look like.

According to the National Association of Realtors’ most recent (2016 and 2017) surveys, these are the current statistics on American home buyers and home sellers.

Who are today’s home buyers?

  • First-time buyers make up 34% of all buyers.

  • The median age of the first-time home buyer is 32 years old, while the median age of repeat buyers is 54 years old.

  • The median household income of first-time buyers is $75,000, while the median household income of repeat buyers is $97,000.

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