Derhyl Pruitt

The Truth About Offerpad in Charlotte

what is a conventional loan - charlotte homes for sale

If you've turned on your radio or television lately you have no doubt seen or heard advertisements for the Direct Home Buying company Offerpad. OfferPad is part of a new wave of "iBuyer" companies entering the Charlotte real estate market promising to make selling your home convenient and hassle-free. And you know what? They're right on point. Is it convenient? Seems so. Hassle-free? Possibly. But at what cost? Each home owner must determine for themselves how much convenience is worth … Continue reading...

Things to Know When Considering Charlotte Area Home Builders

The Charlotte real estate market is one of the hottest markets in the country and the number of buyers exceeds the supply of existing homes available for sale. Inventory is low, while demand remains high, and the competition for homes is fierce. Charlotte area home builders are the beneficiaries of this housing shortage. Due to this severe shortage, many Charlotte area home buyers are increasingly considering new home builders in Charlotte NC area. New construction in Charlotte NC offer a … Continue reading...

Boom Times Again for Charlotte Home Sellers

This is an incredible time in the housing market for Charlotte home sellers. Today, Charlotte home sellers are prospering due to market forces heavily in their favor. Indeed, this is the best market for home sellers in decades with sellers getting top values for homes. There is a severe shortage of home inventory in the Charlotte market and there are just not enough homes available to satisfy buyer demand. Charlotte area home inventory is at a record low...the lowest level in decades. … Continue reading...

Charlotte Down Payment Resources for First Time Home Buyers

Charlotte Down Payment Resources for First Time Home Buyers - First time home buyers in the Charlotte NC area have an abundance of down payment assistance programs, grants and specialized loan products available to assist in the purchase of Charlotte area homes. For instance, did you know that $15,000 is available to Charlotte area first time home buyers for down payment assistance? That's right! For a limited time, Charlotte area buyers can purchase a home anywhere in Mecklenburg or Cabarrus … Continue reading...

How to Buy a Home in Charlotte With No Money Down!

Do you know how to buy a home in Charlotte with no money down? There are loans available in the Charlotte NC market that provide 100% financing with no down payment required? On top of that there is no PMI....I repeat....no Private Mortgage Insurance! This has the effect of allowing Charlotte area home buyers to qualify for a higher purchase price and/or lower the monthly payment by hundreds of dollars each month. As long as you meet the minimum credit score requirement (680+), employment … Continue reading...

Winter is the Best Time to Sell Your Home in Charlotte

If you or someone you know has been considering jumping into this hot sellers' real estate market in Charlotte but figuring to wait until Spring....don't! Winter is ideal for selling Charlotte NC home. The popular belief is that the Winter months are the slow months for selling a home. This is absolutely not true! People see homes being bought and sold during the Spring and early Summer months, but these homes actually go under contract during the Winter months of December, January, and … Continue reading...

Benefits of Buying USDA Homes for Sale in Charlotte

USDA Homes in Charlotte NC Charlotte home buyers have the opportunity to buy USDA homes for sale in Charlotte Mecklenburg and surrounding areas of Charlotte. USDA financing is a popular home loan choice for buyers interested in USDA Homes in Charlotte NC, and allows home buyers to buy homes in Charlotte with no down payment. When compared to the typical FHA financing, USDA home loans is a lower-cost alternative offering lower monthly mortgage insurance premiums as well as a lower upfront … Continue reading...