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Charlotte University, Ballantyne and Lake Norman Homes | 704.608.2794Charlotte University, Ballantyne and Lake Norman Homes | 704.608.2794

Specializing in homes in University City, Ballantyne and Lake Norman areas of Charlotte

Charlotte University, Ballantyne and Lake Norman Homes

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3 Tips for Buying a Short Sale

3 Tips for Buying a Short Sale

If you’re thinking about buying a short sale, your Charlotte Realtor® can help you find the best possible home – and you’ll do even better if you follow these simple tips for buying a short sale. 3 Tips for Buying a Short Sale First things first: It’s probably in your best interest to work with an experienced real estate agent if you’re buying a short sale. These types of transactions are typically very complex and time-consuming, and most people find that it’s best to have a seasoned … Continue reading...

Posted in: Home Buying Tagged: Short Sale

Advantages and Disadvantages to Buying a Short Sale

Advantages and Disadvantages to Buying a Short Sale

For buyers, snagging a short sale can be a great deal. You may have the chance to buy a home at slightly below its fair market value – but it has its downsides, too. Advantages to Buying a Short Sale Most sellers use a short sale as a way to avoid foreclosure. (Contrary to what many people think, foreclosure is a nightmare for lenders, too – it’s costly and time-consuming.) That means if you buy a short sale, you’re likely helping the seller quite a bit. However, there are other … Continue reading...

Posted in: Home Buying Tagged: Short Sale

What is a Short Sale?

What is a Short Sale

In real estate, a short sale doesn’t have anything to do with the amount of time it takes to close (in fact, it’s can be the opposite of “short”). Instead, it refers to the amount of money the sellers owe and what they’re charging for the house. What is a Short Sale? A short sale is the act of selling a home for less than the amount of the mortgage still owed on it. For example, someone who owes $200,000 on a home may end up selling it for $190,000, leaving $10,000 still owed to the … Continue reading...

Posted in: Home Buying Tagged: Short Sale

What You Need to Know Before Making an Offer on a Short Sale

What to Know Before You Make an Offer on a Short Sale

If you’re buying a home for sale in Weddington, a condo for sale in Charlotte, or any other home that’s listed as a “short sale,” you need to know what you’re getting into—and knowing as much as you can could save you big headaches down the road. What is a Short Sale? The name is a bit misleading. A short sale isn’t a home that moves on and off the Charlotte real estate market quickly; it’s a home that the lender is willing to sell at a discounted payoff. The seller’s lender is typically … Continue reading...

Posted in: Charlotte lifestyle real estate blog Tagged: Buying a Short Sale, Financing, Lender, Short Sale

Can You Buy a House With Bad Credit?

Can You Buy a Home With Bad Credit - Charlotte Homes for Sale

For most people, the prospect of buying a house after a foreclosure or bankruptcy looks pretty grim—but it doesn’t have to be. You can still buy a home if you have bad credit; the catch is that you’re probably going to pay more than a buyer who doesn’t have a recent foreclosure or bankruptcy. The good news? You can begin to repair your credit quickly after filing bankruptcy or having a home foreclosed, and these tips can help. What Happens to Your Chances of Buying a Home After a Foreclosure … Continue reading...

Posted in: Charlotte lifestyle real estate blog, Home Buying Tagged: Bankruptcy, Buying a Home With Bad Credit, Credit, Credit Score, Foreclosure, Short Sale

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2204 Rozzelles Ferry Road Charlotte, North Carolina

2 Beds 1 Baths 1,217 Sq Ft 0.18 Acres

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Pruitt Miller Realty Group - Huntersville
Homes for sale in Charlotte NC
13420 Reese Blvd W
Huntersville, NC 28078
Direct Phone: 704-608-2794

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