Charlotte, NC buy and sell homes: Once you select a lender, you should speak with a loan officer as quickly as possible. At this point, there is one thing you should know. Pre-qualifying means absolutely nothing. All pre-qualifying does is determine the amount of the loan you could qualify for based on factors such as your credit, salary, etc. It does not guarantee that a lender will actually loan you the money. It’s more important to get PRE-APPROVED. Pre-approval means that your application has been submitted to a lender who is willing to extend you a specific loan amount, pending a property and appraisal. Being pre-approved lets you know that you won’t be denied for a loan, and it also provides you with leverage to negotiate the purchase price of a home with the seller.

When looking at homes, you should seriously consider ignoring paint and landscaping. These are two items that are easy to fix, and they should not impact your decision making when purchasing a house. If the home has a terrific location and the paint/landscaping is poor you shouldn’t rule it out, you have to be able to envision what the house will look like when you move in and make changes. A lot of time buyers will not be able to overlook paint or landscaping and this gives an opportunity for others who know how easy it is to fix. Location is something you can’t change, paint and landscaping is something you can.

When you choose a professional Realtor to help sell your home, you are hiring an advertising and marketing expert with strong negotiation skills. At Grant Street Realty, we are professional realtors in Charlotte, North Carolina. We’re licensed in both states of North and South Carolinas. Our job is to know the best way to reach those buyers, make your product shine through the masses and help you arrive at an offering price that will attract the right purchaser. When we start working together to sell your property, we will develop a plan that will meet your expectations and achieve your goals. We want to make this process as smooth and informative as possible for you. Discover even more info on Charlotte North Carolina realtor.

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.

We’re licensed real estate agents in North Carolina and South Carolina. We’re very knowledgeable and experienced with real estate markets in the Carolinas especially Charlotte, Ballantyne, Indian Land, Waxhaw, Weddington, Marvin, Matthews, Mint Hill and the surrounding areas. If you’re new in Charlotte, or interested in selling or buying properties. At Grant Street Realty, helping you accomplish your investment plan is our highest priority. We are property management company in Charlotte, NC that you can count on. Contact us today to discuss more about our property management services in Charlotte, NC at: 704-497-5533. Read extra details at grantstreetrealty.com.