Charlotte Area Real Estate Best Buys

With mortgage defaults and foreclosure filings declining nationally, and in the Charlotte, NC area, could it be that real estate prices have reached bottom?  As more foreclosed homes are absorbed into the market and fewer bank owned homes replace them, the downward pressure on real estate prices ...

[As in all editions of this blog, the "BEST BUYS" are listed at the end of this article.  If you would like to by-pass the article, scroll down to find the specific properties.]   Whether you are a first time homebuyer researching the purchase your principal residence or you are a seasoned inves...

Most people know that “HUD” stands for the U.S. Department of Housing and Urban Development.  Most people associate HUD with subsidized rental and low income housing.  However, HUD offers a great deal more than these programs.  One of the greatest sources of great potential bargains for both owne...

[As always, the BEST BUYS appear after the article below, at the end of this edition of the blog]   As I discover what I consider to be some excellent opportunities week after week, one theme emerges more than most others: the need for updating and renovations.  In this market, even a move-in rea...

[As in all editions of this blog, the BEST BUYS follow immediately after the text of the article below] Anyone who doesn’t live on a remote desert island knows that we are experiencing the most challenging economic climate since the Great Depression.  The tailspin our economy has endured over th...

[NOTE: As in all editions of this blog, the Best Buys appear at the end of the article below.] Solid analysis identifies great opportunities, and wading into the troubled waters surrounding “distressed” properties certainly provides no exception to this maxim.   In fact, the need for careful mark...

 [NOTE: The Best Buys in this edition of the blog, like all other editions, follow the article.]   “Solid analysis identifies great opportunities…”  That’s true in all facets of life, but it is especially true in this uncertain real estate market.  Sophisticated investors have long embraced techn...

[NOTE TO READER: The Charlotte Area BEST BUYS are at the bottom of this article] There is increasingly a sad, frightening consensus among business leaders, economists and talking heads alike that we can expect little or no leadership or positive action from Washington on the floundering U.S. econ...

So you’re looking for a bargain.  This is certainly the best market in a generation in which to find value.  While many buyers appear to recognize that opportunities abound, many also have little idea of what they may expect when they begin dealing with sellers of “distressed properties.”  Most s...

In the last several years, with an uncertain economy, real estate prices in decline for the first time in most people’s lives, mortgage financing much more difficult to secure, and a general sense of fear pervading nearly every important decision, many people have opted to become renters rather t...