Buying a short sale home in Charlotte, North Carolina can seem like a good deal because of the reduced price and reduced buyer competition. However, it’s easy to fall victim to the risks of buying a short sale home, especially since many of these situations are out of the buyer’s ...
Short sales can be a unique approach to buying a Charlotte, NC, home for sale. They're also beneficial for both sellers and lenders because short sales allow them to save time, money, and other resources. All three could otherwise be lost in a foreclosure procedure before selling the property altogether. The ...
Homeowners who aren’t able to pay off their mortgage face a scary dilemma. This is especially true in times when home prices are declining while unemployment is on the rise. This means their mortgage payments are way higher than the value of their home, which takes away selling it  as ...
Many first-time buyers never consider buying a short sale home. It’s a shame too, considering that new homeowners can save a lot of money this way. For a first-time buyer in Charlotte, NC, a short sale is a great way to stay within their home buying budget. Short sales are ...
When a homeowner can no longer pay off their mortgage in Charlotte, NC, the house may be foreclosed. However, a short sale is a better alternative to an eventual foreclosure. In a short sale, a house sells for less than, or short of, the amount left on the mortgage. This ...
Are you reading this because you are considering a short sale for your home? Most likely the answer is yes, so here are some questions and answers to get you started! What is a Short Sale? A short sale takes place when the bank lets the homeowner sell their home ...
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