Christian Real Estate Professionals : Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods (Helen Adams Realty)

Homes Are Alot Like People...

 

Homes Are Alot Like People...

 

...TLC, a healthy diet and even a little surgery may be required!  As a former nurse, I have come to learn the commonalities that Charlotte real estate shares with patients--they really do have a lot in common.  No anesthesia is required for the treatments necessary to remedy the home aging process though!   As homeowners, however, we may need a little anesthesia when we receive the maintenance bills if we don’t stay on top of our home's aging process right from the beginning.

Needs a facelift

 

1. Homes get wrinkles, too.  Yes, believe it or not, I’ve seen Charlotte homes for sale with sagging plaster, drooping windows and hanging doors.  Brand new “For Sale” signs sit out front, their clean, white sparkle starkly contrasting with the wrinkles.  It’s not attractive; the homes may be only ten years old (30 in house years!), but they look much older.  Be kind to your home – use a little cosmetic surgery when necessary.

 

 

Surgical Instruments

 

2. There ARE cosmetic surgeons available for homes.  Only, in home-speak, they’re called “contractors.”   If you notice that your home has wrinkles and you want to sell it, see what replacements you can afford to have the contractor handle for you before putting your home on the market.  Windows?   They’re reasonably affordable on most budgets and can make a huge difference in how the house looks.  Hanging doors?  Not as affordable as windows, but still doable.  With $10,000 or less, you can give your home a major facelift.

 

 

Tired

 

3. Homes do get tired too.  Have you looked around your house lately?  This is one of the first things you want to do before putting it on the Charlotte real estate market.  Is your home tired and worn out?  Even relatively young homes can show signs of energy-deficiency. Cabinets start sagging.   Doors groan and sigh when you open them.  Windows refuse to stay open all the way and slowly slide back down in the tracks.  Give your home an energy boost.  Even a little WD-40 can make a huge difference, especially on groaning doors.  If we’re talking about groaning garage doors, a $5. can of silicone spray can do wonders (and should be used about once a year to keep them youthful). 

 

 

Bald  roof?

 

 

4. Homes can go bald and get age spots.  It’s true, they can.  What used to be a bright red roof has faded and peeled in places, giving the home an “aged” look.  The real kicker is, to keep it bright and pretty, you have to maintain it, dye it or replace it.  Keep the overhanging oak trees trimmed back to avoid the age-spotting sap from necessitating early hair plugging!  Take care of your home’s head!

 



Got a facelift!

 

5. Homes need TLC too.  To stay happy and healthy, homes need tender loving care too. With a steady diet of maintenance, touchups and cosmetic surgery, your house will be happy and you will be able to find a good buyer too!

If you’re selling your home, make sure it stands proud above the rest—youthful, despite its age!

 

 

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Debe in Charlotte   

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Charlotte NC Real Estate Market Report - June 2010 Newsletter

Charlotte NC Real Estate Market Report - June 2010 Newsletter. June’s market stats in newsletter format covering total residential Closings for the month of May, total Closed units, pending contract, annual appreciation, average residential Closing price and more. View information on our featured neighborhood/complex, The Arlington as well. If you’d like to subscribe to our newsletter, email me and enter “newsletter subscriber” in the subject line and we’ll get them to you as they are published.

***Click on newsletter to view full-screen - hit esc to return to post***

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Coming Soon! The Arlington - Penthouse with Spectacular Views of Charlotte

Coming Soon!  The Arlington - Penthouse with Spectacular Views of Charlotte

The best priced condo in the Arlington!  Luxury corner penthouse with breathtaking views of Uptown, North and West Charlotte.  Gleaming hardwoods and open floorplan.  Perfect for entertaining.  Dramatic balconies with private access from all three bedrooms and the living room.  Gourmet kitchen with Wolf cooktop and SubZero refridgerator.  Spacious master bedroom with large walk-in closet and sitting area that is large enough for a 2-person office. 2-car secured parking included--not to mention the amenities that The Arlington Charlotte NC boasts!

 

 

 

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Debe in Charlotte   

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Charlotte NC :: South End :: The Arlington

Charlotte NC :: South End :: The Arlington

The Arlington Charlotte NCLocated just off South Boulevard, (at the corner of Arlington Avenue, across from Factory South), The Arlington was developed by The Metropolitan Group, founded in 1990 by Jim Gross, licensed architect.  Jim Gross has developed some of the most unique housing in the Charlotte area - from Dilworth Crescent, Ivey's Town Homes (the former Ivey's building in Uptown), Factory South (a turn-of-the-century industrial building turned lofts) and Carmel Crescent to The Arlington, Charlotte's tallest structure in the Dilworth/South End area.

 

Prices start in the $130's and range to over $1.6M.

 

Location & Development Features:

  • Tallest Structure Outside of Uptown
  • Location, Location, Location - Easy access to Uptown, South End, Dilworth, I-277 and I-77.
  • Trolley Access to South End and Uptown
  • Light Rail Access to South Charlotte and Uptown
  • Charlotte’s First Mixed-Use Development Beyond Uptown


The Pink Building Charlotte NC

Complex Features:

  • Breathtaking Views of the entire city
  • Rooftop Terrace - (Many say with the best views of Uptown in the City!)
  • Fitness Center 
  • Rooftop Pool
  • Rooftop Garden 
  • Concierge with 24-Hour Security
  • Plenty of Structured, Indoor Parking


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Debe in Charlotte   

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Charlotte NC Housing Report :: July 10, 2010

Charlotte NC Housing Report :: July 10, 2010

The chart below demonstrates that homes in Charlotte have appreciated each and every year since 1978 with the exception of 2009 and 2010.  According to the index history, one would have to assume that, if values have gone up every year for the past 32 years (with the exception of the past 2 years), there is a reasonably good chance that home values will begin to appreciate again very soon.

***Click the graph below to view full screen***

 

The PMI U.S. Economic and Real Estate Trends Risk Index report predicts that Charlotte will have even higher home prices.  The PMI U.S. Market Risk Index is a leading indicator of the direction of home prices and has a  forecast accuracy of 80%.  

Note:  See page 6 of this report which ranks the Charlotte MSA among the best performing MSA’s in the U.S.

The history of appreciation, coupled with a highly favorable risk forecast and the lowest interest rates in 50 years suggest that it is a great time to purchase a home.

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Debe in Charlotte   

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JUST REDUCED - The Reserve - Waxhaw NC - SHORT SALE!

JUST REDUCED - The Reserve - Waxhaw NC - SHORT SALE!


Overview
Maps
Photos
Features
Description
Market Stats

























$290,000
Single Family Home
For Sale
Main Features
5 Bedrooms
2 Bathrooms
1 Partial Bathroom
Interior: 2790 sqft
Lot: 0.41 acre(s)
Location
2800 Tuscarora Lane
Waxhaw, NC 28173

To get updates on open home dates and other property events, please click the "Like" button below:


Debe Maxwell, CRS

Debe Maxwell, CRS

Helen Adams Realty
(704) 491.3310
Debe@DebeMaxwell.com
http://www.SoldByDebe.com



Listed by: Debe Maxwell - Helen Adams Realty
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Debe in Charlotte   

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OPEN HOUSE :: Charlotte NC Ridgewood Neighborhood :: SAT 7/10 - 1:00 - 3:00

OPEN HOUSE :: Charlotte NC Ridgewood Neighborhood :: SAT 7/10 - 1:00 - 3:00

8200 Cadmium Court


**Did you miss the homebuyer tax credit?  Well here's your chance to get it!  The owners have just reduced the price by $8,000!! Don't miss out again. Come tour today at our open house!!**
 
Ridgewood Open House Charlotte NC

Split floorplan in great neighborhood--absolutely immaculate home!   This Charlotte ranch home was recently renovated with a new roof, new gutters, all new flooring (parquet in kitchen and breakfast areas, tile in foyer and carpet throughout), fresh paint—including both interior and exterior, professional landscaping and more!  Great floorplan with eat-in kitchen and formal dining room overlooking fabulous wooded, flat backyard.  The large den has a wood-burning fireplace.  Master suite has walk-in closet and bath with garden tub.

PLUS, the home has a 1-car garage!  New refrigerator stays with home!   This is not a short sale—but, it is priced like one!  Certainly the best buy in the neighborhood—updated and ready for move-in today!  No HOA dues but, Ridgewood does have an active ‘Neighborhood Association,’ shared with neighboring Amberwood.   Your buyers will be impressed!

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Debe in Charlotte   

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JUST REDUCED - Charlotte NC Fountaingrove Community - Near Uptown

JUST REDUCED - Charlotte NC Fountaingrove Community - Near Uptown!!


Overview
Maps
Photos
Features
Description

























$322,500
Single Family Home
For Sale
Main Features
4 Bedrooms
3 Bathrooms
Interior: 3304 sqft
Lot: 0.32 acre(s)
Location
11340 Fountaingrove Drive
Charlotte, NV 28262

To get updates on open home dates and other property events, please click the "Like" button below:


Debe Maxwell, CRS

Debe Maxwell, CRS

Helen Adams Realty
(704) 491.3310
Debe@DebeMaxwell.com
http://www.SoldByDebe.com



Listed by: Debe Maxwell - Helen Adams Realty
Our recent listings
Subscribe to our listing feed
See more Charlotte, NV real estate for sale


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Debe in Charlotte   

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Are You Up for Selling Your OWN Real Estate?

Are You Up for Selling Your OWN Real Estate?

Are you ready to sell-by-owner?
As I’m sure you are aware, the real estate industry is experiencing one of its worst down markets in history—at least locally it is.  The last thing you want to do is pay commission to a real estate agent, right?  Not to mention the fact that you’re nearly positive you can sell your own home just fine without having had any experience in doing so—it’s EASY! 

 

Before sticking a “For Sale by Owner” sign up, however, you’ll need to make sure that you’re ready for the work and headaches entailed in doing so.

  • Time.  Yes, you absolutely can sell your real estate on your own without the help of an agent but, it takes a lot of preparation and time.  How much is your time worth to you?  How much time do you have to spend preparing, pricing, marketing, procuring a buyer, showing and quite possibly even selling your home?  Before you set out on your own, make sure you can afford the time and energy investment requirements.
  • Service and value.  Going it alone, you’ll lose out on a wide variety of services offered by Realtors®.  For example, many agents now provide home staging services as well as extensive advertising and marketing services both online and off.
  • Marketing bright ideasExposure.  You also need exposure to buyers—real estate agents work together to help their sellers procure buyers for them.  Realtors® also belong to various organizations which allow sharing of listing information among other Realtors® and the public—your buyer.  As well, real estate marketing is our business—we do this full-time and we realize that 87%+ buyers find their homes online—on our sites.

  • Legalities.  Selling a home involves contracts, closings and a multitude of legal issues that can make or break a real estate sale.  Real estate transactions have occasionally led to outcomes that were unexpected, including lawsuits.  A professional helps ensure that the contracts are legally sound, binding and carried out to the letter of the law.

  • Market knowledge.  Realtors® have instant access to current market information. We are able to establish an accurate selling range within minutes after viewing your property.  Since the real estate market is in constant fluctuation, it’s important to have a complete knowledge of the market before pricing your own home.  Otherwise, your risk underselling or overpricing your home.  Public online sites’ estimates and comparable sales are NOT accurate and can cause you to make a costly mistake right out of the gate with your pricing.  

For Sale By Owner - Are You One of the 2%?You will also need experience with legal contracts and excellent negotiating skills.  Recent NAR reports that only 2% of homeowners who market their home for sale are actually successful—and many times, the buyer is a family member or a friend. 

Unless  you have your finger on the pulse of the market,  chances are a costly mistake can and will be made.  

Can you sell your own real estate?
 Absolutely
but, can you really afford to? 

 

If you’re trying to sell your Charlotte NC home and need the expertise of a professional, I can help. Call me at (704) 491-3310 or email me at Debe@DebeMaxwell.com for more information.

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Should I Stay or Should I Go? Strategic Default - One Woman's Opinion

should I stay or should I go?Do You Stay and Pay or Do You Walk Away?

Today, the topic of conversation has been that of strategic default.  Imagine that, a holiday spent talking about America and her celebrations as well as her problems.  Believe it or not, the conversation came up as a result of a post by Lenn Harley that I recently read.  The post, FANNIE MAE SET TO COLLECT ON DEFICIENCY JUDGMENTS CAUSED BY STRATEGIC DEFAULTS, got the wheels turning about this topic and I decided to ask the question--"Would you strategically default if you were upside down on your mortgage and could afford to make the payments?"  

 

First, let's define strategic default:

A strategic default is the decision by a borrower to stop making payments (default) on a debt despite having the financial ability to make the payments due.

This is associated with residential and commercial mortgages, in which case it usually occurs after a substantial drop in the property value is such that the debt owed is (considerably) greater than the value of the property – the property negative equity or “upside-down” – and the value is expected to remain so for the foreseeable future, such as following the bursting of a real estate bubble.  Such borrowers are also called “walkaways.”

Strategic Planning

 

Now, let's further stipulate the following with regards to my question:

  • You ARE financially capable of making your mortgage payments
  • Your home IS showing negative equity (basically, you're upside-down)

The question again now, "Would you strategically default if you were upside-down on your mortgage and could afford to make the payments?"

 

100% of those I asked said that they were committed via contracts with the bank and would not partake in this practice.

Walking Away

 

I do, however, personally know several people who have done this--they made a good real estate decision at the time that they purchased but, with the market tanking, those living in the suburbs (and even in the Uptown/Midtown areas of Charlotte) have found that our values have simply plummeted.  These homeowners have made, what they call,  'business' or 'financial' decisions to default on their mortgages--none of them were in a distressed situation, they just chose to leave the keys on the counter, vacate the property and never make another mortgage payment.  Many of whom have already made other real estate purchases--getting 'great deals' on property and purchasing before their previous payment history becomes a negative on their credit report.

 

I, for one, am in the same boat that they are/were--I own two properties that have each lost well over $100K in the last 3 years.  My credit score is near perfect and VERY valuable to me so, perhaps foolishly in some minds, I am staying put and not walking away from either one of these mortgages.  Keep in mind that both are in great areas (one in the city, one in the 'burbs') but regardless of that fact, the values are plumeting in both areas.  On the street that I live, there are now two rentals--absolutely UNHEARD OF in the past several years!  Those homeowners made the decision to hold onto the property and rent for several years until they've either paid a hefty amount on their principle or the market turns around considerably.  There are alternatives to walking away.

Stay or  Go?

 

It is frustrating for me to see folks who are in no distress strategically default.  I signed a CONTRACT that I would re-pay both of these mortgages and plan to continue doing so.  I will not walk away from my word.  As I see it, that's what strategic default really is. 

On the other hand, I'm extremely angry with the government's handling of the economy; I too am a 'victim,' if you will but, I will not go back on my word when I am financially capable of continuing to pay these mortgages--I am NOT in distress and neither are those who strategically default (hence the name "strategic default").

 

 

We're not talking about those who are defaulting because they have had major financial strains that have put them in short sale or foreclosure situations--we're talking about people who don't keep their word yet, who COULD keep their word--and I feel, SHOULD.   Their claim of default being a 'business' decision is what I have a problem with--who wants to do business with someone who doesn't keep their word or goes back on it--leaving the bank holding the proverbial empty bag?  

 

Their rationalization is that the banks can afford it--or they're the cause of their losses!  All banks were not the villans here--many took TARP money because they HAD to, not because they WANTED to--another Paulson-brilliant-idea but, that's a whole other can of worms.

In my opinion, your word is your bond. 

What would YOU do?Let me add that I've been in situations representing clients who have done everything in their power to get the banks to give them a helping hand--who truly need the help--with no response or a flat-out denial with regards to refinancing or restructuring their mortgages.  We then, put their homes on the market as a short sale, and despite having a Contract submitted, (and are 4-5 days from Closing), the bank forecloses--out of the blue!  We've had the bank provide commitment to hold off on the foreclosure for 4 weeks beyond the Closing date, yet still, the bank foreclosed.   Yes, another can of worms that will be opened one day in another post!

I guess I'm writing this post to both inspire discussion and give me a reason--a good, solid, respectable reason--that you would consider default.  

For me, the keyword here is respectable but, convince me, nonetheless.

Debe in Charlotte   

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