Raine's Blog

As a buyer of real estate, it is always good practice to insure everything you can think of!  Banks insure their investments by making sure the borrower takes mortgage insurance.  This type of insurance insures that if the borrower does not have at minimum 20% equity, i.e. Down Payment in the dea...

Well, if you are in the market to buy, sell or in the research phase, you might have come across these titles and are a bit confused about what they are.  Good news, you've stumbled across the perfect blog post today because I'm going to clear your thoughts about the different type of relationshi...

Well, if you are in the market to buy, sell or in the research phase, you might have come across these titles and are a bit confused about what they are.  Good news, you've stumbled across the perfect blog post today because I'm going to clear your thoughts about the different type of relationshi...

Well, if you made it as far as actually getting a closing date and time, and it is now the morning of, expect the following: First and foremost, you should have received a HUD-1 form, also known as the "Settlement Statement" before closing.  It is usually an 11x14 form that will show all costs to...

Buyers want to see if the property they will ultimately live in with their families is good enough.  And so inspections are important! Too much fixing up that will take too long on some properties they pass on. Investors just want to see if they can make money after the purchase.  Fixing up is ju...

Then why do you cancel viewings when I call the appointment center to schedule a showing with my BUYERS who may be interested in BUYING your property??!!! Do you really understand the possibility that I just may have that BUYER that is serious about buying your property? Why is it an inconvenienc...

For the month March 2010, the following is the market update for Northwest Charlotte: There were 45 properties SOLD! AVERAGE SQUARE FOOTAGE = 1,699 AVERAGE # OF BEDROOMS = 3 AVERAGE # OF BATHROOMS = 1 FULL, 0 HALF BATHS AVERAGE LIST PRICE = $102,775 AVERAGE SALES PRICE = $99,723 AVERAGE DAYS ON M...

For the month of March, the Ballantyne Area market report is as follows: 49 Properties SOLD! AVERAGE SQUARE FEET = 2797 AVERAGE BEDROOMS = 3 AVERAGE BATHROOMS = 2 FULL, O HALF BATHS. AVERAGE LIST PRICE = $319,468 AVERAGE SOLD PRICE = $305,052 AVERAGE DAYS ON MARKET = 98 That's an 8% DECREASE for ...

For the month of March, the University area's market update is as follows: 56 Properties SOLD. Average Square footage = 2242 Average Bedrooms = 3 Average Bathrooms = 2 Full, 0 Half. Average List Price = $181,190 Average Sold Price = $173,912 Average Days On Market = 118 That's an 11% price increa...

All home buyers are very aware that signing contracts is part of buying a home, either with a builder or home owner.  It is inevitable that the agent working with a buyer will know the level of their excitement.  The buyer will literally say it, or their actions will show.   As an agent working w...