According to Business Insider, Charlotte ranks among the best place to buy an investment property or own a home. Check out how Charlotte measures up in the article linked below:
https://www.gobankingrates.com/investing/best-worst-cities-own-investment-property/23/
To all the buyers out there that have ever experienced the heartbreak of losing a home they loved to another offer, here are 3 top tips to never experience the loss of your dream home again.
1. Work with a Realtor Who Knows What Works
Of course, if you’re in Charlotte, NC the only step you need to get your offer accepted is to work with me, an expert Charlotte Realtor. I know how to get offers accepted. But if you’re not so lucky😀 you want to work with a Realtor that knows how to put your offer in the front of the sellers over any other offer on the table. There are several ways to do that it takes a Realtor that knows the market. It also takes a sixth sense in which a Realtor just knows what has to be done to win over your offer over the other offers the seller is considering. This careful footing requires a mix of experience and intuition.
2. Put Some Skin in the Game
If you are a buyer and you’re really set on a home, to the extent that you have already pictured your children growing up in the home, prom pictures and backyard weddings than in order to have a strong chance of getting your offer accepted over others it’s best to put some skin in the game. What do I mean by skin in the game? Offer Due Diligence and Earnest Money along with your offer. The due diligence fee is the amount paid by the buyer directly to the seller, which the seller keeps no matter what. If the deal closes, the buyer will have that amount credited back at closing. But either way, that amount up front is the seller’s to keep. earnest money is a deposit made to a seller showing the buyer’s earnestness or good faith in a transaction. I typically see earnest money deposits ranging from 1%-3% of the purchase price. For example, On a $300,000 transaction, a buyer in the Charlotte market would typically make an earnest money deposit of $3,000-$9,000. The earnest money deposit is not set and is to be negotiated between the buyer and seller. If you want to catch the attention of the seller then it is suggested to offer both Due Diligence and earnest money.
3. Have Everything Ready to Go
Having a strong offer and having your offer ready to present to the sellers will put your offer to the front of the pile in a multiple offer situation. Having everything ready includes having your pre-qualified/ proof of funds letter from a qualified lender, a fully completed offer from your realtor, and copies of your due diligence and earnest money check. If the situation calls for a personal touch it would not hurt to tell the sellers in a letter why you love the house and send it in the offer packet.
There are some tricks I simply cannot post that get my offers accepted happily every time but for the typical buyer, you can’t go wrong if you follow the 3 tips above on how to get your offer accepted, even in a seller’s market. I wish you all to have the house of your dreams!
In the past, I held on to everything, old receipts (where the print had become virtually undetectable), obscure electronic plugins (that I have no idea what electronic item they actually attached to), old clothes, socks and earrings without a match. EVERYTHING! However, at the age of 36 years old I was seemingly ready for a new life. It seems so easy writing it now, I’m ready for a NEW LIFE, yeahhhhhhhh! READY 123. But it was probably the hardest thing I have ever done in my entire life.
This life transition was a process that started before I even knew it began. I think I started to become Slightly aware I just signed up for a life change when I was smacked dab in the middle of the transition. I had been working on a real estate project for Tiny houses in Charlotte. The Tiny house project inspired me to research this minimalist lifestyle. That’s when I found the movie Minimalism on Netflix. The movie was a game changer. I began to slowly get rid of small items in my environment and clear my space. Again I had no idea the journey I was embarking on at that point. I thought I was just doing some research!
After months of delays and project setbacks, the tiny house deal fell through. Okay more like I fell through the deal. A change of direction was abruptly implemented, the change was me. I didn’t like how I was treated and I didn’t like how I responded to the way I was treated and either did the builder and his Best buddy the loan officer. I cried in front of my boss. I felt unprotected. More on that painful life lesson later! …Long story short the tiny house project never took off and my former real estate agency is no longer working on the tiny house project at all. In fact only 1 house out of the initially projected 80 to 60 homes have been built. Although I support the tiny house movement (in theory) leaving after it wasn’t working out was truly a blessing in disguise. I ended up selling a home to a young first time home buyer who initially was interested in purchasing a tiny house ( she attended my tiny house party event). Her beautiful full sized home I sold her was for the same price of a tiny home! But I digress… That wasn’t the real journey. I was still on the journey I was intended to be on, the one I didn’t know …I was on. I just didn’t know that the tiny house project was simply a catalyst for change that helped me focus on my true journey. Comprenez vous? I had to separate from the project I was entangled in because I never would have let go if the choice was left up to me. I wish there was another way but I have trouble letting go….
Back on my journey, the one that I didn’t know I signed up for or couldn’t find the initial details to what I was to do exactly, that’s the one. I began to move on to what I felt in my heart. I followed my gut. My last words after my… let’s call it “a change in direction meeting” in a teary voice I simply said I want to travel and write. And that’s what I did. I started to see what else could be eliminated from my life. I needed to eliminate everything that was holding me back from my future. I sold my very own home and everything in it. It was a deal I never wanted to make. I would be fine just continuing on in my life as it was, but it wasn’t the life that was intended! So after being pushed to the corner just before the ledge, I jumped, I let go screaming & kicking all the way …UP
“The truth is unless you let go, unless you forgive yourself, unless you forgive the situation, unless you realize that the situation is over, you cannot move forward.”
― Steve Maraboli, Unapologetically You: Reflections on Life and the Human Experience
