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FAQs About Charlotte Category

New Charlotte Ranch Homes in Short Supply|Ask the Broker

November 7th, 2007 4 Comments » Listed Under: FAQs About Charlotte

Charlotte Communities and  Real Estate

A buyer asked this week, "Why are there so few ranch homes in Charlotte?" In a city where you can almost trip over new home subdivisions, Charlotte, the 9th largest New Home market in the US, has few ranches to choose from. Frequently it is asked by Floridians, where the ranch is king, like the one below... It is a good question, I'll try and answer...(hint home below is� a Florida home) There are at least a couple of reasons...Continue Reading!

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What Every Buyer Should Know!|How Much Deposit Do I Need to Make an Offer?

October 29th, 2007 Leave A Comment Listed Under: FAQs About Charlotte

Charlotte Communities and  Real Estate

Deposit Questions, New Homes and Resale Homes Answered by North Carolina Real Estate Broker Terry McDonald There are two different deposit/contract situations to consider, is it a new home or is it a resale home? Just a word of warning, the new home contract is the quintessential "one-sided" contract-- it is very strong builder rights, low on Buyer rights, but high on Buyer responsibilities, low on builder responsibilities. I'll say more at the end regarding this issue. The...Continue Reading!

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Charlotte, NC Real Estate|The Secret of “Tax Value”, What Is It and How do Property Taxes Work in Charlotte?|

October 27th, 2007 Leave A Comment Listed Under: FAQs About Charlotte, Taxes

Charlotte Communities and  Real Estate

Answers From Charlotte Real Estate Broker Terry McDonald... There isn't any secret, just mystery and misunderstanding. Tax Value is the result of a drive by appraisal by a stat hired appraiser, sometime in the past 8 years, andnoted to the proerty address for the purpose of computing property taxes... It is not terribly scientific, it usually doesn't represent value in any way, and is NOT adjusted at the sale of property (except new construction). But it is an indication of possible...Continue Reading!

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In Charlotte, How long does it take to close on a home?|Ask the Broker|FAQ

October 27th, 2007 Leave A Comment Listed Under: FAQs About Charlotte

Charlotte Communities and  Real Estate

Answers from Terry McDonald, Charlotte North Carolina Broker The short answer? It is the time it takes to secure and close a loan. Cash customers could close in a couple of days, if they weren't concerned about inspections. Typically, loans close in 30-40 days, near the end of the month. WE can and do negotiate different closing dates when the need arises. Generally we don't have the title issues that make some states take longer to close (New York...Continue Reading!

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the Pursuit of Happiness|Charlotte Communities and Neighborhoods…

February 4th, 2007 2 Comments » Listed Under: FAQs About Charlotte

One of my recurrent thoughts through the years is that the newcomer's greatest worry may be, "Will I, or my family, be happy here?" And of course it is the question I nor anyone else can answer for that individual or family... the corollary is "What's Charlotte like?" is a little more answerable. To that I have several thoughts I'd like comments on: Charlotte isn't a stereotypical "Southern" city, there are too many "imports" for the Southern culture (that is...Continue Reading!

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Relocation fears, tears and worries

February 3rd, 2007 1 Comment » Listed Under: FAQs About Charlotte

As many of you know, I have spent a good bit of my time helping familes relocate throughout the area, and I have tried many times to see what you see. I know, if you are coming from another area of the country, there is a fear that you won't be happy here... I know there is a fear that comes with the unknown...Are there still a lot of sterotypes about the South? Those of you who live here, how...Continue Reading!

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Another Big Question…What is Charlotte Like?

September 12th, 2006 Leave A Comment Listed Under: FAQs About Charlotte

That is a big question, but a good one. I'm going to answer it a couple of different ways. Charlotte is a large modern city in the south, but it is not a Southern city, not in the way Atlanta, Savannah, Memphis or Charleston might be... Charlotte is primarily inhabited by people not born in the south, but have come here from all over America to raise their family's, get started in their careers, or both. While North Carolina...Continue Reading!

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The McDonald Group
Wilkinson and Associates ERA Powered
8604 Cliff Cameron Dr ST 110
Charlotte NC 28269
704-390-6221 Cell
704-393-0048 Office
Licensed in NC & SC
USAA Certified
ERA Luxury Home Certified