Month: October 2007

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, …

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

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 …

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

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 …

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