Mary Schurr Charlotte NC Real Estate

Reavencrest, Charlotte  - Don't miss this showstopper townhome in the desirable Blakeney/Ballantyne area listed at $164,900! A soaring 2 story Foyer & Living Room greets as you enter this well maintained end unit. There is lots of natural light through all the windows. Hardwoods and molding in the Foyer & neutral carpet in the Living Room awaiting your personal touches. The open floor plan from Living Room, Dining Area, Kitchen, & Den flows well for entertaining family & friends. The owners added crown molding to the Dining Area to complement the columns. The space could accommodate a larger table and there is enough room for the china cabinet. The Kitchen has a great view of the nicely landscaped backyard & has space to enjoy as a Breakfast Area & there is a pantry. Hanging rack can be used for pots and pans.

 The Den can be used as an Office or Both with lots of windows for great light. Paneled mantel over fireplace with gas logs will welcome you on those winter evenings. Neutral carpet here as well and the ceiling fan is remote controlled. There is a real Laundry Room...not a laundry closet! You actually have some extra floor space, too.  The ½ Bath on the main level has a vanity with storage & an upgraded light fixture. Enjoy your patio with tasteful landscaping providing privacy & lots of space. In summer the owners have a kitchen herb garden just off the patio. Even in winter there is fragrant rosemary.

Upstairs the lovely Master Bedroom has a walk in closet, upgraded ceiling fan, neutral carpet & attached Master Bath...all ready for you to move in! Newly installed tile floor & large double sink vanity help show off this spacious Master Bath. Picture frame mirrors, upgraded light fixtures, separate shower, & garden tub complete this Master Retreat. Even a rain showerhead is installed! A bath in the huge tub will allow you to say goodbye to all your worries at the end of a long day. Light the candles, turn on the music, and relax! Bedroom 2 is currently used as an office, but the neutral carpet, upgraded ceiling fan, & extra space are ready for you to use as a secondary Bedroom or as an Office. Ready for guests or family! The 3^rd Bedroom has the same neutral carpet & upgraded ceiling fan. 2^nd Bath has a vanity with storage, tub/shower combination, upgraded light fixture, & a rain showerhead. All very neutral to allow your special touches.

 New outside light fixtures, new disposal, & 2 yr. old A/C. Attached Dining Area wall piece does not convey. $4,000 in closing costs with acceptable offer.

Property information

September 2011 Charlotte NC Real Estate Market Newsletter-This month report which shows the previous months market activity continues to show a reduction in inventory which typically occurs this time of the year. The good news is the reduction is greater than the past couple of years for the same month. Prices are still slightly dropping in some areas, but others are showing signs of leveling off. Contact me if you would like market information on your neighborhood!

Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County

Qualifies for FHA Mortgage

Just listed Pottery Barn Beauty in the Center of Charlotte, NC. This gem has all the upgrades, too. Hardwoods on most of the main level and in Master Bedroom. The gourmet Kitchen has granite countertops, cherry cabinets, tile floors, and stainless appliances. Master Bath has tile floors, undermounted double sinks, granite coutertops, picture frame mirrors, and a garden tub/shower. The second Bedroom is upstairs with its own private Bath creating privacy for guests or roommates. Second Bath has a undermounted sink, granite countertops, tile floor, picture frame mirror, and tub/shower. There is a large room on the main level that is currently used as an Office, but could have many other uses. There is a wonderful porch and patio that is great for relaxing at the end of the day...rain or shine! This is a gated community, but this townhome's backyard is fences as well. Priced at $224,900. Great location that is close to light rail, Freedom Park, Park Road, Shopping Center, Myers Park, Dilworth, Southpark, & Uptown (Business District) is only 3.5 miles away. Schools are Selwyn Elementary, Alexander Graham Middle, and Myers Park High. Qualifies for FHA Mortgage. Move-in ready!!!

Property information

Charlotte NC Real Estate Market Newsletter June 2011-Check out these stats on the Charlotte NC Real Estate market. The data is from the month of May 2011 and from our local MLS. Keep in mind our MLS covers other counties and is not just Mecklenburg Real Estate. Last May 2010 had closings that may have been generated by the tax credit that required them to be closed by June 30 2010.

Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County

Market Absorption Trend: Madison Park, Charlotte NC- Madison Park is an older neighborhood with larger lots, beautiful big oak trees, nicely landscaped yards, and mostly brick homes. Close to Light Rail Stations, Southpark, Park Road Shopping Center, Parks, Restaurants, and Shopping make it a perfect location for a buyer. Only 7 miles to the heart of Uptown makes for an easy commute. Charlotte Douglas International Airport is just 8 miles away and one of the area's main hospitals, Carolina Medical Center is less than  5 miles away. Take advantage of the current home prices in Madison Park while it is still a buyers' market!

 Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County.

 Buyer Loves the Neighborhood, But the House needs work! We have heard that a few times. There are so many homes on the market, but not all of them work for every buyer. Many sellers cannot afford to make the changes, updates, or repairs. But, some of these homes for sale could work with a few changes. New carpet, paint, tile, or hardwoods? Maybe, the home needs a lot more such as a total Kitchen or Master Bath renovation? But, the buyer does not have enough money to pay for the changes, closing costs, and down payment out of pocket. This is where the FHA Mortgage comes in!

There are two types of 203 K mortgages-the Standard and the Streamline. Here are a few of the differences.

All of the work has to be completed within 6 months of closing, but the buyer funds the work through their 203K mortgage. Loan limits depend on your area, but can run as high as $729,750 (Charlotte, NC is $303,750). There are energy efficient changes that will allow the loan limits to be higher for their value, too. The appraisal is completed with the value of the home after renovations. Owners must use the home as a primary residence for one year. Those are just a few of the requirements and options.

This would certainly help remove some of the more challenging listings off the market. For those buyers that find the home in the right location, but just need another bathroom or to expand the Master Bedroom; this could be the answer. As a real estate agent I am aware of many of the features of the 203K Mortgage, but to share all of them could turn this into a very long blog! Your mortgage representative will be the true expert for the details of this loan. It can be a complicated process, but for some buyers AND some sellers it could be very worthwhile.

Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County.

Last year our Charlotte NC Real Estate market had the tax stimulus available to buyers as long as they closed by April 30th, 2011 and they were required to close by June 30th, 2011 in most cases. Certainly, that drove up our numbers for several months last year as far as pendings (homes under contract) and closings. It is difficult to compare this year's numbers to that time period, but here are some stats to review data comparing last month and last year. Average sold prices, number of homes under contract, and number of homes closed-all helpful information if you are thinking of buying or selling. Or just following the Charlotte NC Real Estate market the same way you monitor your retirement account reports! Click below to view.