Charlotte REO Specialist – Nancy Braun

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Entries Tagged as 'Charlotte foreclosure homes'

How Many Different Types of Foreclosed Properties Can There Be?

April 19th, 2011 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, How to Find Foreclosures, In the News

Evidently, there are eight. Being that there are more than just single-family homes available, knowing the different types of foreclosed properties can open up potential buyers to a lot more opportunity in the housing market. If you are unfamiliar with REO’s, or foreclosed properties that are now “Real Estate Owned”, you may be missing out on affordable [...]

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Fannie Mae Announces 3.5% Closing Cost Assistance for HomePath Buyers

April 12th, 2011 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, In the News

Fannie Mae announced Monday that purchasers of a Fannie Mae-owned properties through the HomePath program will receive up to 3.5% percent in closing cost assistance. The following is an excerpt from a DSNews article by Carrie Bay describing the program: “The initial offer must be submitted on or after April 11, 2011, and the sale must close on or before June [...]

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The Short Sale Has Gone Upscale

March 2nd, 2011 · 1 Comment · Charlotte Real Estate Investment, In the News

The short sale has gone upscale. As the stress on the economy continues, more homeowners are having difficulty paying their mortgages. The “mortgage crisis” as it is now known, is impacting homeowners across a much broader range of the economic spectrum. Nancy Braun, Owner and Broker-in-Charge of Showcase Realty, is seeing that in addition to [...]

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N.C. Foreclosures Drop 4% in a Year

February 11th, 2011 · No Comments · Charlotte Foreclosures

North Carolina’s residential foreclosures in January fell nearly 4 percent from a year ago but rose 1.2 percent from December. The following are additional statistics reported by the Charlotte Business Journal yesterday regarding the foreclosure rate in North Carolina. Some 3,040 N.C. homes were in foreclosure in January, or one of every 1,401 households, according to [...]

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Are You Possibly Facing Foreclosure in NC? Here are 10 Helpful Tips

February 1st, 2011 · No Comments · Charlotte Foreclosures

Foreclosure can be one of the most devastating events someone can face. It is very prevalent in our current economy and if you or someone you know are going through the foreclosure process in North Carolina, here are some tips from the North Carolina Foreclosure Help website: 1. Don’t ignore the problem. 2. Call the [...]

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Charlotte-Area Foreclosures Jump 37%

January 27th, 2011 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, In the News

Quick Newsflash: The Charlotte Business Journal reported today that Charlotte-Area foreclosures jumped 37% from 2009 to 2010 according to a study done by RealtyTrac. “Some 14,732 homes in the Charlotte-Gastonia-Concord region were in the foreclosure process last year. That equates to one in every 50 households. The metro area ranks No. 81 in the nation [...]

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Charlotte Business Journal: “Mecklenburg, Union worst for foreclosure”

January 13th, 2011 · No Comments · Charlotte Foreclosures, In the News

According to an article published today in the Charlotte Business Journal, Mecklenburg and Union counties had the highest frequency of foreclosures in the state last year, with one in 34 housing units facing repossession. The following is an excerpt from the article: The statewide average was one in 63 units, according to the data compiled [...]

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RealtyTrac: More Than One Million Homes Seized by Lenders in 2010 (DSNews)

January 13th, 2011 · No Comments · In the News

In an article published today by DSNews it was reported that lenders repossessed 1,050,500 homes last year, according to the 2010 end-of-year foreclosure report from RealtyTrac. The following is an excerpt from this article: “The annual figure marks a record-high number of new bank-owned properties tracked by the company. The 2010 tally is up 14 [...]

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Credit Suisse Reports December Traffic: “Charlotte Buyers Lack Urgency”

January 11th, 2011 · No Comments · Charlotte Real Estate Investment, In the News

According to a report released by Credit Suisse on January 6, 2011 demand in the Charlotte home market remains weak as buyers fear further price declines. Charlotte, NC is the 13th largest market in the country. The following are quotes directly from the December 2010 report for the Charlotte, NC real estate market: “Buyer traffic [...]

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New Low for Charlotte Home Prices (excerpt)

December 30th, 2010 · No Comments · Charlotte Real Estate Investment, In the News

Charlotte is one of six cities where home prices have dropped to their lowest levels since 2006 and 2007 when values across the country began to fall, according to a national home price index. The Standard & Poor’s/Case-Shiller Home Price Indices says the average home prices in Charlotte, Atlanta, Miami, Portland, Seattle and Tampa “have [...]

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