Charlotte foreclosures and Charlotte short sales listed for sale here are priced to $500K.
Charlotte Foreclosures, Bank Owned, REO, & HUD Homes
Here, the choices abound in Charlotte Foreclosures Charlotte HUD Homes, REO, and other Charlotte NC investment properties.
If you are hunting for Charlotte foreclosures and you find a good one, be prepared to give your highest and best offer.
Why? Because if it is an unbelievable deal, it will have multiple offers submitted. If you really want the house and are prepared to pay for it… go for it…you may still be up by $50, 000!
Be Prepared When Buying NC Bank Owned Properties
Charlotte foreclosures require ready, willing and able buyers. Don’t jump in the fold and think you can play without your money ready. Charlotte foreclosures and Charlotte short-sales come with a strong warning:
Hire a Realtor-Buyer Beware.
Whether you are buying for your primary residence or investment purposes, buying Charlotte foreclosures, without an agent, can prove to be very costly.
1. Have your financing in place.
2. Work with your agent to glean all the necessary information about the property.
3. Be prepared to act quickly. If you don’t— it’s a good bet someone else will.
Charlotte Foreclosures and Getting the Best Deal
Are you overpaying for the home? For the most part, no. You are just paying a higher price than the listed price. Banks realize at times that in order to sell a property they have to lower its price to such an attractive point that it becomes irresistible.
They know that the price will draw multiple offers and quite possibly drive the price higher than the listed price. Many great Charlotte foreclosures have investors circling the wagons when they come on the market.
Charlotte foreclosures in good condition will be a bit tougher to purchase, than a real estate market that is in worse shape than ours. Some of our Charlotte foreclosures are virtually brand new homes, where others are sold “as is-where is”.
If you are shopping for Charlotte NC real estate, make sure to check out all of our Charlotte homes for sale, some of the great deals are not necessarily Charlotte foreclosures or bank owned properties, but brand new homes and resale homes alike! For all listed Charlotte Foreclosures , click here.