Selling Your Charlotte Home in 2010

Are you Considering Selling in 2010? Are you Aware of  the Move-Up Home Buyer Tax Credit?

Sell Early to Take Advantage of Tax Credit

Passed into law in November, the first home buyer tax credits were extended, but a new credit was created, for homeowner who have lived in their home for 5 of the last 8 years, and who buy a home—under contract– by April 30, and close by July 1.

So IF you are planning on selling your home, townhome or condo in 2010, and buying another home, you would want to do it first quarter,

AND get another home under contract, contingent atleast by April 30, so you can qualify for the $6500 tax credit, make sense?

You’d like to Sell in 2010, Your Next Step?

Prepare your home for sale

Start with a walk through of your house… but don’t look at it like you won it, but you are being asked to buy it. It starts with de-cluttering and cleaning, once you’ve done that typically you’ll know if it needs some painting, or minor repairs made… if it needs them, get after them, as soon as possible… because

You’ll need to get your home on the market as soon after the first of the year as practical.

Invite us out, we’ll have a look around and be straight with you, what needs to be done, and just as importantly what does NOT need to be done before getting the home on the market.

We’ll walk you through the process step by step, and if you are serious about moving up, we’ll help you get there.

The good news? Buying another home in Charlotte or Union you’ll be able to buy low there,  almost guaranteed lower than Beverly Crest, and take advantage of a $6500 tax credit to help make up for it…

You need to sell, but the sale price may not cover your loan payoff?

We understand the short sale process. If this is your only way out, we can help. Would you be able to pay a lower amount? If so, and you wanted to stay in the home, perhaps a work out is best for you. Howver, when you just can’t make any significant payment, or only half a payment, then the short sale mighe t be your “
least worse” alternative. Short sales are difficult, and take a good deal of work on everyone’s part, the Sellers included. However, the benefits are substantial, generally your credit is not affected to the sae degree, or for as lon, by quite a marking. Your credit will be better with a short sale than a foreclosure , by far.

That said, Short sales  can NOT be done while attempting a workout. It is one or the other.  Know someone who needs help? We can’t help everybody, but we know how this works, and we can get banks to go on the record, price wise, and that speeds along the process.  Call Today 704-351-1519