Leigh Brown's Blog, Thoughts on Charlotte NC/Cabarrus County NC Real Estate

Leigh Brown

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Displaying blog entries 1-10 of 196

The $8000 tax credit to first-time Charlotte home buyers just got better!

Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, has announced the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a downpayment.

What does this mean, first-time Charlotte home buyers will not have to wait to file their tax return to get the $8000 and will be able to use these funds when they close on their home loans so that the cash can be used as a downpayment. FHA approved lenders will be permitted to “monetize” the tax credit through short-term bridge loans, allowing eligible home buyers to access the funds immediately at the closing table.

This is GREAT news for first-time Charlotte home buyers who are often tight on cash when purchaing a home.

Give us a call today to learn how to take advantage of your $8000 credit.

How To Get The Best Deal When Buying a Home in North Carolina

50% off List Price-Cheap Houses in Charlotte NC!

 

Good Neighbor Next Door program houses available immediately:

*eligible buyers include firefighters, police, EMT, and preK-12 teachers*

*houses are available at 50% off list price.  Purchaser must live in the house as their primary residence for 3 years, at which time the equity is theirs!*

 

 

4421 Roadway St                    Charlotte NC 28208

            $41,000  3 bedroom/1bath

 

4047 Cindy Woods Ln           Charlotte NC 28216

            $71,000  3 bedroom/2.5 bath

 

2617 Meadow Knoll Dr          Charlotte NC 28269

            $73,000  2 bedroom/2.5 bath

 

8242 Kings Creek Dr              Charlotte NC 28273

            $86,000   3 bedroom/2 bath

 

10915 Wiltshire Ln                Charlotte NC 28262

            $92,000  3 bedroom/2 bath

 

6409 Castlewynd Ct               Charlotte NC 28212

            $99,000  3 bedroom/2.5 bath

 

 

Call Leigh Brown for more information, 704.688.5005.  Deadline for placing a bid is midnight, December 9th.  Houses will be made available to the general public on December 10th.  If you are not quite ready to purchase but would like to be informed of these houses as they come available, please email us at leigh@leighbrownandassociates.com to be placed on the watch list.

 

If you're not eligible for the Good Neighbor Next Door program, but would like to be informed of great foreclosure deals-or just great discounted homes in Charlotte and surrounding areas-email us and let us know what you're seeking.   You can also search on our MLS site to your heart's content!

 

We're always glad to help! 

Habitat Cabarrus House Starts Saturday 10/4!!

So you're feeling a little anxious these days?  Worried about the economy and the election?  Come get things back into perspective starting this Saturday, October 4 2008 as we begin the construction of the Leigh Brown house for Habitat Cabarrus.

We have a family ready to go to work, ready to get out of substandard housing here in Cabarrus County- into a home of their own where they have a safe place to live-and can build their own wealth.

I've been setting aside a portion of each commission for the past two years to fund this house. I feel very strongly about giving back to the community in which I live and work-and this is more than me.  Many of my clients have matched my efforts and we are ALMOST funded on the house.  If you feel so moved, you can make a donation to the Leigh Brown house (tax-deductible of course).  $60 buys one square foot of the house.

If you're not entirely familiar with Habitat for Humanity-or perhaps have just never looked into the specifics of the mission-here's the scoop.   Our Partner Families aren't getting anything free-they are hard-working folks who make less than the median income in the area, perhaps have a credit glitch or three-but are willing to commit to extensive financial counseling, home maintenance classes, and are willing to spend their Saturdays building homes for others and then themselves.  Upon completion of the requirements, the Partner Families have a home built for them which is provided on an interest-free mortgage to make it as affordable as possible.  In Cabarrus County alone, over 110 families have boosted themselves out of substandard housing with a little help from friends-like you.

For more information, to find out the build schedule, or to volunteer, please email me today.  I am so proud to serve my community-I have received so much, I can do no less than give back in any way that I can.

5907 Hornbeam Court Charlotte NC 28269

 

You know you love Highland Creek-who wouldn't?  A full golf course (public, with special privileges for residents of the community), 5 pools, tennis courts, miles and miles of walking trails, pocket parks throughout...and residential homes from the mid $100s to over $600,000.

Which makes this particular house for sale in Highland Creek at 5907 Hornbeam Court an even more attractive option...you'll be in the lower end of pricing for one of Charlotte NC's all-time best selling neighborhoods!

This home has been staged and is clean as a whistle, plus it's priced to sell at $192,500.

For more information or to schedule your private showing, please call or email Leigh Brown today-we're always glad to help!

 

 

 

500 Terrace Drive Kannapolis NC 28083

I know you've all heard about the North Carolina Research Campus which is just opening in Kannapolis NC.  You may be wondering how to be a part of the excitement if you're in California or New York or Missouri. 

You know that the answer may just be investing in real estate.  Many of my investor clients live out of state-and have few problems with management once they've retained a professional property management firm here in the Charlotte NC area. 

This great home for sale at 500 Terrace Drive in Kannapolis NC makes an excellent investment, especially if you don't have the funds to buy an expensive home. Located just minutes from the North Carolina Research Campus and in the heart of an established neighborhood, you could get this home rented quite easily. 

It's also well-priced for the first-time home buyer who is budget-conscious.

For more information about this property or to schedule your private showing, please call or email Leigh Brown directly, we're always glad to help!

 

Getting Back On The Bicycle....

 

This is the longest dry spell I've had since beginning this blog in September of 2006!  I haven't gone anywhere, but good heavens-I need 8 days a week right now.

Team and staff changes have happened...listings have been taken and sold...buyers have searched and purchased...battles over earnest money continue...

And you know, my kids and my husband need a little attention, too.  =)

I'm headed to Orlando next week for the annual CyberStar gathering and also StarPower. I'm excited to reconnect with old friends and meet some of the folks I've only known through the powers of Web 2.0. I'm really excited about meeting up with other agents who have found themselves in a position of growth in this not-so-hot market to get input.

I'm also excited to get recharged and get back to writing on this blog.  Of course, my outside blog is about to go through a change if the idiots at RSS will ever return an email since the drama started.

I've missed hearing from y'all, and i'm back!

 

118 Hillside Avenue SW, Historic Concord NC 28025

If you just can't take one more vinyl village, if you just want charm and natural beauty-but aren't sure that you want to be out in the sticks, this just might be your home.

118 Hillside Avenue SW, Concord NC 28025

This beautiful ranch home for sale in Concord NC just off of the historic district in the downtown Concord Union Street area is a great buy. Fully updated-with two full baths! (you should know that two full baths are rare in most of these older homes!) Laminate floors on most of the main level, the bedrooms have neutral carpet in excellent condition. The kitchen has been updated with new counters, a tile backsplash, updated appliances. The original carport was converted to a sunroom, and makes an excellent home office or playroom. Three spacious bedrooms available. There's also an unfinished basement which is great storage-plus it's been wired for additional office space (or just a cool spot if you have servers that need a cooler temperature environment). The lot is almost a half acre, and features some immense hardwood trees.

Minutes from Interstate 85, CMC-Northeast Medical Center, and Carolina Mall.

$161,900

For more information on this property, or to schedule your private appointment to view, please visit the website or call Leigh Brown direct at 704.979.7034. We're always glad to help whether you're buying, selling or investing in Charlotte NC real estate.

 

The Surveyor's Call That You Don't Expect

I don't know if things are different in other parts of the country, my particular specialty is real estate in and around Charlotte NC. But around here, part of the due diligence on purchasing a home is in obtaining a new survey. We're old school here in North Carolina. Our surveyors operate on the old method of metes and bounds. And you need a new survey to know where your corners lie (you may want a fence at some point, a storage shed, a pool, etc). Also, you need that survey if you want full title insurance coverage against future problems with encroachments and errors and such.

So we get after our buyers to get surveys-please don't regret trying to save $300 if you run into a problem down the road on this, one of your largest financial investments!

Anyhoo. Got a call from one of our most trusted surveyors yesterday. He was out looking at a parcel in an established neighborhood in downtown Concord NC, a lovely community called Beverly Hills that has been there for ages and always does quite well. I'm representing the buyers in this transaction. We have been anxiously awaiting the survey, since the sellers had lived here for over 20 years and they didn't have an old survey for us to consider (we only had the ballpark information available in the Cabarrus County GIS). As the surveyor went back into the wooded back section of the lot (this is a heavily wooded parcel), he came across a surprise-a private enterprise, as it were.

Marijuana, mary jane, ganja, weed. Happily growing in portable containers at the backside of the property. Our surveyor immediately called the local police to let them know about this undocumented business venture. Interestingly enough, the police department had already received a call that there was someone trespassing on this property! Must have been the pot purveyors, worried about the safety of their product. The surveyor wasn't trespassing, he was doing his job, and also doing his civic duty turning in the illegal plants.

Craziness.

Yet one more reason to order a survey...you might discover an alternative income source on the property! (for more information on buying, selling, or investing in Charlotte NC or Concord NC area real estate, email or call Leigh Brown today, I'm always glad to help)

 

421 Dotger Avenue in Elizabeth, Charlotte NC 28204

Gorgeous custom home in the heart of one of Charlotte NC's most desirable communities.  Elizabeth is nestled under the famous oak canopy, beside the main campus of Presbyterian Hospital in downtown CharlotteElizabeth is known for its walkability, the craftsman-style homes of the 20s, 30s, and 40s, and the sheer carhm of the area.

From Elizabeth, you can drive to the best shopping in Charlotte NC in about ten minutes.  Or you can go to work at Bank of America, Wachovia, the Hearst Corporation, or Grant Thornton within ten minutes (and yes, that's door to door!). 

Best of all, this is new construction.  Built on the foundation of a home from 1939, this home features the best of modern construction and living.  From the hardwood floors throughout the home, to the Italian porcelain in the master bath, to the upgraded appliances in the kitchen, to the main level guest suite, to the amenity of each bedroom having private access to a bath...it's here.  And to top it off, there is the elusive two-car garate, with finished space above perfect for an office/playroom/guest suite!

$850,000, 421 Dotger Avenue Charlotte NC

This home is scheduled to be completed inside of 30 days, you will note that the house is in final trim.  Additional photos and the full virtual tour will be posted as the project nears completion.  For additional questions or to schedule your private showing, call Leigh Brown direct at 704.979.7034.  I'm always glad to help with anything regarding buying, selling, or investing in Charlotte NC real estate.