Danielle Edwards

RE/MAX Executive

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FIRST-TIME HOME BUYER – Charlotte real estate agent – TV SHOW

March 14, 2022 by Danielle Edwards

FIRST-TIME HOME BUYER –

Charlotte real estate agent – TV SHOW

Sponsored by National Association of Realtors

First time buyer TV show with REMAX agent Danielle Edwards and her buyer Danaya!

Looking to up your game when it comes to getting into the Charlotte housing market? This real estate “reality” TV show is a must-see and you can watch the series on HULU or YOUTUBE.TV.

The TV SHOW is called – FIRST TIME HOME BUYER produced by the National Association of Realtors.

Featuring Your Charlotte NC Realtor- Danielle Edwards with RE/MAX EXECUTIVE .

“I was asked if I had a great story to share from a recent first time home buyer in the Charlotte, NC area.  I had the perfect buyer in mind!  After both Danaya and I interviewed we were told we were chosen! I can honestly say this is a true story about her journey to buying a home in Charlotte, NC.”  says Danielle Edwards.

Reality Real Estate TV shows are quite popular.  The National Association of Realtors has its own show with actually REALtors and storylines that have been vetted.   The NAR picks hot real estate cities and shows buyers what they can expect on the real estate home search.  Charlotte, NC is one of the fastest growing cities in the United States and quickly making its way to a top 10 place to live, work and play.

No matter what type of market there is a lot to know when it comes to buying or selling a home.  Whether you are a new buyer or seller, or a veteran, having a real estate agent in Charlotte, NC who puts your needs first is crucial.

Buying a home Charlotte

“Just like in all professions not all real estate agents are equal.  I come across Charlotte real estate agents who don’t work weekends(shock), don’t answer their phone, pass you off to an assistant to pretty much do everything.  That is all fine if that is what you want.  But, I am a firm believer that clients are purchasing the MOST IMPORTANT ASSET they will live in they deserve white-glove treatment.”

Realtor Charlotte

TV featuring Danielle, top Charlotte agent.

“Specializing in making your home dreams a reality is what I do.”

Whether it is 50 homes or one home.  I treat all my clients the same.   From first-time buyers to seasoned homeowners I have 16 years of experience to guide you with your home journey.

I have a television background and studied communications at the University of Florida.  If you visit my youtube channel, you will see I use VIDEO frequently to guide my clients through the process.

I was excited when I received a call from a TV producer to be considered for the TV show FIRST-TIME BUYER.  They asked me if I had any great stories about a Charlotte first-time buyer.  They interview my client and me on zoom.  A few short days later– I found out I was chosen.  If you watch this episode you will see Danaya and I become were on a mission.  We faced the complete real estate roller coaster in Charlotte, NC.  From how much to offer in due diligence, appraisal issues, and of course just getting the offer accepted!”

The First -time home buyer series itself if hands down a must-see.  I particularly love Season 2, Episode 2.   It provides a great insight into what working with me will be like as your Charlotte real estate agent– whether you are buying or selling.

Contact me if you are looking for top-notch representation.  My team and I will be there for you.  If you are looking in an area we don’t service I can certainly recommend a Professional real estate agent for you!


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edwards Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

 

Filed Under: Charlotte News and Information Tagged With: 1st time home buyer, appraisal gap, appraisal waiver, ballantyne realtor, best real estate agent, best realtor charlotte, buying a home, Charlotte, charlotte best real estate, Charlotte realtor, Charlotte Remax Agent, choosing a real estate agent, choosing a realtor, due diligence fee, due diligence nc, first time home buyer, first time home buyer charlotte, how much due diligence, real estate agent charlotte, realtor charlotte, realtor near me, realtor tips, remax agent charlotte, remax executive, remax realtor, top charlotte real estate agent, top charlotte realtor

What is DUE DILIGENCE in NORTH CAROLINA?

January 16, 2022 by Danielle Edwards

What is DUE DILIGENCE in NORTH CAROLINA Real Estate?

It is 2022 and the real estate game has changed.  Buying a home in NORTH CAROLINA? You will probably hear the term DUE DILIGENCE several times.  The Due Diligence process has changed over time and can differ from state to state. If you have purchased a home in the past or in another state, keep in mind that this process may be different from what you experienced during your last purchase.

This video was filmed before the current seller’s market we are in today.  Examples used in this video do not

portray how much due diligence fees are today.  When deciding how much due diligence money to put down on your home

you should always consult your Realtor. (hopefully that is me)

DUE DILIGENCE 101 or HOW TO UNDERSTAND DUE DILIGENCE PERIOD – REAL ESTATE IN NORTH CAROLINA.

BY DANIELLE EDWARDS

Check out my new video/blog

How to buy a home in Charlotte NC 2022

Due Diligence FAQ

The DUE DILIGENCE Process was created to benefit the buyer and the seller.

How does The Due Diligence Process help the seller?

Before the seller of a home officially takes it off the market, they will receive a certain amount of money, upfront from the buyer. If the buyer follows through with the home purchase through closing, the seller will then credit the buyer the due diligence money at closing time.

How does The Due Diligence Process help the buyer?

The buyer uses due diligence as a way to show their good faith that they are very serious about purchasing a home from the sellers.  The buyer knows if they back out for ANY REASON before 5 pm at the end of the closing period, they will lose their due diligence fee and money spent on inspections & appraisal.

What is a normal due diligence amount for buying a home in North Carolina?

Great question!! This amount has changed drastically in the past two years.  Given the competitive market in Charlotte and lack of inventory, we are now seeing the due diligence amount being more than the earnest money amount. Simple answer: It could range $250-$10,000 depending on the price of the home.

Here are some recent Due Diligence amounts on homes I have closed in Charlotte, NC:

  • $369,000 home = $1500 due diligence    >>>  2021 real example >>>  $10,000 due diligence
  • $301000 home =  $3000 due diligence >>> 2022 real example >>>> $10,000
  • $505000 home = $2000 due diligence>>>> 2022 real example >>>>$18,000

The amount varies based on many other factors of your offer to purchase a home in North Carolina.

This amount is always negotiated between the buyers, sellers, and corresponding agents.  You might offer $800, and the seller may come back and say $1,500.  When in a multiple offer situation, the  Due Diligence amount is sometimes even more important to the seller than who has made the higher offer!  If it is between you and another buyer, the seller will want to close the deal with the buyer who seems the most serious and the most financially able to purchase their home.

When do you pay the due diligence money to the seller?

Within 5 days of executed contract.  This is normally done within 24 hours, but there is a 5 day period if the buyer’s agent checks the 5-day amount on the offer to purchase contract.

How long is the due diligence period when buying a home in North Carolina?

This is a negotiated period.  The shorter the period, the better the offer to the sellers.

I would say 2.5-4 weeks is typical for a due diligence period in North Carolina, NC.

Your offer might say 4 weeks, the seller may come back and ask for 3 weeks instead.

What is earnest money when buying a home in North Carolina?

Earnest money is typically 1% of the contract price.  Again, negotiated.

The buyer will give their agent an earnest money check once the buyer’s offer is accepted. This is normally made out to REMAX EXECUTIVE(for example).  The check is deposited for escrow at closing.  The buyer’s agent will refund the earnest money within 2-5 business days if the buyer were to back out during the due diligence period for any reason. If for some reason there is a discrepancy with releasing the earnest money, then you will have to go to mediation.  (I have never had that happen).  However,  at 5:01 pm on the date the due diligence period ends that earnest money is no longer refundable.  It will stay in escrow for you and be a credit to you at closing.

Some agents will show a copy of both checks when presenting the offer.  Always make sure your account information is covered.  This shows good faith. About 60% of the time, this is how the process goes.  There are times a buyer will not have checks on them and the checks are presented after their offer is accepted.  It can be a personal check or a certified check.  Certified is typically preferred, but not necessary.

DO YOU HAVE A BUYER’S AGENT?

If you are looking for a buyer’s agent in the Charlotte area I would be honored to work with you.  There are also two other Realtors on my team to help assist you if you are looking in an area that I am not an expert in.  It is very important to choose an agent who works in the trenches in the area you are looking in.  I can also help refer you an agent in North or South Carolina with my network of fantastic agents I have worked with.  I am licensed in NC/SC and cover parts of the Fort Mill/Lake Wylie area.

For more great tips on buying a Charlotte home visit www.SoldOnDanielle.com

Contact me below and let’s talk Charlotte real estate!

Check out my reviews on Google!

 


Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edward Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Filed Under: Charlotte News and Information Tagged With: 28226, 28277, appraisal gap, best Realtor® in charlotte, buyers agent, buying home tips, charlotte nc buyers agent, Charlotte realtor, due diligence, how much due diligence should you put down, how to buy a home in nc, real estate, realtor near me, remax charlotte, what is due diligence in nc, why do I need a buyers agent

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Danielle Edwards
RE/MAX Executive
12104 Copper Way Ste. 100
Charlotte, NC 28277
704-276-6882
info@soldondanielle.com

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