Danielle Edwards

RE/MAX Executive

Danielle Edwards with RE/MAX Executive

Property Tax Reevaluation – Mecklenburg County, Charlotte-NC 2023

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Mecklenburg County Tax Reassessment, Charlotte- NC

PROPERTY TAX – Mecklenburg County Homeowners Hit PLAY before you PAY!!

Whatever we purchase, either online or offline; whether it’s tangible or not, let’s admit it there’s always a value added tax on it. Sometimes we might not notice but we ALWAYS PAY TAXES. And today we’re not only talking about Taxes, we’re discussing a reassessment year that happens every 4-8 years.

NOTE:  They will send you the new value in the mail, but then they “normally” adjust the tax rate for the value in June.  In past years, everyone panics, and then the county sets the new tax rate and that % is applied to your value.

For a much brief and short discussion, watch my video:

Property Tax is  a real estate ad-valorem tax, which can be considered a regressive tax, commonly calculated by a local government. It is based on the value of the property which can be real estate or – in many jurisdictions – also tangible personal property. Under the North Carolina Law it requires at least (8) eight years to conduct a property reassessment to determine it’s market value. On the other hand, Mecklenburg County has advanced their cycle to conduct the procedure every four (4) years.

Here are three (3) different criteria to consider:

  •  THE CHARACTERISTICS MATCH THEIR FILE

– For example: you permanently added a screen porch and spent about $30,000 – 80,000 on it. You’ll be receiving a notification from Mecklenburg County informing you that there will be an assessor visiting you.

Every detail, changes, upgrades will be assessed by them.

  • COMPARABLE SALES

– are comparable properties in a specific area that you’re looking to buy or sell in. They are used to determine the home value by comparing it to similar properties sold in the same neighborhood.  You will contact your local trusted real estate agent and they should be able to assist you. If you don’t have one, then hopefully you will think to contact me as your local Charlotte real estate agent!

  • ANY KNOWN IMPROVEMENTS

– Any improvement or changes you put to the house that can be taxed on.

For instance, you noticed that there might be some errors on the declared tax, there are also options for you to do.

  • Reach out to them and do an informal review
  • Formal review , go in front of them to argue your case

Visit the Mecklenburg County website for more information on this link:

 

Contact Danielle Edwards for information on Charlotte, NC, real estate.

Danielle Edwards

Charlotte Realtor®

Danielle Edwards
South Charlotte Real Estate
Realtor, REMAX EXECUTIVE
Hefferon | Edwards Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

Questions to Ask Real Estate Agent - Charlotte, NC

 

 

 

 

 

 

 

 

 

 

 

Useful Links

Check out my FIVE STAR REVIEWS here!

 

 

Costs to Remember when Buying a Home

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Learn About Home Buying Costs

When buying a home, there are many costs that go beyond the down payment and mortgage.

Homebuyers should factor in several additional expenses such as closing costs, appraisal fees, transfer tax, homeowner’s insurance fees and more. What’s more, these costs differ by state.

 

Closing Costs:

Closing costs typically include lawyer fees, title search fees and other administrative expenses associated with the completion of a sale agreement. Depending on where you live, closing costs could range from 2-5% of the purchase price of the home.

 

Appraisal Fees:

Appraisal fees generally depend on the size and complexity of the property being appraised but can range from $200-$1000 or more in some cases.

 

Transfer Taxes:

Transfer taxes are state or local fees that are paid on the sale of a house. The amount of transfer tax can range from 0-2% of the purchase price, depending on where you live.

 

Homeowner’s Insurance Fees:

Homeowners insurance is an annual fee that pays for repairs and damages to the home. Generally, this type of insurance costs between 0.2-1% of the purchase price annually.

 

Inspection Fees:

Home inspections typically cost around $500-$1000 but can vary widely depending on factors such as the size of the house and any special features it may have.

 

Closing Costs:

Closing costs can include fees for attorney’s services, title insurance, loan origination fees and other charges associated with obtaining a mortgage. Depending on your location, closing costs generally range from 2-6% of the purchase price.

 

Utility Bills:

Utility bills cover water, electricity, gas and other features such as trash pickup. These bills can range from a few hundred dollars to thousands of dollars per month, depending on your location, the size of your home and how energy efficient it is.

 

Maintenance & Repairs:

Home maintenance and repairs may cost anywhere between 2-4% of the purchase price annually. This includes costs for basic maintenance like mowing the lawn, as well as larger projects such as replacing a roof or an HVAC system.

 

Property Taxes:

Property taxes are paid annually and are calculated based on the assessed value of your home. The amount can range from 0.5-2% of your purchase price each year.

 

Insurance:

Homeowners insurance is typically required by the lender and can range from 0.2-1% of the purchase price each year. The cost may depend on your location, the size of your home and other factors.

 

HOA Fees:

If you are buying a condo or a home in a planned development, you may have to pay homeowner association (HOA) fees which cover shared amenities such as pools, common areas and parking lots. The cost of these fees can vary greatly depending on the type of property and the amenities offered.  Some communities will have capital contribution fees also, you see this more in the master plan communities.

 

Contact Danielle Edwards for information on Charlotte, NC, real estate. 

Danielle won Charlotte’s Best Female Realtor of 2022 by Elevate Magazine

Danielle Edwards

Charlotte Realtor® Danielle Edwards has been helping clients with their real estate needs since 2006.
2023 is the year of the Professional Realtor and getting back to a more normal real estate market.
Danielle Edwards
Charlotte Real Estate
Realtor, REMAX EXECUTIVE
Hefferon | Edwards Team

704-761-7484
Licensed In: NC
License #: 249833
Contact Me

Questions to Ask Real Estate Agent - Charlotte, NC

 

 

 

 

 

 

 

 

 

 

 

Useful Links

Check out my FIVE STAR REVIEWS here!

 

Recession, Real Estate, and the good news..

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Recession, Real Estate, and the good news..

By Charlotte Realtor Danielle Edwards

Hopefully, you learned something!  Call me and let’s talk about real estate, interest rates, the recession and WHAT IS IMPORTANT TO YOU!

704-761-7484

Charlotte New Homes- Mattamy – Sonata at Mint Hill

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Charlotte New Home

built by Mattamy Homes – Sonata at Mint Hill

Presented by New Home Construction Buyers agent

Danielle Edwards, REMAX EXECUTIVE

New Home Construction Buyers agent

Looking for a one-level living, new construction, or 55+ community? You have come to the right spot!!

They have several floor plans to choose from!!

 

CLICK HERE FOR MORE INFORMATION ON CHARLOTTE LISTINGS

 

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

Danielle Edwards Favorite MUST have Charlotte Real Estate Links

Buyer real estate software for market  updates

Best real estate software for your homes value

Search Charlotte Properties with Danielle

Check out my FIVE STAR REVIEWS here!

 

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

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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

 

Buying a home Charlotte | Love or Lust?

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Buying a home Charlotte | Love or Lust?

How to know if the prospective home is the right match for you

Danielle Edwards, Charlotte Realtor, featured in RE/MAX article

 

Buying a home Charlotte

A Charlotte RE/MAX agent offers helpful advice to keep buyers on track during the homebuying process.

Ever fallen in love with a house way over budget? Or had a crush on a house that’s too far from work?

Eager to get into a new home, buyers can often find themselves fantasizing over a property with bells and whistles that make it enticing, even though it’s not a great match. Add in low inventory, and buyers can be frantic to lock down any house. This can be especially relevant for first-time homebuyers who come into the process excited with high expectations. According to the National Association of REALTORS®, first-time buyers made up 34% of all homebuyers in the U.S. in 2021.

With more than 16 years of experience in Charlotte real estate, Danielle Edwards, an agent and team leader with RE/MAX Executive in Charlotte, North Carolina, shares how buyers will know they’ve found the right home for them (aka, the one) when they are buying a home Charlotte.

It meets your essential criteria- Buying a home Charlotte

Which features are must-haves, and which would simply be an added bonus? Before starting the homebuying process, make a comprehensive list of wants versus needs. Sticking to this list while browsing for homes can help eliminate properties that drive the lust factor but don’t actually suit the needs of you and your family.

Edwards tells her clients to consider their lifestyle when making this list.

“A buyer may say they want a large flat yard or a spacious yard for entertaining. I will say to them, ‘Think about how you actually live,’” says Edwards, a RE/MAX Platinum Club member. “I try to get buyers to really think about where they spend their time when they’re at home because being realistic can help them cross out some properties. It doesn’t make sense to get in a bidding war over something that you’re not going to use.”

She reflects, “In my own experience, in my previous house, we never went into our yard. We thought it would get so much use, but in reality, we were so busy on weekends it never got used as we had intended.”

When determining essential criteria in a prospective home, it’s important to also consider which elements you’d like to be move-in ready and what you’d be willing to renovate down the road.

“I find that some buyers get caught in this rabbit hole of the ‘perfect house.’ In reality, there is no perfect house. Every house has its quirks, so you have to figure out what is right for you,” Edwards says.

“There will always be something to do to it to make it more personal, whether you need to add a wall to make a home office, paint the exterior or remodel the kitchen. No matter what house you buy, you’re likely going to be spending money to make it your own. For some buyers that’s immediate and for some buyers that will happen over time.”

You can afford it- Buying a home Charlotte

Getting pre-approved for a mortgage – a process where a lender evaluates and confirms your borrowing potential – can help determine how much money you can actually spend on a house. But remember: the price of a home is more than just the down payment and monthly mortgage payments.

Account for the essential homebuying fees for services like inspection, closing, and working with a professional agent, and budget for unexpected home maintenance costs and regular repairs as well. In addition to furnishing a home, be prepared to deal with inevitable repairs to the roof, HVAC system, plumbing and more.

Seasonal maintenance costs may vary depending on the local. For example, harsh frosts can take a toll on driveway pavement and snow can present different risks to roofs in colder climates, and yard maintenance – like watering the lawn – can cost significantly more in warmer or drier climates. Depending on the weather, be prepared to purchase a snowblower or even xeriscape a yard.

 

It’s near important points of interest (POIs)- Buying a home Charlotte

When shopping for a house, it’s important to consider its proximity to places you frequent, like work, school, family members or a favorite park to walk the dog.

Location is personal. Some buyers are willing to expand the boundaries of their home search in order to find a fully renovated home, whereas others will take on a fixer-upper to be in their optimal location.

“Some people are focused on school districts or they’re focused on a certain neighborhood and that makes it easier to narrow down their search,” Edwards says. “If you convince yourself to move to an inconvenient location because you found a house you like, you could end up wanting to move out shortly after moving in.”

You feel at home in the community- Buying a home Charlotte

If buying locally, and not sight-unseen, try to spend time within the desired neighborhood before purchasing a home there.

“I always tell people to drive around the streets, go to the local park and talk to people who live in the neighborhood,” Edwards advises. “That’s something potential buyers can do even if you’re two to three years out from buying. That way, when you’re ready to buy, you have it narrowed down to where you want to be – and this is especially helpful when you have to act fast in a hot market.”

Ultimately, a qualified real estate professional is going to be your best source of information to discuss potential properties with and help narrow down which one is a perfect match.

“Whether it requires touring just one home that resonates or 50, a real estate agent is going to make sure they help you find the right one for you,” Edwards says.

Written by Leah Curtis

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For more information on buying a Charlotte home check out my playlist chock full of free advice on buying your first home.  If you would like to set up a home buying consultation to discuss your game plan, just reach out!

 

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

2021 Real Estate Market Review

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2021 Real Estate Market Review – Charlotte, NC

By Charlotte Realtor, Danielle Edwards

RE/MAX EXECUTIVE

What a CRAZY year this has been!  Let’s recap the year with some quick points to keep you current and up to date at your next gathering!

CHARLOTTE QUICK HOME STATS

  • Single Family rent prices are up 10.9%
  • The average Charlotte Home sale price is $406,915 which is up 16.7% over last year
  • Charlotte homes on average received 100.2% of the List price, which is up 1.3% over last year
  • The average days on market is 19
  • Of the 12,948 homes sold last year, 3,615 of them were CASH buyers!

The average homeowner gained around $56,000 in equity in 2021.

What do you do with all that money?

Save it
Improve your home
Buy investment property

TOP 10 Home Improvements for 2021

Listed in order with the percentage of cost recouped, average project cost, and resale value.

Attic insulation                  107.7%                    $1,343 cost                   $1,446 resale
Avg. Entry door replace    90.7%                     $1,413 cost                    $1,282 resale
Stone veneer                       89.4%                      $7,851 cost                    $7,019 resale
Upscale garage replace     85%                         $3,304 cost                   $2,810 resale
Minor kitchen remodel    80.2%                      $20,830 cost                 $16,699 resale (better offers)
Entry door fiberglass        77.8%                       $3,276 cost                    $2,2500 resale
Midrange garage door      76.9%                        $1,749 cost                    $1,345 resale (curb appeal)
Siding replacement           76.4%                       $15, 282 cost                 $11,286 resale(better offers/energy)
Window replace/vinyl      73.9%                       $15.282 cost                   $11,286 resale(better offers/energy)
Deck addition                    71.5%                         $10,707 cost                   $7,652

Charlotte homes with updated curb appeal sell faster and receive stronger offers.  I have seen this hands down over and over this year.

CHARLOTTE Realtor®

As your trusted Charlotte Realtor, I am here to advise on what improvements are most beneficial for your Charlotte home.  Plus, with my trusted network of professionals, I can recommend vendors to do the job!

How are you keeping up with your home value?

This year I invested in the lasted in real estate software for my clients and you!  It is called HOMEBOT.  It works like other algorithms, but the difference is that it connects to your personal equity/payoff and advises you on everything from refinancing to investing.  My data-loving clients are LOVING THIS!  The best part is you can add all your properties into one portal and receive a monthly update on your home.

Granted, this is software and not an exact science.  But, it is a wonderful tool and will get you off those third-party sites that are not as accurate.  You can also click ONE button to request a ‘real value’ report to be done where we can update that value so moving forward it is more accurate.

Click here to access

IN BIG NEWS!!!

Do you watch those real estate tv shows?

I was featured on “First-time Homebuyer” sponsored by the National Association of Realtors. It was surreal to be able to share one of my greatest victories of 2021 with the TV world.  My buyer Danaya and I worked nonstop to find her first home in Charlotte, NC.

The show airs on HULU or YOUTUBE TV.

Season Two / Episode 2
Or you can just watch it here

 

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

Danielle Edwards

704-604-2999

drivendanielle@gmail.com

Soldondanielle.com

Instagram- @danielle_your_Realtor

 

 

 

Wire fraud in real estate

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Wire Fraud in Real Estate

What to know when buying a home

Imagine spending months trying to buy a home, and finally purchasing the perfect one only to find out at the closing table your funds never made it, they are gone– that they vanished due to wire fraud. Imagine selling your home only to find out a wire fraud hacker created a fictitious email and contacted the attorney to redirect your proceeds to their account instead of yours?  It happens, a lot.

Wire Fraud: What is it?

Wire fraud is when someone obtains money based on false representation or promises. As con-artists become more sophisticated and tech-savvy, parties involved in real estate closings are regularly being targeted with wire fraud scams. These parties include buyers, sellers, realtors, and closing attorneys.

How is it done?

Most recently, the scams have focused on hacking into e-mail accounts of the parties involved in the transaction. Con-artists can gain unauthorized access to third-party e-mail accounts when just one party involved in the transaction fails to utilize e-mail encryption software. The frauds break into either the Realtor’s or the client’s email and secretly follow what is going on.

Assume that the buyer, buyer’s Realtor, seller’s Realtor, buyer’s attorney, and the seller’s attorney are all involved in an e-mail chain concerning the particulars of the closing. These emails would likely include sensitive information, such as wiring information, closing figures depicted on the settlement statement, and names/contact information. Now assume that just one of the parties involved in this e-mail chain failed to use encryption software. With the assistance of readily available computer software, a con-artist can easily intercept the entire chain of emails from any individual who replies to or forwards an email without using encryption software. Now, the criminals have everything they need to engage in wire fraud.

How do I avoid it?

Criminals are posing as attorneys with a similar email address to send fake wire instructions to clients. Therefore, the safest practice is to go to the closing attorney’s office in person and pick up your wire instructions. Sometimes, the fraud will pose as the attorney and contact the sellers to ask where they’d like their proceeds sent, and intercept them.  In both cases, the money is wired to a bank account that belongs to the fraud. At this point, the funds are usually beyond reach of the correct banks or the FBI, well before the scam is even discovered.

Sellers should always bring a voided check to closing.  Sellers should also verify when the wire is being sent and if it was received.

If you are involved in a real estate purchase, you should take steps to ensure that you don’t become a victim of wire fraud by verifying that you and the professionals representing you are using encrypted email software.  If you receive anything fishy or out of sorts do not email back.  Call the correct number your Realtor should have, or that is on letterhead to verify.

What if it happens to me?

Many individuals and law firms have fallen victim to these scams, which have resulted in the victims going bankrupt and law firms and real estate companies going out of business. If you are an attorney, Realtor or other professional involved in the real estate closing, and one of these scams succeeds due to your failure to utilize encrypted email, you can expect for the victim to look to you for reimbursement.

What does wire fraud look like?

These scammers are getting very good at scamming to gather your information with texts, phone calls and emails.  Remember, rarely will a company call and ask for your social or credit card over the phone.  You are better off hanging up and calling back the main number that is correct. Be wary of Google.  They might take a phone number for GODADDY and change one digit in their phone number.  So, the person who quickly glances to ensure it is correct will be mistaken.

What does fraud look  like?  It comes in many different forms. Have you received one of these texts or emails?

Stay safe out there! If you ever have any questions or concerns involving the real estate process, contact me! I am always here to help.

Danielle Edwards

REMAX EXECUTIVE
Charlotte, NC
Realtor NC/SC
www.soldondanielle.com
704-604-2999
drivendanielle@gmail.com

Danielle Edwards

Olde Providence

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South Charlotte home for sale!

Listed by Charlotte Realtor Danielle Edwards

7328 Summerlin Place

Charlotte, NC 28226

CUSTOM HOME CHARLOTTE – NC


View Virtual Tour at www.7328summerlinpl.com

Welcome to 7328 SUMMERLIN PLACE, Charlotte, NC 28226

This full brick custom home is truly special.

Imagine coming home and turning into your secluded private driveway, hidden amongst trees, and only minutes from Southpark and top schools.

This home was custom built by well-known luxury builder Persis-Nova. Their attention to detail is evident everywhere you look; from the cherry inlays in the flooring, to the wrought iron rails and arched entries.

Natural light flows into rooms through the tall windows. The dining room is truly remarkable with triple crown molding and decadent chair rail.

The great room continues the formal feel; with coffered ceilings, a gas fireplace and an open plan leading into the kitchen.

One of the top WANTS on any buyer’s list is a guest room or in-law suite downstairs. This home has a perfect sized bedroom downstairs that over looks the garden. It also has a full bath and walk-in closet.

Everyone knows that people love to congregate in the kitchen. This kitchen will blow them away! This ‘made for a chef’ kitchen features a double oven, gas stove, impressive cabinetry work and a grand island in the middle. This kitchen also has a perfect breakfast nook with a bay window overlooking the backyard.

In Charlotte, your outdoor space is vital. This home has a partially-covered patio that is great, no matter what the weather. Brick pavers lead you into an outdoor fireplace that can be enjoyed year-round. The backyard is quaint, private and low maintenance.

Another great feature is the second family room/media room! If you don’t want to be downstairs, the upstairs media room is great for less formal gathering. The French doors and gas fireplace add a nice touch.

Most buyers are looking for home office space. This home comes with a stunning bookcase lined office with woodwork and detail that is not something you see in most homes.

The master bedroom continues the custom theme and feel of this home.   It has beautiful vaulted trey ceilings, a sitting area overlooking the backyard and a master bath that you will never want to leave!

The bonus room is literally is a BONUS ROOM! It can be a used as a bedroom, since there is a closet and full bath. You also have ease of access to storage in this room with the walk-in attic.

No Hoa Dues!

Enjoy the virtual tour and video. For more information contact Danielle Edwards with Remax Executive.

RE/MAX Executive Realtor Danielle Edwards

Danielle Edwards

Remax Executive

704-604-2999

www.soldondanielle.com

remax_collection

Contact

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

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RE/MAX Executive