Danielle Edwards

RE/MAX Executive

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How to buy a home in a seller’s market without contingencies.

June 9, 2021 by Danielle Edwards

Charlotte Realtor®

Seller’s Market – how to sell your home when you have no place to go.

How to buy a home in a seller’s market without contingencies.

Who would have thought we would ever be here? Yet! Here we are.

Most all homeowner I speak to want to sell their home, but where do they go? It is worth moving to be in a bidding war and then pay top dollar? There are many variables for every homeowner and the options are overwhelming.

Once you check on the traditional ways to make this happen-

  • Check with your bank for programs
  • Check with your financial advisor for options
  • 401k loan with limited penality
  • Home equity line

If not of those seem appealing then I can now present you with two new options to hit the market.   Welcome the middle man to the Real Estate space, and this is one I don’t mind welcoming.

RIBBON or KNOCK.

They both provide you interesting options worth checking into.  Shall I dive in?

RIBBON

They are the cash buyer to purchase your new home.  You will have to qualify with a pre approval from your trusted lender and verified the home you are buying and selling meets the qualifications of their program.

The fee is 2% fee  and Ribbon will buy your new home cash and if you are able to secure financing on the close date Ribbon will reduce the fee to 1%.

Then you will pay them a prorated upon rent  until your home sells.

This does add additional fees, but for someone who doesn’t want to move twice or make sure they get the house they want, the fees might be worth it.

As a certified Ribbon agent I would first run the home you are purchasing into the system and see if it qualified.  The best part about using Ribbon is that it comes with an appraisal guarantee.  So, if you are buying a home listed at $349,000 and their analyst say they will offer $359,000, it means you don’t have to worry about appraisal… they are cash buyers.

Then when you buy the home from them either at closing, because your home ended up selling in time or later, that will now be a comparable property to help you secure financing with your lender.

 

Let’s talk about KNOCK.

Knock has changed their business model as one that now works side by side with Realtors to help homeowners swap their houses.

Knock offers a unique service to homeowners who are buying their next home. Its Home Swap program allows you to get approved for a mortgage before your old home sells — which most lenders won’t do, due to limits on borrowers’ debt-to-income ratios. Knock can do this because it offers homeowners a backup offer.

Similar to Ribbon they offer you a program to rent the home from them, and if you can’t complete the purchase in 6- month they will buy your old house from you at a pre negotiated amount.

The difference is you have to use KNOCK as your lender. 

What does Knock cost?

For the Home Swap,they charge a 1.25% convenience fee on the purchase of your new home. This is similar to an origination fee, which many lenders charge.

This chart here shows you a side by side comparison.

Knock will also give you an upfront advance of $25,000 to make any home improvements that will be repaid at closing when your home sells.

They are both similar, but different.

Ribbon you can use your preferred lender.

Knock you use their lender but the fees are less.

Both have a rental fee you pay to them on your old home until the closing occurs and you complete the home swap.

 

HOW IS THIS DIFFERENT THAN A BRIDGE LOAN?

With a bridge loan, a customer would still have to qualify for two mortgages at once. Bridge loans also have high interest rates, don’t assist with home repairs, and they don’t provide the certainty that comes with the Home Swap.

With the Home Swap, the equity advance is interest free for six months, clients don’t have to qualify for two mortgages – they’ll only be paying the new mortgage while the equity advance covers the old mortgage, and it covers repairs to the old home so the client can put their home on the market to sell for top dollar!

As a Ribbon and Knock certified agent I can walk you through both of these options if traditional creativity is not in the cards.

 

Check out my Youtube Channel for information on Charlotte real estate and living in Charlotte, NC. 

 

 


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!

 

 

 

 

 

 

 

Filed Under: Charlotte News and Information, Charlotte Real Estate News Tagged With: cash buyer, charlotte real estate, how to buy a home in 2021, how to sell your home when you have to buy, knock, knock agent charlotte, knock Realtor® charlotte, ribbon, ribbon Realtor® charlotte, ribbon remax agent charlotte, sellers market, what is knock, what is ribbon

7 activities to keep kids busy during the pandemic

August 5, 2020 by Danielle Edwards

7 activities to keep kids busy during the pandemic

Energy-busting games and activities for the whole family

Somehow March 2020 seems like 5 years ago and 5 days ago all at the same time. And yet, here we are, approaching mid-August and still keeping the kids safe at home in the midst of this pandemic. Due to our current circumstances, I thought i’d bring back this list of activities to help keep kids busy and at play. Give them a try, and have fun!

  1. Scavenger hunt: For younger kids, keep it simple by hiding the same item (like Easter eggs) around the house and have them search for all the items. For older kids, create a treasure hunt list of 10-20 random items around the house and have them cross off each item from the list. You could hide keys, books, earrings, you name it. This will keep them occupied for at least an hour! Kids with siblings will gain awesome teamwork skills with this activity. Anyone who participates will get to practice problem solving in an analytical way.
  2. Stained glass door mosaic: If you have a storm door anywhere in the house, use blue painter’s tape and create a mosaic pattern. Have your kids use washable paint to fill in the shapes. For full instructions, click to read this mom’s blog post. Arts and crafts at home help develop fine motor skills in younger children, and identify shapes and color. This activity will help encourage kids to create and play in the relaxed environment of their home.
  3. The balloon waddle: Blow up a balloon and have your kid(s) squeeze it between their knees and try to waddle across the room. If the balloon hits the floor, they have to start from the beginning. This is a great opportunity for siblings to engage in some friendly competition. Try to encourage them to encourage each other. Parents, this is a fun one to join in on. You’ll love bonding and laughing with your little ones during this silly game.
  4. Toy car wash: Two birds with one stone! Entertain the kids while you (sneakily) get them to clean their own toys. Fill buckets or a kiddy pool with warm soapy water outside or in the garage, or even in the bathroom. Give the kiddos sponges, dish brushes, and hand towels. They’ll love dunking their toy cars into the soapy water and splashing around.
  5. Tape ball: Painter’s tape will become your best friend during this time. Tape several strands of painter’s tape from one side of an open door frame to another, sticky side facing out. Make sure it’s high enough on the door that it’ll be challenge for your children to reach it, but not too high that they can’t throw something at it. Ball up a few more strands of tape, sticky side out as much as possible, and have them throw the ball up towards the tape web and try to get it to catch! Create fun competitions, such as “first one to get 5 tape balls to stick wins!”
  6. What’s in the box? Find a shoe box with a lid and cut out a hole large enough that your child’s hand can fit through, but small enough that it’s hard to see inside. Put one interesting item at a time into the box and have them reach in and guess what it is. Get extra creative with it by decorating the mystery box with your little ones. Encourage them to ask questions about the items and offer clues if needed. This activity helps children associate information other than just how an item looks.
  7. Lego color hunt: A colorful twist on a classic treasure hunt. Grab 4-6 pieces of construction paper (make sure to pick colors that match various lego pieces.) Then, hide a variety of colored legos around the house and have the kids find the pieces and then place them on their corresponding colored paper. To keep it simple, hide 10 of each color so the kids know when they’ve found them all. Don’t have legos? You can pretty much do this with any toy, as long as you have paper of a matching color. This is great for kids developing the ability to identify color. Once they’ve found all the pieces, encourage them to build something fun with the pieces.

These activities will keep kids busy, entertained and burning some of that energy off. They’re great for days when the weather just doesn’t permit a day of outdoor play. And parents, remember that this time is hard for us all. If handing them an iPad or turning on a movie is about all you can muster up today, just remember: you’re doing great.

__________________________________________

Danielle Edwards

SoldOnDanielle.com

Charlotte Realtor & Mom

Danielle Edwards

Filed Under: Featured Content Tagged With: activities for kids, charlotte real estate, Charlotte realtor, energy-busting activities, games for kids, kids activities, kids games, remax agent, things to do

Just Listed – DILWORTH/SELWYN FARMS CONDO

April 6, 2018 by Danielle Edwards

Just listed! Dilworth/Selwyn Farms Condo for Sale!

Just Listed! Dilworth/Selwyn Farms condo for sale in Charlotte, North Carolina. 2 bedroom, 2.5 bath in one of Charlotte’s most sought-after communities. Contact Danielle Edwards with RE/MAX Executive Realty for all of your Real Estate needs!

2 bedroom condo for sale

 

 

 

 

 

 

3800 Selwyn Farms Lane, Unit 3, Charlotte, NC 28209
Condominium for sale in Hobbs Ridge community

  • MLS# 3376579
  • Price: $279,900
  • Year Built: 1984
  • SqFt: 1362
  • 3800 Selwyn Farms Lane, Unit 3, Charlotte, NC 28209

About the Home:

If you are looking for a 2 bedroom, 2 full attached bath, 1 half bath in the HOTTEST
part of Charlotte, look no further. This Dilworth/Selwyn Farms condo has been fully renovated and is filled with natural light. It even has a beautiful community pool and nearby park. You will enjoy the gas fireplace, quaint enclosed patio and quiet location. HOA dues are $257 a month. HWA Home Warranty Included.

Photo Gallery:

 

Enclosed Back Patio in Dilworth/Selwyn Farms Condo
Enclosed Back Patio
Dining and Kitchen in Dilworth/Selwyn Farms Condo
Dining and Kitchen
Great Room with French Doors in Dilworth/Selwyn Farms Condo
Great room w/ French Doors

Gas Fireplace in Dilworth/Selwyn Farms Condo
Gas Fireplace
Master Bedroom in Dilworth/Selwyn Farms Condo
Master Bedroom
Master Bathroom in Dilworth/Selwyn Farms Condo
Master Bathroom

Virtual tour link

About the Area:

The Sellers of this Dilworth/Selwyn Farms condo love this location and say it’s just a $5 uber ride away from anywhere “cool” you would want to go. 1 mile to the revitalized Park and Woodlawn Shopping center, that’s right.. you could walk or bike there! Minutes to Montford Park, Light Rail, Southend, Dilworth, Southpark and Uptown. The beautiful Dilworth area is an extremely sought-after area for Charlotteans of all ages! Aside from the convenience, you’ll love the beautiful oak tree-lined streets and the overall charm of this lovely neighborhood.

Schools

This Dilworth/Selwyn Farms condo also just happens to be in a school zone that contains some of the best schools in the CMS system:

Sedgefield Elementary
Sedgefield Middle
Myers Park High

LOCATION MAP

 

Contact Danielle Edwards with REMAX Executive Realty for all of your Real Estate needs!

Listing agent Danielle Edwards

704-604-2999

drivendanielle@gmail.com

www.soldondanielle.com

Filed Under: Charlotte Real Estate News, Uncategorized Tagged With: 2 bedroom home for sale, Charlotte, Charlotte home for sale, charlotte real estate, Condo, condominium, Dilworth, Dilworth home for sale, for sale charlotte, for sale Dilworth, for sale Sedgefield, moving to charlotte, Sedgefield, Sedgefield home for sale

Danielle Edwards receives Charlotte’s 5 Star Professional Award

September 7, 2016 by Danielle Edwards

Danielle Edwards with RE/MAX Executive receives Charlotte 5 Star Professional Award

Danielle Edwards is 5 Star Real Estate Professional Award Recipient

Screen Shot 2016-09-07 at 12.59.30 PMSeptember 6, 2016— Danielle Edwards of RE/MAX Executive is a recipient of the 2016 Five Star Real Estate Agent Award. Less than 7 percent of Real Estate professionals receive this award and the recipients are selected based on ratings of recent homebuyers’ overall satisfaction of service derived from client evaluations.

Candidates of the Five Star Real Estate Agent award must also meet 5 criteria: Receive a qualifying client satisfaction rating, satisfy the applicable state licensing requirements, active employment as a qualified professional for over 3 years, favorable regulatory and complaint history review, and satisfied minimum client volume or production.

Fore more information on the Five Star Professional methodology, visit www.fivestarprofessional.com

 


RE/MAX Executive Realtor Danielle Edwards

Realtor NC/SC

 

Information given by Realtor Danielle Edwards

704-604-2999

www.soldondanielle.com

email: drivendanielle@gmail.com

Follow me on Facebook.com/soldondanielle

 

 

CONTACT DANIELLE EDWARDS

Anyone can tell you what your home is worth. Contact me and I’ll show you how to make it worth MORE. As a RE/MAX Executive Realtor here in Charlotte NC, I use our global and local database to get your home SOLD. You need to know how to make your home worth more!

 

Filed Under: Charlotte News and Information Tagged With: 5 star professional, ballantyne real estate agent, ballantyne realtor, Charlotte, charlotte real estate, charlotte real estate agent, Charlotte Real Estate Agents, Charlotte realtor, Charlotte Realtors, Charlotte's best, Charlotte's best Real Estate Agents, Charlotte's best Realtors, Five Star Professional, matthews realtor, remax, remax executive, remax executives, Southpark Real Estate Agent, southpark realtor

Cost-Effective Curb Appeal Projects

April 19, 2016 by Danielle Edwards

Cost-effective curb appeal projects for your home

Cost-effective curb appeal projects that won’t break the bank

April, 2016– Danielle Edwards is a Charlotte, NC Realtor with RE/MAX Executive, the number one RE/MAX in the Carolinas.

Fix up the exterior of your newly purchased home without emptying your wallet, or get your home in shape to sell without having to hire anyone to do the work for you. Sometimes all it takes is cleaning things up a bit, adding a few accents, or hiding unsightly items in your front yard. Below are some DIY ideas on how to make the most out of your home with just a few cost-effective curb appeal projects.

1. Update your garage door

Even if the exterior of your home is well-maintained or new, a dirty or drab garage door could take away from your home’s curb appeal. This cost-effective curb appeal project will help you transform your home, just by adding some paint or a few pieces of hardware.

  • Option One: Add some gel stain to make your garage door look like it’s made out of beautiful wood. You can even re-stain your front door to match. Learn how here.Cost-effective curb appeal projects

 

 

 

 

 

 

 

  • Option Two: Add brackets to your garage door to add some character. This can be done for as little as $10! Click here for a tutorial.
    IMG_0209

 

 

 

 

 

 

 

 

2. Dress up your foundation

If the foundation of your home is less-than-appealing, it’s an easy fix! Simply add some stone to the foundation to add some curb appeal, plant some shrubs, or add stucco. All 3 can be done for a low price. You can find more foundation-improvement ideas for added curb appeal here.

Foundation5

 

 

 

 

 

 

Reface-Foundation-300x224

 

 

 

 

 

 

3. Update your mailbox

Your mailbox is the first thing people see from the road. Ditch the tiny black mailbox on a stick and add some stone and elegant numbers to the front instead. This can be accomplished in about a day, and is less expensive than buying a brand new mailbox! To add some extra pizzazz, plant some flowers at the base.

7.-Give-your-mail-box-a-makeover-17-Impressive-Curb-Appeal-Ideas-cheap-and-easy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4. Hide eye sores like trashcans, hoses, and hardware.

When you look at homes in magazines or on Pinterest, chances are the photos don’t include the every day items that most homeowners need. Make your home look catalogue-worthy by hiding these items and adding some curb appeal! Here are some ideas to get your started:

17.-Keep-those-trash-cans-hidden-17-Impressive-Curb-Appeal-Ideas-cheap-and-easy

15.-Keep-your-hose-hidden-in-a-hose-pot-17-Impressive-Curb-Appeal-Ideas-cheap-and-easy

 

 

 

 

 

 

 

 

 

 

 

53f53363d07ea9d87376ef584cf330cb

 

 

 

 

 

 

5. Add or update molding on your front door

Your front door ties together the aesthetic for your entire home, it’s important to make sure that it contributes to the curb appeal for your home. You can add some cost-effective curb appeal just by either adding some molding around your front door, or by updating the existing molding. For DIY instructions, click here.

editedentry5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

You don’t have to demolish, build, or spend thousands of dollars to improve the exterior of your home. By spending time working on these cost-effective curb appeal projects, you will achieve a picture perfect home with your own personal touch! Remember, you can always maintain a clean look by maintaining the lawn and trimming back shrubbery, pressure washing the driveway and walkways, and cleaning out your gutters regularly.

Not sure where to start? Contact Danielle Edwards and she will guide you with a target list to get your home ready to sell.

Contact Realtor Danielle Edwards for all of your Real Estate needs in Charlotte, NC region.

RE/MAX Executive Realtor Danielle Edwards

Realtor NC/SC

 

704-604-2999

www.soldondanielle.com

email: drivendanielle@gmail.com

Follow me on Facebook/soldondanielle

 

 

CONTACT DANIELLE EDWARDS

Anyone can tell you what your home is worth. Contact me and I’ll show you how to make it worth MORE. As a RE/MAX Executive Realtor here in Charlotte NC, I use our global and local database to get your home SOLD. You need to know how to make your home worth more!

Filed Under: Charlotte News and Information Tagged With: 3 bedroom, 4 bedroom, Ballantyne, ballantyne agent, Ballantyne buyers agent, Ballantyne Commute, ballantyne homes, ballantyne real estate agent, ballantyne realtor, ballantyne sellers agent, buyers agent, Buyers agent Ballantyne, buyers agent charlotte, Buyers agent Remax, carmel crescent, Charlotte, charlotte agent, charlotte homes, charlotte real estate, charlotte real estate agent, Charlotte realtor, charlotte remax, Charlotte Remax Agent, Charlotte Suburbs, curb appeal, curb appeal DIY, curb appeal projects, custom home, danielle edwards, DIY, DIY projects, for sale charlotte, homeowner, how to sell my home, listing agent charlotte, luxury realtor, Matthews, million dollar homes charlotte, real estate, Real Estate Agent, realtor, realtor charlotte, realtor Cornelius, relocation, remax agent charlotte, Remax buyers agent, remax charlotte, remax executive, remax realtor, Remax sellers agent, renovate, renovations, sellers agent, Sellers agent Ballantyne, sellers agent charlotte, Sellers agent Remax, single family, south park, southpark realtor, suburbs, weekend DIY projects, weekend home make over

Charlotte Real Estate Listings SEARCH

August 6, 2015 by Danielle Edwards

Charlotte Real Estate Listings SEARCH

What is the difference between using a Realtor, or searching for a home on your own?  When you search for Charlotte Real Estate Listings you might be wasting time and effort on the wrong sites.

Sites like Zillow.com, Homes.com, Trulia.com etc. are created from syndication process.   They get their information from a 3rd party which sometimes lags 3-7 days!

Inaccurate listing information on Zillow.com, Homes.com, Trulia.com happens ALL THE TIME.
As an ACCREDITED BUYERS AGENT, my buyers often times find homes on these sites. Once I look up the homes
on the MLS (MULTIPLE LISTING SERVICE) I find that they are already UNDER CONTRACT or CLOSED.
This leads to frustration on both sides. If you are a buyer looking to relocate to Charlotte, NC or live in Charlotte and wanting to BUY a home your best bet is to consult with a Realtor.
Your Charlotte Realtor should set you up on a MLS gateway or portal website complimentary. This MLS site
will send you listings in real time JUST LIKE THE REALTORS RECEIVE THEM!

 

PROPERTY PORTAL MYTH

CHARLOTTE REAL ESTATE LISTINGS WHAT BUYERS SHOULD KNOW ABOUT PROPERTY PORTALS.

To make sure you are receiving FACTUAL LISTING contact DANIELLE EDWARDS with REMAX EXECUTIVE.

Danielle Edwards

REMAX EXECUTIVE

www.soldondanielle.com

Email: danielleedwards@remax.net

contact: 704-604-2999

RE/MAX Executive Realtor Danielle Edwards

Filed Under: Charlotte News and Information, Featured, Uncategorized Tagged With: best find listings, Charlotte, charlotte real estate, Charlotte realtor, danielle edwards, homes for sale, homes.com, listings charlotte, moving, realtor, remax executive, search charlotte, truila, zillow

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Contact

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

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