Danielle Edwards

RE/MAX Executive

Danielle Edwards with RE/MAX Executive
  • HOME
  • SEARCH
  • FEATURED LISTINGS
    • For Sale
    • Closed Portfolio
    • MLS FEED
    • VIDEOS
  • COMMUNITY INFO
    • About Charlotte – TOP 10 REASONS TO MOVE TO CHARLOTTE
    • WHERE TO EAT
    • Area Communities
    • OAKBORO NC Real Estate
    • TOUCHSTONE VILLAGE | WILSHIRE Real Estate
    • Local Government
    • Driving Information
    • Emergency Services
    • Pet Information
    • Schools
    • Tax Information
      • Charlotte Taxes
      • Cornelius Taxes
      • Davidson Taxes
      • Huntersville Taxes
      • Matthews Taxes
      • Mecklenburg Taxes
      • Pineville Taxes
    • Transportation
    • Trash and Recycling
    • Utilities
    • Voter Registration
  • BUYERS
    • How to buy a home in North Carolina – Buyers Agent
    • HOME BUYING PROCESS
    • LEARN THE MARKET
    • MORTGAGE
    • FIRST TIME HOME BUYER GLOSSARY
    • Neighborhood Analyzer
  • SELLERS
    • SELLER HOME CHECKLIST
    • Sell Your Home Fast in Charlotte with Danielle Edwards
    • Neighborhood Analyzer
  • BLOG
  • YOU TUBE
  • ABOUT DANIELLE
    • BIO / AWARDS
    • My Testimonials
    • Leave a Review for Danielle Edwards | Your Experience Matters
    • FIVE STAR AWARD
    • Contact

Understanding Due Diligence in the Carolinas Home-Buying

August 7, 2024 by Danielle Edwards

When considering due diligence in the Carolinas home buying, it’s essential to understand that it is a mandatory requirement in the contract. Due diligence is a key part of the home-buying process in the Carolinas. It demonstrates to the seller that you are serious about purchasing their home. This step can make a significant difference in securing your dream home in the Carolinas.

What is Due Diligence?

Due diligence in the Carolinas home-buying involves paying a specific amount of money to show your commitment to the purchase. This money, known as the due diligence fee, is paid directly to the seller and is a required part of the contract. It is non-refundable if you decide to withdraw from the deal later. However, it is an essential component of buying a home in the Carolinas. The due diligence period allows you to conduct necessary inspections and appraisals, ensuring everything is in order with the property.

Why Due Diligence is Important

In the Carolinas real estate market, due diligence provides buyers with a competitive edge. It signals to the seller that you are committed to buying their property. This is especially crucial in a competitive market where multiple offers may be present. Due diligence in the Carolinas home buying helps you stand out among other buyers and demonstrates your seriousness.

How to Determine Your Due Diligence Fee

Determining the right due diligence fee is crucial. You need to consider how much you are willing to risk if the deal does not proceed. Consult with your real estate agent about what is typical in the Carolinas. They can offer guidance based on current market conditions and help you make an informed decision. Remember, the due diligence fee is a sign of your commitment, so it should reflect your seriousness about the purchase.

Steps to Protect Your Due Diligence Fee

To protect your due diligence fee, ensure that you complete all necessary inspections during the due diligence period. This includes a home inspection, pest inspection, and any other checks needed. If you discover any issues with the property, you can negotiate repairs or a price reduction with the seller. If you choose to back out of the deal, it is best to do so early in the process to minimize potential losses.

Conclusion

Due diligence in the Carolinas home buying is a mandatory step that shows sellers you are serious and committed. By understanding what it involves and setting the right fee, you can confidently navigate the home-buying process in the Carolinas. Work closely with your real estate agent to ensure you make the best decisions. Remember, due diligence is as important as choosing the right home, so take the time to get it right.

Reach out to us, and we’ll be delighted to assist you. Stay tuned for all updates! Follow us on social media, Facebook, Instagram, and YouTube.

.

.

.

.

Top Charlotte Real Estate Agent As Seen on House Hunters Charlotte guiding her buyer Lyndsay on her relocation.

 

Charlotte Real Estate Agent
Danielle Edwards

Selling Charlotte since 2006

danielleedwards@REMAX.net

704-604-2999

Visit my YouTube Testimonials

Filed Under: Advice, Charlotte News and Information, Relocation Tagged With: Buyer’s Due Diligence, Buying a Home in the Carolinas, Buying with Danielle, Danielle the RE/MAX Agent, Danielle’s Home Buying Tips, due diligence fee, Due Diligence Process, Home Buyer Guidance, Home Buying Checklist, Home Buying Guide, Home buying tips, Home Market in the Carolinas, Home Purchase Tips, Housing Market in the Carolinas, Navigating Home Buying, RE/MAX Home Buying Guide, RE/MAX in the Carolinas, Real Estate Advice, Real Estate in the Carolinas, Real Estate Inspection, Real Estate Investment, Real Estate Negotiation, Real Estate Strategies, real estate transactions, Understanding Due Diligence

Premium 55+ Home at The Courtyards at Wesley Chapel

July 10, 2024 by Danielle Edwards

Premium 55+ Home in Waxhaw, NC – The Courtyards at Wesley Chapel

Discover the luxury of premium living in Wesley Chapel, NC, with this stunning 55-plus home nestled in The Courtyards at Wesley Chapel community.

Details & Features

  • Address: 2345 Wesley Landing Road, Waxhaw, North Carolina 28173
  • 55+ community by Epcon Community
  • Price: $779,000
  • MLS# 4145245
  • 3 Bed, 3 Full Bath
  • Premium Cul De Sac
  • 10ft ceilings on the main level
  • Gourmet kitchen with skylights and GE CAFE appliances
  • Mohawk ReVwood Floors
  • Floor to ceiling Quartzite wall with custom fireplace mantle
  • Zero-Entry Shower
  • Extended patio area and fence
  • Lush Landscaping
  • Babbling Brook Water Feature
  • Cuthbertson School Zone
  • Over $215k in top-notch enhancements
  • Sliding barn doors, shiplap
  • Updated trim package with baseboards, solid core doors & trim
  • Epoxy garage floor
  • Plantation shutters and shades
  • Miles of walking trails
  • Clubhouse with fitness center and multi-purpose room

This premium home, listed under MLS#4145245 and located at 2345 Wesley Landing Road, Waxhaw, is a haven of comfort and luxury. Designed for active adults, The Courtyards at Wesley Chapel community offers an array of amenities, including a clubhouse, outdoor pool, and scenic walking trails, ensuring a fulfilling lifestyle.





Location and Lifestyle

Located in Waxhaw, The Courtyards at Wesley Chapel provide residents with a tranquil suburban environment while being in close proximity to the vibrant city of Charlotte. With a population of 8,763, Wesley Chapel offers a rural feel where most residents own their homes. Residents enjoy easy access to retail, restaurants, and entertainment options, with downtown Charlotte just 25 miles away.

Clubhouse kitchen
Clubhouse feature
Fitness center

Swimming pool
Courtyard
Community entrance

Whether indulging in nearby golf courses or exploring the cultural offerings of Charlotte, residents have ample opportunities for recreation and relaxation. Medical services are provided by Carolinas Health Care System Waxhaw, ensuring convenient access to healthcare facilities.

Experience the pinnacle of premium living in this community. Schedule a tour today and discover your dream home in Wesley Chapel!

Reach out to us, and we’ll be delighted to assist you. Stay tuned for all updates! Follow us on social media, Facebook, Instagram, and YouTube.

.

.

.

.

Top Charlotte Real Estate Agent As Seen on House Hunters Charlotte guiding her buyer Lyndsay on her relocation.

 

Charlotte Real Estate Agent
Danielle Edwards

Selling Charlotte since 2006

danielleedwards@REMAX.net

704-604-2999

Visit my YouTube Testimonials

Filed Under: Blog, For Sale Tagged With: 55+ Community, Active Adult Living, Babbling Brook, Buying a Home in Waxhaw, Charlotte Suburb, Clubhouse Amenities, Cul De Sac Home, Cuthbertson School Zone, Danielle Edwards RE/MAX, Danielle Edwards Real Estate, Danielle Edwards Realtor, Epcon Community, Extended Patio, fitness center, Forest Setting, GE Cafe Kitchen, Gourmet Kitchen, high ceilings, Home Listing, Homes for Sale Waxhaw, Lush Landscaping, Luxury 55+ Homes, Luxury Home Features, MLS# 4145245, Mohawk ReVwood Floors, Outdoor Living Space, Outdoor Pool, Plantation Shutters, Premium Homes Waxhaw, Premium Senior Living, Quartzite Fireplace, RE/MAX EXECUTIVE, RE/MAX Listings, Real Estate Investment, Senior Community Amenities, Top Waxhaw Realtor, Walking Trails, Waxhaw Community, Waxhaw Home Tours., Waxhaw Lifestyle, Waxhaw Living, Waxhaw NC Homes, Waxhaw NC Living, Waxhaw NC Real Estate, Waxhaw Neighborhoods, Waxhaw Property Listings, waxhaw real estate, Waxhaw Suburban Living, Wesley Chapel Homes, Zero-Entry Shower

Foreclosure Numbers Compared to 2008 Crash

June 11, 2024 by Danielle Edwards

Foreclosure Numbers: A Comprehensive Comparison with the 2008 Crash

Examining Foreclosure Trends in 2024 Versus the 2008 Housing Crisis

If you’re concerned about recent reports of rising foreclosure numbers in today’s housing market, it’s crucial to understand the context. Let’s delve into how the current situation, including foreclosure numbers, compares to the 2008 crash.

Why the Headlines Are Misleading

Recent headlines may paint a worrisome picture of increasing foreclosures, but the reality isn’t as dire as it seems. Comparing today’s numbers to historic lows during the 2020-2021 moratorium and forbearance programs can skew the perception. It’s crucial to analyze the data comprehensively.

Putting Numbers into Perspective: A Look at the Graph

When examining foreclosure activity over the years, it’s evident that the situation today is vastly different from the crisis of 2008. The graph below, utilizing research from ATTOM, a property data provider, illustrates a significant decline in foreclosure filings since the housing crash. The contrast between over 1 million filings per year in the past versus approximately 357,000 in 2023 is striking.

Homeowners’ Equity: A Key Factor

Unlike during the aftermath of the 2008 crash, where millions faced foreclosure and housing prices plummeted, today’s homeowners are in a different position. Most homeowners have built up substantial equity in their properties, acting as a buffer against foreclosure. This equity cushion is a vital safeguard for both homeowners and the overall stability of the housing market.

Dispelling Misconceptions

It’s essential to debunk the misconception that rising foreclosure numbers equate to an impending housing market crash. While there may be an expected uptick in foreclosures as various relief programs end, the situation does not mirror the crisis levels of the past. Understanding the current landscape is crucial for informed decision-making and alleviating concerns about the housing market’s stability.

Conclusion: Stability Amidst Change

In conclusion, while foreclosure numbers may be on the rise, it’s crucial to view them within the broader context of historical data. The current situation differs significantly from the 2008 housing crash, primarily due to homeowners’ improved equity positions. By understanding these nuances, we can navigate the housing market with confidence and dispel fears of an impending crisis.

By analyzing foreclosure numbers in comparison to the 2008 crash, it becomes clear that the housing market is stable and resilient. Let’s continue to monitor trends and make informed decisions to ensure the ongoing health of the housing sector.

Reach out to us, and we’ll be delighted to assist you. Stay tuned for all updates! Follow us on social media, Facebook, Instagram, and YouTube.

.

.

.

.

Top Charlotte Real Estate Agent As Seen on House Hunters Charlotte guiding her buyer Lyndsay on her relocation.

 

Charlotte Real Estate Agent
Danielle Edwards

Selling Charlotte since 2006

danielleedwards@REMAX.net

704-604-2999

Visit my YouTube Testimonials

Filed Under: Blog Tagged With: 2008 Housing Crisis, Economic Stability, Financial Crisis Comparison, Foreclosure Filings, Foreclosure Rates, Foreclosure Statistics, Home Equity, Home Price Trends, Homeowner Equity, Homeownership Trends, Housing Market 2024, Housing Market Comparison, Housing Market Crash, Housing Market Forecast, Housing Market Health, Housing Market Insights, Housing Market Recovery, Housing Market Trends, Housing Stability, Market Resilience, Mortgage Forbearance, Mortgage Relief Programs, Property Data, Property Foreclosures, Property Market Trends, Real Estate Economics, Real Estate Investment, Real Estate Market Analysis, Real Estate Statistics, Real Estate Trends

Rare Investment Property Near Uptown Charlotte

May 22, 2024 by Danielle Edwards

Rare Investment Property Near Uptown Charlotte

1104 Cedarwood Lane, Charlotte NC 28212

Are you looking for a rare investment property near Uptown Charlotte? This is your chance to own a piece of prime real estate close to the heart of Charlotte. This property, located on a tree-lined canopy street, sits on a sprawling 1.13-acre lot just outside Uptown. It’s perfect for investors, builders, and contractors looking for a unique project.

Prime Location

This property is situated in a prime location, just minutes from Uptown Charlotte. Despite being so close to the city, the lot backs up to Parkland Reserve, giving you a feeling of being miles away from the hustle and bustle. Therefore, this is a rare opportunity to get this close to Uptown while enjoying privacy and nature.

Features and Potential

This Coventry Woods property showcases:

  • Price: $250,000
  • 3 Bedrooms
  • 2 Bathrooms
  • Original hardwood flooring under the carpet
  • Attached 2-car garage with access via an enclosed sunroom
  • 1.13-acre lot
  • No HOA
  • Close to Uptown
  • Spacious land
  • MLS# 4137251

Under the carpet, there appears to be original hardwood flooring, adding to the potential charm of this home. Additionally, the property includes an attached 2-car garage accessible via an enclosed sunroom. However, it’s important to note that the home needs significant repairs and updates. The seller, an estate, makes no representations about the condition of the property, which includes some galvanized pipes, water and drainage issues, and structural concerns. But for those willing to invest the time and resources, this property holds great potential.

Gallery – Click here to see the full list

yard
wooden deck
garage

living room
kitchen
main bathroom

Important Considerations

The bedroom over the basement was added in the 70s by a previous contractor-owner, but no permits were found for this addition. Moreover, tax records list the home as a 2-bedroom property. Not all rooms have hardwood flooring; the primary bedroom and kitchen do not appear to have it. The basement/crawl space does get water during storms, likely due to grading and gutter issues. A crawl space expert suggested that if initial repairs don’t work, a sump pump might be needed.

As-Is Sale

This property is being sold as-is. The seller will make no repairs and will not delay the sale for repairs. Consequently, this is a great opportunity for those looking to invest in a property with potential, close to Uptown Charlotte. With some love and attention, this home could become a valuable investment or a beautiful place to live.

Click the following links to download the inspection report and floor plan, or if you prefer, please email real.estate.charlotte.101@gmail.com.

Parkland Reserve

The 29+ acres behind the property are owned by the County and designated as Parkland Reserve, reserved for future park uses. Furthermore, this adds to the appeal of the property, providing a natural buffer and a sense of tranquility.

Don’t miss out on this rare investment property near Uptown Charlotte. Act now and transform this hidden gem into something truly special! Reach out to us, and we’ll be delighted to assist you. Stay tuned for all updates! Follow us on social media, Facebook, Instagram, and YouTube. Check out below our video for this property.

.

.

.

Top Charlotte Real Estate Agent As Seen on House Hunters Charlotte guiding her buyer Lyndsay on her relocation.

 

Charlotte Real Estate Agent
Danielle Edwards

Selling Charlotte since 2006

danielleedwards@REMAX.net

704-604-2999

Visit my YouTube Testimonials

Filed Under: Blog, For Sale Tagged With: 1.13-acre Lot, As-Is Sale, Attached 2-Car Garage, Builder Opportunity, Charlotte Lifestyle, Charlotte North Carolina Real Estate, Charlotte Property for Sale, charlotte real estate market, Contractor Opportunity, Coventry Woods, Danielle Edwards REMAX EXECUTIVE, Home Buyers Charlotte, house for sale charlotte, Investment Opportunity, moving to charlotte, No HOA, Original Hardwood Flooring, Parkland Reserve, Prime Location, Privacy and Nature, Property with Potential, Rare Investment Property, real estate agent charlotte, Real Estate Investment, Renovation Project, Uptown Charlotte Real Estate

Featured listings

$478,000
7417 Shadowlake Drive
Shadow Lake - 4BR, 3BA
$417,000
426 Kenwood View
Sagecroft - 4BR, 3.1BA
$528,500
6013 Coaching Inn Court
Bishops Ridge - 3BR, 2.1BA
$299,000
3210 Selwyn Farms Lane Unit 7
Hunters Run - 1BR, 1BA
$1,100,000
1233 Weymouth Lane
Bellemeade - 4BR, 3.1BA
Google Reviews
25 Home Preservation Tips by Danielle Edwards
Subscribe to my YouTube Channel

Contact

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

Get Social

LinkedIn  Facebook  Instagram

RE/MAX Executive

© Copyright 2014 Charlotte Real Estate · All Rights Reserved · Powered by Charlotte Real Estate Website Services.


Log-In