Charlotte Homes for Sale
Nina Hollander
(704)779-0813

If your NC home is for sale – whether in Charlotte, Waxhaw , Fort Mill or surrounding areas – there’s a good chance your real estate agent will discuss the benefits of an open house with you. Open houses have long been a part of the home sale experience, since it allows prospective buyers to take a “low-key” approach while they browse the merchandise. It also gives your real estate agent the chance to network with a large number of potential buyers all at one time. In some cases, it also means you’ll finally sell that home!

However, an open house can be an unnerving event; after all, you’re opening your home up to complete strangers, and in most cases, you won’t be there to witness the event. By knowing what to expect, you have a better chance of selling your NC home – all while keeping a handle on your peace of mind.

• Remember that an open house is just one part of a larger marketing process. No one wants to sell your home more than your Charlotte real estate agent, and the best approach in any sales climate is to reach as many potential homebuyers as possible. That means diversifying the way you market to include those who prefer the low-key atmosphere of an open house.

• Don’t expect immediate results. Few people enter an open house and make a purchase right then and there. The real outcome is most likely going to be a few appointments for a private viewing or future appointment.

• Remove your valuables, money, keys, pets, medications, and any paperwork that has personal information on it (such as bills). Although a good real estate agent will keep an eye on your property to avoid damages, anything that is of value (for either monetary or personal reasons) should be safely tucked away. This can actually help sell the house in the long run, since personal effects tend to turn buyers off.

• Do a walk-through with your real estate agent immediately before and after the open house. This will allow you both to determine damages or thefts with an objective eye.

• Remember that an open house can tell you a lot about your property. Your real estate agent will be able to draw conclusions based on the turnout and the overheard comments. If few people show up, it could indicate that your asking price is too high, or that your curb appeal simply isn’t up to snuff. A large turnout with few leads could mean that the problem lies with the layout or “dressing” of your home.

Selling a home in NC can be difficult in today’s market – but it isn’t impossible. By approaching your marketing strategies with an open mind – and an open house – you can get your home effectively promoted throughout the Charlotte, Waxhaw and Fort Mill housing market with better results than ever before.

Forbes has named Charlotte, North Carolina as the 11th best city out of the country’s 25 largest cities for retail shopping! Forbes’ study actually ranked Charlotte ahead of New York City and Los Angeles! Go Charlotte!

Having now lived in Charlotte for 13 years after living in shopping “meccas” like New York City, Paris, London I can attest to how much shopping has improved in the Charlotte metro area. Unlike in the “old” days, you don’t need to leave Charlotte any longer to get a healty dose of retail therapy!

Forbes’ ranking focused on ease, options, and affordability of shopping. Charlotte has 6,225 retail outlets, 21 shopping centers and I’ve been telling relocating clients to Charlotte there’s hardly anything they can’t find locally these days.  Here’s a link to the entire Forbes Study for the best shopping cities.

If you are thinking of moving to the Charlotte and Fort Mill metro areas, contact Carolinas Realty Partners. We’ll be delighted to send you a comprehensive Newcomer’s Package on the area.

The tax deduction for mortgage insurance that was set to expire has been extended through 2011. So if you are paying insurance on your home mortgage here are some things you need to know to qualify for the mortgage insurance deduction this year:

• If your adjusted gross income is no more than $100,000 you may be able to deduct 100% of mortgage insurance premiums you pay in 2011.
•  But if your income is more than $100,000 you may take a partial deduction.
• You must have purchased your home between January 1st, 2007 and December 31st, 2010.
• If you’ve just recently purchased your home and have pre-paid your insurance premium, you may deduct this entire amount.
• Second homes are not eligible for deductions; you can only deduct mortgage insurance premiums on a primary residence.

If you itemize on your tax return, don’t forget that you are eligible for other deductions related to home ownership, such as loan origination fees, property taxes, mortgage interest paid. As always, you want to consult with a tax professional.