Scot's Charlotte & Lake Norman Real Estate Blog

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Real Estate Agent - RE/MAX Executive Realty
Welcome to my Blog. Here you can learn more me and my thoughts on the Charlotte real estate market as well as real estate in general. Feel free to post comments or to contact me directly with your questions. Explore the links and search for your next home. And remember, if it's important to you ... it's important to me!

ARCHIVED BLOG POSTS

2011 

According to a press release this week ... Wells Fargo announced that effective JAN 15 they will accept FHA mortgages for borrowers with credit scores as low as 500. For those borrowers with scores of 500-579, a 10% downpayment would be required. The downpayment can not be a gift or be part of a ...
01/30/2011
In an earlier post I wrote about the 2011 Mecklenburg County property tax revaluations. You will soon be receiving your new tax values in the mail. Below our good friend Jonathan Osman wrote a great post explaining in more detail how the 2011 Mecklenburg County Revaluations may affect you. The Me...
01/28/2011
The gods at Google has decided that they will no longer support real estate listings, according to Inman News. "In part due to low usage, the proliferation of excellent property-search tools on real estate websites, and the infrastructure challenge posed by the impending retirement of the Google ...
01/27/2011
A recent National Association of Realtors survey, "American Attitudes About Homeownership", showed once again that home owners and renters agree that homeownership benefits both individuals and families. As well as strengthening our local communities and remains integral to our nation's economy. ...
01/27/2011
There are many little details that you need to pay attention to in a Short Sale transaction. That's why working with an agent that has experience in this area is very important. Most condominiums and townhomes will be bound to an HOA, similar to which many single-family homes are. One difference,...
01/23/2011
A recent article in The New York Times lays out a little-known strategy that can cut your mortgage payment. The strategy, called "recasting" or "re-amortization" involves paying off a lump sum of the principal amount and then asking your lender to reset the monthly payments using the original int...
01/13/2011
The NC Attorney General's office has shut down another "alleged" foreclosure-rescue company that operated out of locations in Charlotte and Colfax. According to a recent article in the Charlotte Business Journal, the company operated under the names Hazelton Management and The Carley Group. The o...
01/11/2011
It's now 2011 and here in Mecklenburg County that means the new property tax values for approximately 360,000 parcels. This isn't a surprise, we actually were suppose to do this in 2009 but the County delayed the reavaluation for two years due to the economic downturn. But the time has arrived an...
01/05/2011
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Scot Draper

Broker/Realtor, ABR CDPE CIAS
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