Can't sale Charlotte house, selling your Charlotte house? Charlotte home won't sell because of no equity.

Sellers

Problems Selling Because your Charlotte house has No Equity?

The "low equity" situation is the most common we run across in Charlotte. Builders were building like crazy in a lot of Charlotte outer city neighborhoods due to the increase of population. Most of the newer neighborhoods less than 5 years old are decreasing in values due to adjustable rate mortgages and the increase in the unemployment rate in the area.

All of this has caused some homes to go in foreclosure which lowers the value in your neighborhood. Not only in Charlotte but around the country as well.

What's equally worst is trying to sale a house that you haven't owned more than 5 years. That's about how long it takes for a house to appreciate enough to break even when selling your house. If you don't have enough equity you can wind up digging deep to pay someone to buy your house.

In those cases, most homeowners try to sell their home "for sale by owner" without any luck. The next step is to list it through an agent. In order to cover the agent's commissions and additional closing costs, they have to increase the price. This is a huge mistake to find value that isn't there. Listing your house for higher than market value will surely not bring in any buyers, causing you to lose more time.

Since the price was increased, the likelihood of selling is reduced. Even if it does sell, what little equity you have is eaten away by the commission and closing costs.

Some real estate agents may even refuse to list your house because there isn't enough equity to pay their commissions!

You don't have to give away your equity to a real estate agent, no matter how small it is!

We purchase homes with little equity and in many cases are able to return much of that hard earned equity to the homeowner who deserves it the most. Charlotte is a very competitive market and if your house doesn't have the edge, it will sit for months.

Another thing you won't have to worry about is paying a mortgage payment on a house you don't want. We will take this burden off your hands.

You can call us at (704) 953-6366 or fill in the offer form.

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Wood Floors	Formal Dining Room
Carpeting	Game Room
Tile	Fireplace
Finished Basement	Deck

Unfinished Basement	Swimming Pool
Privacy Fence	Other Fence
Brick	Vinyl Siding
Steel Siding	Wood Siding

Other Siding	Stucco
Central Heat	Central Air
Floor Furnace	Wood Stove
Septic Tank	Crawl Space

Slab	Storage Shed
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