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Currently at $999K obo. Appraised at over $2M. Next years recovery could take it to $3M and with the addition of an approved carriage house which adds garage and 2-4 suites could go to $4M
Pay attention to the furnishings! They all stay!
http://picasaweb.google.com/carisabic/MBGrandHome?feat=directlink
Email me if you have trouble with the picassa link.
Carisa L Majesky
CarisaBIC@gmail.com
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John Burns has published the latest edition of the U.S. Building Market Intelligence September 2009. According to the data sales, values, and prices are creeping upward signaling that now is the time for Investors to act.
Email us at NCInvestorBroker@gmail.com for a copy of the complete report including breakdown data.
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Charlotte NC has always seemed to be a healthy and strong real estate market, almost self sustaining despite whatever woes plagued the rest of the country. Our large demographic of banking, technology, and entrepreneurs insulated us as we grew our economy. Although these unusual economic conditions have touched every sector of our market and every demographic with uncertainty and a certain degree of concern, we are proving ourselves to indeed be healthy and strong…in our ability to overcome adversity and recover our economy.
We have just seen more evidence of that in a recent visit from billionaire real estate developer Donald Trump. Though here to speak at an opening of a new local business which will employ thousands; as it always seems to do; the conversation did turn to real estate.
“I would definitely come back to Charlotte. I like Charlotte a lot. It’s a great place.” Trump was quoted as saying when asked about any future plans here. One of the key reasons that Trump and essentially any real estate investor would be in acquisition mode right now is “pricing has become a lot more reasonable”.
One prediction that is worth considering when reviewing whether the market is rebounding is this: Always in the past it has been building starts and even now growth is measured in building starts. But more importantly it has to be absorption. When it is cheaper to buy existing than to build because of availability and other economic factors, building starts wont rise until inventory decreases.
Though we know what we know, we tend to forget and listen to only what the media is reporting, which usually is only raw data minus the understanding of what that data means or what is affecting it. And we have to listen to one of our own to remember what we should pay attention to and how it should influence they way we do business and our attitude toward it.
As quoted last week by “The Donald” himself: “ You could always build, and you could build for less than you can buy. Today you buy for a lot less than you can build.”
Trump is on the prowl for real estate in Charlotte. Let’s find your great investment deal before he gets here with his checkbook!
Carisa L Majesky
NCInvestorBroker@gmail.com
Filed under: 1 | Tagged: charlotte real estate, donald trump, real estate investors | Leave a Comment »
With real estate prices and values in the southeast showing signs of recovery, the window may be fast closing on opportunities to pick up properties at rock bottom bargain prices.
One possibility for getting drastically discounted homes before the market evens out and inventory balances itself again is to look at sellers needing to sell and willing to do a short sale on their property.
We have negotiated short sales in the $500,000 range to the $2,000,000 range and are finding that buyers now have an advantage and a foothold into a market price that was once just above their heads.
Not able to purchase now even though the deals are fast disappearing all around you? Contact a heavily investor focused real estate company such as ours at Results Investment Realty. Investors are buying these houses all the time and are willing to help you leverage their good deal and do a lease purchase or lease option contract with you for a future sale at a price you both can live with.
Carisa L Majesky
980-722-2685
Filed under: 1 | Tagged: charlotte, foreclosures, lease option, lease purchase, north carolina, short sale | Leave a Comment »
We have an evolving list of luxury short sales in the Charlotte NC area. Send us your email address to receive regular updates on deals that are available.
Lake Norman Waterfront – Make offer
Providence downs South – Listed at half of appraisal – make offer
Complete working horse farm under $500K Business and real estate included
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We are offering a $2.25M European Manor home as a short sale for only $1.26M.
This home is nearly 8,000 sf of upgraded luxury living. Home includes Chefs Kitchen with Viking Professional Series appliances, Vaulted Keeping room off Kitchen with stone Fireplace, 2 story grand room with massive chandelier and limestone Fireplace walks out onto covered patio large enough for outdoor living space.
Master suite on main with heated floors in bath, morning kitchen, step up jacuzzi tub and step down turret shower with multiple shower heads and personal body jets.
Home has secret room, tanning bed room, computer room/office, study, theatre room, billiard room, 4 bedroom suites upstairs each with walk in closets and private baths, 3rd floor/walk up attic storage.
Home sits on corner lot with upgraded landscaping and landscape lighting, concrete stamped driveway circles to side load garage and entry from side street. Backyard already diagramed for a poolscape.
This home is now priced under other comparable homes in the neighborhood. The neighborhood has a pool/lazy river, clubhouse for entertaining, and excercise room filled with state of the art equipment. Best value in the area.
Bank must approve offers but we can still do a quick close as they are ready to help the seller out of the home. Spring is here and buyers are now out searching along with investors. So we expect this to be gone soon!
Contact us for more pics.
Carisa Majesky CarisaBIC@gmail.com
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Everyone is wary about the current state of the economy. But if you invest in real estate or the stock market and are currently liquid and not overly vested, you have a different outlook.
Successful Real Estate Investors did not earn their fortunes by investing their money at the height of the markets. They actually watch financial trends and do their homework, and then act WHEN THERE IS A DIP IN THE MARKET.
If you want to follow the patterns of successful Real Estate Investors, then I’ve got a message for you……..HERE IS YOUR DIP!!!
I have deals on my exclusive Investor Hot Sheet that are TWICE AS GOOD AS THE DEALS MY INVESTORS USED TO WAIT FOR TO JUMP ON!!!!
We have so much interest right now it is guaranteed that the first half of 2009 will move more property in our area than ALL OF 2008!
If you want to find out how to get on the list to receive our exclusive Investor HOT SHEET, then email us at carisabic@gmail.com and we will help you out.
Be encouraged. This is actually a phenomonally good time for real estate investors who are buying.
Carisa L Majesky
Results Investment Realty
980-722-2685
yahoo mobile messenger id: carolinalandbrokr
carisabic@gmail.com
Filed under: Real Estate Investing | 3 Comments »
