Hornets Lunch & Learn 2023

Page 6

Official Realtor® of the Charlotte Hornets since 2007!

Who are we?

Official Realtor® of the Charlotte Hornets since 2007!

An award-winning residential real estate firm dedicated to serving our clients throughout North and South Carolina. We also have an in-house relocation department that manages individual and corporate moves.

Founded in 2006 by Valerie Mitchener, as a boutique real estate agency with six brokers, Corcoran HM Properties quickly grew to be a market leader in the Charlotte metro area.

Over the past 16 years, Corcoran HM Properties has built a strong presence within the Charlotte region. Our brokers stay ahead of the competition with continuing education and training and we have created a distinguished brand through our online, print and direct mail marketing.

VALERIE MITCHENER Owner I Broker HARPER FOX Sales Manager I Broker

The importance of working with a knowledgeable Real Estate Broker...

Real estate brokers have the level of skill, knowledge and attention to detail required in today’s real estate transactions. Having professional help and guidance through the buying and Brokers provide an extensive network of trusted professionals to Brokers have access to a deep network needed to uncover properties not even listed for their buyers.

selling processes are critical in today’s competitive market. help you with buying, selling and beyond, such as photographers, real estate attorneys, mortgage lenders, builders, contractors, insurance providers and more.

Tips for First Time Home Buyers

Assess your finances

Review your credit report, total household income, monthly debts + assets, and cleanup credit report errors. Shop for mortgage loans & get pre-approved.

Hire a real estate broker

Real estate brokers will provide you with access to the most up to date information as well as guidance throughout the home buying process and beyond.

Decide what you are looking for in a home

Create a list of must haves and communicate with your broker. Keep in mind factors such as location, commute, near-by conveniences, etc.

Steps in the Home Buying Process

Create a budget & do your research while saving. Save for Your Down Payment Contact a local professional to guide you through the process. Find a Real Estate Agent
with your agent to find a home in your budget that meets your needs. Find a Home Pick a closing attorney to represent you and schedule your closing.
a Closing Attorney Ensure the property is worth the price you are prepared to pay. Get a Home Appraisal
your score and clean up any outstanding debts
student
and
cards.
Your Credit Score
Work
Hire
Learn
like
loans
credit
Know
a serious buyer
a better
of
you
Get PreApproved
Differentiate yourself as
and get
sense
what
can afford.
Make an Offer
Home Inspections and
Property Survey
Determine your price and negotiate the contract.
Address any issues in the home with the seller and negotiate your due diligence request. Schedule
order a
Congratulations you are a homeowner! Close the Sale and Move In
1 2 3 4 5 6 7 8 9 10

Factors Affecting Mortgage Pre-Approval

Conventional Mortgages

Government-Insured Mortgages

Adjustable-Rate Mortgages

Jumbo Mortgages

Fixed-Rate Mortgages

Things to remember when selling your home...

Pricing

Your real estate broker can provide you with an updated market report and a list of comparable properties to make the best decision on pricing for your home.

One chance to make a 1st impression

Make any necessary minor repairs around your house before hitting the market. Make sure your yard is well maintained and the interior is clean. A little work ahead of time will go a long way in presenting your home in the best light possible.

Staging

Potential buyers need to be able to envision themselves living there. Be sure to remove family photos, personalized items and clutter before showings begin. Work with your broker to find a staging company that is right for you.

Charlotte Market Stats

what do these numbers mean?

Add a little bit of body tex

"The housing market is expected to continue to cool in 2023 as the high monthly cost of a mortgage continues to dampen sales volume. Of course, this national slowdown will affect the nation’s 50 largest markets in different ways, and some markets appear more likely to navigate these choppy waters than others. Specifically, Zillow expects Charlotte to be the nation’s hottest housing market in 2023, with Cleveland, Pittsburgh, Dallas, and Nashville filling out the top five.

Zillow’s list of the hottest markets in 2023 is based on an analysis of forecast home value growth, recent housing market velocity and projected changes in the labor market, home construction activity and number of homeowner households.

Pushing Charlotte to the top of the list is its forecasted annual home price growth, and Cleveland’s second-place rank can be attributed to its high market velocity and job growth. While Pittsburgh is the only market in the top five with forecasted household declines, it makes up for the drop in owner-occupied homes with the fourth-highest ratio of jobs added per new home permitted."

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