Buying a Foreclosure Home in Charlotte, NC – Caveat Emptor

Posted by Leigh Brown on May 21, 2010 in Real Estate News | 0 comments

When it comes to buying a foreclosure home in Charlotte NC, the onus is on the buyer to find out about the quality or condition of the property purchased, unless protected by warranty.  In other words, the buyer takes upon himself the risk of quality. A home in foreclosure is still a large investment and should be purchased...

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Foreclosure Growth Rates Appear to be Slowing Down

Posted by Leigh Brown on Mar 12, 2010 in Real Estate News | 0 comments

The heady pace of foreclosure growth we’ve witnessed over the past several years appears to be slowing down. According to RealtyTrac Inc., the number of  homeowners facing foreclosure last month grew 6% from the same time last year, which is the smallest annual increase seen in four years. However, there are concerns...

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