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Updated almost 5 years ago on . Most recent reply

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1
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Hammad Ejaz
0
Votes |
1
Posts

Trying to buy something Charlotte NC

Hammad Ejaz
Posted

Hi

I have a 35,000 down payment and qualified for 250,000 to buy a property.

I want a house for myself. It just has to be a good property. I dont care if its new or old. But things like a decent yard, a decent commute and decent sqft of the house are what I am looking for. I am also looking to be no more than 40 minutes from uptown Charlotte.

Any leads or help would appreciated. Its a sellers market with very low inventory. I am open to ideas/strategies on how to find off market houses as well.

Being only 21 years old and having a full time job, the goal is to pay my house asap! I want to buy something I can be proud of eventually.

Thanks in advance

Hammad

Most Popular Reply

User Stats

399
Posts
341
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Patrick Menefee
  • Real Estate Coach
  • Charlotte, NC
341
Votes |
399
Posts
Patrick Menefee
  • Real Estate Coach
  • Charlotte, NC
Replied
Originally posted by @Hammad Ejaz:

Hi

I have a 35,000 down payment and qualified for 250,000 to buy a property.

I want a house for myself. It just has to be a good property. I dont care if its new or old. But things like a decent yard, a decent commute and decent sqft of the house are what I am looking for. I am also looking to be no more than 40 minutes from uptown Charlotte.

Any leads or help would appreciated. Its a sellers market with very low inventory. I am open to ideas/strategies on how to find off market houses as well.

Being only 21 years old and having a full time job, the goal is to pay my house asap! I want to buy something I can be proud of eventually.

Thanks in advance

Hammad

@Kevin Stringari nailed it...you need to get more specific in your criteria. A 30 second search of single family homes around Charlotte under $250k yielded 353 results on the Realtor app, which is kind of like asking your significant other what they want for dinner and getting "food" as a response. What's important to you?

How many beds/baths do you want?

Do you want something that needs work, or something 100% move-in ready?

What is a "decent" commute to you, and is that by car or light rail? 

What is "decent" to you in terms of sqft? 

Are you looking to buy and live there for the next 30 years? Do you have kids and want a great school district?

That's what you need to think about first...think about what you want, drive around and look at neighborhoods that you might want to live in, go to some open houses, get a feel for the area, and narrow that down a bit.

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