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Agent Profiles
Aaron Reed
Brandy Caskey

Welcome Fall

Fall is officially here! Fall is the best time of the year in my opinion. However, is it the best time if the year to buy or sell your home? Statistics show that the real estate market tends to slow down this time of the year. Why and what should we do about this? I will discuss this issue below

I find that if you are selling your home that you may see the effects of the fall slow down. Why is this true? For starters school is back in session and the upcoming holidays tend to keep people preoccupied. What can we do to fight this slow down? Keep your home show ready and your curb appeal in top notch shape.

Make sure that you give your home that fall decor touch. Some people may prefer to home shop during the fall because of the cooler weather and the homey feeling that this season provides. You must capture this feeling with fall smells via incense and fall decor.

For buyers it is a great time to buy because, well, the market has slowed down. Less demand equals lower prices and a tendency for individuals to panic sell.
Thanks for reading,

-Aaron Reed
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About Short Sales in Charlotte, NC

If you are a buyer in this market and are looking to get a great deal on a home it is near impossible to avoid coming into contact with a short sale property that you like. Most of my clients end up either looking at or making an offer on a short sale but the expectations I set are always clear but not easily understood. The short sale process is time consuming, confusing, and downright frustrating if the proper expectations are not set.

The way that the short sale process works is first you have to start with a distressed homeowner who needs to get out of his or her home mortgage payments. Typically the homeowner will be several months behind on making mortgage payments and is looking for a way to avoid foreclosure. A listing agent will present this seller with the option to offer their home as a POTENTIAL short sale. Once this process starts the following takes place:

1. Valuation of the property
2. Listing of the property
3. Offer Acceptance (BY SELLER ONLY)
4. Offer is presented to the bank(s) (several liens in most cases)
5. Once the bank accepts, declines, or presents a counter offer to the original offer the buyer will then have the option of continuing with the purchase or to walk away (this step usually takes at least 3 months for various reasons)

Step 5 is typically where the deal goes wrong for most buyers. The reason for this is that most people do not realize that the home is not fully under contract until the bank steps in and accepts the short sale. Remember they are the ones that have allowed for the property to be released from the sellers hands while not taking payment for the difference on how much is owed and what the property sold for.

For further insight into short sales or any other real estate topics please contact

Aaron Reed
A.G. Reed Realty

Loan Approval

An important first step in the process of purchasing a home is getting preapproved for a loan. I recommend that you do this even before looking at homes. Why? There are three reasons.

1. Getting preapproved for a loan will give you, in writing, precisely the loan amount you can get. This allows you to calibrate your home price range and narrow your home search.

2. When it comes time to make an offer, being preapproved gives you a stronger bargaining position. A seller will prefer your offer, because they know that the loan will not fall thru. Your offer will also be much more credible.

3 Being preapproved also means that your loan application will be accelerated. You will be in your perfect home more quickly and with less stress.

I can recommend some excellent mortgage professionals who I have worked with before. It’s a lot easier than you think.

If you need to search the MLS or if you would like to view Charlotte NC Homes please visit visit our finance page for more loan information and to fill out a loan application.

Aaron Reed
Charlotte NC Real Estate Agent

Buying a Home in a Bad Economy

Deciding when to purchase a home can be confusing. Prices can fluctuate due to the economy in general. A poor economy can often mean lower home prices. Home prices also vary seasonally, with slightly lower prices in the middle of winter. In general, these fluctuations are the result of imbalances in supply and demand. When there are more sellers than buyers, prices go down. Prices can also bounce up as well, if demand exceeds supply.

Most importantly however, is consideration of your individual situation. Are you ready both financially and emotionally for a move? Think about what you hope to achieve with your purchase. Perhaps you are looking for a place to raise your family; perhaps you are tired of paying rent and the lack of freedom to personalize your living arrangements.

Regardless of the time of year or the state of the economy, there are always opportunities available to those that look for them. That’s why it is good to have my assistance in finding your perfect home in Charlotte NC. Please let me know if I can be of assistance to you.

If you need to search the MLS or if you would like to view Charlotte NC Homes please visit

Aaron Reed
Charlotte NC Real Estate Agent
O: 704-957-6600
C: 704-281-0682