Tuesday, March 6, 2012

Luxury Foreclosures in Charlotte = Oxymoron? - Charlotte Real Estate

When you think of luxury homes in Charlotte, you likely picture sprawling, finely-manicured lots with mature foliage, overwhelmingly gorgeous homes with custom architectural features and an interior to die for? all set in an idyllic community.

When you think of a foreclosure, you probably think of dilapidated properties covered in graffiti inside and out with abandoned cars and trash overflowing from the yard.

However, there IS such a thing as luxury foreclosures in Charlotte ? and they might just be the steal of a lifetime.

Luxury foreclosures in Charlotte are definitely available in all the best zip codes, including 28210, 28207, 28278, 28226, 28277, 28209, 28211, 28214, 28270, and many others.

? And no, they aren?t the ramshackle stereotypes of foreclosures that people mistakenly assume them to be.

In fact, if you choose to overlook luxury foreclosures in your Charlotte home search, says your best Charlotte agent Leigh Brown, you may be missing out ? big time.

Luxury foreclosures in Charlotte are just like any other type of foreclosure in that they used to be owned by people who ended up not being able to make their monthly mortgage payments due to any number of reasons and, as a result, the homes ended up repossessed by the bank. As a result, buyers end up getting into these homes for pennies on the dollar because the banks are usually selling these homes at a discount in order to move them quickly.

However, unlike the stereotypical foreclosure, luxury foreclosures are almost always well maintained and gorgeous inside and out.

In other words, you might be able to stretch your Charlotte real estate dollar a LOT further by considering one of the many luxury foreclosures in Charlotte. You may be surprised ? shocked even ? at how much further your dollar will go simply by choosing to invest in a luxury foreclosure in Charlotte versus a standard resale home.

Intrigued? Get in touch with your best Charlotte agent and luxury foreclosure and short sale expert in Charlotte, Leigh Brown, right now.

Source: http://www.charlotterealestatevoice.com/luxury-foreclosures-in-charlotte-oxymoron/

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