The Charlotte Observer continues their analysis of the local residential real estate market in today's edition.
According to the article, an estimated 14% of Charlotte mortgages are "under water," or that the homeowner owes more on the home than what it is worth. This information comes after a county-wide tax revaluation, and it also represents an increase from 9.7% last year.
Are you under water in your home? Struggling with your mortgage terms? Gina at Your Property People, Inc. can consult with you regarding your options, including loan modifications, the complex short sale process, and even the details around foreclosure. All consulations are free and confidential. Contact Gina at gina@yourpropertypeople.com or 704.575.7605.
Your Property People, Inc. is a full service real estate brokerage offering residential and commercial services to the greater Charlotte area. We have agents who speciaize in Western Union County including Marvin, Weddington and Waxhaw and the south Charlotte area, including Ballantyne, Piper Glen, and South Park.
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