OK,
I know it has been a while since my last investor suggestion list. CMLS has
recently completely overhauled its database management system and we have been
feverishly working through the "challenges" caused by this. IF YOU
ARE CURRENTLY USING A CLIENT GATEWAY WEBPAGE OR CLIENT PORTAL that I set up for
you, and you have not received automatic updated listings recently, PLEASE LET
ME KNOW. I will need to go into the system and repair the portal.
You might also note that the display you access via the link below looks different. I don't particularly like it either. But you can click on the drop down menu near the top- center of the page labeled "Display" to see all the individual MLS reports for the properties on this list, rather than a single line description of each. (The techies are always playing with the system... what can I tell you?)
In the meantime, here is my most recent Charlotte area investor suggestion list. Inventory continues to be a bit of a challenge, as those of you who search more regularly have become well aware. But the deals are still out there, if you have the patience and determination to find them.
As always, I try to cover a broad range of investor strategies with my suggestion list. What might work well as a fast flip, might not be a great rent-and-hold candidate-- and vice versa. The MLS listing reports have changed in form slightly, but please take the time to review them. It will be well worth your time because there are some potentially very good opportunities on this list. Here are summaries of a few, chosen at random:
#1 on the list - MLS 2207732 - For those of you would like pricier projects, with larger potential for upside, this is a Waxhaw 4BR/3.5 BA REO with 70 DOM; reduced to $685,900 with a tax value of $1,146,660. #2 on the list is similar to this one-- an REO in exclusive Piper Glen.
#3 - MLS 2222353 - This is a Weddington 4BR/3 Full Bath/2 Half Bath home with nearly 5,500 total sq.ft. and a tax value of $507,020; listing price is $376,200.
#10 - 2202400 - 4BR/2.5BA Fannie Mae REO in northern Monroe; 99 DOM and reduced to $139,900 with a tax value of $196,190.
#11 - 2220562 - Statesville 3/2.5 for which the listing agent states: "demo completed and ready to start remodel;" listing price is $120,000, with a tax value of $221,720. (It looks like someone got himself in over his head.)
#13 - 2206529 - 3/2.5 JP Morgan Chase REO in zip code 28215 was built in 2006, so most systems should be reasonably new; priced at $109,900 with a tax value of $188,500.
#17 - 2182337 - 3/1 Fannie Mae REO near Sharon Amity/Independence Blvd interchange construction; 201 DOM and reduced to $89,900 with tax value of $120,400.
Again; please review the MLS reports for all the properties on this list; I have not singled out the above because they are "better" than the others. They are just given as examples of the values still available in this market.
Once again, please let me know if you are not receiving regular updates on your client gateway webpage or client portal I set up for you while the old MLS database was in service. If necessary, I will set up a new search or searches to keep you fully informed of properties that match your criteria.
And as always, if you would like any information about any of the properties on this list, or any other properties you may have identified, please don't hesitate to contact me.
Click the following link to view the Listings:
http://matrix.carolinamls.com/DE.asp?k=331377XSXZH&p=DE-66232-265
Eric J. Dorer, BS, JD
Realtor/ Broker
NAR Certified Short Sales and Foreclosures Resoure
2740 Oxborough Drive
Matthews, NC 28105-8852
(980)875-0950
Fax: (877)362-0917
e-mail: ejdorer@gmail.com
website: www.EricDorerRealEstate.com
Blog: http://ejdorer.blogspot.com
#CLT #realestateinvestment #realestate
You might also note that the display you access via the link below looks different. I don't particularly like it either. But you can click on the drop down menu near the top- center of the page labeled "Display" to see all the individual MLS reports for the properties on this list, rather than a single line description of each. (The techies are always playing with the system... what can I tell you?)
In the meantime, here is my most recent Charlotte area investor suggestion list. Inventory continues to be a bit of a challenge, as those of you who search more regularly have become well aware. But the deals are still out there, if you have the patience and determination to find them.
As always, I try to cover a broad range of investor strategies with my suggestion list. What might work well as a fast flip, might not be a great rent-and-hold candidate-- and vice versa. The MLS listing reports have changed in form slightly, but please take the time to review them. It will be well worth your time because there are some potentially very good opportunities on this list. Here are summaries of a few, chosen at random:
#1 on the list - MLS 2207732 - For those of you would like pricier projects, with larger potential for upside, this is a Waxhaw 4BR/3.5 BA REO with 70 DOM; reduced to $685,900 with a tax value of $1,146,660. #2 on the list is similar to this one-- an REO in exclusive Piper Glen.
#3 - MLS 2222353 - This is a Weddington 4BR/3 Full Bath/2 Half Bath home with nearly 5,500 total sq.ft. and a tax value of $507,020; listing price is $376,200.
#10 - 2202400 - 4BR/2.5BA Fannie Mae REO in northern Monroe; 99 DOM and reduced to $139,900 with a tax value of $196,190.
#11 - 2220562 - Statesville 3/2.5 for which the listing agent states: "demo completed and ready to start remodel;" listing price is $120,000, with a tax value of $221,720. (It looks like someone got himself in over his head.)
#13 - 2206529 - 3/2.5 JP Morgan Chase REO in zip code 28215 was built in 2006, so most systems should be reasonably new; priced at $109,900 with a tax value of $188,500.
#17 - 2182337 - 3/1 Fannie Mae REO near Sharon Amity/Independence Blvd interchange construction; 201 DOM and reduced to $89,900 with tax value of $120,400.
Again; please review the MLS reports for all the properties on this list; I have not singled out the above because they are "better" than the others. They are just given as examples of the values still available in this market.
Once again, please let me know if you are not receiving regular updates on your client gateway webpage or client portal I set up for you while the old MLS database was in service. If necessary, I will set up a new search or searches to keep you fully informed of properties that match your criteria.
And as always, if you would like any information about any of the properties on this list, or any other properties you may have identified, please don't hesitate to contact me.
Click the following link to view the Listings:
http://matrix.carolinamls.com/DE.asp?k=331377XSXZH&p=DE-66232-265
Eric J. Dorer, BS, JD
Realtor/ Broker
NAR Certified Short Sales and Foreclosures Resoure
2740 Oxborough Drive
Matthews, NC 28105-8852
(980)875-0950
Fax: (877)362-0917
e-mail: ejdorer@gmail.com
website: www.EricDorerRealEstate.com
Blog: http://ejdorer.blogspot.com
#CLT #realestateinvestment #realestate
