| |  | Jody Jessup...One of Charlotte's most successful RE/MAX agents!
$50,000,000 in CLOSED sales in 2005-2007!
RE/MAX HALL OF FAME
& PLATINUM CLUBS
When you're buying or selling your largest investment, don't settle for just any Realtor! As one of Charlotte's most successful RE/MAX agents, my team provides cutting-edge technology and a proven, TWELVE year track record of success! Let us show you why we're ABOVE THE CROWD in Charlotte real estate!
Don't miss our FREE Brochures!! Buyers- Learn to make successful offers. Sellers- Learn how to negotiate a higher price for your home.
SELECTED 2007 FIVE STAR "BEST IN CLIENT SATISFACTION" | |
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Jody Jessup
RE/MAX Classic Properties
2100 Crescent Ave.
Charlotte, NC 28207
(704) 451-5151 Office
(704) 522-8252 Fax
Email: clthomes@aol.com
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Check out over 25,000 up-to-date Charlotte area listings by clicking here...
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| Information on BANK-OWNED HOMES!
Besides being one of Charlotte's top RE/MAX agents, Jody Jessup is also a Fannie Mae sales representative for the Charlotte area. If you are interested in buying a bank-owned home or searching all active Fannie Mae listings in Charlotte, please contact Jody today.
CHARLOTTE...The Queen City
The largest city in the Carolinas, Charlotte is the country's second largest banking center and a major air and transportation hub for the Southeast. Charlotte Douglas International Airport was recently named one of the 10 busiest airports in the nation. The metro's population (2 million) and high-rise business district have grown dramatically over the past decade. In fact, the Charlotte region was second in the country in growth during the 1990's and led the nation in housing appreciation last year!
The city, settled around 1750, was named for Queen Charlotte, the wife of George III of England. Its citizens were among the most outspoken in opposition to the British government and it was in Charlotte that the Mecklenburg Declaration of Independence was signed in 1775, a full year before our nation's version was ratified. In his brief two month occupation of the city in 1780, British General Cornwallis called it a "hornet's nest of rebellion".
RE/MAX..Outstanding Agents, Outstanding Results!
Charlotte's real estate market has changed dramatically over the past few years. Because of recent mergers and our growing business community, Charlotte is a corporate town and relocations occur much more frequently than in the past.
Now, more than ever, it is critical to have a real estate company with an international presence. There is a huge disadvantage in working with small, independent firms who have no name recognition outside of Charlotte.
No other real estate company even comes close to the size and reputation of RE/MAX. RE/MAX agents not only sell more homes but are also the most experienced and knowledgable in the business. With over 120,000 agents in 67 countries, the RE/MAX name is the most recognized in the real estate industry!!!
Let us put the RE/MAX reputation our proven knowledge and experience to work for you!
Jody's Community Involvement
I'm a North Carolina native, having been born and raised in the Winston-Salem area. I moved to Charlotte in 1984 to attend UNC Charlotte. Because of my love for the city, I decided to call it home for good after graduating in 1989. Since graduation, I have remained active in the UNC Charlotte community by serving on the Alumni Board of Governors, the Charlotte Athletic Foundation and as President of the Young Alumni Club.
Nobody Sells More Homes than RE/MAX
As a full-time, licensed agent in both North and South Carolina, I have helped hundreds of people find the home of their dreams. I believe in going the extra mile for my clients, and as a result, I have achieved the prestigious RE/MAX Platinum Award and RE/MAX Hall of Fame Award. Also, I'm a graduate of the Charlotte Regional REALTOR Association's Leadership Development Program and a member of the North Carolina RPAC's 500 Club.
Whether you're buying, selling or relocating, let us show you why we're above the crowd in Charlotte area real estate!!!
REO Property Info
Because the foreclosure market has been relatively dormant in recent years, many people aren’t familiar with REO homes (foreclosures) and don’t fully understand how the process works. This lack of understanding can foster many myths that are detrimental both to homeowners who want to avoid foreclosure and to buyers and investors interested in purchasing.
Here are 8 of the most common myths about REO's:
Myth 1: REO's aren’t available in the current market.
While foreclosures are at a relatively low level from a historical perspective, plenty are available in our current market. More than 270,000 properties entered some stage of foreclosure in the second quarter of 2006, a 17 percent increase from the same period last year, and many experts are predicting a continued increase over the next 18 months as home price appreciation slows and trillions of dollars in adjustable rate mortgages reset at a higher interest rate.
Myth 2: REO's only happen in poor areas.
REO's come in all shapes and sizes and occur in all neighborhoods. From low-income to million-dollar properties, you will see the full spectrum of homes entering into the foreclosure process. Economic forces such as rising interest rates and decreasing home values impact homeowners from a wide array of neighborhoods.
Myth 3: Financial irresponsibility causes most REO's.
While there are always those cases of financial neglect, most homeowners have shown some high level of financial responsibility in order to qualify to purchase a property in the first place. Unforeseen events such as job loss or a catastrophic accident can cause sudden and unpredictable financial havoc. In addition, foreclosures also tend to increase when interest rates are up and property values plateau or decrease.
Myth 4: All REO's are in disrepair.
While some homes can be in less than ideal shape, many are in great condition. The myth that all foreclosures are in disrepair seems to be driven by the other myth that foreclosures are usually caused by financial irresponsibility. If you are not an expert in buying REO properties, it is highly recommended that you seek the advice of a professional REALTOR who is experienced with these types of sales to avoid common pitfalls.
Myth 5: Lenders want to foreclose on homeowners.
The foreclosure process is costly and time consuming and is a last resort for lenders to recover their investment. When a homeowner defaults on a mortgage, the lender typically must first file a public default notice after which the homeowner is given a grace period known as a pre-foreclosure period. During this time, the homeowner can pay off the debt or choose to sell the property. Only at the end of the pre-foreclosure period can the lender auction the property off to a third-party buyer or repossess the property and sell.
Myth 6: REO's can be bought for pennies on the dollar.
While it is true that foreclosures are often purchased below market value, buyers and investors should be leery of anyone claiming that they can consistently find discounts of less than 10 percent of market value.
Myth 7: REO investing is an easy way to get rich quick.
This myth is typically perpetuated by the same folks who claim that REO's can be bought for pennies on the dollar. Buying or investing in foreclosures takes time, money and vigorous research. Those willing to put in the hard work often reap substantial financial rewards, but those hoping to amass a fortune off a couple deals that take a few minutes of their time have unrealistic expectations.
Myth 8: REO buying is only for professional investors.
Perhaps at one time this may have been the case, but with all of the tools available to today’s buyers, more people than ever before have the opportunity to purchase REO properties.
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Each Office is Independently Owned and Operated.
NOBODY SELLS MORE HOMES THAN RE/MAX
Each Office is Independently Owned and Operated.
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