Identified Schools for This Property: These are the schools that have been identified by the listing agent and/or the seller as the schools that appear to serve these properties.

Nearby Regular Public Schools: These are schools that are near this property, based on the property’s location.

Nearby Charter Schools: These are charter schools that are near the subject property, based on the property’s location. Charter school enrollment is typically based on a lottery, rather than on the neighborhood where the student’s home is located.

Nearby Magnet Schools: These are magnet schools that are near the subject property, based on the property’s location. Magnet schools differ from regular public schools in that they offer specialized academic themes, such as math & science, the arts, foreign languages and so on.

Please note: school assignments are not always reliable, and should be verified prior to purchasing a property. Enrollment in any of the schools described above is not guaranteed with the purchase of this property. In addition, school assignments are subject to change.

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Listing Status Explained

On our site, you will see the following types of listing status:
  • Active: The property is still actively for sale and a contract has not been accepted yet.
  • Under Contract But Showings Still Accepted: The property is under contract with a buyer. However, the seller is still allowing buyers’ agents to show the property to other buyers. Buyers may be able to present back-up offers, just in case the existing contract falls through due to financing concerns or other reasons.
  • Under Contract / No Showings: The property is under contract with a buyer and the seller is no longer accepting showings.
  • Sold: The property has already been sold.
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Cumulative Days on Market Explained

Cumulative Days on Market is a representation of how long with the property has been actively marketed.

The main difference between Days on Market and Cumulative Days on Market is that Cumulative Days on Market represents active marketing through not only of the property’s current listing, but through other, recent listings of the property as well. Days on Market, on the other hand, only represents the time the property has been marketed under its current listing.

Prior to the local Realtor Association using the term Cumulative Days of Market, Realtors and homebuyers in the Charlotte region would sometimes focus solely on a property’s Days on Market. The problem with Days on Market displays was that sellers could allow their property listing to expire and then re-list, and their Days on Market would go back to zero. This could make a listing that had been on the market for a long time appear to be a completely new listing.

Since the change in terminology, when a new listing is entered, the Cumulative Days on Market only resets to zero if one of the following two actions occurs:

A) The previous listing closes (i.e., is sold).

B) The previous listing is off market (expired or withdrawn) for more than 90 days.

It should also be noted that Cumulative Days on Market typically do not accrue when a property is not being actively marketed – i.e., when the seller is not accepting showings on their property.

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Recent County Property Assessments

Each county tax assessor’s office periodically assesses properties for tax collection purposes. Counties assess properties at different frequencies. For example, some counties may assess values every four years, while others may assess properties every eight years. In addition, a given property’s assessed value can change at any time – i.e., when a vacant lot is built upon or when an addition is made to an existing structure.

Also, because of the highly imperfect nature of the assessment process, assessed values are often a poor indication of market values. In other words, if a property’s list price is under or over its assessed value, this does not necessarily indicate whether or not the property represents a good value or not.

In addition, in some cases current assessment or past sales of a given home may represent vacant land, which has since been built upon. In other situations, a given parcel of land may have been combined with other parcels of land in a past sale.

Finally, because assessed values may change at any time, property buyers are encouraged to confirm assessment values with their county tax assessor before purchasing a property. Terra Vista Realty cannot guarantee public-records information displayed on our website is accurate and up-to-date in every case.

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10 Home Selling Mistakes to Avoid

  1. Overdoing home improvements. Certain home improvements are often no-brainers. For example, a fresh coat of touch-up paint and pressure-washing are low-cost ways to quickly spruce up a home. But when it comes to home improvements, don’t overdo it. Many home improvements can result in a minimal increase in home value relative to the cost involved.

  2. Not properly scrutinizing the details of a buyer’s offer. It’s important that home sellers and their agents carefully review each offer-to-purchase received. Important details such as escrow deposits, contingencies and closing timelines can vary significantly from one offer to the next. Such details need to be examined carefully, so that any changes can be negotiated before the seller signs on the bottom line.

  3. Paying too much in real estate commissions. Despite the increase in real estate values in recent years, many consumers are still paying the same percentage that they were ten or twenty years ago: that is, 5-6%. If you’re going to sell your home, we recommend that you consider paying less than this. Every thousand dollars saved through lower commissions is a thousand dollars earned.

  4. Improper pricing. Virtually all homeowners realize that their home needs to be priced right in order to sell. However, it’s easy for a person who is emotionally attached to a home to have unrealistic expectations of its value and to overprice. This can lead to a home sitting on the market longer than necessary and growing stale. Yet under-pricing a home can be a more costly mistake because it can mean leaving money on the table. Since experienced real estate agents understand the home pricing process and have access to comparable sales data, they represent a key resource to help in pricing your home.

  5. Not disclosing information to buyers. On the typical sale of a residential home, the seller agrees to disclose certain information to buyers - including any significant problems with the property. Sometimes sellers agree to disclose such information and then do not follow through and divulge all known problems with the home. Such willful omission can lead to legal problems for the seller down the road.

  6. A cluttered or dirty interior. If they want their home to look its best, most people need to remove some clutter. If you don’t have the space in your home to store extraneous items, you may want to consider renting a temporary storage bin. But don’t remove everything. You don’t want your home to look barren - you want it to look charming, yet spacious.

  7. Bad odors. Make sure your home smells good. Bad smells can be a show-stopper for many buyers.

  8. Not providing proper access to a home. If buyers and their real estate agents don’t have proper access to your home, they won’t see it and won’t make an offer. It’s important for sellers to be flexible in allowing home showings to be scheduled.

  9. Getting too involved in home showings. When buyers and their agents are looking at a home, they want to feel comfortable to check things out and discuss features without the homeowner lingering nearby. It’s usually best if the homeowner leaves the home during a showing, or at least remains inconspicuous. And if you have pets, it’s a good idea to not have them in the house during a showing.

  10. Damp basements. Damp basements cause bad smells and can be a red flag for homebuyers and inspectors. A damp basement can be an indication of a more serious problem such as a cracked foundation wall. But it can also be caused by less serious problems such as improper drainage. If you have a damp basement, you should have it properly diagnosed and remedied before listing your home.

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