Welcome to Condo CanDo®

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www.condocando.com

Lynnsy Logue, The Real Estate Lady®, Broker in Charge

Experience, Education, Enlightenment

Just When Charlotte Needs A Super Hero!

Condo CanDo®

The

Real Estate Lady®

First, We Listen

At Home Charlotte

Since 1989

GotAlotta Charlotte!

Historic and 'hoods

The Real Estate Lady® and Condo CanDo® are Registered Servicemarks

My Concerns

Beginnings are difficult for some and history repeats that lesson for us.

Much happened last year, personally, and in the Charlotte market, and the national scene and then to a global perspective, it is difficult to know where to start. My beginning points as a real estate broker start with either a buyer or a seller and sometimes both.My job looks at all the visible cards on the table,  interprets a client's goal and starts creating a plan. The plan begins with an overview and sifts both downward, eliminating obvious problems and hurdles, and builds upwards, on history, research and investigation.

I am concerned about our Charlotte condominium market right now in the summer of 2011 and I am even more concerned about how today will translate in the future. Why should I even care? My job, you might think, is to market property for sellers, find their buyer and for the buyer client, find the property suitable for their plans, their budget, and their life.

I may be talking myself right out of business. Maybe not.

The watchwords for both buyers and sellers will be more caution, and more in-depth investigation. As a seller, looking at numbers becomes a job, more than the cursory obligation of paying the HOA, watching for short sales, monitoring a foreclosure process, and being watchful of late or non-paying residents, aware of vacant property and rental property, all become key points

in protecting your investment.

As a buyer, you look at the same elements plus the overall condition of the property, the maintenance records, the financial statements, and the mortgage viability. Will you be able to secure a mortgage on the property, not because

of your credit but the worthiness of the complex?

What happens today in this market complex by complex

sets the stage for years to come. Caution.