Charlotte, NC real estate: buy or sell with a local AXEN agent
Charlotte has Uptown high-rises, older tree-lined neighborhoods near the center and newer suburbs on every side. North Carolina's due diligence fee and attorney closings change how buying works. An AXEN agent who works here walks you through them.
Buying a home in Charlotte: what to know
The steps are the same everywhere. These are the North Carolina and Charlotte details that trip people up.
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Understand the due diligence fee. In North Carolina you usually pay the seller a due diligence fee for time to inspect and decide. You can walk away during that time, but the seller keeps the fee.
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Plan for an attorney closing. A North Carolina attorney handles the closing and the title work. Pick one early.
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Read both disclosures. Sellers give a Residential Property and Owners' Association Disclosure Statement and a Mineral and Oil and Gas Rights Disclosure. Read both before your due diligence period ends.
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Buying a condo or townhome? Ask for the HOA budget, rules and any special assessments before your due diligence ends.
Selling a home in Charlotte
Fill out the disclosures
North Carolina sellers give the Residential Property and Owners' Association Disclosure Statement and the Mineral and Oil and Gas Rights Disclosure.
Know your closing costs
North Carolina charges an excise tax on the deed of $1 per $500 of price. The seller usually pays it.
Price for due diligence
Buyers can walk away during due diligence. A pre-listing inspection and fixed small items keep them in the deal.
Charlotte real estate questions
What is a due diligence fee in North Carolina?
It is money the buyer pays the seller for time to inspect and decide. If the buyer walks away during the due diligence period, the seller usually keeps it. At closing it is credited to the buyer.
Do I need an attorney to buy a house in North Carolina?
Yes. In North Carolina a licensed attorney handles the closing and the title work.
What is the transfer tax in North Carolina?
North Carolina charges an excise tax of $1 per $500 of the sale price when the deed is recorded. The seller usually pays it.
Does it cost anything to talk to an AXEN agent in Charlotte?
No. Talking with an AXEN agent about buying or selling in Charlotte is free.
Buying or selling in Charlotte? Talk to a local agent.
An AXEN agent who works in Charlotte answers your questions for free. No cost to talk. No pressure to sign anything.