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Schools Explained

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.

Listing Status Explained

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.
Cumulative Days on Market Explained

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.

Recent County Property Assessments

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. View Carolina Homes cannot guarantee public-records information displayed on our website is accurate and up-to-date in every case.



Get 1.5% back at closing! Skilled Agents

1.5% Rebates
for Buyers

Home Buyer Rebates - Charlotte, NC Area

Are you looking for an experienced real estate agent to assist you in your next home purchase? How would you like it if your Realtor could save you thousands of dollars when you buy your next home?

Terra Vista Realty offers rebates of up to 1.5% of a home's purchase price and can assist you in purchasing your next home. Our Realtors can help with such tasks as:

  • Showing you homes that meet your buying criteria
  • Aiding you in determining market values for homes and neighborhoods that may interest you
  • Assisting you in formulating offers on homes
  • Negotiating on your behalf with listing agents and/or sellers
  • Helping you with inspections, appraisals and other closing-related tasks

In building relationships with our clients, we strive to work as true client advocates rather than just as salespeople. If you choose to work with us, we think you'll find that real estate agents can indeed be partners who look out for their clients' best interests.

1.5% Buyer Rebates

As you may know, buyers' agents are typically not paid by the buyer for helping them purchase a home. Instead they are paid a commission by the seller. As buyers' agents we typically will share 50% of this commission to our buyer-clients - a move which is unusual among real estate agents. So for example, if the commission is 3% on the home you buy through us, we can offer a 1.5% rebate to you at closing.

In order to qualify for the full rebate the home you buy should be priced at $200,000 or greater. If the property you purchase is priced at less than $200,000, then we can still offer a rebate, but it would be less than 1.5% of the purchase price. To learn more about our home buyer rebate program, please call us at 704-780-1448.

Remember: despite the drop in the real estate market, homes still cost a lot of money. We can help you keep more of that money in your bank account. Whether you're looking in Charlotte, Fort Mill, Waxhaw, Rock Hill, SC- or other towns in the greater Charlotte metro area - we invite you to give us a call. We can also assist in homebuyers looking in Lake Norman area towns such as Mooresville, Davidson, Cornelius, Huntersville, Concord, and Denver, NC.

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