Now is not the time to sell your house to start renting in Charlotte, NC. If you can, you should reinvest the proceeds from the sale of your home in new property in the Charlotte, NC area. Now may be the best opportunity to buy the property you want for much less than it was selling for a year or two ago. Have you been eyeing a nicer neighborhood like Balantyne or Myers Park? Ever thought about moving into a bigger home? The opportunities are available for buyers outside of the city as well in places like Mint Hill, Waxhaw, Indian Trail, Concord, Cornelius, Davidson, Matthews and Pineville.
Remember, if you sell your home and don't reinvest the profits, you have missed out on an opportunity to invest in real estate that is at its lowest point in years. That's not making money, that's throwing it out the window.
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