The first-time homebuyer tax credit of up to $8,000 was part of this year’s stimulus package. Time to qualify for the credit is running out.

Specifically, unless Congress extends the deadline, you must complete the purchase of the home by November 30th. That may sound like a good ways off. But when you consider that it can easily take two months to get through the entire home-buying process — find a house, make an accepted offer, pull together the money and documentation you’ll need for a mortgage, appraisal, title insurance and closing — anyone who hasn’t already begun will have to move quickly to squeeze under the November 30th wire. (more…)

Contact Elizabeth Carter, 336.973.5594 or Greg Stikeleather, Broker, 704.880.5247 or email eacarter@charter.net

click here for more information

A recent National Association of Home Builders’ Remodelers survey found that consumers are becoming increasingly aware of aging-in-place options. Seventy-four percent of remodelers said they had seen an increase in requests for these types of features.

And inquiries are not just for the aging, as an increasing number of baby boomers also are becoming parental caretakers who need remodeling ideas. Those particular needs may include turning an unfinished basement into an efficiency apartment or enlarging an existing bedroom and making it handicap accessible.

“Families are beginning to cluster back,” says Deana Woodruff, age 48. “It’s a good solution for a lot of families, but when you do that, there are certain things you need to do.” Woodruff isn’t new to the remodeling business. For the last nine years, she has owned and operated with her husband, Kelley, Woodruff Construction, a residential and light commercial construction and remodeling company. (more…)

Lot #17 – Driveway and house site cleared. Open to offers. A unique, large acreage waterfront lot near a great full service town.

The Malone Bay community features 18 lots at W. Kerr Scott Dam & Reservoir. Fourteen (14) are Lakefront and meet private dock requirements. All lots have access to public water, saving owners from $5,000 to $10,000 on drilling a well. These lots have public water and will save you the cost of drilling a well. The entire development also features underground utilities.

This is a gated community with lots ranging from 2.3+- acres to 6.8+- acres on the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697

W. Kerr Scott Lake is 1500 acres with 50 miles of shoreline and is controlled by the US Army Corps of Engineers. It is clean water with good fishing and is excellent for boating, kayaking, skiing, and swimming. The property is surrounded by National Parks. Wilkesboro is a beautiful community and town with friendly people. It is located just 40 miles east of Boone and Blowing Rock, NC and one and a half hours northwest of Charlotte.

Main Channel Views.
Private dock.

3.87 acres.

MLS Number: 52139
List Price: $242,500
Lot Size: 3.87 ac.
Apx Acreage: 3.87
Type: Waterfront
Area: Area 2
Suitable Use: Residential

Topography: Rolling
Utilities: Underground Utilities
Road Frontage: Private Road
Restrictions: yes
Water/Sewer: Public Water
Location: Malone Way

click here for more information

With commercial real estate values and rent rolls on the decline in many markets, investors looking to refinance — or buy new properties — now face a much tougher environment than they have in years.

Lenders have tightened down hard on underwriting standards. They want to see everything from years of income tax returns to details on investors’ personal debts. And they often won’t lend more than 60 to 70 percent of a property’s value – if they lend at all. But smart investors are beginning to check out a financing source they rarely, if ever, considered in the past: Small Business Administration loans.

Compared with bank loans, SBA financing often offers higher loan-to value ratios or LTVs, plus lower rate structures. And they’re not just for acquisitions. They can be used for refinancings as well. “A whole lot more (income property owners) are eligible than they might think,” says Kevin Stone, CEO of New York City-based Kevin Stone International, commercial real estate mortgage brokers. (more…)

Lot #17 – Driveway and house site cleared. Open to offers. A unique, large acreage waterfront lot near a great full service town.

The Malone Bay community features 18 lots at W. Kerr Scott Dam & Reservoir. Fourteen (14) are Lakefront and meet private dock requirements. All lots have access to public water, saving owners from $5,000 to $10,000 on drilling a well. These lots have public water and will save you the cost of drilling a well. The entire development also features underground utilities.

This is a gated community with lots ranging from 2.3+- acres to 6.8+- acres on the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697

W. Kerr Scott Lake is 1500 acres with 50 miles of shoreline and is controlled by the US Army Corps of Engineers. It is clean water with good fishing and is excellent for boating, kayaking, skiing, and swimming. The property is surrounded by National Parks. Wilkesboro is a beautiful community and town with friendly people. It is located just 40 miles east of Boone and Blowing Rock, NC and one and a half hours northwest of Charlotte.

Main Channel Views.
Private dock.

3.87 acres.

MLS Number: 52139
List Price: $242,500
Lot Size: 3.87 ac.
Apx Acreage: 3.87
Type: Waterfront
Area: Area 2
Suitable Use: Residential

Topography: Rolling
Utilities: Underground Utilities
Road Frontage: Private Road
Restrictions: yes
Water/Sewer: Public Water
Location: Malone Way

click here for more information