I’m working with a young couple who are first time homebuyers. They will be eligible to get the $8,000 tax credit after they close on their home. Since they’ve already filed their taxes for 2008 income, they’ll just file an amended return after they close on their purchase to get that process going. This is [...]
Archive for March, 2009
Getting That $8,000 First Time Homebuyer Tax Credit
Posted in Finance, General Real Estate Market, tagged Home Buyers, Home Sellers, IRS, tax credit on March 31, 2009 | Leave a Comment »
Going Through the Change
Posted in Real Estate on March 31, 2009 | Leave a Comment »
No, not THAT change! I’m just in the process of changing all of my professional references from Century 21 Hecht Realty to Coldwell Banker United, Realtors after C21 Hecht merged with CB United. For a little while, it will be a bit confusing since there will be references to both, but in time I’ll get [...]
Langtree at the Lake Bonds= New Jobs
Posted in Iredell County, Lake Norman, Real Estate, tagged bonds, infrastructure, Langtree at the Lake on March 30, 2009 | Leave a Comment »
The Town of Mooresville has approved the use of a new (at least to NC) type of revenue bond to be used for building infrastructure at the $800 million Langtree at the Lake project. This will create a “special assessment improvement district” to repay about $46million in revenue bonds supported by the town for the [...]
From Gold to Blue
Posted in Iredell County, Lake Norman, Real Estate, tagged brand loyalty, office culture on March 27, 2009 | Leave a Comment »
It’s been a bit crazy around the office for the last couple of days. We went to a company meeting yesterday morning and found out that Century 21 Hecht Realty, after selling real estate around Lake Norman since the early seventies, is merging with Coldwell Banker United. That was quite a shock to all of [...]
Grow or Die?
Posted in Iredell County, Lake Norman, Quality of Life, Real Estate, tagged economy, population growth on March 25, 2009 | Leave a Comment »
I’ve been watching the news over the last few days, and the people who track real estate sales are saying that there is some evidence that we may have hit the bottom of the real estate slump and are slowly heading in an up direction. Sales of new homes and previously owned homes are up [...]
Working Our Way Out of a Hole
Posted in Finance, General Real Estate Market, tagged home sales, stock market on March 23, 2009 | Leave a Comment »
Well, the stock market just closed with a 497 point rise in the Dow after the Feds announced their plan to get the banks back in order and working to re-build our economy. It didn’t hurt also that the National Association of Realtors announced a good increase in sales of existing homes in February compared [...]
Shopping Mortgage Lenders II
Posted in Finance, Real Estate, tagged mortgage costs, mortgage rates, mortgages on March 21, 2009 | Leave a Comment »
I wrote on Friday about working with a client couple who were in the middle of finding a home and looking for a lender. Well, the results are in! We agreed on a contract Friday afternoon, and by Friday evening, my clients had talked again with the two lenders who had offered the best rate [...]
Shopping Mortgage Lenders
Posted in Finance, Real Estate, tagged lenders, mortgages on March 20, 2009 | Leave a Comment »
I’ve been working with some clients over the last several weeks on finding a home to replace the one I helped them sell recently. We’ve spent considerable time working with multiple lenders to find the one they like best based on the calculated payment and (very importantly) the closing costs. The lender doesn’t have control of lots [...]
Iredell-Statesville Schools- Great Performance Improvements
Posted in Iredell County, Quality of Life, tagged Iredell-Statesville Schools, school performance on March 18, 2009 | Leave a Comment »
I went to a meeting today with Iredell County Realtors who hosted Dr. Terry Holliday, Superintendent of the Iredell-Statesville Schools. Dr. Holliday took this time to explain some of the advances that the ISS have made since 2002. He gave us a spreadsheet of performance comparisons showing measures in 2002 compared to 2008. The results [...]
Statesville Plans Southern Entrance Improvements
Posted in Iredell County, Quality of Life, Statesville, tagged rezoning on March 17, 2009 | Leave a Comment »
When I was growing up in Troutman, we would “go to town” on Saturdays to shop for clothes and things that were not available in the town of Troutman. For us and most Troutman residents, going to town meant going to Statesville. Statesville is closer to Troutman than Mooresville and had more stores, so that [...]
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