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Archive for June, 2009

Easy Way to Sink a Real Estate Transaction

Posted in Finance, Real Estate, tagged , on June 30, 2009 | Leave a Comment »

It’s always exciting when a buyer and seller strike a deal.  The buyers, after lots of looking and maybe several offers on different properties, have found the property that will house their family for years to come.  Everybody’s happy.  Plans are made for the closing date, and maybe a little celebration is in order.  Here’s [...]

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Garden Bunny Patrol

Posted in gardening, Iredell County, Mooresville, Quality of Life on June 30, 2009 | Leave a Comment »

My Mooresville garden is in full swing, and the only thing I’m waiting on is my tomatoes to kick in.  Had a few salad tomatoes over the weekend, but I’m still looking for those big old slabs of tomato that make a summer sandwich so fine.  Each evening when I go down to my garden [...]

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News on Larkin Near Statesville & Troutman

Posted in Iredell County, Quality of Life, Real Estate, Statesville, Troutman, tagged , on June 29, 2009 | Leave a Comment »

At a recent meeting of Iredell County and local town planners hosted by the Charlotte Regional Realtor Association Northern Region, we heard a very good update of development that is coming our way.  David Currier of Statesville presented an update of plans for the 1,000 plus acre Larkin mixed use development planned for the area east of [...]

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Southernisms

Posted in Iredell County, Lake Norman, Quality of Life, Real Estate, tagged , on June 27, 2009 | Leave a Comment »

I was talking to one of the agents in our office the other day about how much I enjoy hearing “Yankee” voices.  I’d just finished meeting with a gentleman who was from Queens, NY, and my agent friend was from Long Island, NY.  We have lots of New York and New Jersey natives moving here.  [...]

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Home Sellers and Homeowner Warranties

Posted in General Real Estate Market, Mooresville, Real Estate, tagged , , on June 26, 2009 | Leave a Comment »

I recently listed a house in Mooresville that was built in 2001 and discussed with the sellers the value of having a homeowner warranty for them and the sellers.  They agreed that it would be a good incentive for buyers and would also lessen their worry of having a large repair expense on a house they [...]

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To FSBO or Not to FSBO

Posted in General Real Estate Market, Real Estate, tagged on June 25, 2009 | Leave a Comment »

While riding around Iredell County and the surrounding areas, I continue to see For Sale By Owner real estate signs pop up.  Seems like there may be more than we normally see in better times.  I have to wonder if the sellers think that using a Realtor is a luxury that they just can’t afford [...]

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My Brother, the History Star!

Posted in Iredell County, Rowan County, Troutman, tagged on June 23, 2009 | Leave a Comment »

The Charlotte Observer today published an article about my brother (click here), Steve Suther, who has been awarded the National Society of the Daughters of the American Revolution 2009 Outstanding Teacher of American History.  He told us about the award awhile back, and of course, we’ve been excited about it.  He’s invited us to Washington, DC to observe [...]

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Current Mortgage Rates

Posted in Finance, General Real Estate Market, tagged on June 23, 2009 | Leave a Comment »

Thought you might like to see a survey of mortgage rates that I received today from our Coldwell Banker Mortgage rep- Kim Peschock- (704) 500-9087.  Kim says that rates are staying fairly stable around the below numbers right now. Conventional Products: • 30 year Fixed Rates: around 5.375% • 15 year Fixed Rates: around 4.920% [...]

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Statesville Wins All-America City Award

Posted in Iredell County, Quality of Life, Real Estate, Statesville, tagged on June 22, 2009 | 1 Comment »

Statesville’s delegation to the National Civic League meeting in Tampa last week came back Saturday victorious on having helped the city become one of 10 All-America Cities nationwide. Other cities that were chosen for the All-American City awards this year were Phoenix; Albany; New York; Wichita, Kan.; Inglewood, Calif.; Fort Wayne, Ind.; Richmond, Ind.; and Sommerville, Mass.  I posted [...]

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Mortgage Processing Part Deux- More Appraisal Issues

Posted in Finance, General Real Estate Market, Real Estate, tagged , on June 22, 2009 | 1 Comment »

Here is a link to a recent column by National Association of Realtors Chief Economist, Lawrence Yun writing about further repercussions of the new Fannie Mae/Freddie Mac appraisal rules that went into effect May 1.  I’d mentioned last week about these rules slowing down the closing process.  Mr. Yun comments about the required use of [...]

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