Charlotte Real Estate Blog And Guide to Living in Charlotte, NC » New Communities

6003 Warwagon Drive

admin — Mon, 05 Dec 2011 15:57:23 +0000

Spacious 5 bedroom open floor plan home in Union County! Hardwood floors, huge media room w/ 92″ screen and projector. Charming front and back porches and fantastic kitchen with walk-in pantry. Excellent schools and only minutes from I485. Beautiful equestrian community also has pool, clubhouse, soccer field, work out facilities and more!

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Listing Price: 319,900
Address: 6003 Warwagon Drive
City: Indian Trail
State: NC
ZIP: 28079
Subdivision: Bonterra
Legal: #59 Bonterra Ph1 Mp6 Opch682
Builder: Bonterra Builders
Tax Value: 339,780
County: Union

MLS # (if any): 2052357
Square Feet: 4110
Bedrooms: 5
Bathrooms: 3.5
Basement (full, 1/2, finished, unfinished): no basement
None Year Built: 2005
Complete:
Tax Loc: Indian Trail
Model:
Zoning: Ae4

Approx. Acres: 0.230
Lot Description:
New Construction:
HOA Fee: $825 annually
HOA Phone: 704-544-7779
Rooms:
Style: Transitional
Exterior Const:
Driveway: concrete
Parking: 2 car garage

Aprx Lot Dim:
Primary Residence: yes
Subject to HOA: yes
HOA Mgmt: Cusik
Schools: Poplin Elementary, Porter Ridge Middle and High
Type:
Foundation: slab
Fireplace: yes
Laundry: 1st floor laundry room
Floors: hardwood, carpet, tile

8222 Victoria Lake Drive Lot #23

admin — Wed, 16 Nov 2011 18:20:20 +0000

Beautiful vacant lot in desirable gated community in Union County. Weddington schools, community water and sewer and fantastic location near I485. Lot has nice mature trees and backs up to wonderful view of community pond. Building restrictions are 3000 square feet minimum. Call today for a tour of this exquisite lot!

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Listing Price: 195,000
Address: 8222 Victoria Lake Drive
City: Waxhaw
State: NC
ZIP: 28104
Subdivision: Victoria Lake
Legal: #23 Victoria Lake Dr OPCH874-8
Builder:
Tax Value: 202,500
County: Union

MLS # (if any): 2051877
Square Feet:
Bedrooms:
Bathrooms:
Basement (full, 1/2, finished, unfinished):
None Year Built:
Complete:
Tax Loc: Union
Model:
Zoning: R40

Approx. Acres: 0.84
Lot Description:
New Construction:
HOA Fee:
HOA Phone:
Rooms:
Style:
Exterior Const:
Driveway:
Parking:

Aprx Lot Dim:
Primary Residence:
Subject to HOA: Yes
HOA Mgmt:
Schools: Weddington
Type:
Foundation:
Fireplace:
Laundry:
Floors:

Why Buying a Home is Still a Good Idea

admin — Mon, 14 Nov 2011 19:00:39 +0000

Why Buying a Home is Still a Good Idea
If you think that there is no longer any benefit to buying a home, think again. Despite the mortgage crisis and the faltering real estate market, there are still plenty of good reasons to buy a home. Even as the economy continues to flounder and unemployment rates remain unbearably high, buying a house continues to be a smart move. Learn more about why it still pays to buy a home below.

Renting is Getting Costlier

In the old days; it was easy to argue that renting was more affordable on a month-to-month basis. In other words, monthly rent payments were often drastically lower than average monthly mortgage payments. That is becoming less and less true. In fact, it’s often possible to get a mortgage with a monthly payment that is significantly lower than the payment that goes along with the typical apartment lease. Renting isn’t always cheaper, and you could save a lot of money by purchasing a home instead.

Interest Rates are at Record Lows

When it comes to buying a home, interest rates have never been lower. In recent months, they have dipped down to record lows. The overall expense of getting a home loan is, therefore, considerably lower than it used to be. The same is true about home refinancing. By refinancing right now, you could secure an exceptionally low interest rate that lowers your monthly payments by a significant margin. The real estate market may not be in great shape, but low interest rates mitigate a lot of that.

Housing Prices couldn’t be Lower

In just about every part of the country, housing prices have dropped precipitously. While that is bad news for the people who currently own those homes, it’s great news for people who are looking to purchase new homes. Prices are expected to drop a little lower too. They aren’t expected to start rising again for the foreseeable future, but that doesn’t mean that you should wait. Thanks to these low prices, you can probably afford a nicer and larger house than you could even a few years ago.

Buying a House is Still a Smart Move

Whether home values remain the same or go up, buying a house is still a very viable option. Unlike renting, you will be investing your money in something that will provide long-term benefits. That is true even if you don’t end up making a lot of money when selling the house at a later date. As a homeowner, you will be able to call all of the shots when it comes to updating and remodeling your home. There is a lot of satisfaction to be had from owning a home, and there has never been a better time to buy.

Charlotte Between the Lines

admin — Wed, 12 Nov 2008 19:41:32 +0000

Endangered Carolina Heelsplitter Back in the News

admin — Tue, 11 Nov 2008 16:54:40 +0000

The Carolina Heelsplitter (a local species of freshwater mussel) is back in the news. The Charlotte Busines Journal wrote on October 31st about the latest development and restriction news in Union County – a rural/suburban county SE of Charlotte NC.

Charlotte NC America’s #1 Place to Live

admin — Fri, 16 May 2008 16:01:06 +0000

Charlotte has been voted America’s #1 city to live in by Relocate-America.com I’ve been here since 1995, and have been visiting regularly since the early 80′s. I would never have imagined that there would be so much to do in my adopted hometown, while at the same time keeping the small town feel and relative affordability to other areas. Check out the links below and let me know what you think? Agreement/Disagreement/Comments???

Charlotte #1 Place to Live

Charlotte Dethrones Asheville

I moved here 13 years ago with no job and a couch to sleep on in my aunt & uncle’s house. Now I am raising a family and running a successful business in what is in my opinion the best city in America!

Buy low, sell high applies to real estate

admin — Fri, 28 Mar 2008 15:15:20 +0000

Many people in Charlotte and around the country are realizing that there are opportunities to be had in Real Estate. It’s funny that so many folks seem to forget the old adage buy low-sell high! It applies in stocks, real estate, or whatever. We had two of our clients (see featured article from the Charlotte Observer) who took advantage of a seller who was willing to sell the house below market value in order to get their equity out. Our clients will have to put in some cosmetic repairs and spruce the place up, but at the end of the day they were able to buy the house cheaper than most of their neighbors. With solid schools and a great location this was a great opportunity. Many people are beginning to ask themselves how long will these deals remain on the table from motivated sellers and homebuilders looking to get rid of excess inventory. Centex homes recently had a one weekend blowout event to reduce the inventory of completed homes. It worked and they have a much smaller number of available homes and their prices have been restored to the previous levels. If you didn’t buy that weekend you might have missed an opportunity. I don’t have a crystal ball – if I did I would be in Vegas knowing when to bet it all on black 17 – but I do know that the way to make money in America still involves the concept of buy low-sell high.

Can you get a deal on a home in Charlotte?

admin — Tue, 05 Feb 2008 16:27:22 +0000

Many of my clients ask me-where can I find a deal? Although the rest of the nation has seen markets decline, we have held steady on pricing. That doesn’t mean that there aren’t opportunities out there. One of the ways to get a home below market pricing is to buy a builder spec, or inventory home. These are homes that are with begun with no particular buyer in mind, or if a sale falls through the home will go back on the market. The day a home is finished the builder starts to eat away at their profit. They have speculated on a sale prior to or very soon after the homes completion, and they are motivated to get the home sold at this point in the time line. Builders will offer financing incentives, incentives for free upgrades at the design center, or just flat out discounts on the price. They will also offer bonuses to buyers brokers who bring a qualified buyer. As long as the builder doesn’t offer these "deals" on too many homes in the neighborhood, the average prices will stay up where everyone else bought and the buyer of the spec home will have effectively bought a home with instant equity.