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Author Archives: Graziella Steele

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Six speculators settle with the U.S. government over mortgage fraud claims (access required)

Six men have agreed to pay civil penalties to the federal government in order to settle claims they allegedly engaged in mortgage fraud to obtain loans, according to the U. S. Attorney’s Office in the Western District of North Carolina.

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Housing reports depict a mixed bag for Charlotte real estate (access required)

Sales of Charlotte metro residential properties were up 4 percent from July to August and 18 percent year- over- year, according to a report by the real estate information company RealtyTrac, but the median price for non-distressed properties decreased 1 percent in the same July to August period to $168,000 from $170,000.

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Setting the stage for a sale (access required)

Setting the stage for a sale <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Call it the HGTV effect. Home buyers have high expectations when it comes to a new home. You have to grab them in the first seven to 10 seconds or they move on.

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One Charlotte Realtor loses license; another surrenders his (access required)

A Charlotte-area realtor has lost her license but has managed to keep her business after fully refunding the company’s trust fund. Julie Edwards Van Slambrook, the broker-in-charge and co-owner of First Properties of the Carolinas, was stripped of her real estate license in March after it was learned that she embezzled nearly $100,000 of client funds held in trust.

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Residential rental ordinance scrapped in Pineville (access required)

Rental property owners in Pineville will not be required to provide their contact information to the town. Ed Humphries, Pineville’s interim administrator, said that the town council decided to scrap the requirement during its meeting Sept. 10 and that the proposal will not come back.

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