DEAR BENNY: I am the president of a 230-unit condominium. Our board has imposed a 13 percent restriction on the number of leased units in the building; our declaration is silent on that subject, offering only a restriction on the number of times a unit can be leased in a 12-month period. The number of [...]
It sits at the intersection of Matthews Township and Northeast parkways, but Matthews Corners hasn’t cornered the market for attracting shoppers. The 167,459-square-foot shopping center is literally on the corner of the busiest section of retail in the town of Matthews.
This four-bedroom, three-bath English Tudor style home was advertised as “sitting on a hill with privacy” by listing agent Victoria Mitchener. And Mitchener said that privacy was very important to the eventual buyers.
Selling this home on Lake Norman was more about horses than humans for listing agent Debbie Monroe, a broker with Lake Norman Realty. “It was one of the rare properties on Lake Norman where you can keep your horses,” Monroe said. “It had approximately 10 acres of land total and it was on the waterfront at Lake Norman and that was a selling point for the eventual buyers.”
When Scott Russo took his buyers to see this five-bedroom, eight-bathroom home in Charlotte, he said there were a lot of things to fall in love with.
Greg Martin has an important tip for other real estate agents in the Charlotte area: Foreclosures happen on luxury homes, too.
Gay Dillashaw weathered the real estate storm well, she says, by sticking to luxury classics like this six-bedroom, seven-bathroom Georgian style home. Although it was built in 2006, the house is designed to look much older and easily blends in with the neighborhood.
Back in August, a once buoyant Chris Orr was beginning to worry about the health of the Charlotte commercial real estate market.
“The previous owner is a very talented designer and did almost everything by herself,” said Mitchener. “We focused on that uniqueness because there really aren’t any other homes in Charlotte like it. It is a very California-style floor plan and has great finishes.”
The hottest seasons for vacation home sales are spring and summer. You may now be planning such a purchase, but be aware of the challenge you may face when shopping for a mortgage loan. Many vacation-home buyers are finding tougher underwriting requirements and other obstacles when seeking a financing loan, tougher than loans to finance primary-residence homes.