In June, a new state law went into effect to stop unlicensed contractors from skirting the system. The goal is to crack down on contractors who solicit a property owner to apply for a permit for work they will do for the owner. “The purpose of the legislation is to close the loophole,” said Mike [...]
With all of the controversy over union labor and the 2012 Democratic National Convention, a group is offering free legal aid for nonunion workers who are forced from jobs during the convention next fall. The Springfield, Va.-based National Right to Work Legal Defense Foundation is behind the legal assistance project. According to a press release [...]
NEW YORK — The federal government sued one of the nation’s largest privately held mortgage brokers this month, saying its decade-long fraudulent lending practices cost the government hundreds of millions of dollars and forced thousands of American homeowners to lose their homes. The lawsuit in U.S. District Court in Manhattan sought unspecified damages and civil [...]
A Gaston County Realtor was scheduled to have her broker’s license suspended for 12 months, but instead she’s been put on probation for 12 months. On Nov. 1, the North Carolina Real Estate Commission issued a stay of the suspension for Kaye Waller of CLC Realty. A routine audit of Waller’s trust account records found [...]
Investors can find some pretty good deals in Mecklenburg County, and they don’t have to buy one of the many foreclosures sitting on the market. Eye-popping purchases — like a $555,500 property that sold earlier this year for a mere $450 — can often be found at sheriff’s auctions. And so far, only a select [...]
Roger Dean Bailey, 38, of Hickory, pleaded guilty Sunday to conspiring to defraud buyers of manufactured housing and the mortgage lenders used for their financing. Prosecutors say Bailey, a former manufactured-housing sales manager, was charged with one count of conspiracy to commit wire fraud and making false statements to the U.S. Department of Housing and [...]
Huntersville’s Town Board voted last week to move forward in securing a $6 million loan to purchase a foreclosed building in a mixed-used development to serve as a new police station. Commissioner Ron Julian said the town will purchase the 27,000-square-foot building in The Park for $4.2 million. The town is expected to spend at least $500,000 renovating [...]
A federal court judge ruled this week in favor of a couple that sought to get back their deposit for a condo they initially wanted to buy at The Vue in Charlotte. A judge for the Western District of U.S. District Court agreed that Lawrence and Ke Ding Berkovich should be given back their $145,485 [...]
It was August, and Crest Properties had just bought a 3,100-square-foot house at 1614 Meadowlark Landing Drive in the Lawing Pond neighborhood in Charlotte. The subsidiary of Indianapolis-based Timberstone Homes had planned to renovate, and then sell, the 4-year-old home. With the home-construction industry suffering, Crest has been buying up unsold homes of other builders [...]
A renovation project for the Gaston County town of Dallas’ courthouse is up for grabs. No contractors have been named yet, but about $92,000 from the town’s 2011-12 budget has been earmarked for the project. Town Manager Ed Munn said $80,000 of the renovation money is dedicated to the first phase, expected to last four [...]