A new Homeowner's Bill of Rights, SB 321, aims to eliminate the runaround some homeowners got from banks by requiring lenders to assign homeowners a single person to contact. It bans dual-tracking, in which a bank pursues a foreclosure at the same time a homeowner is working on a short sale. And it eliminates "arm's length" rules, in which banks barred people from buying distressed properties from their relatives or other close associates.Read More »
A federal agency said Thursday it will stay out of the fight between Charlotte and North Carolina lawmakers for control of the nation's sixth busiest airport until legal issues are resolved in court. In a letter to the city, the Federal Aviation Administration said "who governs an airport is a local decision." But the agency has to ensure that airports "remain safe and financially self-sustaining."Read More »
Jim Lane is a man on a mission. The Huntersville resident wants to reform and improve homeowners associations, which he believes have run amok and are “too controlling of residents’ lives.” Lane said he’s petitioning all Charlotte area HOAs and homeowners to join his new organization, "Greater Charlotte Alliance of Homeowners Associations." Homeowners in disputes with their HOAs will get some relief from two laws passed by the N.C. General Assembly during this year’s session, one of which takes effect Oct. 1.
Tagged with: Alliance of Brunswick County Property Owners Bill Bittenberger Gilead Ridge Greater Charlotte Alliance of Homowners Associations HOA foreclosures Home Owners Association of North Carolina Horack Talley Jim Lane Jim Laumann Mike Hunter N.C. General Assembly Rep. Rodney MooreRead More »
A new report from a North Carolina nonprofit finds that campaign finance contributions by political action committees to statewide campaigns grew by 9.7% between 2010 and 2012.Read More »
City-County Planning Manager Katrina J. Young – a familiar name, face and voice on the phone to many builders, developers and land-use agents – was transferred this week from her top zoning administration position.Read More »
Three of them have extensive experience in development and construction, and the fourth is, as you will read, a lawyer who sounds as if she knows what she’s talking about, real-estate-wise. They are the candidates for the District 6 Charlotte City Council seat held by Andy Dulin, a Realtor for Cottingham Chalk Hayes who is walking away from the Charlotte Mecklenburg Government Center dais after four terms.Read More »
The development, construction and real estate industry had its share of the action during the 2013 legislative session, which ended last week. Here’s a quick rundown of what happened with bills introduced during the long session.Read More »