Things to know if you are facing a short sale or foreclosure
In this real estate market with declining prices, short sales have become a common vehicle for sellers who are “underwater” on their mortgage. In the event your lender agrees to allow a short sale of your home, there are things you need to know to protect yourself. If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, …
Short Sale – An Alternative to Foreclosure
In these uncertain economic times, many Americans are living from paycheck to paycheck, often extending themselves even further through credit card debt. For owners who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One option is a real estate short sale. To help understand how a short sale differs from a …
Trillium, A Private Community in Cashiers North Carolina
Cashiers North Carolina offers many different options for private community living, one of which is Trillium. Trillium is so much more than a golf course community, offering a lifestyle and amenities that span a multitude of ages and interests. Trillium is located on Lake Glenville and offers everything from an 18 hole championship golf course (designed by Morris Hatalsky), boat …
Lake Glenville Offers a Welcome Respite in Western North Carolina
Lake Glenville is an ideal spot for those who love the mountains and the water. The lake is the highest man-made lake east of the Mississippi River and offers ample fishing and boating opportunities. Glenville, the town of the same name, is a beautiful community, offering all of the peace and splendor of its environment and the charm and history …
The Media Room
The concept of a “media room,” as a space specifically devoted to home theater and audio systems, is more popular than ever. New home designers and builders, responding to the demand of their buyers, have incorporated media rooms into the floor plans of many new homes, all along the price spectrum. Such rooms are designed for comfortable television and …
Prefinishes: The ‘No-Name’ Construction Phase
After the structural framing stage and the installation of the preliminary — or “rough” — plumbing, electrical, and heating and cooling components are complete, there is a no-name phase of construction we’ll call the “prefinishes.” The reason this stage of the process has no common name is because several different activities — by several different trades — occur during this …
The 441 Corridor Plan to be Carefully put into action
On July 6th the Jackson County Board of Commissioners held its final public hearing relating to the U.S. 441 “Gateway” Corridor ordinance. The proposed ordinance concerns the plan for new developments on the five-lane corridor that serves as an entrance to the Great Smoky Mountains National Park and Cherokee; with this area still quite rural, the addition of water and sewer …
Be aware of closing costs when buying property in North Carolina
Closing costs are simply the fees associated with 1) purchasing a home, 2) borrowing money, and 3) preparing paperwork to finalize the sale. Your total closing costs will vary depending on where your new home is located, what type of property you are buying, the price of your home and the complexity of the transaction. It is extremely important that …
First section of Jackson County NC’s “Greenway” will begin Construction next Month
For a determined group of Jackson County NC residents, a dream will finally be coming to fruition. Since 2000, when the Greenway Commission was formed, its committee members have dreamed of making a ‘greenway,’ or path that would span from one end of the county to the other; this path would go from Cashiers to Whittier and would pass through …