Address: 249 Nautilus Way
Type: Residential
Style: Townhome condominium
Bedrooms: 2
Bathrooms: 2
Garage: Triple
Size: 920 sq. ft.
Year Built: 1986
Price: $169,900
Taxes: $1,512.00 Condo Fees: $375.00 (water, sewer, basic cable tv, exterior and flood insurance, grounds and pool maintenance, complex security lighting) Reserves: Well managed, stable, no increase in past three years, board members active in the Treasure Island, FL community. MLS® Number: 7511315. Bright, spacious, and immaculate 2BED/2BA/3CG condominium. Neutral colors throughout. Living/dining room features laminate flooring (2010) and vaulted ceilings. You’ll find crown molding in every room. Kitchen was remodeled (2008) with updated cabinets, appliances, countertops, and tile flooring. Spacious master bedroom has new carpet (2010)and sliding doors to the balcony as well as walk-in closet. Adjoining master bath was remodeled (2010) and designed with separate vanity area, newly tiled shower and floor. New wind resistant windows (2010). New wind and impact resistant sliding glass doors (2010). Washer and dryer are conveniently located on the main living level. Cook out on your back patio or relax at the community heated pool. Additional guest parking. The Isle of Capri, Treasure Island Florida park with playground and tennis courts are across the street. Short, five minute walk to the white sandy beaches of the Gulf of Mexico. Ten minute walk to downtown Treasure Island and also to John’s Pass with upscale shopping and restaurants. This is the perfect year round living or second home.
Heritage Estates Lot 46. 1.3 acres. 100 feet on the river. Anchored gazebo stays. Septic permit. Shared well. Graded and ready to build on. Paved road.
MLS Number: 54345
List Price: $110,000
Very nice lot on New River. Good neighborhood, paved road to lot. Over 100′ on river, has a new gazebo anchored on lot that stays. Septic permit has been pulled as per seller. Grading has been done and shared well on lot. Ready to build on.
Ashe County
Lot Size, Apx Acreage: 1.37
Type: Waterfront
Suitable Use: Residential
Topography: Level, Stream/Creek
Utilities: Total Electric
Water/Sewer: Community Water, Septic Tank
Road Frontage: Private Road, Paved Road
Miscellaneous: 1-5 Acres
The servicers that joined in HAFA or Home Affordable Foreclosure Alternatives program began other deeds-in-lieu and short sale foreclosure transactions of 2,089 in the month of March as revealed by Treasury Department data. HAFA was launched by the Treasury in April 2010 to give homeowners falling out from Home Affordable Modification Program as a different option. In about a year of operation, the participating services initiated 12,266 HAFA deals and accomplished 5,447 deals. In the month of March alone, the servicers accomplished over 1,000 transactions.
The short sales were long considered as a major problem for every entity involved in the making decisions. The Treasury devised this HAFA to give timeline and structure which is one among the first structural policies and guidelines for this process. There are a lot of private banks that built private initiatives with HAFA.
Over 1.8 million loans have perhaps failed to qualify for the HAMP trial or perhaps canceled one out of 10 biggest services due to inadequate documentation which didn’t qualify or has been redefaulted under the new policies.
About a third of these got an alternative modification and 388,000 foreclosures were started and accomplished one which made 21% of those canceled modifications as reported by Treasury data. Opposing to this, servicers placed about 120,000 of canceled or failed HAMP trials into deed-in-lieu or short sale or about 6.6%.
The executive VP of the American Home Mortgage Servicing, Jordan Dorchuck, submitted a white paper in Friday to the Treasury which made an argument for additional and more short sales as well principal reduction. “From the investor’s perspective of the MBS, their securities’ market prices already reflect major foreclosure losses. The shorts sales from mortgage loans should be reducing those anticipated losses and quickly obtain ‘finality’,” as mentioned by Dorchuck in the paper.
If you want any help in a short sale, Short sales in New Castle, you can seek help and education from me which is necessary to make educated decisions. If you would like a free PRIVATE consultation please email me at homes4keep@yahoo.com. – Pearl
The Malone Bay community features 18 lots at W. Kerr Scott Dam & Reservoir. Fourteen (14) are Lakefront and meet private dock requirements. All lots have access to public water, saving owners from $5,000 to $10,000 on drilling a well. These lots have public water and will save you the cost of drilling a well. The entire development also features underground utilities.
This is a gated community with lots ranging from 2.3+- acres to 6.8+- acres on the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697
W. Kerr Scott Lake is 1500 acres with 50 miles of shoreline and is controlled by the US Army Corps of Engineers. It is clean water with good fishing and is excellent for boating, kayaking, skiing, and swimming. The property is surrounded by National Parks. Wilkesboro is a beautiful community and town with friendly people. It is located just 40 miles east of Boone and Blowing Rock, NC and one and a half hours northwest of Charlotte.
MLS #: O56045A
List Price: $329,900
Williams Farm Rd Wilkesboro, NC 28697
APX ACREAGE: 2.44
SUITABLE USE: Residential
TOPOGRAPHY: Lake/Pond, Heavily Wooded, Exceptional View
AREA: Area 2
SUBDIVISION: Williams Farm
ELEMENTARY SCHOOL: Wilkesboro
MIDDLE SCHOOL: Cntrl Wlks
HIGH SCHOOL: Wilkes Central
LOT SIZE: 2.44 Acres
PARCEL ID: 0302666
RESTRICTIONS: Yes
OWNER NAME: Ziegler, Nanci and Brent
TERMS OF SALE: Cash, Conventional
POSSESSION: At Closing
DOCUMENTS ON FILE: Survey/Plat, Deed Restrictions
SHOWING INSTRUCTIONS: Sign, Show Anytime, Other-See Remarks
UTILITIES: Underground Utilities
WATER/SEWER: None-Water, None-Sewer
ROAD FRONTAGE: Private Road, Paved Road
MISCELLANEOUS: 1-5 Acres
REMARKS: 2.44 Acre point lot with Main Channel Lake View. 500 feet of waterfront. Private Dock Permit in Place. Community with only 17 Lots.
DIRECTIONS: Hwy 268 West 5.5 miles. Turn Right onto Williams Farm Road, Lot 16 on right just before the end of Cul-de-Sac. Sign on Lot.
MISCELLANEOUS: Association Dues are $195. per year.
The spring season has a promising 11% rise of buying in April from a low record in the month of March.
Some would be hoping that this good news would end up to an increase in home prices. HousingWire initiated the REthink Symposium and a few of the market analysts felt that prices could swell a bit due to the slow increase in demand. And if it would, this wouldn’t last long.
If the price inflation means the double dip’s end, then it’s about time to get ready for the triple dip. Moreover, prop yourself for the sector that would keep an eye for interesting scoops.
Taking into consideration that the highs and lows may last for six more years, can this be the time to create a new metaphor?
It is no longer a surprise that the only perpetual thing in housing is unpredictability.
Despite that, I had a talk last Tuesday with Ed Haldeman, Freddie Mac’s chief executive, and revealed good news regarding his lucrative quarter. He was joking that I looked hesitant to ask, as he preferred to discuss less about figures and talk more about the strategies. Let’s discuss it now. Margaret Kerins, the analyst of Royal Bank of Scotland, said the revenues of Freddie are this quarter’s spark of hope.
Freddie’s gain is in part associated with the successful REO sales made. Regardless of the Thursday news predicting that the foreclosures are in their depreciative level in 40 years, this is a trivial fact that may not remain perpetual in the real estate market.
Kerins pointed that the this quarter’s theme was that the continuation of foreclosures would cause a rise in the home inventories that GSEs possess and need to sell, thus causing the housing values to depreciate.
Honestly, it can’t be called a triple-dip if there is no significant appreciation to talk about.
However, this is pointing to an appealing activity where the sales increase, still the excess of supply prevail over the demand and the prices decrease.
“We are expecting sales to raise again as the spring selling period pursue, however it is still a concern that insufficiency of mortgage credit will limit the improvement of sales anticipated for the year 2011,” mentioned on the Morgan Stanley housing data report in March. “The home prices should continually depreciate and we imagine much bigger (annual) decreases published in the following month.”
If you want any help in a short sale, Short sales in New Castle, you can seek help and education from me which is necessary to make educated decisions. If you would like a free PRIVATE consultation please email me at homes4keep@yahoo.com. – Pearl
The House of Representatives had a bill initiated this week which necessitate the mortgage providers to address within 45 days after the receipt of the request for short sale.
Immediately, the National Association of Realtors supported the bill, introduced by Rep. Robert Andrews (D-N.J.) and Rep. Tom Rooney (R-Fla.), attesting that this would help homeowners prevent foreclosure while the realtors have been complaining about long transactions of short sales that take a whole year to accomplish.
“The present short sale process is inefficient and time-consuming, as a result many interested buyers refuse the sale that could have saved one homeowner from foreclosure,” NAR President Ron Phipps stated.
One problem with the short sale decision is that it involved too many entities. Investors, servicers, buyers, insurers, lender and sellers need to unanimously agree to proceed with the transaction or cancel it.
However, as stated on the bill, the servicer needs to notify the borrower within the deadline regardless of the request’s approval or not, changes or whether there were additional information required.
The Home Affordable Foreclosure Alternatives program launched by the Treasury Department in April 2010 offered the industry’s initial guidelines for short sales. Throughout February, the servicers began 10,488 agreements with homeowners and were able to close 4,488 short sales under the said program.
“Reforming transactions with short sales reduces the length of time used in selling the property thus enhancing the probability of having a successful deal and minimize the total number of foreclosures,” Phipps said. “This is advantageous to lenders, sellers, buyers and the whole community.”
Address: 249 Nautilus Way
Type: Residential
Style: Townhome condominium
Bedrooms: 2
Bathrooms: 2
Garage: Triple
Size: 920 sq. ft.
Year Built: 1986
Price: $173,000
Taxes: $1,512.00 Condo Fees: $375.00 (water, sewer, basic cable tv, exterior and flood insurance, grounds and pool maintenance, complex security lighting) Reserves: Well managed, stable, no increase in past three years, board members active in the Treasure Island, FL community. MLS® Number: 7511315. Bright, spacious, and immaculate 2BED/2BA/3CG condominium. Neutral colors throughout. Living/dining room features laminate flooring (2010) and vaulted ceilings. You’ll find crown molding in every room. Kitchen was remodeled (2008) with updated cabinets, appliances, countertops, and tile flooring. Spacious master bedroom has new carpet (2010)and sliding doors to the balcony as well as walk-in closet. Adjoining master bath was remodeled (2010) and designed with separate vanity area, newly tiled shower and floor. New wind resistant windows (2010). New wind and impact resistant sliding glass doors (2010). Washer and dryer are conveniently located on the main living level. Cook out on your back patio or relax at the community heated pool. Additional guest parking. The Isle of Capri, Treasure Island Florida park with playground and tennis courts are across the street. Short, five minute walk to the white sandy beaches of the Gulf of Mexico. Ten minute walk to downtown Treasure Island and also to John’s Pass with upscale shopping and restaurants. This is the perfect year round living or second home.
Heritage Estates Lot 46. 1.3 acres. 100 feet on the river. Anchored gazebo stays. Septic permit. Shared well. Graded and ready to build on. Paved road.
MLS Number: 54345
List Price: $110,000
Very nice lot on New River. Good neighborhood, paved road to lot. Over 100′ on river, has a new gazebo anchored on lot that stays. Septic permit has been pulled as per seller. Grading has been done and shared well on lot. Ready to build on.
Ashe County
Lot Size, Apx Acreage: 1.37
Type: Waterfront
Suitable Use: Residential
Topography: Level, Stream/Creek
Utilities: Total Electric
Water/Sewer: Community Water, Septic Tank
Road Frontage: Private Road, Paved Road
Miscellaneous: 1-5 Acres
