Lake Norman and Mooresville North Carolina Real Estate Tips

Q&A Series on Condos & Townhomes - Part 3

2010-02-18T20:36:00Z

As we continue to look at questions home buyers may have about owning a condo or town home in the Mooresville / Lake Norman NC area our best advice as Buyers Agents would be for a home buyer to take their lifestyle into account when trying to decide on purchasing a condo or town home vs a single family home. Home ownership is a lot like marriage...you may love your spouse but can't stand the extended family. In the case of home ownership[ you are not only married to your home but to the neighborhood...(read more)

Condos & Townhomes in Mooresville North Carolina - Information You Need

2010-02-05T18:39:00Z

As townhome & condo communities become more & more popular with home buyers in the Mooresville/ Lake Norman North Carolina region we frequently receive questions from buyers about the style of living & the difference between single family home communities & condo complexes. This series will attempt to provide answers to all of these questions in this upcoming series. What is a Declaration of Restrictive Covenants or Declaration of Condominiums? Unit ownership in both types of properties...(read more)

January 2010 Market Report for Home Sales in Mooresville, North Carolina

2010-02-02T19:47:00Z

Mooresville NC Real Estate There was a total of 46 closed sales in Mooresville from January 1 thru January 31, 2010 compared to 28 properties for the same time period in 2009. The average sales price for January1 thru January 31, 2010 was $456,280. the average sale price figure for January was influenced & reflective of 3 homes priced priced over 1.5 million dollars! Without these homes included the average sale price was $350,323 which is definitely a more accurate picture of the market in Mooresville,...(read more)

Condo & Townhouse Q&A Series for Mooresville NC Real Estate

2009-12-18T20:08:00Z

In years gone by, the typical homeowner purchased a single family home with a yard. Today, because of changes in lifestyles & the increase in prices in single family homes, many buyers may prefer not to own a traditional single family home. In response to the needs of these buyers, alternative forms of home ownership have evolved. Among the choices now available to home buyers are multifamily housing complexes containing townhouses & condominiums ( or condos). This Q& A series will focus...(read more)

Mooresville North Carolina Subdivisions - Frequently Asked Questions Series By Denyse Naylor Mooresville NC Realtor

2009-12-03T18:08:00Z

The final topic of discussion in the Mooresville North Carolina Subdivision series will talk about the Common Areas in Subdivisions and what a homeowner needs to know about Common Areas. Who owns the roads in a residential subdivision or a planned community? Unless the roads have been dedicated to use by the public and formally accepted by the appropriate government agency, neither the state nor any public agency owns legal title to the land over which a street runs. In cases where the developer...(read more)

Mooresville NC Real Estate Tips- Q&A on Lake Norman NC Subdivisions

2009-11-21T17:21:00Z

Wrapping up the last two frequently asked questions on the topic of Property Restrictions in North Carolina subdivisions we'll conclude this portion of the series before we move on to some other topics governed by homewoners associations in North Carolina communities. As an owner, what can I do if the association is not performing as intended by the covenants or if another homeowner is violating the covenants? You have the right to sue both the association or the offending homeowner in court...(read more)

Q&A Series- Mooresville & lake Norman NC Subdivisions

2009-11-17T16:41:00Z

Continuing with our discussion on frequently asked questions about purchasing property in the Mooresville and Lake Norman area of North Carolina we'll answer a few more questions on the topic of property restrictions. Do my constitutional rights to freedom of speech, freedom of religion and the enjoyment of my property prevail over the restrictive covenants or the powers of the Homeowners Association? Not in all cases. If a buyer purchases a property in a subdivision subject to covenants and...(read more)

Lake Norman & Mooresville Subdivision Series- Part 5

2009-11-09T17:56:00Z

Understanding how the restrictive covenants of a neighborhood work is fundamental to enjoying your new home. After all, it's kind of like a marriage, you are married to one person ( your home) but have an extended family ( your subdivision) that's part of the package. And, while you may have a great marriage but can barely tolerate your in-laws on holiday get togethers, your extended family of the subdivision will be in your life every day! So, ask as many questions as you can think of before...(read more)

Mooresville North Carolina Real Estate Report From Denyse Naylor Mooresville NC Realtor - October 2009

2009-11-04T19:58:00Z

Take a look at these numbers...things may be looking up for the Mooresville NC real estate market Number of Homes Sold from October 1, 2009 to October 31, 2009 in Mooresville : 86 Properties Average Sale Price: $349,309 Average Days on Market : 163 Current Number of Mooresville Homes For Sale: 931 Mooresville NC Real Estate There was a total of 86 closed sales in Mooresville from October 1 thru October 31, 2009 compared to 51 properties for the same time period in 2008. The average sales price for...(read more)

Mooresville & Lake Norman Subdivision Q & A Series - Part 4

2009-11-02T20:43:00Z

Continuing with our series on Mooresville and Lake Norman North Carolina subdivisions today we'll discuss the role of local governments in an HOA and the roles of the officers of the HOA . What role does the local government play in HOA administration? As a general rule, planned communities and residential subdivisions must be approved by the local government zoning authority. The approval will be either city or county granted depending on the location of the property. When an approval for a...(read more)

Rent/Lease Reduced on 318 Rinehardt Rd in Mooresville

2009-10-30T18:13:00Z

Mooresville, Iredell County - Announcing a rent/lease reduction on 318 Rinehardt Rd, a 1,045 sq. ft., 2 bath, 2 bdrm single story. Now MLS® $850 USD Monthly - Great Home!.

Property information

Mooresville & Lake Norman NC Subdvision Q&A Series Part 3 - What You Need To Know About Homeowners Associations

2009-10-30T17:25:00Z

What is a subdivision developer's role in a mandatory association and does the developer pay dues, charges and assessments? In North Carolina the law states that the developer of any real estate project is the owner of all unsold lots or units in the project. The developer controls the votes & therefore the association itself as long as the developer owns the majority of the properties. That gives the developer or their successors the right to amend the covenants and restrictions as long...(read more)

Mooresville & Lake Norman NC Subdivision & Planned Community Series Part 2-What You Need to Know About Homeowners Associations

2009-10-26T17:22:00Z

Following up with part 2 on the Q&A series on Subdivisions and Planned Communities in the Mooresville and Lake Norman North Carolina area, we pick up the discussion with 2 more frequently asked questions put forth by potential home buyers in a community governed by a Homeowners Association. Do I have to join the association? Membership in the homeowners association will depend on whether the association is voluntary or mandatory. If the covenants and restrictions are recorded in a property's...(read more)

Residential Subdivisions and Planned Communities in the Mooresville and Lake Norman North Carolina-First in a Q&A Series

2009-10-23T16:19:00Z

Because many people moving from other areas of the country do not have the abundance of planned communities and subdivisions that we have here in the Lake Norman and Mooresville NC area we are taking the opportunity to begin a series on subdivisions so that home buyers can explore the choice or "subdivision living or not?". As this area of North Carolina becomes increasingly more urban many transplants are purchasing homes in subdivisions that are usually governed bu a Homeowners Association....(read more)

Tips For Mooresville North Carolina Homebuyers- You Can't Afford Not To buy A Home

2009-10-21T16:45:00Z

Thinking that you can't afford to buy a home? Unsure about becoming a new homeowner in this economy? Think Again! The truth is you can't afford NOT to buy a home in the Mooresville and lake Norman North Carolina area. There are some really great deals out there right now! A buyer has a plethora of homes to choose from including pre-foreclosure, foreclosures, short sales and homes that are just priced well by motivated sellers in the Mooresville and Lake Norman NC area. And, remember, not...(read more)