$5,850,000

MLS Number: 50913

City: Valle Crucis, NC
Stories: 2
Bedrooms: 4 Baths: 4.5
Area: Boone-Blowing Rock, NC
Year Built: 1990
Plus Five fully furnished 1,400 sq. ft. Rental Cottages. Each built in 1996 on approx. 1/2 acre sites. Current cottage average annual rental income $150,000.

39.4 acres with 360 degree view of Blue Ridge Mountains.

5,200 sq. ft. main house built in 1990 on 1.24 acres.

No restrictions and no zoning offer many other options:

* Family compound
* Corporate retreat
* Religous retreat
* Horse farm / Dude ranch
* Recording studio
* Cottages can be sold separately
* Land can be further subdivided if desired

Contact Elizabeth Carter, 336.973.5594 or Greg Stikeleather, Broker, 704.880.5247 or email eacarter@charter.net

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search for : Valle Crucis, NC, Blowing Rock, NC, Blue Ridge Mountains

The nationwide boom in foreclosures and bank-owned real estate (REO) property sales to investors is producing an unpleasant and sometimes dangerous side effect: Growing numbers of confrontations occur when investors visiting supposedly empty properties find them occupied — and the inhabitants don’t want to leave or let anybody in.

That was the message at the recent REOMAC bank-owned real estate convention in Hollywood, Florida from Rafael Dagnesses, REO director for Quantum Realtors in Los Angeles. (more…)

WEST JEFFERSON NC MOUNTAIN PROPERTY

87.5 +/- Acres Available For Residential Subdivision Mountain Development, 7 miles from West Jefferson, NC

Paved Road and Bridge Built To State Specifications.

Average of $23,000 per acre.

This Property Should Retail For Approximately $50,000 to $60,000 per acre.

ALL PROPERTY HAS LONG RANGE MOUNTAIN VIEWS

Contact Greg Stikeleather, Broker, 704.880.5247

or

email Greg at grstike@charter.net

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It may not always make sense to sell your home. If that’s the case, renting it could be a good option. But understanding the rental process and using expert help will alleviate extra stress. Dr. Danielle Babb is the author of The Accidental Landlord. She shared five top tips for homeowners who are considering renting their home.

Emotionally disconnect from your home. As you can imagine, this can be a very difficult thing to do — especially if you’ve lived in the house for a long period of time and maybe your kids have grown up in it — but it’s an important step. It can cause some emotional distress and you may find yourself too attached for the new tenants liking and their privacy rights. When you make the decision to rent out your home, it needs to feel similar to how it would if you were selling it to someone else, says Babb. (more…)

Vacation property, an investment for retirement or a permanent residence, this Lake James waterfront home may be your dream property.

The beautiful water front home is located in a private community with spectacular views of the Blue Ridge Mountains. It has a double deck boat dock, an enclosed boat garage and a private ramp to launch your own watercraft. The home was built originally in 1972 and totally renovated in 2002. A four car detached garage was built in 2002.

There is a total of 264 ft. of water front. Beautiful three tier sea walls accent this elegant home. Hard wood and tile floors, modern appliances and vaulted ceilings are only a few of the amenities that capture you with this home.

Private dock permit.

List Price: $1,800,000
Flexibility: Willing to finance
Acreage: .75 acres
Type: Waterfront

Floors: 2
Bedrooms: 4
Bathrooms: 4
Sq. Footage: 3700
Garage Size: 4.0
Year Built: 1972, totally renovated in 2002
School District: Nebo

Suitable Use: Residential

Topography: Rolling
Road Frontage: Private Road
Location: Lake James, Burke County, NC

Amenities: Waterfront, Fireplace, Central AC, Alarm, Wood Floors, Gas Range, Patio, Wheelchair Accessible, Nature/Bike Paths, Boating, Controlled Access, Spa/Jacuzzi

click here for more informationLake James Burke County NC Waterfront Home

search for : Lake James waterfront home, Blue Ridge Mountains, Lake James, Burke County, NC

A recent survey released by Trulia, a real estate search engine, community forum center and reporter of market trends and data, found that a “crisis of confidence” exists among key groups of U.S. homebuyers.

Not surprisingly, much of the lack of confidence in the real estate market stems from the mortgage fallout, the instability of the real estate market, uncertainty of economic times, and the upcoming election.

According to the survey, which included about 1,500 respondents, 70 percent of non-homeowners have no plans to purchase a home in the next 12 months and nearly half in the 18 to 34 age group say the reason is because it s too costly. While those in the 35 to 44 age group are concerned that they might not be able to qualify for a home loan. The survey also found that only 12 percent of the non-homeowner respondents said they expect to buy a home in the next 12 months. (more…)

The housing bust has not ended mortgage fraud - hucksters are just finding new ways to make dishonest bucks. The number of fraudulent loans issued during the second quarter this year increased 45%, compared with the same period in 2007, according to the Mortgage Asset Research Institute (MARI), a service of LexisNexis.

The group counts as fraud any misrepresentation intended to get a better deal on a mortgage or a home sale. During the boom, that might have meant a buyer who inflated his income to qualify for a bigger loan. Some went so far as to get a fake appraisal, invent a fake buyer, and after securing a mortgage, absconding with the cash. (more…)

Laurel Springs is in the high country of beautiful Alleghany County, near the Eastern Continental Divide and between the towns of Jefferson and Sparta on Highway 18 near the Blue Ridge Parkway,

At over 3,000 feet elevation, this community is famous for it’s abundance of North Carolina Christmas Tree farms. Laurel Springs is a vacation and retirement paradise with motorcycle riding, hiking, canoeing, fishing, swimming, mountain biking, horseback riding, skiing, golf and much more.

With both the the New River and Mt. Jefferson State Parks nearby, visitors to Laurel Springs come to experience cool summer breezes, spectacular mountain scenery and outdoor recreation.

Contact Elizabeth Carter, 336.973.5594 or Greg Stikeleather, Broker, 704.880.5247 or email eacarter@charter.net

click here for more information

Outdoor living is becoming more popular as indoor living space is shrinking and becoming an extremely high-cost premium. But what gives your home a fiery spark to send buyers rushing to write an offer? Perhaps, bringing the comforts of indoor living outside may help. Outdoor fireplaces create a visual focal point and are often a quality of the home that attracts buyers. “This is a great way for people to warm up and gather around. They’re very well engineered,” says Peter Ross, CEO of Home & Hearth, Inc.

Ross is referring to pre-built outdoor fireplaces. “What you end up with is basically a hand-made stone fireplace that comes in four sections and you can set it up in your yard in your garden or on a patio,” explains Ross. They create an attractive landmark in a backyard that can easily help to influence buyers to choose your home especially in areas where being outside at night would not be an option unless an inviting fireplace could warm up guests. (more…)