The $8,000 First-Time Home Buyer Tax Credit Benefits Lake Norman Buyers & Sellers

The US economic stimulus bill is helping our Lake Norman NC residential real estate market. First-time homebuyers will be able to claim a credit worth $8,000 or 10% of the home’s value, whichever is less, on their 2008 or 2009 federal income taxes.

Tax filers will receive the credit as a refund check. If the income tax liability has been paid in full for the tax year, the credit will be for the full amount. If the tax liability has been underpaid for the tax year, the refund check will be for the credit amount minus the underpaid amount. If the tax liability has been overpaid, the refund check will be for the credit amount plus the overpaid amount.

To qualify for the credit, the first-time buyer must purchase the home between January 1, 2009 and November 30, 2009. The buyer cannot have owned a home for the past three years to qualify as a “first-time home buyer.” The buyer must also live in the house for at least three years, or they will be obligated to pay back the credit. To qualify for the credit, a single buyer must earn less than $75,000 per year while couples are limited to $150,000 earned. Higher income buyers may receive a partial credit. Those who have already completed their 2008 tax returns can file amended returns to claim the credit.

Economists for the National Association of Realtors estimate that the $8,000 credit will bring an additional 300,000 new homebuyers into our nation’s real estate market. While there are no current figures as to how many homebuyers will benefit from buying Lake Norman NC area homes for sale, that figure will no doubt increase from the stimulus bill. First-time homebuyers buy their first home while those sellers purchase their next home and so forth. That ripple effect is what the Lake Norman NC area real estate market has experienced over the past few months.

For more information on the first-time homebuyers credit or for information on buying or selling a Lake Norman NC area home, contact Bob Warchol at Coldwell Banker United, Realtors via cell, 704-881-1921, or via email, Bob.warchol@cbunited.com.

Mooresville NC Homes For Sale – Monterey Landing Neighborhood

Mooresville’s Monterey Landing neighborhood is a quiet, conveniently-located lake access community that offers its residents much in the way of community amenities. Those amenities are a community pool, tennis courts, boat storage area, gazebo, walking trails, dock and boat ramp. Of these amenities, the boat ramp is the most desirable by far.

Monterey Landing was developed mostly between 1994 and 1997. A few homes were built after that up until 2005 but they were located on spot lots. Sizes of the 2story  and ranch homes built there range from 1,850 square feet of heated living space to roughly 3,500 square feet. The larger homes were typically waterfront with finished walkout basements.

Monterey Landing marked the advent of neighborhoods with a finer presentation. Subsequent neighborhoods like Morrison Plantation and Winslow Bay have their niceties but do not have as nice a presentation as Monterey Landing. Subsequent neighborhoods like Morrison Cove and Muirfield have similar neighborhood presentations but not quite as good amenities. Hence the popularity of Monterey Landing.

At this time, there are just 3 homes for sale in Mooresville’s Monterey Landing neighborhood while 2 homes are under contract. Of the available homes, their list prices are $329,900, $425,000 and $485,000. Those under contract were listed at $274,900 and $298,475. So far in 2009, no homes have actually closed through the Carolina MLS. In 2007 and 2008, there were 4 and 3 homes that sold and closed, respectively.

Of the 3 available homes for sale, I am the listing agent for the home at 419 Catalina Drive which is priced at $329,900. This home is a 2,488 square foot 2story home built in 1994 and located on a cul de sac with a water view. Features include 4 bedrooms, 2.5 baths, a dining room, a living room, a great room and a 2 car side load garage. The home is loaded with upgrades such as granite counters, hardwood floors, whole house stereo/intercom system, crown mouldings, butler’s sink, an oversized deck and a fenced, shaded rear yard. Plus, the home is just a 3 minute walk to the community gazebo, dock and boat ramp!

Should you have any questions about my Monterey Landing 2story home for sale, call me via cell, 704-881-1921, or email me, Bob.warchol @ cbunited.com. While visiting my website, www.MyLakeNormanAgent.com, click on Bob’s Homes For Sale to the right of this blog post to view listing info on this home.

Monterey Landing is located in the highly desirable Lake Norman School District. The district schools are Mount Mourne Elementary School, Brawley Middle School and Lake Norman High School. Monterey Landing is conveniently located  near Exit 33 off Highway 77 as well as the new Exit 32 by Langtree Road. Lake Norman Regional Medical Center, Lowes Corporate Headquarters and a number of eateries, shops, restaurants and stores are located just minutes away

For more information on the Monterey Landing neighborhood and the available homes for sale there, contact me via cell, 704-881-1921, or via email, Bob.warchol @ cbunited.com. Also, let me know if you would like information on other Mooresville NC homes for sale.

Thank you.

- Bob Warchol, Coldwell Banker United, Realtors, Mooresville NC

Century 21 Hecht Realty is now part of Coldwell Banker United, Realtors

Some of you may have seen the news over the past 10 days or so. Century 21 Hecht Realty, which I have been with for the past 5 years, has merged with Coldwell Banker United, Realtors. The merger will no doubt strengthen my office’s standing in the Lake Norman area’s real estate market. While our physical location on Highway 150 in Mooresville remains unchanged, we are gaining more exposure and marketability in the area with a total of 6 Lake Norman area offices.

 

In addition to having a fabulous internet marketing presence, Coldwell Banker United, Realtors does a ton of business with relocation companies. Much more in fact than did Century 21 Hecht Realty. This upcoming increase in relocation business for my office is good for me especially since I am on the relocation team. After being part of the Coldwell Banker system for just over a week, I have already seen the benefits of their internet marketing and relocation systems.

 

Coldwell Banker United, Realtors has 80 offices nationwide with a concentration in Texas, Florida and North and South Carolina. In North and South Carolina, Coldwell Banker United, Realtors has 26 offices. Our Lake Norman locations are in Mooresville, Cornelius, Denver, Statesville and Charlotte, with 2 offices. I am very pleased to tell you that Coldwell Banker United, Realtors is the #1 ranked Coldwell Banker franchise in the US and the world and the #5 ranked overall real estate franchise in the US and the world. 

 

As for me, I am still the same Realtor with the same attitude toward helping people like you buy and sell homes. Service, communication and honesty are still the foundation of my efforts to succeed as a Realtor. In 16 years as a Realtor within the Century 21 system, I helped over 400 individuals and their families buy and sell homes. I hope to continue and to improve upon that track record with Coldwell Banker United, Realtors.

 

Should you have any questions about my real estate services or about buying or selling a home in the Lake Norman area, contact me via cell, 704-881-1921, or email, Bob.warchol @ cbunited.com.

 

I look forward to hearing from you.

 

Thank you.

 

- Bob Warchol, Coldwell Banker United, Realtors, Mooresville NC

Denver NC Homes For Sale – Waterfront Homes

This article contains information about Denver NC homes for sale and which neighborhoods have waterfront homes either for sale or recently sold. For those of you looking to buy a waterfront home in Denver NC, this may assist you in determining which neighborhoods you will likely come across in your home search.

Denver NC waterfront neighborhoods for sale & recently sold  under $600,000 - Ashley Cove, Bordeaux, Cherry Landing, Cozy Cove, Lakehaven Estates, Lakeshore, Lakewood, Love Point, Luckey Point, Nixon Heights, Nixons Lakeview Lots, Sailview, Smithstone, Stillwater, Water Oaks Park, Westport;

Denver NC waterfront neighborhoods for sale & recently sold  under $600,000 – Ashley Cove, Eastwind Cove, Gabriels Point, Governors Landing, Harbor Master, Harbor Point, King Cove, Lakewood, Lighthouse Point, Live Oaks, Luckey Creek, Norman Estates, Norman Pointe, Pebble Bay, Sailview, Shady Grove, Stillwater, Webbs Chapel Cove, West Bay, Westport;

Denver NC has a number of waterfront homes along the shores of Lake Norman that are not in formalized neighborhoods. These homes will show “none” in the subdivision category in our local Carolina Multiple Listing System computer. Of these properties, some of them are mobile homes while most are stick-built homes. All of Denver’s Lake Norman water frontage is on Denver’s eastern border. Some people may not realize too that Denver is partially located in two counties, Lincoln and Catawba.

If you have questions about any of the above price ranges, neighborhoods or other Denver NC waterfront homes for sale, contact me via cell, 704-881-1921, or email, Bwarchol @ C21hecht.com. I would appreciate hearing from you.

Thank you.                     

- Bob Warchol, Century 21 Hecht Realty, Mooresville NC

Catawba NC Homes For Sale – Waterfront Homes

This article contains information about Catawba NC homes for sale and which neighborhoods have waterfront homes either for sale or recently sold. For those of you looking to buy a waterfront home in Catawba NC, this may assist you in determining which neighborhoods you will likely come across in your home search. Remember too that Catawba has waterfrontage on Lake Norman as well as the Catawba River, which feeds the lake.

Catawba NC waterfront neighborhoods for sale & recently sold  under $600,000 - Catawba Station, Lake Norman Woods;

Catawba NC waterfront neighborhoods for sale & recently sold  under $600,000 – Astoria, Caldwell Acres, Catawba Station, Lake Norman Woods, Long Bay, Mirror Lake, Monbo Point, Seven Springs, The Summit, Summit Ridge;

Catawba NC has a number of waterfront homes along the shores of Lake Norman and the Catawba River that are not in formalized neighborhoods. These homes will show “none” in the subdivision category in our local Carolina Multiple Listing System computer. Of these properties, some of them are mobile homes while most are stick-built homes. All of Catawba’s Lake Norman and Catawba River water frontage is on Catawba’s eastern border. Some people may not realize too that Catawba encompasses the quaint, little town immediately south of Highway 40 as well as the county outskirts both above and below Highway 40.

If you have questions about any of the above price ranges, neighborhoods or other Catawba NC waterfront homes for sale, contact me via cell, 704-881-1921, or email, Bwarchol @ C21hecht.com. I would appreciate hearing from you.

Thank you.                     

- Bob Warchol, Century 21 Hecht Realty, Mooresville NC

Sherrills Ford NC Homes For Sale – Waterfront Homes

This article contains information about Sherrills Ford NC homes for sale and which neighborhoods have waterfront homes either for sale or recently sold. For those of you looking to buy a waterfront home in Sherrills Ford NC, this may assist you in determining which neighborhoods you will likely come across in your home search.

Sherrills Ford NC waterfront neighborhoods for sale & recently sold  under $600,000 – Asbury Park, Caccia Point, Colony Harbor, Cowans Point Park, Island Point, Kentwood, Lakepointe South, Land Harbor, Moonlight Bay, Mountain Creek, Pointe Norman, Shady Point Heights, Sherwood Shores;

Sherrills Ford NC waterfront neighborhoods for sale & recently sold over $600,000 – Bay Pointe, Caccia Cove, Edgewater, Island Point, Kenwood Forest, Lakepointe North, Lakepointe South, Langdon Ridge, Moonlight Bay, Mountain Creek Shores, Northview Harbour, Pointe Norman, Sherwood Shores;

Sherrills Ford NC has a number of waterfront homes along the shores of Lake Norman that are not in formalized neighborhoods. These homes will show “none” in the subdivision category in our local Carolina Multiple Listing System computer. Of these properties, some of them are mobile homes while most are stick-built homes. All of Sherrills Ford’s Lake Norman water frontage is on Sherrills Ford’s eastern, southeastern and southern borders. Some people may not realize too that Sherrills Ford is not only north of Highway 150 but it also extends below the highway and is adjacent to the town of Denver.

If you have questions about any of the above price ranges, neighborhoods or other Sherrills Ford NC waterfront homes for sale, contact me via cell, 704-881-1921, or email, Bwarchol @ C21hecht.com. I would appreciate hearing from you.

Thank you.                     

- Bob Warchol, Century 21 Hecht Realty, Mooresville NC

Troutman NC Homes For Sale – Waterfront Neighborhoods

This article contains information about TroutmanNC homes for sale and which neighborhoods have waterfront homes either for sale or recently sold. For those of you looking to buy a waterfront home in Troutman NC, this may assist you in determining which neighborhoods you will likely come across in your home search.

Troutman NC waterfront neighborhoods for sale & recently sold  under $600,000 – Allison Acres, Heronwood, Shady Cove, Tremount;

Troutman NC waterfront neighborhoods for sale & recently sold over $600,000 – Allendale Point, Allison Acres, Falls Cove, Hawkes Bay, Tremount, Wildlife Bay;

Troutman NC has a few waterfront homes along the shores of Lake Norman that are not in formalized neighborhoods. These homes will show “none” in the subdivision category in our local Carolina Multiple Listing System computer. Of these properties, some of them are mobile homes while most are stick-built homes. All of Troutman’s Lake Norman water frontage is on Troutman’s western border.

If you have questions about any of the above price ranges, neighborhoods or other Troutman NC waterfront homes for sale, contact me via cell, 704-881-1921, or email, Bwarchol @ C21hecht.com. I would appreciate hearing from you.

Thank you.                     

- Bob Warchol, Century 21 Hecht Realty, Mooresville NC

Mooresville NC Homes For Sale – Waterfront Neighborhoods

This article contains information about Mooresville NC homes for sale and which neighborhoods have waterfront homes either for sale or recently sold. For those of you looking to buy a waterfront home in Mooresville NC, this may assist you in determining which neighborhoods you will likely come across in your home search.

Mooresville NC waterfront neighborhoods for sale & recently sold  under $600,000 – Bay Crossing, Bay View Estates, Bearsfoot Bay, Brookridge Shores, Commodore Point, Crystal Bay, Davidson Pointe, Farmstead, Harbor Cove, Holiday Harbor, Lynnbrook, Mooreland Estates, Mallard Head, North Shore, Pine Isle, The Reserve, Sundown, Water Oak, Waters Edge, Wildwood Cove, Winslow Bay, Yeoman Shores

Mooresville NC waterfront neighborhoods for sale & recently sold over $600,000 – Bay Crossing, Bay View Estates, Beech Tree Bay, Bridgeport, Commodore Peninsula, The Cove at Chesapeake, Diamondhead, Donaldson Landing, The Farms, Fernbrook, Gibbs Cove, Grand Bay, Harbor Cove, The Harbour At The Pointe, Idlewood Harbor, Kings Landing, Lakeview Shores, Lynnbrook, Malibu Point, Mallard Head, Morrison Cove, Nautical Point, Northington Woods, North Shore, Pine Isle, Pinnacle Shores, Point of View, The Pointe, Queens Cove, The Reserve, Royal Pointe, Shavenders Bluff, South Point, Sundown, Surfside Estates, Templeton Bay, Waters Edge, West View, Wildwood Cove, Winslow Bay, Woodland Hills, Yacht Shores.

Mooresville NC has quite a few waterfront homes along the shores of Lake Norman that are not in formalized neighborhoods. These homes will show “none” in the subdivision category in our local Carolina Multiple Listing System computer. Of these properties, some of them are mobile homes while most are stick-built homes. All of Mooresville’s Lake Norman water frontage is on Mooresville’s western and border. And of all of the towns bordering Lake Norman, Mooresville has the most miles of shoreline.

If you have questions about any of the above price ranges, neighborhoods or other Mooresville NC waterfront homes for sale, contact me via cell, 704-881-1921, or email, Bwarchol @ C21hecht.com. I would appreciate hearing from you.

Thank you.                     

- Bob Warchol, Century 21 Hecht Realty, Mooresville NC

Catawba NC Homes For Sale – Neighborhoods Priced Between $200,000 – $400,000

This article contains information about Catawba NC homes for sale and which neighborhoods have homes priced between $200,000 and $400,000. For those of you buying a stick built, single family home in Catawba NC, in this price range, this may assist you in determining which neighborhoods you will likely come across in your home search.

Catawba NC neighborhoods for sale between $200,000 and $250,000 – Springview Acres.

Catawba NC neighborhoods for sale between $250,000 – $300,000 – Long Bay, Murrays Mill, The Summit.

Catawba NC neighborhoods for sale between $300,000 – $350,000 – Battlerun Creek, Caldwell Acres.

Catawba NC neighborhoods between $350,000 and $400,000 – Kale Corner, Murrays Mill.

If you have questions about any of the above price ranges, neighborhoods or other Catawba NC homes for sale, contact me via cell, 704-881-1921, or email, Bwarchol @ C21hecht.com. I would appreciate hearing from you.

Thank you.                     

- Bob Warchol

Maiden NC Homes For Sale – Neighborhoods Priced Between $200,000 – $400,000

This article contains information about Maiden NC homes for sale and which neighborhoods have homes priced between $200,000 and $400,000. For those of you buying a stick built, single family home in Maiden NC, in this price range, this may assist you in determining which neighborhoods you will likely come across in your home search.

Maiden NC neighborhoods for sale between $200,000 and $250,000 – Cardinal Estates, Carolina Terraces, Creekside, Eastgate, Goodsons Place, Quail Creek.

Maiden NC neighborhoods for sale between $250,000 – $300,000 – Eastgate, Glen Oaks Estates, Ivy Creek, Meadowridge Estates.

Maiden NC neighborhoods for sale between $300,000 – $350,000 – Glen Arbor.

Maiden NC neighborhoods between $350,000 and $400,000 – No specific neighborhoods.

If you have questions about any of the above price ranges, neighborhoods or other Maiden NC homes for sale, contact me via cell, 704-881-1921, or email, Bwarchol @ C21hecht.com. I would appreciate hearing from you.

Thank you.                     

- Bob Warchol