This one-of-a-kind lakefront lot is truly unique within the Malone Bay community. It is one of the most desirable, if not the most desirable lot among the few remaining properties with waterfront access to W. Kerr Scott Lake.

Malone Bay features 18 lots at W. Kerr Scott Dam & Reservoir. 14 are Lakefront and meet private dock requirements. 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

Main Channel Views.
300 feet of waterfront.
Dock with boat slip and 2 jet ski slips.

2.86 acres.

MLS Number: 51155
List Price: $359,000
Lot Size: 2.86 ac.
Apx Acreage: 2.86
Type: Waterfront
Area: Area 2
Suitable Use: Residential

Topography: Rolling
Utilities: Underground Utilities
Road Frontage: Private Road
Restrictions: yes
Water/Sewer: Public Water
Miscellaneous: 1-5 Acres
Location: Malone Way

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A paint job is only as good as the preparation. Preperation is a boring process, but if you invest the time and effort, a good prep job will pay lasting dividends. Usually, the first step is to clean the surface to be painted by pressure washing. However, sometimes an older home’s buildup of multiple layers of paint requires stripping the paint to the bare wood. If this is the case, use a propane torch or electric heat gun to strip the old paint before pressure washing.

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search for : paint job, clean the surface to be painted, multiple layers of paint, strip the old paint before pressure washing

Market data appears to support Greenspan’s prognostication that home prices are due to experience a further drop in value. And, according to real-estate market researcher RealtyTrac Inc., the number of Americans in danger of losing their homes to foreclosure has more than doubled just from last year. According to that company, lenders sent notices of default to 108,716 homeowners in August, more than two-and-a-half times the level of a year ago. Also, the total number of foreclosure filings rose 115% to 243,947 in August from a year earlier. That figure includes defaults, scheduled auctions, and bank repossessions.

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search for : home prices, notices of default

Numerous reports that some products made in China contain lead, it is prudent for homeowners and renters, particularly those with small children, to test for lead hazards. Windows, doors and peeling paint are the primary problem areas even though lead has been banned from paint made for residential use since 1978. When lead paint has been painted over, peeling or friction from opening and closing a door or window can produce chips and dust containing lead.

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Some home buyers continue to pay their original monthly mortgage payment because they are lulled into the assumption that they are receiving a fat tax deduction from Uncle Sam. They think the situation is tenable because the annual Internal Revenue Service 1098 form that arrives from the lender shows big-time interest payments that make fat mortgage payments worthwhile. Unless you are strapped with an immediate need for a large sum of money (medical emergency, pressing family need) the decision to refinance should be based on how long you will be in your house. Never, ever take out a larger loan only because you believe it to be a wise “tax-deduction” play.

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search for : tax deduction, Internal Revenue Service 1098 form, mortgage payments

You’ve finished your dream house but haven’t yet sold the home we now own. It’s a common dilemma these days, given the huge inventory of homes on the market. Without a bundle of ready cash, you may have two options to help with the down payment, and possibly the mortgage payments and property taxes for both houses until you sell the old one: a home-equity line of credit or a bridge loan. One is a home-equity line of credit. It may feature the cheaper rate with minimal or no fees. Your alternative is the more expensive bridge loan, typically a one-year interest-only loan specifically designed to cover the financial gap between buying a new home and selling the old one, using the older house as collateral.

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search for : mortgage payments, home-equity line of credit, bridge loan

There’s good reason that relocating ranks alongside divorce as one of life’s most stressful events: It’s expensive. Even if you’re moving for a higher-paying position, your spouse may have to quit a job and look for a new one, which could pummel your household income. You might be forced to sell into a frighteningly declining real estate market. With mortgage rates on the rise, monthly payments for your new place are likely to be higher. Then there are all the expenses of settling in, from buying furniture to putting in an updated kitchen.

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Beautiful Wilkes County NC Executive Country Club Home.

MLS Number: 51211 List Price: $359,000

Bedrooms: 3, Full Baths: 2, Half Baths: 1, Est Total SqFt: 3425+
Type/Style: Tudor, Two Story, Area: 6
Elementary School : Moravian Falls Elementary
Middle School: Central Wilkes
High School: Wilkes Central

Construction: Brick Veneer & Other, Solid Masonry Foundation: Basement, block & brick. Roof: Shingle - Composition, Two Years Old, Floors: Carpet/Hardwood/Tile
Garage/Carport: Garage-Double Attached
Interior Features: Smoke Detector(s), Ceiling Fan(s), Newly Decorated, Painted and Carpeted, Central Vacuum, Large Master Bedroom, Walk-In Closets, Hardwood Floors, Basement, Two Fireplaces (Rock and Brick), Gas Logs, Workshop in Basement, Walk-in Cedar-lined closet, Formal Living Room, Dining Room, Den with Oak Bookshelves and Cabinetry, Cable TV w. broadband Internet

Exterior Features: Tiled Patio/Deck and Walkways, Very Private Yard, Level Lot, Set Back From Street.
Subdivision: Farmington
Lot Size: 1.14 acres

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

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Just in time to take advantage of the current inventory of foreclosures and other financially distressed properties, this new book explains the basic procedures, when and how to use each one, containing useful real-world information that can assist you in starting or furthering your real estate investing. This highly organized, easy-to-read book is not only very enjoyable, it is highly educational even if you have considerable real estate experience. The author explains virtually every property acquisition method and when to use each. He heavily emphasizes how to acquire properties using little or none of the investor’s own cash.

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search for : foreclosures, financially distressed properties