Foreclosure in Waynesville North Carolina on New Home

In these interesting times, we find opportunities to buy quality properties for less.
http://www.mountainheritage.com/listings/l0013.html Click Here for complete information!

This may be one of those opportunities. This new home is on the market as a foreclosure property. The home has never been lived in and it is in one of the premier neighborhoods in Waynesville, NC.

So if this new construction is of interest to you please let me know. Be sure to notice the gorgeous VIEWS, the large windows in the great room with a 2-story fireplace, and big bedrooms. The full basement is unfinished at this time. The two car garages are on the main level, which makes for easy access.

Give a call or an email for additional info or a showing!

Protect Yourself with Knowledge - Avoid Mortgage Loan Scams

http://activerain.com/blogsview/1043207/HEY-MOM-WHERES-FANNIE-MAE-LOAN-MODIFICATION-THE-NEXT-CONSUMER-SCAM-SCANDAL

I have posted this article written by another Realtor. As a group, we are exposed to the pain and anguish associated with these difficult economic times.

To add insult to injury through these scams is completely unacceptable. Please pass this article on to others that may benefit from this warning.

Surprise! Housing Starts Surge (So how is Maggie Valley?)

WASHINGTON -- Housing construction posted a surprisingly large increase in February, bolstered by strength in all parts of the country except the West.

While the surge in construction was far better than the continued decline economists had expected, experts viewed the rebound as a temporary gain given all the problems the housing industry still faces.

The Commerce Department reported Tuesday that construction of new homes and apartments jumped 22.2 percent in February compared with January, pushing total activity to a seasonally adjusted annual rate of 583,000 units. (By Martin Crutsinger - The Associated Press)

(Haywood County, NC) Maggie Valley has not seen the effects of this new construction surge. Many of these new starts appear to be in the rental/apartment sector. That is not the focus of our construction industry. We are focused on resort/second home sales.

We previewed a beautiful new Log construction in the Cove, today on caravan priced in the $600,000's. It is about 2/3 complete at this time. And i have a new home that is in foreclosure for sale - see complete details at: http://www.mountainheritage.com/listings/l0013.html

Lynda Bennett, a Peak Experience since1986

NC Foreclosures Down 50% in February (Maggie Valley, NC)

It is important to keep our eyes focused on the light at the end of the tunnel. Interpreting the news that we receive daily requires some filters. And I am hearing indicators that are beneficial to North Carolina. For instance...

While the rest of the country is reeling from an unexpected rise in foreclosure filings, the number of foreclosures in North Carolina fell 49.7 percent in February, according to data from RealtyTrac Inc..

The state had 2,039 foreclosures in February, with one in every 2,023 homeowners receiving a default notice, auction-sale notice or bank-repossession filing.

Foreclosure filings in North Carolina fell 14.5 percent in February from January.

Across the country, foreclosure filings rose nearly 30 percent last month from February 2008. There were 290,631 foreclosure filings, which affected one in every 440 U.S. households. Nevada, Arizona and California posted the top foreclosure rates in the country last year.

Source: North Carolina Realtor Report:from Charlotte Observer (link Below for full article).
http://www.bizjournals.com/charlotte/stories/2009/03/09/daily36.html