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!

Top Quality Barna Log $875,000 - real estate in mountains of North Carolina - near Maggie Valley NC

A picture is worth a thousand words ; so watch the virtual tour below. $875,000

Click on this photo to watch the Virtual Tour!!

Click on this link http://www.mountainheritage.com/listings/l0006.htmlfor complete photos and information about this Log Home near Waynesville.

• 4 Suites
• Outstanding Views of the mountains
• Gracious Kitchen for entertaining (with Butlers Pantry)
• Huge workshop in basement
• Master on Main
• Interesting Archetectural features and massive Log accents

Welcome
This sophisticated rustic Log Home shows a tasteful use of natural materials combined with refined wood, polished granite and delightful fixtures.

The Logs
You will notice the beautiful 12”, 14”, and 16” round accent logs are hand peeled and are used as accents around the house.
9” round Barna Logs are used in the construction.

The View
The views wrap around the home on all sides. The house orients to the most dramatic sightings with a 270° degree long range view, but the remainder of the 360° degree view is pastoral and mountainous.

The Setting
This small neighborhood, The Glens of Ironduff, provides easy year round access with paved streets and year round neighbors as well. The knoll top setting shows off the house to its’ best advantage. The wide open views surround the house. There is small but charming creek on the border of the property in a peaceful wooded ravine of big oaks.

The 2.419 acres affords privacy as well as views. The house overlooks a neighbor but no houses feel like they overlook this home. There are neighbors but not right on top of each other.

In General
The quality of construction is evident in all areas of the home. The Barna Logs are upgraded to 9 inch round logs. The thermal pane windows on the main level are sliders that can be opened up like a screen room. There is a Mission theme that runs through out; that seems to blend with the logs without being too fussy. Solid wood beams and hand peeled accent posts offer support in some of the most visible areas of the home. The foyer makes a grand statement and is reminiscent of an indoor forest. The natural tone of the massive log trees adds a unique quality through out.

Approximately 5600 square feet heated
2005 completion, nearly new
4 Bedrooms and 4½ Baths plus a second half bath in the workshop, and a Media room upstairs
Workshop with all the extras in Basement
2 car Garage with storage and utility
Dream Laundry with craft space, and double sink
Two propane furnaces
Electric Air-conditioning
Two 50 gallon electric water heaters,

also an On - Demand propane water heater for Master suite
Hard wired generator, with separate panel box
Thermal pane windows
Wood, tile and carpet floors

The Grand Room
The first impression is ‘Wow’.
The open Foyer leads through the huge round logs to reach the wide open great room. You will be drawn to look out the floor to ceiling windows to enjoy the views. Then you will realize how beautiful and impressive the room is.
Tongue and groove wood ceilings accented with solid wood beams
Wood floors, Stone Fireplace
Rounded archways lead to Sunroom
French doors to the porches
Lovely sliding energy efficient windows

The Fireplace
The fireplace is masonry hand built for use with wood or as a gas log burning fireplace. This masonry construction is hard to find in today’s new construction. The unit is equipped with a turn key for the gas (off or on). There is the option to remove the gas logs and burn wood, according to the owner. The fireplace is constructed of stacked stone from the floor to the ceiling, up two stories high.

The Kitchen
A very large area encompasses the kitchen and dining. Heavily beamed ceilings, windows to the view, and French doors to the porch open the kitchen to the outdoors. The gas grill connections are conveniently located on the porch. Much thought went into the design and function of the kitchen.
Thermador double ovens (convection and conventional)
Glass top range with tumbled stone back splash
Island with second sink and stain glass fixtures
Cherry wood Mission style cabinets · from Kraft Maid
· Self close drawers
· Lifting shelf for heavy mixers
· Wine storage
· Glass accent doors with lighting
Butlers’ pantry plus walk in pantry
· Tile and wood floors
· Much storage and many shelves
· Access to Laundry and Garage
Appliances that remain with house
· Stove and Double wall ovens
· Generator Hot Tub and
· Two disposals
· Mowing Tractor available (extra)

The Main Suite
Open views
French doors to covered porch with hot tub
Wood floors
Jacuzzi Whirlpool tub
Double vanities
Tile walk in shower with ‘rainfall’ head
Large walk in closet
Stain glass accent fixtures

Sun Room
Open all the windows for a sun porch ambiance
Arched doorway to access from the Grand Room

Powder room
In the Foyer
Hammered copper bowl sits on a finished furniture Cabinet
Kohler fixture

Upstairs
3 bedrooms, 3 full baths
with walk in closets
(plus a media room)
Open loft area (for computer/study)
View in both front & back of house

Work Shop
On lower level
Deluxe accommodations for a wood shop, etc.
Plenty of plugs, High voltage
Easy entry – drive in
Huge porch attached
Could be a game room, or???
Heated and cooled

2 car Garage
With storage
On main level

Porches
Round log posts and railings
Wood ceilings and beams

http://www.mountainheritage.com/listings/l0006.htmlClick HERE to learn more about this Log Home near Waynesville NC home for sale.

Lynda Bennett

real estate Broker

REALTY WORLD - Heritage Realty, Maggie Valley, NC

What can a Realtor do for me (in Maggie Valley, NC?)

A full service Realtor will do a lot of things for you. Have you ever heard the saying…

‘If you think hiring a professional is expensive; just wait until you hire some one who is not.’

My Successful Selling System includes the
15 Point Plan to Sell your Property

4 Main Categories
· Internet Marketing
· Local and Regional Marketing
· Mailings – Mass Marketing
· On site – In Home Marketing

Internet Marketing
Internet Marketing – reaching millions of Buyers (Craigslist, Zillow, ‘Backpages’ of Florida newspapers, DuPont Registry) through over 40 different site postings
Visual Tour – 360 degree photos
Realtor.com upgraded site with additional photos and link to Visual Tour
Personal web sites: http://www.mountainheritage.com/ and http://www.realtyworldheritage.com/
Web Marketing associated with all print advertising medias
Local and Regional Marketing
Multiple Listing Service for 5 Counties surrounding Haywood County – contact with these agents brings in more buyers.
Print Advertising monthly
Real Scope board full display in the office
Mass Marketing
Mail outs and postcards reaching 100 - 200 neighboring residents and my sphere of influence to ask if they know a buyer for this home.
Talking House – radio broadcaster in the house to reach the buyers car radio
On site Marketing
Brochures that market the property from a flier box in the front yard and can be emailed to buyers
Sign in the Yard
Keys and Lock Box installation for easy showings
Track showings, make appointments and provide feedback to seller about all showings
Prepare a Home Buyers Book to leave information at the property for Buyers to review.
Use Lynda Bennett, as your Realtor
Lynda Bennett, Realtor
Providing a Peak Experience Since 1986

www.MountainHeritage.com

What does this Market Really Mean in Maggie Valley Real Estate?

Market Analysis: Are you Behind the Curve?

As we have been hearing on the news; prices are falling in real estate. Appraisals are coming in lower. The market is different than it has ever been before. What does that really mean?

It is shocking. It means that the value/price/sales price/list price of a house or property for sale is actually going down each month it is for sale.

This means that if you have real estate for sale and the price is too high; then you are behind the curve and losing ground daily. Every month (or year) that goes by - the gap between ‘what the properties are going to sell for’ and the ‘list price’ gets wider. Creating a scenario in which it is increasingly difficult to get an offer.

The obvious solution is to drastically reduce the price to create an environment where an offer may come in. The list price needs to be within 6% of the realistic sales price. As time moves along, the spread between the list price and the sales price widens. That creates the need for a substantial price reduction.

This is not the experience that we have seen in past years. In the past, prices went up over time. That made things easier. If you wanted more for your house – all you had to do was wait and the prices would rise; eventually reaching the asking price. These were the ‘good old days’.

Waiting will only make this problem worse - since we are not waiting for prices to go up; but rather for them to go down.

If you want to sell your property, it is important that this concept be fully understood. Rather than waiting until a low offer comes in, and trying to explain all of this in the moment; it seems like a good idea to discuss it in advance.

This information is not what any one wants to hear. If you are one of the people that needs to sell or that must sell – then this information is essential.

If you are one of the sellers that do not have to sell or you are attached to the price; then this is not what you want to hear, but it may not affect your decision.

These two scenarios are creating essentially two markets – one that is competitively priced and the other market that is not. The discrepancy between the two markets is becoming more evident.

We are making sales – over 1000 homes sold in Haywood County last year. Only the houses that are competitively priced are selling.

The real estate agent is responsible for marketing the property, but the buyers will decide which ones are competitively priced and which one to make an offer on. The seller is responsible for creating an environment that encourages offers.

It is my belief that if you want to sell, then it can done. My Marketing Plan is as strong as any you will find. It generates inquiries and gets the word out.

The buyers are very conservative right now and they will not over pay. They are shopping around and know what is on the market – now – not last year. There are many choices for them.

They are real buyers and they will buy. Now is a great time to buy. Low interest rates, great prices and a large inventory create a perfect market for buyers. And the activity is apparent for the competitive properties. Offers are being made and properties are selling.

Capitalism in Maggie Valley NC - Free Enterprise in Action

I have been reading some articles that make me think.

Real Estate is one of the great success stories of Free Enterprise and Capitalism.

Real Estate is the basic Free Enterprise with individuals making decisions - taking the risks and gaining the benefits. The benefits may not be as explosive as they were in previous years; but the risks will be less also. Sometimes that is comforting to investors.

The lowest prices properties that are the best buys are selling. That is a true free market in action.

I am not ready to give up on the Free Enterprise system. There has not been a time in recent history when Americans could say, ‘Nationalize the Banks’ without accusations of Socialism or communism. There is no other option but to let bad banks fail.

The only way to reign in Capitalism is let capitalism work. It works by teaching greedy companies or banks a lesson. The lesson is failure. Greed makes the system work; Fear of Risk controls greed. When the government takes away the fear, then greed runs rampant.

How did the government reduce the fear?

This bank is too large to fail. That institution cannot be allowed to fail. The taxpayer can buy up your toxic debt. We can not let the banking system fail. The taxpayer can buy stock in your company (generally a company which is failing).

If people can not be allowed to lose their homes through foreclosure; the why would a bank loan money on a house that they can not foreclose if the person does not pay them back? Why would they take risk if there is not enough reward? It sounds sweet to say we should not foreclose; but the result is the banks will not loan money on houses.

So the taxpayer takes the risk while the Banks and Institutions pay large bonuses to the very people that ran the company into the mess in the first place. Now that the profits are less; they want someone else to absorb the risk – after they enjoyed years of profit and greed.

This scenario does not mean the system is broken – only that it is out of balance and greed overcame fear. If left alone, the system is sensing fear and will adjust to the new rules. But not if we (the taxpayers) absorb the risk and reduce the fear.

The Economy is huge – the government/taxpayer is but a small spec in relation to the economy. The only thing that is large enough to fix the economy is the economy. The government just is not large enough – does not have a large enough oversight committees – is too involved in setting policy for energy, wars, health and welfare – to be able to ‘control’ the economy.

When the government controls business - the worry we have - is that the government is controlled by special interest groups, their own political future, favors they owe, and a basic lack of time to devote and a lack of understanding about the problem.

So let business people take care of business. Motivated by greed – (and the desire to make money for themselves and the other people that work for the business); and controlled by fear that they will lose everything and go bankrupt. This system has made us the biggest economy on earth.

What other economy do we want to be like?

Everyone wants to be like us. So why are we changing the very basic rules of our economy, just because we are having a down turn. Did you expect it to go up forever?
We know better than that – what goes up must come down.

It went up really high; very fast and it is coming down. It is a normal business cycle.

I am a real estate agent. This downturn has not been good for me. I am willing to ride it out without the government saving me. I do not want to see us change our basic system of Free Enterprise – just because the housing market went down for a while.

Most real estate agents will tell you that the market was turning around last summer – until the government announcements that the economy was tanking and the housing market was dragging it down. That is not what was happening. The housing market will adjust and fix itself with out government interference.

We need good interest rates such as the ones we have now. We need good values and lower prices such as we have now. And individuals will make the decision to buy, because this is a good time to get in and maybe make a dollar of profit. They are controlled by fear and will make solid decisions.

The real estate market will adjust to the times. The people that need to sell - will sell – they will decide to reduce the price until it is attractive to buyers. The people that do not have to sell will wait until the market bottoms out and solidifies – and turns back up. The lowest and best priced properties are selling first. Now is the time to buy.

Statistics are showing that the bottom has been reached in many local markets. Yes, there are some markets nationwide that have not reached the bottom. The majority have reached the bottom.

The lowest prices are selling first. The Free Market system is working. It is a sight to see it in action.
- by Lynda Bennett

Billions and Billions (updated)

Billion Dollars - How much is a Billion? (see updates from Snopes.com)

The next time you hear a politician use the word “Billion” in a casual manner, think about this: A Billion (1,000,000,000) is a difficult number to comprehend, but here is some perspective for you:
1. A Billion seconds ago it was 1959.
2. A Billion minutes ago Jesus was alive.
3. A Billion hours ago our ancestors were doing absolutely nothing!
4. A Billion days ago no-one walked on the earth on two feet.
5. A Billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it! - YUP, that’s right - our government is hard at work spending your hard-earned tax dollars at the tune of $2.88 BILLION PER DAY!

When checking with www.snopes.com specifically http://www.snopes.com/inboxer/trivia/billions.asp

The actual numbers are a little different – in some cases worse – but in all cases still impressive. Check it out.
1. A Billion seconds ago it was 1959. / Actually 31.7 years or 1977.
2. A Billion minutes ago Jesus was alive. / Actually 1,901 years AGO or 107 AD.
3. A Billion hours ago our ancestors were doing absolutely nothing!/ Actually 114,000 years ago or the ‘Old Stone Age’.
4. A Billion days ago no-one walked on the earth on two feet. / 2.74 million years ago, about when the genus Homo appeared in Africa.
5. A Billion dollars ago was only 8 hours and 20 minutes / Actually worse … it is double that amount. When these calculations were first made the annual budget was $1 trillion; it now exceeds $2 trillion. So 4 hours and 10 minutes to spend a Billion Dollars.


While this thought is still fresh in our brains, let’s take a look at New Orleans. It’s amazing what you can learn with some simple long division. Louisiana Senator, Mary Landrieu (D), is presently asking the Congress for $250 BILLION to rebuild New Orleans. Interesting number, what does it mean?
A. Well, if you are one of 484,674 residents of New Orleans (every man, woman, child), you each get $516,528.
B. Or, if you have one of the 188,251 homes in New Orleans , your home gets $1,329,787.
C. Or, if you are a family of four, your family gets $2,066,012.
According to Snopes.com these calculations are pretty accurate – just a little difference.
Washington, D.C. HELLO!!! ... Are all your calculators broken??

What can I do?
I have been writing my US congressmen/women and US Senators; also my State and local Representatives. Of interest is that it is really hard to find an email address for them and then sometimes they do not work!

My goal has been to request that they not implement any more new sources of revenue, no new appropriations, and no new legislation that must be funded. STOP SPENDING More THAN they HAVE.

If they do vote for new legislation, then I request that it be to LOWER our TAXES.

Good Addresses to find our representatives:
http://www.senate.gov/general/contact_information/senators_cfm.cfm
http://www.house.gov/house/MemberWWW_by_State.shtml

Isn’t the Internet a powerful tool for grass roots Tax Reform?

Pat Bennett, Maggie Valley, NC real estate

Pat Bennett

Pat Bennett was born in Miami, Florida, where his family arrived by covered wagon as one of the original settlers in 1892. It was a wonderful place to grow up with salt water fishing, pleasant climate, and his family living nearby. Pat graduated from Coral Park High School and went on to Miami Dade Junior College and on to graduate from University of Georgia with a BS-ED in Education with a history minor.

He returned to Miami to begin teaching. As he sat in bumper to bumper traffic, traveling to work one day, he decided times had changed and he wanted to raise his children in a different environment. So after spending many summers in western North Carolina outside Cashiers, he knew just where he wanted to be.

In 1975, an opportunity arose to become the Personnel Director for western North Carolina Department of Transportation. He learned a lot about politics and the mountains in that position. He lived in Maggie Valley and eventually purchased the IGA grocery store in town and operated it for several years with his Mother, before selling it to his brother. It seems that much of the family had gotten the same idea and had relocated to the mountains as well. Pat settled down and started raising a family with two daughters Rachael and Sarah.

Once Pat went into real estate in 1977, there was no looking back. He sold the grocery and ended up buying the real estate office he worked with, REALTY WORLD – Heritage Realty. This is probably the oldest operating real estate office in Haywood County.

Since those early days, Pat has seen a lot of real estate trends come and go:
•the high interest rates of the 1980’s followed by the Savings and Loans crash induced opportunities for creative financing,
•the origination of the MLS and then the internet have changed real estate forever,
•the addition of Rental Management (Carolina Vacations) and its growth to the largest rental management company west of Asheville,
•the building of REALTY WORLD – Heritage into one of the top producing companies in the county, and
•the knowledge gained in building eleven (11) residential developments from the ground up, in an ever changing regulatory environment.
Times have changed, and he has learned from each experience.

Pat is focusing on the development of Katua Falls at this time. New construction of homes in Katua Falls is next on the agenda. He has sold his interest in Carolina Vacations and REALTY WORLD – Heritage to business associates.

His extensive experience is a benefit to any project or investor with whom he is involved.

Hire a Professional - MAggie Valley NC real estate

‘If you think hiring a professional is expensive; wait until you hire an amateur’
-anonymous

Please choose: Lynda Bennett
Real estate broker - Maggie Valley and Waynesville, NC