Lake Norman to Uptown Charlotte Living: North Carolina: Mooresville

Langtree at the Lake and Larkin development may get millions in stimulus money.

The Lake Norman region has been waiting patiently for the new Langtree at the Lake development to begin construction. However, tax issues have plaqued the project and prevented any construction.

Well here comes the government to help bail out both the Langtree project and Larkin development. Here is an excerpt from our local newspaper that gives hope for the projects to start moving dirt again.

An Iredell County government financing authority agreed last week to let the planned Langtree at the Lake and Larkin developments seek state approval for a combined $41million in "recovery zone bonds."

The bonds are part of the federal American Recovery and Reinvestment Act of 2009, intended to help reignite the economy. States approve and allocate the bonds.

The developments would obtain private financing for the bonds, so taxpayers wouldn't be at risk if the projects fail, officials said. Still, the county and state have to make sure the projects are fiscally solid enough to be able to obtain the financing, and the developments will create lots of jobs.

Members of the Iredell County Industrial Facilities & Pollution Control Financing Authority unanimously agreed last week to allow the developments to ask the state to approve the bonds.

Larkin is seeking $25million in bonds. The mixed-use development will encompass 1,000 acres off Interstate 77 Exit 45 in Troutman. A boulevard will extend the development north to Exit 49A in Statesville.

Larkin is expected to create at least 1,100 jobs in its first five years, Larkin officials told the authority.

In December, Iredell County gave Langtree at the Lake the go-ahead to seek $9million in the same type of bonds. The developer was back last week to request an additiona $16million, after more bond money was projected to be made available.

The project, at Interstate 77 Exit 31 in south Iredell, is expected to create about 1,900 jobs from 2012 through 2015, Russ Rogerson, executive director of the nonprofit Mooresville/South Iredell Economic Development Corp., told the authority.

The N.C. Department of Commerce and the N.C. Local Government Commission will next consider approving the bonds. The Iredell County Board of Commissioners also will have to schedule a public hearing.

Distressed properties in The Point Lake and Golf Club located in Mooresville, NC.

The Point Lake and Golf Club, situated on the shores of Lake Norman outside Charlotte, N.C., offers members a club with the style and spirit of a Nantucket village.

Members enjoy the privilege of playing an 18-hole lakeside course designed by golfing legend Greg Norman.

All this creates the exclusive, yet inviting, environment that is
The Point Lake and Golf Club.

Life here revolves around the water. More than 500 families have already made their homes along the 18 miles of shoreline. Most residents enjoy beautiful views of the water from their homes, while many others are nestled along the fairways of the golf course. More than two-thirds of the holes of this Greg Norman-designed course play along or over the lake. And, Our Lake Club has become one of the most sought-after destinations in the region for wedding receptions and corporate gatherings. It can accommodate seated gatherings of 300 people in the spectacular waterfront setting.

Please contact to receive daily updated distressed properties.
   

Pre-Foreclosure Homes for sale in the Lake Norman region of Charlotte.

There are some incredible buys but do your homework.

Develop a system to keep track of properties that interest you. A good tracking system is important since most pre-foreclosure buyers pursue many properties sometimes over a period of several months.

After you find a property online, it's a good idea to drive by the property to get a better idea of the property's condition and the type of neighborhood. For some buyers and investors, driving by the property facilitate a casual meeting with the owner or yields a wealth of unexpected information from a talkative neighbor.

Confirming pre-foreclosure status

When a property enters pre-foreclosure, the owner usually has at least 2-3 months to reinstate the property by paying off the amount in default. The reinstatement stops the foreclosure process, so it's important to find out if a property has been reinstated before proceeding. The best way to check if the property has been reinstated is to call the trustee or attorney assigned to the foreclosure. The trustee cannot typically answer questions about the property; they can just let you know if the property is still in foreclosure

To receive up to date pre-foreclosure listings contact me.

Mike@LakeAndTown.com
704 301-9264
www.lakeandtown.com
www.tripletdadrealtor.com

Short Sales/Distressed Properties in Mooresville, NC are becoming more of an option for many homeowners who would like to avoid foreclosure.

Here are a couple things to remember when trying to decide whether or not this is the right decision for you:

If the equity in the house is sufficiently negative, there may be an incentive for the household to engage in a short sale," says Anthony Sander, a finance professor at Arizona State University. "But the more negative the equity, the less likely the lender or servicer will be willing to agree since it increases the loss."

The environment for short-sellers is better, thanks to the Mortgage Forgiveness Debt Relief Act. It eliminates the tax liability for short-sellers. Before this bill, if you sold a $250,000 home for $200,000, the IRS considered the $50,000 gap earned income and taxed it as such. Not so today.

Still, those considering a short sell need to do their homework before taking the plunge.

First, understand the gamble. A short sale will serve as a black spot on your credit history. While urgency is important, understand that there will likely be another home buy in your future, and it'll be more difficult to acquire a loan if you have a history of skipping out early and leaving the lender with the bill.

Then judge the market. Do serious research into your market at the neighborhood level. If the homes all around you are headed to foreclosure and prices are falling like a stone, lenders will be eager to cut their losses and agree to a short sale. If this is the case, speed means everything. If your equity falls too far below zero, lenders are less likely to agree to a short sale because it costs them more.

Click here to view other Lake Norman area short sale/distressed properties.

If you would like to be set up on a FREE Lake And Town service that updates you daily on homes that go on the market which are Short Sales please contact me.

NASCAR Institute of Technology of Mooresville, NC is quickly becoming one of the nations best automotive technical schools.

If you searching for a training program that leads to a career with a bright future? You'll find it at NASCAR Tech. Employers across the nation are competing for automotive technicians who are professionally trained to service the advanced technologies of today's vehicles. At NASCAR Tech, you'll get a bumper-to-bumper
education that will prepare you for a high-demand career in a hot industry!

At NASCAR Tech, you'll learn everything you need to succeed in today's automotive industry. When you've completed Automotive Technology training, you'll have all the knowledge, skills and hands-on experience
you need to get a great-paying, entry-level position as an automotive technician. And as a NASCAR Tech graduate, you'll discover a wide-open road of opportunities waiting for you

Your training will cover all the fundamentals, from basic engine systems to electronics, power trains, brakes, climate control, transmissions and passenger restraint systems. You'll also get high-tech training on complex technologies such as on board computers, electronic systems, computerized fuel-injection and computerized engine control. Your training program will also include six weeks of performance engine training. You'll learn advanced techniques for building and testing a competitive NASCAR engine.

Mooresville, NC has become a very popular destination for people looking to relocate. Lake Norman is within minutes of some of the areas nicest neighborhoods.

                                                                                                                                                                  
The Point, Mooesville, NC  Homes For Sale - Brawley Widening Continues.

Road work continues on the much anticipated widening of Brawley School Road.

The awaited project is slated to complete in Summer 2011 and appears to be on schedule. Great news for the residents of the communities and businesses along the heavily traveled route.

 Some believe that during the recent RE market downturn the added negative of the extended travel time along the road has led some  to further softening of the home market along Brawley including the Point.

I share this view and believe that as the road widening nears completion the area 

will see a surge in new interest. There are some incredible deals to be had. We recently represented a buyer who saw a purchase price reduced over 20% from ask.

We believe The Point is the most desirable community on the Lake and feel that at the right price now a buyer will be well situated for over the long Term.

Recent update from NCDOT:

Brawley School Road

Roadworkwill also close lanes of Brawley School Road in Mooresville at various times this week:

• Between Isle of Pines Road and Poplar Grove Road from 9 a.m. to 3 p.m. and 7 p.m. to 7 a.m. until Wednesday. (roadwork)
• Near Stutts Road from 7 p.m. to 7 a.m. until Friday (storm pipe replacement)
• Near Williamson Road (widening project)

According to the NCDOT, the Brawley School Road widening contractor will not be allowed to delay traffic by use of lane closures during the following time periods:

• Monday - Friday 6-9 a.m. and 3-9 p.m. from South Fork Road to Blume Road
• Monday - Saturday from 6 a.m. to 9 p.m. from Blume Road to Williamson Road
• Monday - Saturday from 6 a.m. to 9 p.m. on Williamson Road

While living in the Lake Norman area for the past 10 years I have seen the landscape change in many ways. I am very excited to see that a development that has been in the works for years is finally coming to fruition. Here is a recent article I read that will keep you updated on the Langtree at the Lake development.

Despite the spring rains, Interstate 77 Exit 32 in south Iredell remains on track to open this summer, a state transportation official said.

Barring weather delays, the long-anticipated interchange will open July 15, said engineer John Cook of the N.C. Department of Transportation office in Statesville.

"Even with all the weather we had this spring, they're still on schedule," Cook said last week of general contractor Rea Contracting of Charlotte.

The $21 million project includes a third interstate lane both southbound and northbound between the new exit and existing Exit 33 near Mooresville.

Interstate paving is finished southbound but not northbound, Cook said. "The main thing is the paving, and we're doing that at night," he said.

Signals have been installed on Langtree Road at the new exit, Cook added.

The state promised the new exit years ago as an incentive to lure the national headquarters of Lowe's Companies Inc., the home improvement retailer accessible from Exit 33 and N.C. 115. Lowe's is paying to build a road straight to its headquarters from Langtree Road near the new exit .

Work started on Exit 32 in March 2007.

The exit leads to Lowe's in one direction and to the planned $800 million Langtree at the Lake mixed-use development in the other direction.

Langtree Road will eventually be expanded to serve as an east-west connector between I-77 in south Iredell and Interstate 85 in Cabarrus County. The connector would link with N.C. 3 through the counties.

The construction of Langtree at the Lake, across the causeway on I-77 just north of Davidson, may get under wayas soon as this fall with funding provided by special assessment improvement district bonds, also known as SAID bonds. At a meeting last month, the Mooresville Town Board of Commissioners took the next step toward enabling Langtree principal developer Land Acquisition & Investment to begin installing water, sewer and roads by unanimously approving a resolution to proceed with the necessary steps to authorize as much as $40 million in SAID bonds for the mega-development. Langtree would be the first development in North Carolina to secureSAID bonds since the state legislature approved the funding mechanism in August of last year.

 The $880 million development will consist of 300,000 square feet of corporate and professional offi ce space,650 luxury condos, a 150-room boutique hotel, a 300-room hotel and convention center, a 40-acre preserve and a number of retail shops and community amenities. Approved by the Mooresville Town Board in December 2006, Langtree at the Lake will occupy 125 acres at the emerging Exit 32, which is currently under construction, including several acres fronting Lake Norman.

Other municipalities in Mecklenburg and Iredell counties stand to reap the benefits of such large-scale job creation, too. Beyond that, however, Langtree is also anticipated to spur ripple development across north Mecklenburg and attract new businesses to the area. The water and sewer lines that Langtree will install using the SAID bonds will have the capacity serve adjacent properties that have no such utility services. Smith said that the sewer line will open up the southeast quadrant of Exit 32 to new development, extending around Lake Davidson into the Town of Davidson,that has heretofore been undeveloped because of the absence of utilities. Davidson town staff members are anticipating a direct impact from Langtree and are planning for future growth in the town that will ride the development's long coattails.

The other day I blogged about a development called Langtree at the Lake in the Lake Norman area of North Carolina. It was just a short informative piece, but to my amazement when I searched Langtree on Google I came up number one.

When you feel an urgent need in your business's web presence, a website is the first thing that crosses your mind. Let's skip the period of active search and painful doubts related to future websites' designs and assume you already have a perfect concept of your site and facilities to implement it. Now it's time to get down to copywriting, and one thing you clearly understand is that the site must express your business in the best possible way.

"Oh, I spent a small fortune (or ages) on advertising materials. Now I can just carry over the content of my nice brochures and booklets to the web pages!" Is that a good idea? No, it is not. However brilliant your ads are when you look at or read them, they might lack focus on specific word combinations.

You can take your ads as a starting point but, as a rule, good-for-all web content requires a lot of rewriting. The end goal of web copywriting is to use your target words in such proportions that they please (or at least don't displease) the human eye, and, at the same time, be what search engines consider enough for keyword relevance to the query. Moreover, you should understand which parts of a webpage are most important in terms of keyword populating.

You can think of many ways to write favorably about your business. But these phrases must not only describe your business well, they must be very popular; people should think of them first when searching for your type of a product, service, or whatever your site is offering. After all, you want your site to be a magnet for visitors, don't you? And the most efficient way to attract targeted visitors is to put your site at the top of search results for your target words. If you choose correctly the keywords your target visitors will use to reach your site, your first battle is won.