Attorney General Asks Lenders to Halt Foreclosures in North Carolina - 10/13/10 12:11 PM

North Carolina Attorney General, Roy Cooper, is asking 14 lenders to suspend foreclosures in North Carolina. This suspension will remain until the lenders can show they've complied with the law in their foreclosure process. The action arose from concerns that documents and affidavits were signed without proper verification of the information they contain, and in some cases, from concerns about the notarization of the documents. Spokeswoman Noelle Talley said that Cooper is "especially concerned that if foreclosure affidavits are being signed without proper review, then some North Carolina homeowners may not be getting a good-faith shot at loan modifications." Click to read the FULL ARTICLE at www.NewsObserver.com by Rick … (3 comments)

Wilmington NC Star News Reports the Price is Right in Southeast NC New Home Communities - 10/07/10 04:58 PM
Wilmington NC Star News reports the price is right in Southeast, North Carolina new home communities. Land in established communities is selling at a great price. Lenders are financing lots with the infrastructure of water, sewer, and roads in new home communities that have stalled when the market slowed. Builders are able to buy finished lots for much less, at a price of $45,000 or less! Rule of thumb says the cost of land is generally 20% of the home price. That means builders are building in the $150,000 to $250,000 price range, which is currently the highest in demand in Southeast North Carolina. … (1 comments)

 
Stephanie Gasparovic (Coldwell Banker Sea Coast Realty) Rainmaker_large

Stephanie Gasparovic

Hampstead, NC

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Coldwell Banker Sea Coast Realty

Address: 1001 Military Cutoff Rd. Ste.101, Wilmington, NC, 28403

Office Phone: (910) 799-3935

Cell Phone: (910) 264-0585

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