concord: USDA Rural Development Guaranteed Loans... One of the Few 100% LTV - No PMI Loans Available - 05/27/08 07:31 AM
     
Not many Realtors in Concord NC and the surrounding areas are aware of this great loan program offered by the USDA.  I suspect the same is true in other states across the country.  This program is very similar to the Farmer's Home Administration Loans that used to be offered by the USDA.
USDA Rural Development Loans are available for low to middle income owner occupant borrowers.  It is a 100% loan to value program... that's right there are still a few NO MONEY DOWN programs available.  This loan also has NO PMI!
Only a few lenders are qualified to underwrite these loans, so make sure … (19 comments)

concord: Charlotte NC... #1 Best Place to Buy Foreclosed Homes - 05/24/08 06:41 PM
 
 

#1 Best Place to Live    #9 Recession-Proof City
High Foreclosure Rates? #1 Best Place to Buy Foreclosed Homes!
Is it possible for one city to be America's #1 Best Place to Live on the Relocate America Top 100 Places to Live in 2008 list, #9 most Recession-Proof City in America on the Forbes.com America's Recession-Proof Cities list, AND still have High Foreclosure Rates?  The answer is yes, and that city is Charlotte North Carolina. 
Add it all together and you will find that Charlotte is America's #1 Best Place to Buy Foreclosed Homes!  I completely agree, since Charlotte has one of the most … (4 comments)

concord: New Construction... Reasons to use a Buyer's Agent - 05/15/08 09:21 PM
I worked in new construction sales for more than 2 years before starting my career as a general brokerage agent.  In my experience, approximately 75% of new home buyers bought their home directly from the builder, without Buyer Agent representaion.  Why do you think this is?  I think one of the main reasons is that buyers think they will get a better deal if they don't use a Buyer's Agent.
Builders and builder's agents can be very friendly, however they are working in the best interest of the seller. But who is representing buyer? I'm not sure how many new construction buyers are … (12 comments)

concord: Charlotte NC - One of America's Top 10 Recession Proof Cities...According to Forbes.com - 05/15/08 04:23 PM
Charlotte's recent inclusion at #9 on Forbes.com's "Real Estate...America's Recession-Proof Cities" top 10 list, provides another affirmation that Charlotte's real estate market is alive and well!  The list was compiled from the country's 50 largest metropolitan areas and cites the cities for their high job growth, rising home values and low unemployment amid a national economic downturn.
CLICK HERE to check out what Forbes.com has to say about Charlotte.  The article also mentions Concord and Gastonia in a positive light.  CLICK HERE to read the entire story.
It's been somewhat difficult to fight the image of real estate doom and gloom that has been portrayed by … (4 comments)

concord: 1472 Eschol Lane NW - Havenbrook - Concord, NC 28027 - 05/11/08 05:47 AM
WOW! $30,000 Below Tax Value
1600+ Heated Square Feet 3 Bedroom - 2 1/2 Bath Attached 2-car garage All Bedrooms & Laundry Upstairs Conveniently located near the new Kannapolis NC Biotech Research Campus & I-85 access. Desired Cabarrus County School District Offered at $119,900
Another home SOLD by Cheryl Powell & The Powell Team with RE/MAX Gold!
MLS#: 771835
For more information on this house or other homes for sale in Cabarrus County and Concord NC, or general information on Charlotte NC area real estate, call Cheryl Powell with The Powell Team at 704-363-8902 or visit our website.

(2 comments)

concord: New Job Opportunities Coming to Concord NC - ACN Inc. World Headquarters - 04/13/08 10:45 AM
ACN Inc., the largest direct selling telecommunications company in the world, will consolidate its U.S. operations to its new World Headquarters in Concord NC.  Their current operations in Huntersville and Farmington Hills MI are included in the move.  The company operates in 19 countries and provides telecommunications services including digital phone service, internet service, wireless phone service and video phones to individuals and small businesses.
The at a 17-acre site located off Interstate 84 at exit 60,  is the former location of CT Communications Inc.  Windstream Corp. bought CT Communications in August and said the building would be sold.  The location … (2 comments)

concord: The Problem With Short Sale/Pre-Foreclosure Listings Is... - 03/09/08 04:21 PM
I'm a Realtor in Concord North Carolina, a suburb of Charlotte NC and I'm getting rather frustrated with the way short sales/pre-foreclosures are being listed in our area!
In the Charlotte NC area, many agents are listing homes as short sales/pre-foreclosures  before the lender is even contacted at all about a possible short sale.  Agents are listing homes at ridiculously low, way below market value prices, which is hurting other sellers in the same neighborhood.  I don't know where these agents are coming up with these list prices... I think they are pulling them out of a hat, because there are no comparable sales … (15 comments)

concord: RE/MAX Carolinas & Florida - Leadstreet & eNeighborhoods vs Reliance Network & RIMS... What do you think? - 02/26/08 01:31 AM
     VS         
I've been a Remax real estate agent for several years now, currently with RE/MAX Gold in Concord North Carolina, and I definitely wouldn't want to be anywhere else besides RE/MAX.  However, I'm not very happy with the recent change from Reliance Network & RIMS websites to Leadstreet & eNeighborhoods websites. 
RE/MAX of the Carolinas and RE/MAX of Florida had a different system for managing Remax leads until earlier this month, it was called RIMS (RE/MAX Internet Marketing Stategy) and was serviced by Reliance Networks.  I thought that it was a GREAT system that offered more agent control than LeadStreet does.  The … (12 comments)

concord: Preliminary Plans Released for "The Strip" at Concord - 01/16/08 01:40 AM
 
Proposed Front Elevation for "The Strip at Concord"

A preliminary site plan was submitted January 9, 2008 for the $60-million drag strip that will be built near Lowe's Motor Speedway. It is being called "The Strip" at Concord.  The preliminary plans show a drag-strip and grandstands with box suites, a control tower with space for glass-enclosed suites, and new parking areas surrounding the drag-strip.
The Concord City Planning and Zoning Board is scheduled to review the preliminary plans on January 29.  Designers say more complete plans will be released in February.
CLICK to View Larger PDF Site Plan
The site for the … (2 comments)

concord: 2639 Wind Song Court - Remington Estates - Concord, NC 28027 - 11/19/07 08:58 AM
Great Price and Ready to Move In!  Well maintained 3 Bedroom - 2 Bath ranch with 1-car garage.
3% Buyer Closing Cost Assistance paid by Seller with full price offer. Conveniently located ±4 miles from the new Kannapolis NC Biotech Research Campus & ±2 miles from     I-85 access. 8 ft wall separating the great room & kitchen adds architectural interest to the open floor plan. Vaulted ceilings in Great Room, Kitchen & Breakfast Area. Spacious kitchen with lots of cabinets and access to patio & back yard. Master Bedroom with tray ceiling, ceiling fan, large closet & private bath. Attached 1-car garage with attic … (2 comments)

concord: Cabarrus County NC Market Report - YTD 1/1 - 9/30 2006 Compared to YTD 1/1 - 9/30 2007 - 10/09/07 04:43 PM
The real estate market in Cabarrus County isn't all doom and gloom.  Compared to many parts of the country we have a lot to be happy about.  Here are a few statistics compiled by the Carolina Multiple Listing Service to prove my point.
The average sales price of Single Family Homes in Cabarrus County has risen from $184,159 (YTD Average 1/1/06 to 9/30/06) to $198,773 (YTD Average 1/1/07 to 9/30/07).  That is an increase of nearly 8%!
The average days on the market for Single Family Homes in Cabarrus County has remained almost unchanged.  Between 1/1/06 & 9/30/06 the average days … (0 comments)

concord: Campaign to Keep Lowes Motor Speedway in Concord, NC - 10/09/07 10:17 AM
                                             
I recently received an email detailing a campaign to keep Lowes Motor Speedway in Concord, NC.  The Cabarrus County Visitors & Information Bureau, the Cabarrus County Economic Development Corporation and the Cabarrus County Chamber of Commerce are working together on this project. 
They are asking members of the community to go online and fill out a brief form authorizing them to send a postcard to Bruton Smith, CEO of Speedway Motorsports, Inc.  The postcard will contain the following message: "Please keep Lowe's Motor Speedway in Concord and continue to pursue your dream to build the World's Racing Destination."
To take part in this campaign please … (10 comments)

concord: Guide to Cabarrus County NC - 08/11/07 02:08 AM
While surfing the web I came across a great resource for Cabarrus County North Carolina information.  The Independent Tribune published a "Guide to Cabarrus County" and has made it available on the internet as well.  It contains Cabarrus County history as well as information about Government, Schools, Shopping, Attractions, Utilities and much more.  Check it out by clicking the Picture/Link below. 

(1 comments)

concord: Local Information About Cabarrus County NC - 08/10/07 03:07 AM
Cabarrus County is a growing community located North of Charlotte, North Carolina.  It encompasses the cities and towns of Concord, Harrisburg, Kannapolis,  Midland and Mount Pleasant.  Cabarrus County is known for its quality public school system and low property taxes.  It is home to the #1 tourist destination in the state, Concord Mills Mall, as well as Lowes Motor Speedway and Reed Gold Mine.
HISTORYCabarrus County occupies a triangular section of North Carolina's southwest piedmont. Settlement of this area began in the mid-eighteenth century. Early settlers were predominantly Scotch-Irish and Germans. A small group of Welsh-English families were also among the earliest settlers. Before … (0 comments)

concord: Cabarrus County Population Growth and School Construction Needs - 07/09/07 01:09 AM
Cabarrus County school and county officials are again trying to find solutions to deal with the seemingly never ending problem of school overcrowding, caused by rampant growth in the Cabarrus County population.  According to US Census Bureau information, Cabarrus County experienced nearly 6% population growth from 2005 to 2006 (147,939 2005 population to 156,395 2006 population) with continued growth expected.
Currently there are 28 schools (23,838 students) in the Cabarrus County School system, 16 elementary schools, 6 middle schools and 5 high schools.  Two new elementary schools, one replacement elementary replacement school and one high school are scheduled to open in … (0 comments)

concord: Concord Annexation... Opening of New Cox Mill Road High School May be Affected - 07/01/07 02:56 PM
Here we GROW again!  The City of Concord wants to annex the future site of a new high school on Cox Mill Road and on Thursday June 28, 2007 Cabarrus County School Board members approved the voluntary annexation process.
The future high school is scheduled to open in fall 2009 to relieve overcrowding at Northwest Cabarrus High School.  However, the opening could be delayed because the city won't issue construction permits until the annexation is complete and the school adheres to the city's building requirements.
For the benefit of the kids, let's hope that the Board of Education can cut through the city's red tape … (2 comments)

concord: Northeast Medical Center and Carolinas HealthCare System Merger - 06/28/07 04:19 AM
 
Sunday July 1, 2007 the merger between Northeast Medical Center and Carolinas HealthCare System will be complete.  At   that time, Northeast Medical Center will take a new name, Carolinas Medical Center-NorthEast (CMC-NorthEast). 
Residents of Concord and the surrounding areas are fortunate to have such an outstanding hospital in our community.  NorthEast Medical Center is a Magnet hospital, which places them in the top one percent of all healthcare facilities for nursing and patient care.
Those of us who drive by the hospital on a daily basis have undoubtedly noticed the ongoing new construction and expansion of the facility.  The improvements show no … (2 comments)

concord: Philip Morris Plans to Close Concord Manufacturing Plant in 2010 - 06/27/07 03:55 AM
Concord's Philip Morris manufacturing plant will begin to phase out its 2500 workers, approximately one year from 6/26/2007.  The company plans to close the 2.4 million-square-foot facility in 2010 in a plan to consolidate manufacturing in Richmond VA and expand manufacturing in Europe. 
These are good paying jobs with good benefits that will be difficult to replace.  The company plans to offer relocation to Richmond, early retirement or severance packages to their Concord employees.
The facility sits on 2100 acres of prime real estate adjacent to Hwy 29 in Concord NC.  McCormick, a Philip Morris representative, said that the company plans to sell the … (4 comments)

concord: $100 Million Indoor/Outdoor Waterpark & 409-Room Resort Hotel To Be Built in Concord - 06/19/07 04:58 PM
Today the Concord North Carolina Planning and Zoning Commission approved the site plan for Wolf Lodge, a $100 million indoor/outdoor water park and 409-room Resort Hotel, proposed for a spot near Speedway Boulevard.  Unfortunately, only guests of the resort, averaging a whopping $300 nightly room rate, will be allowed to use the water park.  To read the article in the Independent Tribune, CLICK HERE.
(2 comments)

concord: Cabarrus County North Carolina - Local Information - 05/06/07 12:26 PM
Hello and welcome to an online discussion of everything related to real estate in Cabarrus County North Carolina, encompassing the cities and towns of Concord, Harrisburg, Kannapolis,  Midland and Mount Pleasant.
Cabarrus County is a growing community located North of Charlotte, North Carolina.  Cabarrus County is known for its quality public school system and home to the #1 tourist destination in the state, Concord Mills Mall, as well as Lowes Motor Speedway and Reed Gold Mine.
For further information about Cabarrus County North Carolina visit the following websites:  Cabarrus County, Cabarrus Regional Chamber of Commerce, Cabarrus County Convention and Visitors  Bureau, Cabarrus County Schools … (2 comments)

 
Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate (Southern Homes of The Carolinas - The Powell Team)

Cheryl Powell - The Powell Team

Concord,Harrisburg & Charlotte NC Area Real Estate

Harrisburg, NC

More about me…

Southern Homes of The Carolinas - The Powell Team

Address: 5818 Highland Shoppes Drive, Suite C-5, Charlotte, NC , 28269

Mobile: (704) 363-8902

I provide professional real estate services to Buyers and Sellers in Greater Charlotte NC, including Concord, Harrisburg, Kannapolis, Mooresville, North Charlotte, Salisbury and surrounding areas. My specialties include: Resale Homes - New Construction - Relocation - 1st Time Buyer Programs - Investments - Foreclosures - Short Sales. I have the experience, knowledge and dedication that it takes to get the best results. Contact me anytime to discuss your real estate needs!


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