north carolina: USDA Rural Development Loan News - Eligibility Map Changes Postponed - 04/07/13 04:46 AM
  View RSS feed close [x] UPDATE May 30, 2014 For more that 2 years USDA has been setting and then postponing the implementation date for USDA Rural Development property eligibilty maps to change.  The change is part of an effort to re-define the definition of "Rural" and when it is finally implemented it will affect almost 1/3 of North Carolina, including popular currently eligible areas such as Mooresville, Mount Holly and parts of Concord.  At this time USDA Rural Development Eligibility Maps are scheduled to change on October 1, 2014.    NOW is the time to act if you would like to take advantage of this wonderful loan program offering NO MONEY … (6 comments)

north carolina: FHLB Grant for NC 1st Time Homebuyers Down Payment Assistance - 01/28/11 04:11 PM
Many people haven't heard of the FHLB (Federal Home Loan Bank) grant program for 1st time home buyers in North Carolina, so I thought I'd share information about this great program.  Similar programs may be available in other states.
This program is only available through member banks of the Federal Home Loan Bank (FHLB) system.  The only participating NC banks that I am aware of are RBC Bank and Monarch Mortgage.  As of today, both of these lenders have their 2011 funding for this program.  I know loan officers with both of these lenders, so let me know if you need a good loan officer to … (5 comments)

north carolina: New "Due Diligence" NC Offer to Purchase & Contract- Effective as of 1/1/2011 - 01/28/11 03:01 PM
Do you have questions about the new North Carolina "Due Diligence" Offer to Purchase and Contract? If so, you're not alone! The NC Association of Realtors made dramatic changes to the standard NC Offer to Purchase and Contract, which went into effect on January 1, 2011. New terms were added, such as a Due Diligence Fee paid by the buyer DIRECTLY TO THE SELLER, and a Due Diligence Period. Gone are the inpsection period and loan commitment period, both of these items now fall under the Due Diligence Period. This video, created by the NC Association of Realtors General Counsel, may … (4 comments)

north carolina: Short Sale- Avoid Foreclosure - 01/06/11 06:17 AM
If you are having difficulties paying your mortgage and are considering walking away from your home, you owe it to yourself and your future to consider a short sale instead of letting the bank foreclose. 
Contact a Realtor who is a short sale specialist, to explain the process to you and get your home listed when you first start having trouble paying your mortgage.  Don't wait until months have gone by and the foreclosure sale is pending.
Check out the following video story of how one homeowner avoided foreclosure and sold their home as a short sale.

If you own … (2 comments)

north carolina: 3036 Rockingham Lane - Southern Chase Subdivision - Concord NC - 08/09/09 09:39 AM
Open floor plan ranch with covered front porch & lots of upgrades.
3 Bedrooms 2 Full Baths   Built in 2001 Laminate floors in formal Living Room, Great Room, Kitchen & Dining Area Great Room with wood burning fireplace & recently installed French doors with blinds between glass Kitchen with GAS range, built in microwave, dishwasher and pantry Formal Living Room Master Suite has private bath with garden tub Newly installed custom patio This is a Short Sale, priced to sell quickly at $88,000

MLS#: 891296 - SOLD
For more information on this house or other homes for sale in Cabarrus County and Concord NC, or … (3 comments)

north carolina: 1532 April Knoll Court - Cabarrus Crossing Subdivision - Huntersville (Cabarrus County) NC - 08/09/09 09:09 AM
Short Sale opportunity to purchase this 4 Bedroom POOL COMMUNITY home at $17,060 below tax value!
4 Bedrooms 2 Full Baths & 1 Half Bath  2" Blinds throughout Great Room Kitchen with black appliances, lots of cabinets, pantry & breakfast area Formal Living Room Master Suite has walk-in closet & private bath with garden tub & sep shwr Master Bath with garden tub & separate shower Attached 2 car garage with door opener and keypad entry Cul-de-sac lot Conveniently located off Hwy 73 between I-77 & I-85 Low Cabarrus County Taxes ONLY! Community POOL and playground Priced to sell quickly at $145,000 READY TO MOVE … (3 comments)

north carolina: 8220 Chatham Oaks Drive - Concord NC - Poplar Woods Subdivision - 06/17/09 05:30 PM
Short Sale opportunity to purchase this spacious open floor plan home located in desirable Concord POOL COMMUNITY, at a great price!
4 Bedroom 2 Full Baths & 1 Half Bath  Full Brick Front More than 2100 heated square feet Large 2-Story Great Room with laminate flooring, wood burning fireplace, lots of windows & ceiling fan is open to loft above Kitchen with pantry, electric range, built-in microwave & dishwasher Dining Room with laminate floors Main level Master Bedroom with walk-in closet, ceiling fan and deluxe private bath with dual vanity, garden tub & separate shower  Loft overlooking Great Room with built in shelves, ceiling fan and open railing HUGE 19' … (3 comments)

north carolina: 311 Valley Brook Lane - Concord NC - Stonebridge Townhome Community - 06/17/09 05:09 PM
Enjoy carefree living in this lovely townhome located near downtown Concord. Lots of upgrades and ready to move in!
2 Master Bedrooms 2 Full Baths & 1 Half Bath  Great Room with laminate floors, ceiling fan, decorative track lighting, crown molding & French doors leading to patio  Kitchen with upgraded raised panel oak cabinets, raised bar & all black appliances including  refrigerator, smooth top range, dishwasher & built-in microwave Dining Room with laminate flooring, bay window crown molding, chair rail & ceiling fan Master Suite 1 with walk-in closet, crown molding, ceiling fan & private full bath Master Suite 2 with ceiling fan & private full … (1 comments)

north carolina: 200 S Rose Avenue - Mill Village - Near NC Research Campus in Kannapolis NC - 06/17/09 05:39 AM
Bungalow style ranch located in the heart of Mill Village...only .58 miles from the Core Laboratory at the new NC Research Campus.
2 Bedroom 1 Bath Rocking chair front porch with newly rebuilt floor 5/09 Spacious Living & Dining Rooms w/hardwood floors Kitchen w/skylight & refrigerator/range included Hardwood floors in both Bedrooms New water heater 1/09 Washer & Dryer included Storage Building 1-Car Carport Fenced Back Yard Drastically reduced and now offered at a Short Sale price of $72,900
MLS#: 891297 - WITHDRAWN 
For more information on this house or other homes for sale in Cabarrus County and Kannapolis NC, or general information on Kannapolis NC area … (3 comments)

north carolina: Thursdays on Main - Under the Oaks at Veterans Park in Kannapolis NC - 05/29/09 10:17 AM
Thursdays on Main is a lunchtime music series being held this May and June in Veterans Park - Kannapolis NC.   The concert series is FREE to the public and features live music ranging from jazz to classical to big band music. Lunch will be available for purchase from downtown vendors, or you can bring your own. 
Veterans Park is located at the corner of Main and E. First Street - Kannapolis. Bring your lawn chairs or blankets and join the fun from 11:30am to 1:00pm!
Music Schedule for the remaining performances:
June 4 The Mark Hoffman Trio Classical
June 11 The Chris Dixon Duo Acoustic/electric … (2 comments)

north carolina: NC Research Campus Farmers Market - Kannapolis NC - 05/28/09 01:09 PM
The Farmers Market at the N.C. Research Campus, in Kannapolis North Carolina, opened for its second year on Thursday, May 7.  It's a great way to support the local economy by purchasing produce grown within 100 miles of Kannapolis.
Live music is also provided to add to the fun!

Time: 4:00 to 7:00 pm, THURSDAY evenings beginning May 7, 2009 and ending October 29, 2009
Location:  Kannapolis, NC - West A Street between the former Cabarrus Bank Building & Transit Damage Furniture
To view and print a flyer with all the details, click the following link: N.C. Research Campus Farmers Market
(0 comments)

north carolina: Mount Pleasant NC - School Information Resources - 05/25/09 08:18 AM
If you're considering a move to Mount Pleasant NC and would like more information about the public schools, check out the helpful links below. 
 

 

Visit the Cabarrus County Board of Education website for important school information for Newcomers to Cabarrus County
 
 
 

Check out the NC School Report Card website to obtain comprehensive information about NC schools, including important information about student achievement, class size, school safety and environment, and teacher quality as well as demographic details about schools and districts.
 
 
CLICK HERE to research public, private, and catholic schools and districts … (0 comments)

north carolina: US Treasury Department Announces Short Sale Plan - 05/21/09 02:41 AM
I recently read an article in the RE/MAX Times (a publication for RE/MAX Agents) regarding The U.S. Treasury Department, who recently unveiled a plan designed to streamline and encourage short sales.  Under provisions of the newly created "Foreclosure Alternatives Program," the process will soon include standardized documentation, cash incentives to lenders and moving allowances for homeowners.
Here's a Treasury Department fact sheet about the plan, as well as a release from the National Association of Realtors.  You may also want to read The New York Times story, headlined "Lenders More Open to Short Sales".
Many real estate agents avoid short sale listing and buyer transactions, … (2 comments)

north carolina: 2009 Coca-Cola 600 in Concord this Sunday - 05/20/09 03:50 AM
Well, it was bound to happen. Given today's state of the economy, many people are travelling less and spending less on entertainment. An article in The Independent Tribune says that business at The Lowe's Motor Speedway in Concord has been "slower than usual". One vendor says that his business is off by 60%.
If you've been avoiding going to the races because tickets were sold out or you'd prefer not to fight the huge crowds, this may be just your opportunity. The Coca-Cola 600 will be in Concord this Sunday, May 24, 2009 and there are plenty of good seats still available.  … (2 comments)

north carolina: When a Buyer Changes From Conventional Financing to FHA or VA... AFTER CONTRACT - 05/14/09 09:32 AM
Recently I became aware of a real estate transaction where the Buyer decided to change from Conventional Financing to VA Financing, after the effective date of the contract.  This Buyer didn't ask the Seller to contribute toward their closing costs.  The Buyer decided that they wanted to get a VA loan, so their agent sent the FHA/VA Addendum to the Seller's agent requesting the Seller's signatures.
Here's the problem... VA loans prohibit Buyers from paying certain types of fees that are often charged by lenders, escrow companies, settlement agents, and title companies. They are called "non-allowable" fees. They still get charged anyway, but Buyers are "not allowed" … (2 comments)

north carolina: Old Courthouse Community Theatre in Concord NC... Presenting "Run For Your Wife" - 04/29/09 02:37 AM
If you've been looking for something different to do, check out the Old Courthouse Theatre's production of "Run For Your Wife".  This is a comedy LIVE theatre production about a cabby who has two wives. 
Old Courthouse is a Community Theatre that was founded in 1976... celebrating its 33rd season.  It is an all volunteer organization that provides live theatre productions.  The theatre is located at 49 Spring Street NW in Concord NC. 
They will kick off the season with an OPENING NIGHT WINE TASTING, where patrons will have a chance to taste KST Georgian all natural wines.  Doors will open at 7:00 for snacks and wine … (3 comments)

north carolina: Rowan County & Salisbury/Kannapolis NC - USDA Rural Development Home Loans - 04/29/09 12:43 AM
Since News Channel 36 did a report on USDA Rural Development loans last week, it has been a HOT topic in our area.  I've helped my clients utilize this program for years, so I decided to share the basics concerning USDA Rural Development loans in Rowan County North Carolina. 
The USDA Rural Development agency (yes, the United States Department of Agriculture) has two different loan programs, Direct and Guaranteed.  Eligibility for both types of Rural Development loans is determined based on household size, income and the buyer's credit worthiness.  Both programs are 100% (NO DOWN PAYMENT) loans with NO MORTGAGE INSURANCE.  FHA loans and Conventional loans … (1 comments)

north carolina: Iredell County & Mooresville NC - USDA Rural Development Home Loans - 04/25/09 11:23 AM
News Channel 36 did a report on USDA Rural Development loans last night.  It said that the program is "little known", but I've known about it and helped my clients utilize the program for years. 
The USDA Rural Development agency (yes, the United States Department of Agriculture) has two different loan programs, Direct and Guaranteed.  Eligibility for both types of Rural Development loans is determined based on household size, income and the buyer's credit worthiness.  Both programs are 100% (NO DOWN PAYMENT) loans with NO MORTGAGE INSURANCE.  FHA loans and Conventional loans with less than 20% down payment require mortgage insurance, which is … (7 comments)

north carolina: Cabarrus County & Concord NC - USDA Rural Development Home Loans - 04/25/09 03:46 AM
News Channel 36 did a report on USDA Rural Development loans last night.  It said that the program is "little known", but I've known about it and helped my clients utilize the program for years. 
The USDA Rural Development agency (yes, the United States Department of Agriculture) has two different loan programs, Direct and Guaranteed.  Eligibility for both types of Rural Development loans is determined based on household size, income and the buyer's credit worthiness.  Both programs are 100% (NO DOWN PAYMENT) loans with NO MORTGAGE INSURANCE.  FHA loans and Conventional loans with less than 20% down payment require mortgage insurance, which is … (3 comments)

north carolina: Concord NC- Phillip Morris closing 1 year early... 1100 jobs to be lost - 04/22/09 08:40 AM
My husband was out running errands today, when he heard the bad news and called to tell me about it.
We all knew that it was coming, but in their 2007 original closing announcement Phillip Morris said they wouldn't be closing their Concord NC plant until the end of 2010.  However, this morning Phillip Morris started notifying its employees that the plant would be closing at the end of July 2009!  1100 good paying jobs will be lost, and it couldn't be worse timing... since the February 2009 Cabarrus County unemployment rate was already 11.2%!  The company cited a decrease in cigarette sales as … (2 comments)

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

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

Email Me

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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