Monday, January 30, 2012

HOA's vs. The homeowner

Dozens of angry homeowners came to a public hearing at the General Assembly Monday to ask lawmakers to tighten regulations for homeowners associations.

HOA boards have the power to put liens on homes or foreclose on them if owners don't pay their membership dues and fines. Homeowners who spoke Monday said some boards are abusing their power, misspending funds and pursuing personal vendettas.

Irene Thiele, who owns a house in Cary, said her HOA contract was changed after she bought her house to add services she never agreed to, doubling her fees. She has been fighting it in court, but she said she wants more state oversight.

Other speakers suggested adding a homeowners' bill of rights to state law.

Representatives of homeowners associations said they don't want any changes and told lawmakers that HOAs maintain buildings, roads and pools and protect property values for all homeowners. They say liens and foreclosures are the only tools they have to enforce their contracts and that stricter regulations will make that job more difficult.

Legislators made a few changes to the state's HOA laws last year, such as giving homeowners more time – 90 days instead of 30 – to pay off assessments before an HOA can start foreclosure proceedings on their property. Lawmakers could consider even bigger reforms when they come back to Raleigh for the short session this summer.

Friday, January 27, 2012

Thursday, January 26, 2012

Downtown Raleigh could see new hotel!

Marriott may be making a new contribution to the downtown Raleigh skyline.
Check out the article here.

Monday, January 23, 2012

Look who's HIRING!

Some pretty well-known companies are hiring right now!

Read the article HERE!

Friday, January 20, 2012

Tips for hiding decorating issues!

Thinking of selling your home but worried about old carpet or stained tile?

Check out this article for some handy tips to improve your home and impress potential buyers!

Thursday, January 19, 2012

Tuesday, January 17, 2012

High Value of Homeownership... America votes!

Owning a home is very important to a very large portion of Americans and this most recent article around this very topic summarizes the consensus. Two-thirds of responders in this featured survey stated that the Federal government should do more to make the option of owning a home a more reachable and realistic goal for Americans.

Read the article here.

Monday, January 16, 2012

Raleigh Ranks #1 of America's 50 Best Cities!

Raleigh ranks #1 in Bloomberg Business Week's "America's 50 Best Cities"!

Here's a quick overview on the ranking!

Raleigh, N.C.

Population: 377,487
Mayor: Charles Meeker

Why it’s ranked: Taking more than a dozen data points into account, Raleigh ranks as the best place to live in the U.S. The city sports a high number of bars, restaurants, and cultural institutions as well as a thriving social scene, great parks, and good schools. Raleigh reflects the cultural graces that go along with anchoring the so-called research triangle, home to North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. Of course, it’s also much more. The city offers a great deal on nights and weekends, from concerts and opera to the 30,000-sq.-ft. State Farmer’s Market. North Carolina’s state capital is tops in our book.

How it ranked:
Percent with bachelor's degrees: 47.5
Percent under poverty level: 13.9
Median household income: $53,370
Violent crime rate: 492.9
Property crime rate: 3,403.2
School score: 74.4
Pro sports teams: 1
Foreclosure rate: .0056
Percent Unemployment: 6.9
Park acres per 1,000 residents: 30.8
Bars: 110
Restaurants: 867
Museums: 51
Colleges: 10
Libraries: 18
Air Quality Index: 83

Just another reason to settle down in the Raleigh area and we'd love to help make the process as seamless as possible. Contact us today with any questions!

Chuck & Cindy
www.chuckandcindy.com

Mortgage Rates Continue Trend of Record-Breaking Lows!

Great news - the time to buy is now!

Read this article!

We look forward to working with you this New Year!
Chuck & Cindy