February 2017 Petit Home Team Newsletter

February 2017 Petit Home Team Newsletter

February 2017 Petit Home Team Newsletter

1. Petit Home Team NEWS

2. Help Clients Avoid House-Hunting Drama

3. Just Listed/Sold properties

4. 

1. Petit Home Team NEWS

2. Help Clients Avoid House-Hunting Drama

Moving is one of the most rewarding, but also one of the most stressful situations that a person can go through. To make the house-hunt a little less stressful, real estate pros offer the following tips:

1. Determine what you want upfront, and stick to that criteria.

What are your non-negotiables? What location do you desire? What educational opportunities are important? What do you want your daily commute to be? And what price are you willing to pay? “The first step to avoid house hunting drama is to really sit back and think about what is most important to you. This will narrow down your scope so you are not looking at hundreds of homes, just the ones that fit in your criteria. … Looking in an area that’s not going to provide the home type that you want is going to cause frustration.”

2. Get pre-approved for a mortgage.

Avoid delays once you do find a home by getting your loan pre-approved. “If there is any issue, it is identified early on in the process and not the moment that you’re trying to submit a contract on the property. Also, you’ll know your numbers and how much to expect on a monthly payment to make sure you’re house-shopping within your price range.

3. Communicate.

Share with your real estate agent the biggest stressors and fears you have in the home-buying process. “The more open the client is with the agent, the less drama is going to present itself in the transaction. You have to trust your agent and relate to them as a confidant, as an ally.”

4. Don’t linger too long.

Procrastination causes drama. For home buyers on a deadline, professionals recommend beginning four to six months ahead of time to start learning more about the market. Plus, with mortgage rates forecasted to move higher this year, buyers who wait too long may find what they can afford lessen. Have the right expectations, or else you’re setting yourself up for frustration.

3. Just Listed/Sold Properties

19740 Feriba Place #0, Cornelius NC 28031

$134,000

Fantastic 1st floor condo for sale with awesome location in Cornelius! Located across the street from booming developments in Antiquity.Private entrance leads into tiled kitchen with bar/counter top. Unique glass cabinets and tile back-splash give distinct character to the home. Hardwood laminate floors in living rm w/electric fireplace heater. 2 large bedrooms w/ carpets and closets.Master bathroom has huge tub!First floor laundry room in hallway.Condo development has wonderful pool!Call today!

http://www.tourfactory.com/1701785

112 Haley Court, Mooresville NC 28115

$399,900

Spectacular all brick Ranch home sitting on almost 2 acres of land in desirable Mooresville,with a 5 car garage!Cul-de-sac location in Serene Lake,features huge yard,detached garage/workshop,back deck.Stone porch entrance welcomes you into foyer w/hardwood floors throughout.Granite kitchen w/tile back splash and stainless appliances.Kitchen sun room overlooks yard.Stone fireplace in living rm w/vaulted ceilings and walkout to deck.Hardwood floors in dining rm and extra wide hallways.Call today!!

http://www.tourfactory.com/1701734

153 Settlers Haven Road, Cleveland NC 27013

$207,000

SOLD

132 Mangum Circle #213, Mooresville NC 28117

SOLD

November 2016 Petit Home Team Newsletter

November 2016 Petit Home Team Newsletter

1. Petit Home Team NEWS

2. Seven Reasons to Own A Home

3. Just Listed/Sold properties

4. Payment Assistance Program

1. Petit Home Team NEWS

The new golf course in Mooresville has completed their renovation and is now open! Featuring a new name: Mooresville Golf Club. I have been lucky enough to play on this course a few times with my father and would like to give my review.

The first hole is a par 5 that gets you in the swing of things right from the very start! The fairways are long and narrow with several sand bunkers throughout. This makes each shot challenging as you must think ahead and prepare for your next shot.

The greens are extremely well kept and fast. Be prepared to see balls keep on rolling! The 7th hole is the courses signature hole, a par 3. Don't miss right, left, back or front! This course really test your patience and is very important to hit the ball straight. The back 9  has several holes that are a long distance and challenging. A good mixture of par 3,4 and 5's.

Overall I really love this course! A fun and challenging course for players of all levels. See you on the links!

http://ci.mooresville.nc.us/616/Golf-Club-Memberships

2. Seven Reasons to Own A Home 

7 Reasons to Own A Home

1. Tax benefits. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, and some of the costs involved in buying a home.
2. Appreciation. Historically, real estate has had a long-term, stable growth in value. In fact, median single-family existing-home sale prices have increased on average 5.2 percent each year from 1972 through 2014, according to the National Association of REALTORS®.  The recent housing crisis has caused some to question the long-term value of real estate, but even in the most recent 10 years, which included quite a few very bad years for housing, values are still up 7.0 percent on a cumulative basis. In addition, the number of U.S. households is expected to rise 10 to15 percent over the next decade, creating continued high demand for housing.
3. Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.
4. Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.
5. Predictability. Unlike rent, your fixed-rate mortgage payments don’t rise over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will likely increase.
6. Freedom. The home is yours. You can decorate any way you want and choose the types of upgrades and new amenities that appeal to your lifestyle.
7. Stability. Remaining in one neighborhood for several years allows you and your family time to build long-lasting relationships within the community. It also offers children the benefit of educational and social continuity.

3. Just Listed/Sold Properties

115 Tilton Drive, Mooresville NC 28115

$247,500

Under Contract

 Spectacular 4 bedroom (5th bonus) 2.5 bath home located in desirable Bennington subdivision in Mooresville. Brand NEW carpets (installed 10/2016) cover the entire second floor. Grand foyer entrance leads into open layout, main level with granite kitchen and dining area. Living room boasts built in cabinets and gas fireplace. French doors open up to office/den. Hardwood floors are on the entire first floor. Large, private back yard w/huge patio area for outdoor entertaining and 2 car garage. Great location!!

http://www.tourfactory.com/1659556

Pintail Road, Mooresville NC 28117

$55,000

SOLD

173 Altondale Drive, Statesville NC 28625

$152,000

SOLD

4. Payment Assistance Program

       

704-728-6944

www.PetitHomeTeam.com

December 2015 Petit Home Team Newsletter

December 2015 Petit Home Team Newsletter

1. Petit Home Team NEWS

2. Winter Holidays Around The World

3. Take a ride on The Polar Express

4. Seven Reasons To List During The Holidays

1. Petit Home Team NEWS

The Thanksgiving and Christmas parades going on this time of year are really great at getting you in "The Spirit". It was enjoyable watching the Macy's day parade with my family and seeing the huge floats, antique cars, dancers and marching bands perform. It was a long holiday weekend that was spent with family and friends!

We were inspired by the pageant winners in the Mooresville parade to award Madi as our first Miss Petit Home Team! Bob's only grand-daughter has given us many reasons to smile this year :) She made honor roll getting all A's and B's on her report card. She started in Acro Fitness and has made big improvements in only a month... and she is a really wonderful girl who puts a smile on anyone's face that she meets.

The Petit Home Team wants to say THANK YOU to all of our wonderful clients this past year.  2015 has been a fantastic year for our team as we expanded by adding Mike, Kenda and Jitka. We strive to improve our communication, service and marketing so that each client working with us will ensure a positive experience in Real Estate. God bless you and have the best Christmas ever!

2. Winter Holidays Around The World

From Christmas to Diwali: During the winter time in the United States, we start decorating in typical Christmas colors of red and green with wreaths, lights and ribbons.  However, there are so many more winter holidays that exist around the world- and we would like to share a few with you today! 

Christmas: Celebrated all around the world, Christmas falls on December 25th each year to celebrate the birth of Jesus Christ. The word “Christmas” literally means “Christ’s Mass”.

Christmas tree decorated with lights and ornaments is usually a staple to the house, particularly in the United States.

Hanukkah: Chanukah, is an eight-day Jewish holiday that celebrates the rededication of the Holy Temple in Jerusalem after the Maccabean Revolt (2nd century BCE). The holiday is observed for eight nights and days, and because it starts on the 25th day of Kislev on the Hebrew Calendar, it can fall anywhere from late November to late December on the Gregorian calendar.

Kwanzaa: This is a week-long holiday celebrated in communities in the United States and Canada, as well as in the Western African Diaspora to honor African heritage in African-American culture. Created by Maulana Karenga in 1966, it is observed from December 26-January 1, and ultimately ends with a feast and the exchange of gifts.

Las Posadas: With its origins in Spain, Las Posadas is a nine-day celebration that is now primarily celebrated in Mexico, Guatemala, and parts of the Southwestern United States. The roots of this holiday are in Catholicism.

Diwali: This past year, this five-day Hindu festival began on November 13th and is an official holiday in India, Nepal, Sri Lanka, and Myanmar, among others. The festival is also referred to as the “festival of lights” and celebrates both the attainment of nirvana by Mahavira (an Indian Sage), as well as a Death Anniversary of Swami Dayanand (Hindu religious leader).

3.Take a ride on The Polar Express

"All Aboard" The Polar Express at the N.C. Transportation Museum!
http://www.nctrans.org

The North Carolina Transportation Museum in Spencer, NC will bring the popular holiday 

movie "The Polar Express" to life again this season. Children and grown-ups alike will get to

experience the magic of Christmas in a special way.

As the train takes off and heads toward the North Pole there will be plenty of entertainment

on board for passengers to enjoy; from caroling and dancing to a reading of "The Polar 

Express." Hot chocolate and cookies will also be served.

Once the train reaches its destination Santa will present the first gift of Christmas. On the 

return trip, everyone will receive their own silver sleigh bell, heard by all who believe in 

Santa.

Trains will roll out of the station beginning the day after Thanksgiving, Friday, November 28 

and continue every weekend leading up to Christmas. Rides will take place at 4 p.m. and 6 

p.m., as well as 8 p.m. on select dates.

There are a number of different ticket options. Tickets for standard seating begin at $30 for 

adults and $24 per child. (Kids under the age of two do not need tickets.) Be sure to buy 

your tickets early as most Polar Express rides do sell out quickly.

Families are encouraged to wear pajamas like the movie’s characters.

http://www.gocarolinas.com/news/entertainment/all-aboard-polar-express/nhzGs/#sthash.Aju9ocLw.dpuf

4. Seven Reasons to List during The Holidays

1. While there may be less buyers out there, people who look for a home during the holidays are serious ... they are ready to buy!

2. There are fewer homes for buyers to look at during the holidays which means less competition for you ... less competition equals more money!

3. After the holidays the supply of listings increases substantially which lowers the demand for your home ... more competition equals less money!

4. Your home shows better when decorated for the holidays!

5. Many buyers have more time to look for property during the holidays (as opposed to a normal work week).

6. We will restrict the showings on your home to the times you want it shown. You remain in control.

7. You can sell now for more money and not have to physically move until January or February ... as opposed to just starting the whole process at that time. 

       

704-728-6944

www.PetitHomeTeam.com

October 2015 Petit Home Team Newsletter

October 2015 Petit Home Team Newsletter

1.The 10-Best Kept Secrets for Buying a Home
2. Great Pumpkin Fest
3. Just listed/Just sold properties
4. NC Drought Advisory

1.The 10-Best Kept Secrets For Buying a Home

Buying Secret #10: Keep Your Money Where It Is

It’s not wise to make any huge purchases or move your money around three to six months before buying a new home. You don’t want to take any big chances with your credit profile. Lenders need to see that you’re reliable and they want a complete paper trail so that they can get you the best loan possible. If you open new credit cards, amass too much debt or buy a lot of big-ticket items, you’re going to have a hard time getting a loan.

Buying Secret #9: Get Pre-Approved for Your Home Loan

There’s a big difference between a buyer being pre-qualified and a buyer who has a pre-approved mortgage. Anybody can get pre-qualified for a loan. Getting pre-approved means a lender has looked at all of your financial information and they’ve let you know how much you can afford and how much they will lend you. Being pre-approved will save you a lot of time and energy so you are not running around looking at houses you can't afford. It also gives you the opportunity to shop around for the best deal and the best interest rates. Do your research: Learn about junk fees, processing fees or points and make sure there aren’t any hidden costs in the loan.

Buying Secret #8: Avoid a Border Dispute

It’s absolutely essential to get a survey done on your property so you know exactly what you’re buying. Knowing precisely where your property lines are may save you from a potential dispute with your neighbors. Also, your property tax is likely based on how much property you have, so it is best to have an accurate map drawn up.

Buying Secret # 7: Don’t Try to Time the Market

Don’t obsess with trying to time the market and figure out when is the best time to buy. Trying to anticipate the housing market is impossible. The best time to buy is when you find your perfect house and you can afford it. Real estate is cyclical, it goes up and it goes down and it goes back up again. So, if you try to wait for the perfect time, you’re probably going to miss out.

Buying Secret # 6: Bigger Isn’t Always Better 

Everyone’s drawn to the biggest, most beautiful house on the block. But bigger is usually not better when it comes to houses. There’s an old adage in real estate that says don’t buy the biggest, best house on the block. The largest house only appeals to a very small audience and you never want to limit potential buyers when you go to re-sell. Your home is only going to go up in value as much as the other houses around you. If you pay $500,000 for a home and your neighbors pay $250,000 to $300,000, your appreciation is going to be limited. Sometimes it is best to is buy the worst house on the block, because the worst house per square foot always trades for more than the biggest house.

Buying Secret #5: Avoid Sleeper Costs

The difference between renting and home ownership is the sleeper costs. Most people just focus on their mortgage payment, but they also need to be aware of the other expenses such as property taxes, utilities and homeowner-association dues. New homeowners also need to be prepared to pay for repairs, maintenance and potential property-tax increases. Make sure you budget for sleeper costs so you’ll be covered and won’t risk losing your house.

Buying Secret #4: You’re Buying a House – Not Dating It

Buying a house based on emotions is just going to break your heart. If you fall in love with something, you might end up making some pretty bad financial decisions. There’s a big difference between your emotions and your instincts. Going with your instincts means that you recognize that you’re getting a great house for a good value. Going with your emotions is being obsessed with the paint color or the backyard. It’s an investment, so stay calm and be wise.

Buying Secret #3: Give Your House a Physical

Would you buy a car without checking under the hood? Of course you wouldn’t. Hire a home inspector. It’ll cost about $350 but could end up saving you thousands. A home inspector’s sole responsibility is to provide you with information so that you can make a decision as to whether or not to buy. It’s really the only way to get an unbiased third-party opinion. If the inspector does find any issues with the home, you can use it as a bargaining tool for lowering the price of the home. It’s better to spend the money up front on an inspector than to find out later you have to spend a fortune.

Buying Secret #2: The Secret Science of Bidding

Your opening bid should be based on two things: what you can afford (because you don’t want to outbid yourself), and what you really believe the property is worth. Make your opening bid something that’s fair and reasonable and isn’t going to totally offend the seller. A lot of people think they should go lower the first time they make a bid. It all depends on what the market is doing at the time. You need to look at what other homes have gone for in that neighborhood and you want to get an average price per square foot. Sizing up a house on a price-per-square-foot basis is a great equalizer. Also, see if the neighbors have plans to put up a new addition or a basketball court or tennis court, something that might detract from the property’s value down the road.

Today, so many sellers are behind in their property taxes and if you have that valuable information it gives you a great card to negotiate a good deal. To find out, go to the county clerk’s office.

Sellers respect a bid that is an oddball number and are more likely to take it more seriously. A nice round number sounds like every other bid out there. When you get more specific the sellers will think you've given the offer careful thought.

Buying Secret #1: Stalk the Neighborhood

Before you buy, get the lay of the land – drop by morning noon and night. Many home buyers have become completely distraught because they thought they found the perfect home, only to find out the neighborhood wasn’t for them. Drive by the house at all hours of the day to see what’s happening in the neighborhood. Do your regular commute from the house to make sure it is something you can deal with on a daily basis. Find out how far it is to the nearest grocery store and other services. Even if you don’t have kids, research the schools because it affects the value of your home in a very big way. If you buy a house in a good school district versus bad school district even in the same town, the value can be affected as much as 20 percent.

2.Great Pumpkin Fest

                                            

Carowinds, Charlotte, NC,,, It's fall, and that means it is time for spooktacular fun at the Great Pumpkin Fest. During the daytime, Planet Snoopy is transformed into the ultimate fall festival, full of frightful fun for kids and their families. In addition to all of your favorite rides and attractions, you'll enjoy an exciting compilation of shows, attractions and interactive activities throughout the day. The Great Pumpkin Fest runs Saturdays & Sundays from Sept.19 - Nov.1.Halloween activities are from 11:00am - 5:00pm, visit www.carowinds.com 

for more details.

https://www.carowinds.com/fall-festival/hours-directions/the-great-pumpkin-fest-hours/?mobile=0

3. Just listed/Just sold properties

137 Dannyn Grove Court, Mooresville, NC 28117

$247,500

http://www.tourfactory.com/1428598

Traditional 2 level home located on a cul-de-sac in a great location of Mooresville!  Home features 4 bedrooms plus a bonus room, 2 full baths and 1 half bath, kitchen with dining area, and a fireplace in the family room. The home also includes a porch, patio, and an attached garage.

1914 Ora Drive, Statesville, NC 28625

$125,000

http://www.tourfactory.com/1425033 

All brick 1 level home sits on over an acre of land! Home features 3 bedrooms, 1 bath, kitchen with dining area. Fireplace in Family room. New laminate wood floors in kitchen and bedrooms. Very large lot with possibilities to expand. Great location in Statesville!

1237 Lizzy Lane, Salisbury, NC 28147

$429,900

This home is an absolute beauty and loaded with features making this home a must see! Located on a quiet cul-de-sac, this spectacular traditional 1.5 story brick home in the Davis Farm subdivision near Salisbury, NC features 3 large bedrooms, 2 and a half baths on the main floor, a bonus room with a 1/2 bath above the 3 car garage and a large, unfinished basement. This home has a security system, is professionally landscaped with an irrigation system.

SOLD

129 Glade Valley, Mooresville, NC 28117

Congratulations to Angela and Jason Leighton!

SOLD

5436 Kerry Lane, Charlotte, NC 28215

Congratulations to Joy Lucas!

SOLD

212 Whispering Hills Dr, Locust, NC 28097

Congratulations to Emily and Preston Munger!

SOLD

106 Aberdeen Dr, Troutman, NC 28166

Congratulations to Tut and Martha!

4. North Carolina Drought Advisory

Iredell County and Mecklenburg County are D1 Moderate Drought Conditions.

http://www.ncdrought.org/

Released: October 1, 2015

The North Carolina Drought Advisory issued by the Drought Management Advisory Council has been updated to reflect drought conditions on September 29, 2015 indicated on the weekly U.S. Drought Monitor of North Carolina.  Until further notice, the NCDMAC strongly urges the implementation of drought response actions.

• (D1) Moderate drought conditions.
• The NCDMAC advises all water users in the counties that are indicated on the US Drought Monitor Map as suffering from Moderate Drought (D1) conditions to enact the following precautions in addition to previous advisories until further notice:

• Adhere to local water use restrictions.
• Participate, as appropriate, in regional and local coordination for the management of water resources.
• Stay informed on drought conditions and advisories (www.ncdrought.org).
• Project water needs and available water supply for a ninety day period from the issuance of this advisory.
• Assess your vulnerability to the drought conditions and adjust water usage to prolong available supply.
• Inspect water delivery system components (e.g. irrigation lines, fixtures, processing equipment, water system lines, etc.), repair leaks and ensure that existing equipment is operating as efficiently as possible.
• Minimize nonessential uses of water.
• Implement available public awareness and educational outreach programs emphasizing the need to conserve water.

       

704-728-6944

www.PetitHomeTeam.com