There's a lot going on in NC! We have the new Cancer Center and Medical Pavillion being built at Duke University Hospital which will generate over 1000 jobs when complete! This will certainly stimulate or local economy and provide growth throughout Durham and the surrounding counties. The question would be where are these new Duke employees going to park? If you've ever been to the Hospital you know that parking is quite an issue.
Orange Charter School in Hillsborough is building new gym which should be complete by the beginning of the opening of school in August. We are very excited to have accomplished this goal as well! We are a K-8 school with wonderful teachers, parents and staff. The website is www.orangecharterschool.org if you are interested.
There is also a 55+ community being construced as we speak within walking distance of the school. They will be taking applications very soon. If you need more information or a phone number for this new community please let us know.
UNC is also building a new hospital just off of Highway 86 in Hillsborough. This too, will stimulate growth and provide another option in medical care to our area.
Keller Williams Realty in Burlington will be hosting an OPEN HOUSE on Tuesday, June 22 at 11:00 a.m. to celebrate the new location! It will be an exciting and wonderful time for our agents! Come check our our new office!
If you know someone moving to our area please have them contact us at www.fowleradvantage.com or call at 919-810-7268 or 919-260-2713 and we will be happy to help them relocate to this wonderful area!
Before - The Short Sale Or Foreclosure
If you are or if you know someone in trouble with their ability to pay their mortgage, some good avenues for advice in North Carolina are:
1) Call the NC Commissioner of Banks in Raleigh (open Monday - Saturday)
316 W. Edenton Street, Raleigh, NC 27603 - Phone (888) 384-3811, Fax (919) 733-6918 - share your situation and get advice on what you need to do.
2) Hope Now Program - 1-888-995-HOPE or www.hopenow.com.
3) Talk to local short sale attorney or bankruptcy attorney.
4) Talk to a CPA regarding tax consequences.
5) Call Loss Mitigation at Bank, this department can offer different loan work-out programs such as
1) Forebarance by lender (the seller stops making payments for a period of time and these payments are added to the end of the loan;
2) A repayment plan;
3) Loan modification (rate % decrease);
4) Short Sale (which takes 3-5 months (or longer sometimes) to hear back from the bank on approval) or;
5) Partial payment from your mortgage insurance company.
NC Loss Mitigation Department Telephone Numbers:
Ameriquest (800) 211-6926
Bank of America (716) 635-2982
Chase Manhattan Mortgage Corp (800) 446-8939 x 3553
CitiMortgage (636) 256-5088
Countrywide (888) 435-3102
GMAC (800) 850-4622
US Bank (888) 780-3997
Wells Fargo (866) 261-5642
House lawmakers approved a $6 billion measure that aims to provide rebates
to homeowners who invest in energy efficiency improvements. The bill,
officially known as the Home Star Energy Retrofit Act but better known as
'cash for caulkers,' has been touted by President Obama since December as
one of the signature pieces of his administration's larger job-creation
strategy. The act 'is a common-sense bill that will create jobs, save
consumers money, and strengthen our economy,' President Obama said after the
House passed the measure. 'We have workers eager to do new installations and
renovations, and factories ready to produce new energy-efficient building
supplies.' House Speaker Nancy Pelosi, D-Calif., estimates that the
legislation will create nearly 168,000 jobs in construction, manufacturing,
and retail. The vote simply authorizes the creation of the program; it does
not appropriate the funds needed to run it. Source: Associated Press
Unmarried women accounted for 21% of home purchases in 2009, while unwed
males were 10% of the buyers, according to a National Association of
Realtors report in November. It's a dramatic shift from 1981, the first year
the numbers were tracked, when single women and men each accounted for 10%
of home sales. Single women have held steady at the 20 % mark for more than
five years, yet when the Urban Land Institute hosted its annual real-estate
conference in late April, analysts had to remind the audience to expect big
numbers from young, single female buyers. 'I've given some of my
[home-building] clients lessons on how to be gender friendly,' said Brooke
Warrick, president of the market research firm American Lives. He reminded
sellers to treat young women as viable buyers, not bystanders, by doing
something as simple as handing them a brochure when they enter a for-sale
home. These women tend to stake their claim on homes in the
1,700-square-foot range predominantly in the Washington, D.C., California
and Texas markets, Warrick said. After segmenting the market, Warrick
noticed that young women, especially those rooted in secure industries like
health care, make more money than their male peers. Source: MarketWatch
Can it be possible? Despite the housing bust and high foreclosure rates, in
some areas real estate agents are complaining that they don't have enough
homes to sell. There is currently an eight-month supply of homes on the
market, meaning that, at the current sales pace, it would take eight months
to run through the backlog. That's still a lot compared to the six-month
supply that is expected in a normal market, but it is much better than it
was. In March, there were nearly 2% fewer homes on the market than there
were a year ago, and 21.7% fewer than the record of 4.6 million in July
2008. In some areas, supplies are even bidding-war tight. In Denver, for
example, supply has fallen to 5.7 months from 6.2. In Phoenix it has
declined to 4.5 from 5.2; and in San Francisco inventory has halved, to 3.2
months from 6.5 last March. In California, almost all cities have a short
supply of single-family homes. That's especially true in the lower-priced
categories, according to Leslie Appleton-Young, chief economist for the
California Association of Realtors. The supply of homes that sell for less
than $300,000 is at 3.2 months statewide, down from an already low 3.3 month
supply 12 months ago. Inventory of moderately priced homes, those between
$300,000 and 500,000, fell to 4.2 months in March, down from 4.5 months in
March 2009. There are plenty of more expensive homes in California, but this
inventory is going quick: inventory for million-dollar-plus homes has
dropped from 21.6 months to 10.9 months. Source: CNN/Money.com
Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1 percent above March 2009 when it was 85.0; this follows an 8.3 percent increase in February. The data reflects contracts and not closings, which usually occur with a lag time of one or two months. Lawrence Yun, NAR chief economist, said favorable affordability conditions have been working with the tax credit. Clearly the home buyer tax credit has helped stabilize the market. In the months immediately following the expiration of the tax credit, we expect measurably lower sales, he said. Later in the second half of the year, and into 2011, home sales will likely become self-sustaining if the economy can add jobs at a respectable pace, and from a return of buyer demand as they see home values stabilizing. Source: National Association of Realtors
When a condo developer goes into bankruptcy, owners of previously sold units can be left with some troubling questions. Here are the answers to a few of them: If the lender buys title to the property at the auction sale, a frequent occurrence, the law considers the lender just like it does other owners and requires that the lender pay the monthly assessment; The lender who buys the units also would be responsible for the taxes on the units he owns; A clubhouse or similar property would be jointly owned by all the owners of all units and taxed as part of the value of those units. Source: Charlotte Observer
The expiration of the home buyer tax credits won't deter optimistic households who believe the market is improving, according to a survey released by Prudential Real Estate and Relocation Services. More than 90 percent of those surveyed believe the home buyer tax credits have helped both first-time buyers and the overall housing market, but 65 percent say that end of tax credits won't reduce their personal interest in buying a home. Over the next five years, 79 percent expect real estate prices to increase and 20 percent expect prices to rise substantially. Only 12 percent believe prices will decrease. Among renters, 75 percent believe owning a home is a better long-term choice for them than renting. The majority of consumers also believe that homeownership is a good investment, with 75 percent saying it is better than stocks or bonds, 72 percent preferring it to mutual funds, and 74 percent saying it surpasses savings accounts. Source: Prudential Real Estate and Relocation Services, Inc.
1919 S. Church Street, Burlington, NC
Thursday, May 13
4:00 - 7:00 p.m.
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Welcome to the Beautiful Triangle Area, just 3 hrs. to the ocean and 3 to the mountains! Come see the views in Orange and Alamance Counties! ActiveRain.com/fowleradvantage
My Husband Lee and I work as a team. Having a great sense of humor and honesty is what makes us who we are. If you are buying or selling a home and need a grounded people to help make the experience less stressful, more exciting, and hopefully even fun, you should call us. We know persistence and patience are very important aspects of the entire process. We will help navigate your needs from start to finish safely, efficiently and with care and diligence. We can provide important resources such as home inspectors, attorneys, lenders, and other necessary contacts. We truly believe the best service we can provide is to anticipate your needs. We will provide you with a list of references if you wish. Feel free to contact past and current clients, co-workers, friends and employers of ours to get to know us better. We have lived in the Triangle area all of our lives. I grew up in Wake Forest and Lee in Hillsborough. I have been in real estate for 6 years now, Lee joined the business earlier last year. We have two wonderful, very energetic and bright 9 and 11 year old boys. Lee is also a local plumbing contractor and has over 20 years experience in the home construction industry. We attend Sunrise Church in Hillsborough. We know we are truly blessed to be living in such a wonderful place as North Carolina and we promise to treat you according to "the golden rule". We will put you first, listen carefully to your needs and give you peace in knowing you can trust us in every aspect of buying or selling a home. We would especially like for you to find comfort in the fact that you don't have to do it by yourself. We would love an opportunity to provide the best in real estate service, counsel and knowledge for you.
What Is A House? A house is more than a place to put your feet up and watch TV. It represents belonging and offers placement in a crowded world. Have you ever met anyone who didn't at some point ask "Where do you live?". A home represents or most heartfelt relationships. It offers a safe haven from storms; it's where we have dinner with our family and a place that offers us privacy. It holds all of our "stuff"; it's where we entertain our friends and it's where, at the end of the day, we can lock the door and sleep peacefully. It's where we belong... Let us help you find your place of belonging or provide the personal touch and service required in the many steps in selling the place where you've held so many memories.
The Keller Williams Belief System
Here are some of our areas of expertise:
Chapel Hill sits on a lofty hill, shaded by ancient oak and poplar trees. It is home to the University of North Carolina at Chapel Hill, our nation's first state university. Chapel Hill has a variety of cultural attractions, great dining and a lively downtown. It is the largest municipality in Orange County and has been referred to as "the Southern Part Of Heaven". It can best be summarized as having the best of small town living in a unique cosmopolitan environment. Chapel Hill was named after the New Hope Chapel, which stood upon a hill at the crossing of two primary roads. Town lots were auctioned in 1793, when work began on the first building of the university, although it was 1795 before residents occupied any as permanent homes. Today the population of about 50,000 is diverse, consisting of professors, students, business people and retirees from all over the world, not to mention the native Chapel Hillians. Day and night the streets are filled with people enjoying a great variety of shopping, dining and entertainment options. For more information on Chapel Hill visit www.chocvb.org. As as always your more than welcome to give either one of us a call!
Hillsborough is in Orange County and has a sense of place that provides a special destination for any visitor. Whether you need a quick getaway or a long vacation, the communities of Orange County welcome you to share their history and become a part of the experiences they offer. Hillsborough was the scene of many dramatic events prior to the Revolutionary War and during the Civil War. Its downtown historic district features over 100 late 18th and early 19th century homes, churches and buildings, several of which are open to the public. The population of Hillsborough is about 5,700 residents which appreicate the quaintness and friendliness of their small town, but also enjoy its fast, convenient access to other Triangle-area cities via Interstates 85 and 40, which run through or near the town limits.
Today, Hillsborough encompasses residential neighborhoods, a large historic district and a considerable number of retail and business areas that emphasize antiques and craft shopping. The town prides itself on being as hospitable as it is visually attractive. For more information on Hillsborough visit www.ci.hillsborough.nc.us. Or give us a call!
Durham is a great place to live, work and own a business. The awards and accolades keep pouring in for this beautiful area. Each year, awards for all aspects of living and working in the greater Durham area are given by a variety of sources. The word is out - Durham has it all and is a terrific place to call home.
Duke University Medical Center is located in Durham and has consistenly been named one of the nation's best hospitals, maintaining a sixth-place ranking for five straight years on the U.S. News and World Report list. It has also received a five-star (the highest) rating for coronary bypass surgery. Durham Regional Hospital received the same five-star rating for excellence in women's health from Health Grades Inc. Overall the area is a great, healthy choice when looking for a place to live. Outlook Magazine ranked the Raleigh-Durham/Chapel Hill area as the second-healthiest place to live in America.
It isn't all work in Durham, however. The fun side of life is also receiving national attention. The American Dance Festival was named one of the Southeast's Top 20 Events held in April, May and June by the Southeast Tourism Society, and the Annual Native American Powwow is on the Top 20 list for January, February and March in 2005.
Business is thriving in the City of Durham. The prime location, enviable quality of life, low cost of living and doing business, and a workforce comprised of individuals from a variety of backgrounds make it a great place to own a business.
Companies from around the world have come to Durham to expand their business and join with the startup companies that have always called Durham home. A good mix of large and small businesses with a variety of research and manufacturing bases make the area a sucess. The biotechnology sector in the greater Durham area is also thriving. The North Carolina Biotechnology Center, a non-profit corporation funded by the North Carolina General Assembly, works with biotechnology firms to provide long-term enconomic benefits. The center focusses on assisting biotechnology business development, strengthening the biotechnology capabilities of the state's universities, educating the public about biotechnology, encouraging collaborations among the state's universities, industries and government and strengthening the state's leadership in biotechnology.
The real estate market in Durham is much like the rest of life in this city: full of variety. There are new homes and historical homes, apartments, and twin homes. You can live in the heart of the action downtown or move a bit further out into the suburbs. Choose from homes lining public and private country clubs and golf courses to homes in planned communities. Graceful Southern mansions, contemporary deck houses and everything in between are awaiting the potential home buyer in Durham. For more information about Durham visit www.durham-nc.com. Or give us a call!
Mebane, a business center straddling the county line to the west, was founded in 1809 with a post office and became a mill town after the railroad line and a station were built there in 1855. It was incorporated as a city in 1881, the year the former Hickory-White Furniture Company was established.
Today, Mebane is home to more than 30 industrial facilities and has a population of about 7,500 and growing. It is easily accessible to Interstates 85 and 40 and US Highway 70, and offers visitors recreational facilities at the 650-acre Quaker Lake now known as Graham/Mebane Lake to the northwest and the 200-acre Lake Michael Park to the east. Graham/Mebane Lake serves as a raw water source for the cities of Graham and Mebane. The lake supports one of the best catfish populations in the area with the lake record channel catfish (caught in 1985) weighing in at 19 3/4 pounds. The lake consistently produces trophy bass throughout the year with the lake record largemouth weighing in at 12 pounds. Attractions and activities offered at Graham/Mebane Lake are boat or pier fishing, designated bank fishing, tackle loaner program, pleasure boating, sailing, launching ramps, water skiing, seasonal permits, concessions and miscellaneous supplies. Lake Michael Park offers fishing, boating, paddle boats, playground fun, sand volleyball, overnight group camping. The park is open to the public mid-March until the end of October, weather permitting.
Mebane also offers a Christmas Parade, Sports Hall of Fame Gala, Easter festivities, Fall Festival, 4th of July Family Music Festival, annual Dogwood Festival, and live music concerts and dances throughout the year.
Neighborhoods range from modest to elegantly Victorian. Recent planned communities, such as the 650-acre Mill Creek, offer several distinct neighborhoods with homes ranging from no-maintenance villas to single-family detached that nestle around a golf course. For more information about Mebane visit www.cityofmebane.com. Or call us!
The Town of Wake Forest grew up around the site of Wake Forect College. It got its start in the 1820's when Dr. Calvin Jones sold his 600-acre plantation to North Carolina Baptists to begin an institute that would educate practicing ministers of the church, as well as boys and young men.
At first, the campus consisted of Dr. Jones' plantation house (which still stands), and two dozen outbuildings. Later, impressive brick buildings and a park-like landscape emerged. Businesses began to spring up on campus to support the needs of students and staff. Lots were later sold by the College to commercial developers. Wake Forest College became a train stop in 1872.
Over time, the Town of Wake Forest developed it own identity and was fully incorporated in 1909. By then, many businesses were being set up to serve customers beyond the college community including a cotton mill, iron founderies, a cotton gin and wood planing mills. Commercial and college growth resulted in the building of many residential neighborhoods, including Faculty Drive(North Main Street) and the Royal Cotton Mill Village, both of which are designated historic districts.
The most dramatic impact on the town occurred in 1956 when the college moved to a new campus in Winston-Salem. The town's economy faced an annual loss of millions of dollars, and many people especially college support staff, lost their jobs.
In time, Wake Forest was successful in enticing new industries and new residents. The campus of Wake Forest College is now home to Southeastern Baptist Theological Seminary, one of the town's largest employers. Today, Wake Forest continues to grow and prosper, with a community focused on maintaing its small-town charm. For more information about Wake Forest visit www.wakeforestnc.gov. Or give us a call!
Whenever Roxboro is mentioned to newcomers, many people think of family farms and small town living. Person County has its own distinct history that makes it unique and special. Person County is located in the Northern Piedmont section of North Carolina. There are several watercourses in the county which include Hyco (3,750 acre lake with a 65-acre park that provides camping, picnicking, boating, fishing, swimming, water skiing and tennis opportunities) and Mayo (85 miles of shoreline, includes more than 2,800 acres of water surrounded by 120 acres of park)lakes, plus the Tar and Flat rivers. Person County also claims two small mountains: Mt. Tirzah and Hagar's Mountain.
Before the Civil War, Person County was a well-established plantation center. The early farming consisted of tobacco, cotton, corn, wheat, oats, fruits, vegetables, cattle, hogs, and sheep, most of which are still produced today. Person County has seen many changes in the social and economic ways of life, but for years it has offered a well-balanced community ofindustry and agriculture.
Roxboro is home to several famous athletes, including current PGA Senior Jim Thorpe. Perhaps the community's most famous athlete was Baseball Hall-of-Famer Enos Slaughter, who played in the Major Leagues from the 1930s-1950's. For more insights from the past you can visit the Person County Museum of History, located at 309 Main Street. The museum is open Tuesday-Saturday 10-2.
Housing options for residens of Roxboro and Person County are many. From large and small estates to mini farms and typical neighborhoods, from luxurious lake homes to recreational getaways, you can find a house to meet your tastes and needs in Person County. Home prices in Person County can range anywhere between $75,000 for a starter home up to $650,000 for a luxurious lakefront property.
Companies who visit here encounter a unique and refreshing approach to industrial development, and they find that the city and county governments work estremely well together. They have a top-notch existing industry base, very competitive tax rates, a strong public school system, and an excellent community college that provides a continuous flow of technically trained workers for industrial residents. For more information about Roxboro visit www.visitroxboronc.com. Or call us!
Graham is located in the center of Alamance County. This occurred as a result of the decision to split Orange County. Graham is centered around a courthouse square. Graham is named after previous Governor William A. Graham of Hillsborough. The first town water works and electrical plant were constructed in 1904. In December of 1905 the streets of Graham experienced electricity. Graham has survived many changes while still maintaining the feel of a small, quaint town. The current population is 11,955. The City of Graham is also home to numerous well known industries, fields of hosiery, plastics, electronics, and metal works.
Today Graham is still growing in population and new homes. It offers recreational activities and parks. The newest park in Graham features the original bell from the original courthouse.
Graham's a wonderful place to live if you like small town living and charm. Downtown offers shops, businesses, and even a theater. It truly does have a "Mayberry" feel. For more information about Graham call us or visit www.cityofgraham.com.
Craig & Christina
""Teresa Fowler is the best there is. She is trustworthy, steadfast, and truthful. She has that rarest of all gifts, which is the ability to understand what it is her clients want. It is possible to communicate with her and this, combined with intelligence, tremendous energy and great skill, makes for the ideal real-estate agent. And I can say another thing. If you give Teresa a change she will not only find you a house or help you sell one, she will become your friend, too."
Mary Beth
"Teresa was there for me every step of the way! Starting with showing me homes, I was specific in what I wanted and where I wanted it, and she only showed me what I was looking for in the area that I was looking for. She was constantly looking for new listings for me and would e-mail me when they came on the market. When I saw a property while I was out, she would immediately look it up for me and get back to me with the specifics. She spent several days showing me homes and spent so much time with me. She was there for me all along, even coming in on Mother's Day so I could make an offer before I went out of the country on a trip. She was working for me, even while I was out of the county so I would not lose the home that I wanted. Teresa attended my home inspection with me and set up evey other inspection I needed. She got me the home I wanted at the price I wanted and even negotiated the date that I wanted to move in. I would recommend Teresa to anyone buying or selling a home and I will definitely call her again if the need arises!"
David & Janice
"We cannot imagine anyone being any more diligent, thorough, and as helpful as Teresa and Lee were. They tirelessly searched for the "right" property for us. They were patient and their knowledge of their profession was evident. If we need the services of a Realtor again, we will definitely call either of them!"
Johnny
"Teresa and Lee truly made life easier when I needed to sell my home. They took care of every aspect of the transaction with amazing detail and professionalism. If you need Realtors with knowledge, understanding and trust call them. They were also beneficial in finding my new home with the same level of professionalism and knowledge. I could not be more thankful."
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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