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Open House! Charming 3 bedroom home near Charlotte! At $164,900, you will fall in love with this lovely 3 bedroom, 2 bath home in Mount Holly, NC! Walk to downtown Mount Holly for shopping, eating, banking! Enjoy the friendly atmosphere! 10 minute drive to US National Whitewater Center! 15 minutes to Charlotte Douglas International Airport! 20-25 minutes to DT Charlotte! This home has it all! Open living and dining rooms with hardwood floors and masonry fireplace! Kitchen newly updated with granite countertops and stainless appliances! Opens to sunny breakfast! 3 bedrooms! 2 full baths! A delightful porch for rocking, sitting, or just admiring the landscape! Fenced backyard with tons of space to play or relax! Stop by the Open House this Sunday from 2 - 5 PM! Do not miss this fantastic opportunity!
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Fortunately, there seem to be fewer foreclosures in Gaston County right now than previously. I'm hoping that that is a sign that our economy is improving! Foreclosures can be a great way to obtain property at below market value. They are a sad reflection on our economy, however.
Foreclosures occur when a homeowner has stopped paying the mortgage. The bank, through a series of legal moves, "takes back" the property, removing the residents, and either selling the property on the courthouse steps directly to a buyer, or through a real estate agent. This process is a bit more standardized than a short sale, but still a bit difficult. The property is sold "as is" and there are very specific rules that must be followed. Again, the purchaser typically obtains the property at a discounted price, although property condition can vary widely.
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Buying short sales is becoming a commonplace part of our market. Short sales occur when the buyer is behind on mortgage payments and is trying to sell the house before foreclosure begins. If the lender will agree to take less than is owed on the property, they are selling "short." Because the foreclosure process is lengthy and therefore expensive for the lender, it is often cheaper to sell a property short than to lose additional money by foreclosing. The homeowner has to substantiate the reasons for the short sale and the lender has to agree to the lower price. It is a time-consuming process, but for a buyer without a tight timeline, often proves quite beneficial. The key is patience. On both the buyer's and seller's parts.
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Holly Ridge, Charlotte - Announcing a price reduction on 8339 Christmas Court, a 1,400 sq. ft., 2 bath, 2 bdrm townhouse. Now 
MLS® $109,900 - What a wonderful deal!.
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• 4,997 sq. ft. other - MLS® $850,000 - Cash cow!
Downtown, Belmont - Incredible investment! 7 units with ultra-flexible possibilities! Sizes range from 533 sq ft to 1238 sq ft. Flexible truss system enables wall movement and rearranging. Live and work here yourself and lease the rest or lease the entire building! Within walking distance (1 block) of beautiful downtown Belmont with shopping and restaurants! 15 minute drive (7 miles) to Charlotte Douglas International Airport! 13 miles to Charlotte uptown city center.
Brick construction;floors are hardwood, ceramic tile, marble and carpet. Units wired for security, internet and telephone. Some units with full baths, kitchenette and/or full kitchen!
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Downtown, Belmont - Announcing an investor's dream at 104 Kenwood Drive, Belmont, NC, a 4,997 sq. ft. other. Now MLS® $850,000 - Cash cow!.
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Deertrack, Mount Holly - Announcing a price reduction on 101 Antelope Drive, a 1,700 sq. ft., 2 bath, 3 bdrm single story. Now MLS® $174,900 - What a deal!.
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Don't miss 2535 Fairfax Drive on Saturday, November 14th! Estate sale from 9 to 3!
see details of home at 2535FairfaxDrive.ScottFarmerProperties.com
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Downtown, Mount Holly - Announcing a price reduction on 224 Summit Ave, a 1,610 sq. ft., 2 bath, 3 bdrm single story "Beautifully updated!". Now 
MLS® $164,900 - .
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Riverwood Plantation, Gastonia - Announcing a price reduction on 1566 Plantation Trail, a 2,776 sq. ft., 3 bath, 4 bdrm 2 story. Now MLS® $263,900 - .
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Heritage Commons, Gastonia - We invite everyone to visit our open house at 2969 Elder Court on October 18 from 2:00 PM to 4:00 PM.
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Meadowind, South Gastonia - The other at 4903 Willow Pond Road has been sold.
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Lake Forest, Gastonia - Announcing a price reduction on Audubon Drive, a single story. Now MLS® $195,000 - 1 acre lot on small lake!.
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Bennington Woods, Stanley - Announcing a price reduction on Bennington Road, a single story. Now MLS® $450,000 - Lots and land; no houses.
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Short sale!Great deal!
• 1,100 sq. ft., 1 bath, 3 bdrm single story - MLS® $102,500 - Bank must approve offers
Hickory Grove, Mount Holly
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