
|
|
| Builders group sees pickup in housing this year (AP) |
AP - The U.S. housing market will begin to mount a turnaround this year, building toward a solid recovery in 2013, according to a forecast issued Wednesday by the chief economist of a homebuilding industry trade group. |

You have impressed me with your ability to not only run a successful business, but do so with the upmost integrity. You guys are a prime example of what is possible when you implement both what I teach, as well as the drive and level of commitment that you two possess. We have had the opportunity to lend our personal money to your company on many occasions and can say that I never doubted our investment for one minute. You have proven yourselves as a company that delivers on what it promises. Keep rocking in North Carolina!
Than Merrill
A&E‘s Flip this house
..........................................................................................................................................................................
Dear Anthony & Matt

It is with great pleasure that I am settling into my new home, and I want to express my deepest appreciation to you both for your assistance in the sale of my previous residence.
Obviously many factors contributed to this extremely satisfactory experience:
(1) Your professionalism and knowledge as
representatives of your company
(2) Your efficiency in guiding me through the proceedings
(3) Your patient responses to my many questions and concerns moving forward
(4) Your readiness to keep me well-informed as events moved forward
(5) Your good manners and good natures that were always in evidence throughout our
association.
All of the above assured me that I had chosen the right team to help me achieve this very meaningful transition in my life. I am confident that you will bring the same energy and commitment to your future endeavors and that you will continue to provide successful solutions to many people.
Very Truly Yours,
Susan P. (Home Seller)
.................................................................................................................................................................
Life without my old property is definitely less stressful. I do miss my house, but not the debt. I really appreciate all that you and your company did for me in the handling of my home sale. I can't believe all the stress I went through before I contacted your company. At first I was a little leery of calling since I had called so many others and got nothing but negative responses. I actually had to tell one woman to get off my property!
You and Matt made it so easy I was almost afraid that I was being taken advantage of. Fortunately for me that was not the case. I can't tell you enough THANK YOU THANK YOU THANK YOU!
Cathy T. (Short Sale)
.................................................................................................................................................................
Charlotte Observer: Making Short Sales Speedy
By Nancy Stancill, Home Editor
Two Charlotte real estate brokers have started an unusual, recession-related business aimed at helping homeowners and Realtors negotiate short sales.
A short sale is one in which the proceeds are less than what the owner owes on a mortgage. Many lenders will agree to accept the proceeds and forgive the rest if the owner shows proof he or she can’t make the payments.
By accepting such a sale, the lender can avoid a costly and lengthy foreclosure and the owner can clear the loan. Typically, the option would only be used by homeowners facing foreclosure.
Matt Connolly and Anthony Moore, co-owners of a year-old real estate company called Pike Properties, have started a sideline business called Carolina Loss Mitigation. So far, they’ve helped owners avoid foreclosure by speeding the often-lengthy process of a short sale.
Connolly and Moore, who have training in short selling, meet with clients, prepare 40 to 50 pages of documents required by a lender, meet with the lender’s appraiser and take other steps to shorten the process from months to weeks. They don’t charge the homeowner. Instead, they are paid a $1,000 to $1,500 document preparation fee by the lender. Their Website: www.WeBuyNorthCarolina.com.
They are also working with a Realtor, Dot Munsun, a board member and past president of the Charlotte Regional Realtor Association, who says of the two men, "They understand and talk the bank's language."
Connolly and Moore, both 29, were marketing majors and friends at UNC Wilmington. After they graduated, both worked in Florida, Moore in real estate and Connolly in office equipment sales. But Connolly switched to real estate in Charlotte a few years ago and invited Moore to join him in setting up a business.
Their passion, both say, is residential redevelopment – buying distressed properties, fixing them up and flipping them. So far, they’ve sold two, have another on the market, and are remodeling a fourth. They’re focusing on neighborhoods within five miles of uptown Charlotte where they can buy houses for less than $170,000.
Connolly said he doesn’t have time to do the hands-on remodeling work he enjoys, but works with a contractor to get the homes fixed up and sold fairly quickly.. "You don’t want the property sitting on the market for three or four months," he said. Moore said they market themselves as “a real-estate solutions company” and believe that Charlotte holds promise, even in a sour economy, for a new company. "If you can succeed now in the real estate business, you can succeed any time," said Connolly.





