Sandhills Real Estate

Come visit this elegant all brick home in Whispering Winds with a huge fenced in yard and cozy back patio area. Three bedrooms on the first floor and a bonus room upstairs. Two and a half baths. Beautiful hardwoods and tile throughout.

Formal dining with soaring ceilings as well as an eat-in kitchen with lots of counter space and lovely granite counter tops. Lots of quality! Just a few years old but feels brand new! The garage features a workshop area. Dick Tremblay from McDevitt

Sotheby's will be your host and Bill Bullard of First Mortgage Corporation will be on hand to answer all of your mortgagequestions. Hurry and purchase this lovely home and take advantage of the tax credits ($8000 for first time and $6500 for

existing home buyers) which are over at the end of April. Call Dick with any questions @ 910.986.3251.Visit w w w. M c D e v i t t To w n A n d C o u n t ry. c o m for all of our Virtual Tours! We look forward to seeing you on Saturday!

PAGE 2 Special Ad Section - The Pilot FRIDAY, JANUARY 22, 2010

The Moore County Register of Deeds Office inCarthage has recorded the following property trans-fers valued at $50,000 or more.

January 11-15, 2010Michael L. Edwards to Therese A. Rainer, Tract,

$175,000.Camina Design & Construction Inc. to Fox

Hollow 3 LLC, Tract, $210,000.Aileen L. and Cloves L. Hare to Donnie R.

McNeill, 21.897 acres, Sheffield Township, $72,500.William C. Thompson to Catherine and Renee

Leflore, Lots 1315 Sunny Side Addition, McNeillTownship, $155,000.

Leona J. Plizga to Glen and Kathleen Davis, Lot238 Longleaf, McNeill Township, $248,000.

Scot D. and Stacy L. Spooner to Tom E. II andJennifer A. Flanagan, Tract, McNeill Township,$259,000.

William D. Rocchi to Carolyn A. Bowman, Lots355 356 U8 PI Pinehurst, $186,000.

Branch Banking and Trust Company to CaseyA. Oakley, Tracts, Greenwood Township, $57,500.

Mile Away Farm Inc. to Cameron C. Sadler,4.44 acres, McNeill Township, $200,000.

William G. and Deborrah K. Little to Philip W.and Larisa P. Houston, Lot 183 S6A PinehurstNational, Mineral Springs Township, $555,000.

Roy Y. Williamson Jr. Et al. to Elizabeth A.Futrell, Tracts, Carthage Township, $83,000.

Tammy G. Williams Et al. to First Bank,Trustees Deed B3352/327 2.013 acre, BensalemTownship, 09 SP 204 $145,000.

Lillian S. and S.R. Ransdell Jr. to Boles FamilyLLC, 0.95 acres, Sandhills Township, $212,000.

James R. King to Brian S. and KassandraCaddell, 41.980 acres, Greenwood To w n s h i p ,$66,000.

Champions Ridge LLC to Gary D. and Mary A.Smith, Unit 158 Champions Ridge, McNeillTownship, $85,000.

Champions Ridge LLC to James M.Dannemiller, Unit 269 Champions Ridge, McNeillTownship, $394,000.

Kip Friedman Et al. to DM McVickers Inc.,Trustees Deed B3271/590 Lot 645 U16 P2 Pinehurst,Mineral Springs Township, 09 SP 62 $249,500.

Jimmie D. Ross Et al. to Glenda F. Kirby Et al.,61.67 acres, Carthage Township, Exception,$290,000.

R. Peter and Mary K. Zimmermann to John G.Bicket, Lot 3 P1A Golf Course Number 7, MineralSprings Township, $1,500,000.

Sidney E. Thompson Et al. to Mary A .Woodford and James K. Leslie, Lot 44 U11 P2Pinehurst, Mineral Springs Township, $575,000.

Elinor S. Roll Et al. to R. Peter and Mary K.Zimmermann, Lot 53 Middleton Place, McNeillTownship, $300,000.

Jeannette C. Donnelly to Sherry D. Page, Lot634 U16 P2 Pinehurst, McNeill Township, $240,000.

John C. and Anne T. Keifer to Lana L. Rebert,Lot 224A S2 Whispering Pines, McNeill Township,$290,000.

Barra Investments LLC to Timothy P. andRobin K. Stanton, Lot 6 S9 Whispering Pines,McNeill Township, $285,000.

Mark A. and Ronda A. Harbison to Anthonyand Maryanne Maisano, Lot 93 P4 Glen Laurel,Sandhills Township, $238,000.

David A. Summers Et al. to Aaron T. Mayo andA. Nicole McClelland, Lot 162 U2 P1 Pinehurst,Mineral Springs Township, $240,000.

Harvel Realty Inc. to Shawn E. and Traci C.Brooks, Lot 20 Cordelia Hills, McNeill Township,$294,000.

Out & Aboutin Real Estate

Keep us involvedSend us your event photos to share with the community. Submit digital photos accompanied by caption information to [email protected].

Alyssa Stroker, a 7th grader at the Southern Pines Middle School, comes by the ForeProperties office for her Girl Scout Cookie orders. Lisa Stafford, and her daughterTanna, and proud dad, Scott Stroker enjoy a laugh with Alyssa.

FRIDAY, JANUARY 22, 2010 Special Ad Section - The Pilot PAGE 3

Professionally SpeakingDear Community,

Last week withthe help of fellowRealtor® HampThomas, whospecializes inp r o p e r t yappraisals, webegan lookinginside the worldof automated val-uation models( AVM's) as theyare used by internet web-sites to answer the question"What's my home worth-now?

AVM’s do a commendablejob of sorting massiveamounts of data. There aremany industries that dependon this data to develop theirlong range business plans.These models track salesvolumes and trends by gath-ering information from taxrolls. They can sort specificslike the total sales of newconstruction homes, salesby zip codes, the number ofbedrooms and bathroomssold most often, price

ranges with themost sales vol-ume, and eventhings like shortsales and fore-closures.

While AV M ’ sserve manyimportant busi-ness functionsproviding accu-rate property val-

uations is not their forte. Theinformation should not beconsidered an appraisalvalue or a Broker’s PriceOpinion. For something asimportant as an appraisal orB P O, you need professionalassistance; you need aRealtor® who has experi-ence in the local market.When you’re buying or sell-ing a home, this is not thetime to trust any computerprogram. There never beena more important time toseek the advice of an experi-enced, local professionalRealtor®.

Elizabeth Childers

What Good InformationComes from AVM’s?

Published every Friday by The Pilot in partnership with the Pinehurst-Southern Pines Area Association of REALTORS, with a circulation of 19,000.

Deadline for the Sandhills Real Estate Guide is 5:00 pm on Tuesday.

Pinehurst - Southern Pines AreaAssociation of REALTORS®, INC.

The Voice for Real Estate in the Sandhillswww.pinehurstncrealtors.com



Although interest rates stillremain at historically low lev-els, even a small fluctuationcould affect your financingplans. Because adjustmentsoccur almost weekly inresponse to changing marketconditions, buyers have animportant question to askthemselves. Should I lock inor float the interest rate onmy new home loan?Mortgage lenders typically“hold” a quoted rate for 30 to60 days. But what if you planto build a new home that willtake six months to construct?

Or you’re on the cusp ofqualifying for a mortgage? ifrates go up, you may facehigher monthly payments andmay even jeopardize yourability to qualify for the bestpossible loan terms.If you’d rather avoid potentialrate hike, talk to your mort-gage consultant about lock-ing in the initial interest rate.Lock-ins of 90 days are com-mon, but they’re also avail-able for up to a year. Whilelenders generally charge asmall fee for this option, thecost could eliminate largerincreases down the road.

Many buyers, however, wantto stay flexible with a float-down option, which allows aone-time “re-lock” if ratesdecrease before closing.Almost all lenders offer ana ffordable float- down option,but be sure to compare thecosts before committing.As with any aspect of homefinancing discuss the prosand cons of these choiceswith your mortgage lender to

get a current perspective oninterest rates.

For a free consultation to dis-cuss which type of mortgageloan will work best for you,call Victoria Spannaus at We l l sFargo Home Mortgage at(800) 741-7813 or 910-692-6 2 2 5 .

Reprinted with permission ofThe Printer, Inc.

When Is It Time ToFloat Or Lock?

“I will provide an outstanding

mortgage experience

from application to closing”






Celeste Jackson, a real estateprofessional in Pinehurst, hasjoined the Keller Williams Realty– Pinehurst Market Center.

Celeste joins her mother,Laurene Stubbs, as a memberof the Pinehurst team. She is aLaurinburg native, and her hus-band, Chris, is a police officerwith the City of Laurinburg.They are the proud parents of 4beautiful children.

Ms. Jackson was previouslya broker with Vision Realty inLaurinburg and is the Vice-President of theLaurinburg/Scotland CountyBoard of REALTORS for 2010.

“We are truly lucky to have

Celeste join us here at KellerWilliams - Pinehurst,” saysTeam Leader Terry Rainer.“Keller Williams Realty offers itsassociates unparalleled careergrowth and lifelong learningopportunities in the real estateindustry. We know that Celestewill be a great fit and that it isour clients and customers whowill truly benefit from her joiningLaurene and all of us here.”

“I chose Keller Williams Realtybecause of its reputation forintegrity and its agent-centricbusiness model,” says Ms.Jackson. “As I grow my realestate business, Keller WilliamsRealty will provide the training,

technology and support to helpus reach our goals.” CelesteJackson can be reached [email protected].

The Pinehurst Market Center,located at 206 CommerceAvenue, Southern Pines, NC,was established in 2009 andhas 54 associates. Year to datethrough November 30, 2009,the Market Center has sharedmore than $67,547 in profitswith its agents.

To learn more about KellerWilliams Realty, call Terry Rainerat 910-692-5553 or visitwww.CareersOfALifetime.com.

Celeste Jackson joins Keller WilliamsRealty - Pinehurst Market Center

Celeste Jackson

It’s Your Life. Read All About It.



Can you imagine living in a175,000 square foot home?That’s how large GeorgeVanderbilt built his NorthCarolina home, the Biltmore, in1895. With 250 rooms and 43bathrooms; everyone canagree the home had morespace than his family, hisfriends, and friends of hisfriends could ever hope to use.The real question is what sizehome is right for your family?

Even though the averagehome in the United States is farsmaller than the Biltmore, it is afact that Americans have tend-ed to build larger and largerhomes over the years. In 1973,the typical newly-built homewas 1,660 square feet. Near theend of 2008, the average sizehad grown to more than 2,500square feet. That representsnearly a 50% increase in theaverage home size in a singlegeneration.

But lately, that trend haschanged. Builders are now see-ing demand for smaller homes.By early 2009, according tofederal government data onnew housing starts, the aver-age size of homes haddecreased to 2,400 square feet.One of the other trends is notjust smaller homes; but higherend mid sized homes thatinclude the amenities of largerhomes such as gourmetkitchens, granite countertops,large master bathroom suites,and open floor plans; but incor-porated in a smaller overallfootprint.

You may be very surprised ifyou total the square footage ofthe rooms in your home that

you regularly use. Severalyears ago I actually measuredthe size of the rooms that mywife and I used use on a week-ly basis and the total was justover 1,600 square feet out of afive bedroom home. Studiesshow that few Americans actu-ally regularly use much over1,900 square feet of their largerhomes.

A number of factors are mostlikely the reason for this newtrend towards smaller but moreupscale homes.

First, family size has beendecreasing over the years. Theaverage household in 1960 had3.3 people, while in 2008 it is2.5. Families don’t need tobuild homes with a lot of bed-rooms if they aren’t planning tohave as many kids as previousgenerations.

Also, Americans are becom-ing more focused on energyconservation and energy costs.Clearly a smaller new home willcost less to heat and cool thana larger new home with similarenergy-efficient features, andwill leave a smaller carbon foot-print on the environment. Notto mention proportionallyreduced overall long termmaintenance costs.

Clearly, the economy is alsoimpacting new home buyers’decisions. Cost-conscioushome buyers are choosing toinclude more and higher-qualityfeatures in their new homesrather than just increasing theoverall square footage. Manyrealtors report that buyers areexpecting homes with upscaleinterior finishes at all pricepoints in today’s market.

Today’s modern open floorplans and high ceilings canalso make a mid sized homeactually feel more spaciousthan a larger home square foothome with low ceilings and aclosed traditional floor plan.

So the “perfect” home foryour family may be a custom7,000 square foot golf frontshowstopper. Or it may besomething very different --smaller, cozier – but no lesscharming.

Whatever your preference—size, features, price, or some-thing else—new home builders

today are providing homes thatwill appeal to a wide range oftastes and budgets, with morecustomization choices for yourlifestyle than ever before.

For more information onbuilding your perfect sizedhome, contact The MooreCounty Home BuildersAssociation atwww.mchba.com for a exten-sive list of professional buildersand tradesman in our area.

New Homes Built toFit New Priorities



Wells Fargo Home Mortgageand Weichert Realtors are spon-soring a free seminar for poten-tial home buyers on Saturday,January 23rd from 10AM-Noonat Pinehurst Surgical Clinic’sRenaissance Room. Pre-regis-tration is required. Among thetopics covered will beUnderstanding the HomeBuying Process, HomeFinancing Options & Pre-approval and Home Buyer TaxCredit – Explanation andTimeframes. A question andanswer period will follow eachtopic.

“We feel that with favorableinterest rates, low home pricesand the availability of the taxcredit, folks would like to learnmore about these topics in arelaxed atmosphere”, comment-ed Richard Schuck, Broker atWeichert Realtors. “This will bea useful information session nota sales pitch”, he added.

There will be several openhouses following the programfrom 1:00PM-4:00PM for thoseinterested. A listing of homeson the tour will be available atthe seminar.

You can register atwww.wfhm.com/victoria-span-naus by clicking on Attend afree local event or by callingRichard Schuck at 910-315-1898. Seating is limited soplease register early.

Free Home BuyerSeminar Scheduled

S a t u r d a y, January 23rdf rom 10am-Noon

at Pinehurst Surg i c a lClinic’s Renaissance Ro o m

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Sandhills Real Estate

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