Sandhills Real Estate November 2, 2012

Rick Phillips Owner/Broker

910-695-5795

Serving the Pinehurst Area for 37 Years

rphillips@pinehurst.net Village Properties of Pinehurst

$187,500 SEVEN LAKES, 3BR-2.5BA, Golf Front, 12th Fairway! Brick Home w/lovely Sun Room & Deck. Paved circular drive, Stone FPL, Anderson Windows & lots of natural light. Real quality!

WATERFRONT! WHISPERING PINES, 3BR3BA, SPRING VALLEY LAKE! Very, very spacious. Updated & super energy efficient! Private DOCK (Boat Included). $339,000. MLS148680

$289,900 WHISPERING PINES, 3BR-2BA w/Sep. Library/Den and full Bonus Room. Builders personal residence. Superb Landscape, Level 3 Granite & many other Extras! MLS 148683

19 Chinquapin Rd., Pinehurst, NC

130 Inverrary Road - Beautiful flat and wooded home site in Fairwoods w/ClubMembership $159,000

56 Devon Drive - Pinewild Lot with Club Membership close to Club House. $39,900

23 Whitehaven Drive - Beautiful Golf Front lot in Pinewild CC. with Club Membership. Great Price $89,900

OPEN HOUSE SUNDAY SEPTEMBER 4TH • 1-4 PM

140 Lake Forest Drive Pinehurst

$269,000 PINEHURST, 4BR-3BA, Large, updated BRICK home w/sep In-law Suite. Plenty of elbow room!

Paved circular drive, Sun Room, all Formals & a PCC Membership! MLS 148135

Offered at $209,900

$319,000 WHISPERING PINES, Newer 3BR-2BA w/1st floor BONUS ROOM, separate Family Rm, detached Storage Bldg, Workshop & a gorgeous POND! MLS 149350

3 BR 2 BA Well maintained updated home with well planned kitchen, open floor plan with sun room and nicely landscaped yard!

We’ll Sell Your Home for $2,995!

SANDRA SYKES GRI, CDPE 910-315-4660 BuyPinehurstRealEstate.com

(910) 295-1600 Visit www.SellersHomes.com

Martha Gentry’s Home Selling Team Featured Properties PINEHURST

WHISPERING PINES

Whispering Pines $150,000 Located in the Village at Blue Farm on a quiet cul-de-sac, this well maintained brick and vinyl home has open floor plan, gas log fireplace flanked by bookcases, cathedral ceilings and large deck.

3 BR / 2 BA Code 952

www.175DublinCourt.com

Fairwoods on 7

$495,000

3 BR / 3.5 BA

Code 925

Gorgeous new construction with beautiful long views of the 8th hole and driving range. Elegant, open floor plan with high-end Nolte kitchen and baths, huge bedrooms and baths, lovely hardwoods and more- A super house!

www.33GrangerDrive.com

PINEHURST

Pinehurst

$595,000

Enjoy magnificent views of Lake Pinehurst from this beautiful home with a boat dock! The foyerʼs cathedral ceiling continues into the living room with brick fireplace and large picture window. Downstairs guest suite w/ 2 additional bedrooms. Very open and bright!

4 BR / 3.5 BA

Code 930

www.1060BurningTreeRoad.com

See all Moore County Listings at www.MarthaGentry.com and to view more listings today go to Page 2.

910-295-7100 800-214-9007

Re/Max Prime Properties 5 Chinquapin Rd. Pinehurst, NC

PROPERTY TRANSACTIONS

PAGE D2

Open House Saturday 1:00 - 4:00

THE PILOT — SOUTHERN PINES, N.C.

The Moore County Register of Deeds Office in Carthage has recorded the following property transfers valued at $50,000 or more.

October 22-26, 2012 Lee Huckabee Homes Inc. and John H. Britton to Branch Banking and Trust Company, Trustees Deed B3077/580 Lot 2412 S4 P1 Pinewild, 12 SP 248, $64,000.

Jilian D. Farrow Et al. to The Bank of New York Mellon Et al., Trustees Deed B2728/220 Lot 5130 S11 Woodlake 11 SP 229, $166,500.

Zachary D. Hicks Et al. to Wells Fargo Bank, NA, Trustees Deed B3666/352 Lot 47 Lake Longleaf Seven Lakes, Mineral Springs Township, 12 SP 269 $96,000.

Lois M. Bozman to Luba Cehelska, PT Lot 46 & Lot 47 Sandavis, McNeill Township, $189,500.

Union Presbyterian Church Et al. to Alan Boutelle, 22.63 acres, $115,000.

Donna M. Stringfellow Et al. to The Levin Group, LLC, 0.35 acres & 0.39 acres, $200,000.

Arnold J. Williams to Cody and Sherry Sturdivant, 1 acre and Lots 713 BLB Pineview, $80,000.

Stone Bay Partners, LLC to Scott A. and Brigette A. Fedak, Lot 17 PII Princess Gate, $288,000.

Troy D. Clark Et al. to Jeffrey and Kristy Boan, Lot 14 Pine Grove Village, McNeill Township, $460,000.

Michael T. Sturdivant Et al. to U.S. Bank National Association and 2002CB5 Trust, CBASS Mortgage Loan Assetbacked Certificates Series 2002CB5, Trustees Deed B1418/52 1.19 acres, 12 SP 254, $125,000.

Joseph M. and Andrea W. Kosich to Stephen and Heather Goldman, Lot 246A U2 P1 Pinehurst, Mineral Springs Township, $435,000.

Branch Banking and Trust

Company to North Carolina Department of Transporation and Department of Transportation, Deed For Highway Right of Way Sandhills Township, $56,000.

Christopher and Tonya Garner to Robert W. and Brenda J. Weber, Lot 2 Pine Ridge, Mineral Springs Township, $215,000.

Janet P. Weber Et al. to Vincent P. Gamble and Marlene R. Dickinson, Lot 146 U2 P1 Pinehurst, Mineral Springs Township, $80,000.

Roger and Kristen J. Roper to Nicholas and Sarah Ramos, Lot 276 U8 P1 Pinehurst, Mineral Springs Township, $250,000.

State Employees Credit Union to Enrique J. Lopez, Tract, Sandhills Township, $55,000.

Enrique J. Lopez to Sandhills Property Management, LLC, Tract, Sandhills Township, $58,500.

Milton H. and Frances O. Donaldson to Rick L. and Donna C. Peters, Lot 141 U11 P2 Pinehurst, Mineral Springs Township, $403,000.

Joanne G. Walsh to Terence J. Barton Et al., Lot 58R S5 Clarendon Gardens, Mineral Springs Township, $219,000.

Caroline A. Steiner to William E. and Helen F. Kirk, Lot 30 PI Foxfire, Sandhills Township, $217,000.

Francis T. Maser to Michael T. and Carrie M. Hass, Tracts, Mineral Springs Township, $1,500,000.

Vanderbilt Mortgage and Finance, Inc. to John B. Jr. and Marilyn A. Grady, 1.384 acres, Mineral Springs Township, $80,000.

David L. and Janice L. Davenport to Carl and Donna Klammer, Lot 3310 SA P1 Pinewild, Mineral Springs Township, $364,000.

Joshua Builders, LLC to Clayton E. and Helene A. Benson, Lot 9 P2 Shepherds Ridge, Sandhills Township, $151,000.

Gustave Ehnes Et al. to Dawn M. Schmiedeskamp, Lot 1065 Echo West ADD Seven Lakes, Mineral Springs Township, $170,000.

Helen Mazloom to Thomas G. Armstrong, Lot 244 U1 P1 Pinehurst, Mineral Springs Township, $302,000.

Andrew M. and Pamela J. Fleming to Gabriel Corey and Margaret Martin, Lots 469470 U8 P1 Pinehurst, Mineral Springs Township, $245,500.

Forbis Land Development, LLC to Emily and Thomas Colthart, Lot 231 U9 P1 Pinehurst, Mineral Springs Township, $257,000.

Christopher D. and Beth F. Wentland to Douglas R. and Elizabeth A. Younger, Lot 2B Sunset Ridge Sandhills Township, $318,000.

Westside Holdings, LLC to Brian and Michelle Numerick, 10.8 acres, Carthage Township, $379,500.

John M. Young Et al. to Luna Pointer, Lot 104 Sequoia Harbor Seven Lakes, Mineral Springs Township, $128,500.

Communityone Bank, N.A. to George O. II and Anna M. Young, Tract, Sandhills Township, $52,000.

Forest Creek Investors, LLC to SC Legend, Limited Liability Company, Lot 1826 S18 Forest Creek McNeill Township, $141,500.

Terry L. Michael Construction, LLC to Doug Saunders, Lot 319 U4 P1 Pinehurst, Mineral Springs Township, $224,000.

H&H Constructors, Inc. to Michael M. Jackson, Lot 19 P2 Shepherds Ridge, Sandhills Township, $172,000.

Jesse E. and Daneen Gore to Steven F. Templin, Lot 60 PIV Jesse Gore Sandhills Township, $165,000.

LIN HUTAFF

FRIDAY, NOVEMBER 2, 2012

5 Riviera Drive

BROKER/REALTOR®

38 Greyabbey Dr.

Pinehurst No 6

"Selling Moore" 910.528.6427 lhutaff@gmail.com

Pinewild Golf Front

All brick custom home with many Golf Front in Gated Community, upgrades, one owner, hardwoods, tile, large open spacious rooms, custom tray ceilings, private yard, 3 BD/2 BA built by Danny Adams, 3BD/ 2BA

Asking $250,000

Asking $350,000

275 LAKE FOREST DRIVE

32 MIDDLETON PLACE

Eva Toney 910-638-0972

E-Mail: eva@pinehurst.net www.RealEstateInPinehurst.com

Linda Breeding 910-690-8368

CONDO LIVING WITH LOW HOA MAINTENANCE FEES GIVES TIME TO ENJOY OTHER ACTIVITIES! This Middleton Place Home has everything – 3 or 4 BRs, 4 Baths, fantastic Kitchen with expanded eating area, extra storage and serving bar, Carolina Room + lower level for hobbies. You must see this one! $395,000.

BEAUTIFUL HOME WITH ALL THE UPGRADES! Hardwood floors main areas plus Master Bedroom, large eat-in kitchen with granite opens to covered porch, 2-sided fireplace to Living Room and Carolina Room, formal Dining Room, Rocking Chair front porch, mature trees in backyard. Take a look – you’ll love it! $369,000.

©2012 BRER Affiliates Inc. An independently owned and operated broker member of BRER Affiliates, Inc. Prudential, the Prudential logo and the Rock symbol are registered service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license with no other affiliation with Prudential. Equal Housing Opportunity.

Barbara Klug Cell 910.690.0262

MIDLAND COUNTRY CLUB 110 SAFFORD DRIVE

Spacious brick home on 7th fairway at Midland Country Club. Home has large living/dining room combination, kitchen w/breakfast nook overlooking courtyard. Cozy Carolina Room w/gas fireplace, wet bar & half bath.

Each bedroom suite has a private bath.

Expansive golf views from the Carolina Room and living/dining rooms.

Contact Barbara Klug 910-690-0262 for more details. Offered at $189,900.

Box 1511 - 2209 Midland Road - Pinehurst, NC 28370 800.633.8576 - 910.295.5011 - Fax 910.295.6000 WWW.PINEHURSTAREAREALTY.COM

Whispering Pines $150,000 Well maintained home w/open plan 3 BR / 2 BA Code 952

www.175DublinCourt.com

Whispering Pines $310,000 Pinehurst $1,295,000 Great value on nice family home Stunning custom home in Fairwoods on 7 4 BR / 3.5 BA Code 931 4 BR / 4 BA & 2 Half BA Code 932 www.45SunsetDrive.com www.170InverraryRoad.com

7 Lakes North

$249,000 7 Lakes West

3 BR / 2 BA

Code 936 2 BR / 2.5 BA

Single-level waterfront home w/great privacy!

www.126CardinalLane.com

$269,000 Pinehurst $349,000 Pinehurst Great house with large rooms. New Roof!

Beautiful townhome in Cotswold Code 934 3 BR / 3 BA Code 933 3 BR / 2 BA

www.6StantonCircle.com

www.40PinyonCircle.com

$349,000 $469,000 Pinehurst $389,000 Pinehurst $625,000 Pinehurst Gorgeous custom-built golf front Stunning new construction in Forest Creek Immaculate one-story brick home on 2 lots Code 942 Code 939 3 BR / 3.5 BA Code 941 3 BR / 2 BA Code 938 3 BR / 2.5 BA

Great single-level waterfront on Lake Auman

www.138SwaringenDrive.com

www.3ForestHillsLane.com

www.430MeyerFarmDrive.com

www.355DiamondheadDrive.com

Pinehurst $165,500 7 Lakes West $630,000 Pinehurst $185,000 Pinehurst $158,000 7 Lakes North $175,000 Charming home w/open floor plan Charming lakefront cottage w/custom upgrades Lovely setting in great neighborhood Super floor plan and wonderful privacy Picture perfect w/beautiful updates 3 BR / 2 BA Code 943 3 BR / 3.5 BA Code 945 3 BR / 2 BA Code 946 3 BR / 2 BA Code 947 3 BR / 2 BA Code 948

www.250FoxRunRoad.com

www.103FeatherstonPoint.com

www.350SugarPineDrive.com

www.8JuniperLane.com

www.129ShagbarkCourt.com

7 Lakes West $299,000 Pinehurst $375,000 7 Lakes West $339,000 Longleaf CC $339,000 Pinehurst $75,000 Immaculate golf front w/open floor plan Elegant & luxurious w/spacious rooms Great home with open floor plan Gorgeous Pristine Golf Front Home Updated Immaculate Golf View Condo 4 BR / 3 BA Code 949 4 BR / 3 BA Code 950 3 BR / 3.5. BA Code 951 3 BR / 2 BA Code 713 1 BR / 1 BA Code 717

www.244LongleafDrive.com

www.10StantonCircle.com

www.128OwensCircle.com

www.325MagnoliaCircle.com

www.210StAndrewsCondo.com

Pinehurst $189,000 Pinehurst $369,000 Pinehurst $166,950 Seven Lakes West $239,000 CCNC $449,000 Great Location – Generous Sized Rooms Quiet Cul-De-Sac – Pristine Condition Elegant Brick Home – Split Plan Covered porch & large fenced lot Custom Built Villa Overlooking Water 3 BR / 3 BA Code 730 2 BR / 2 BA Code 800 3 BR / 2.5 BA Code 790 3 BR / 2.5 BA Code 825 3 BR / 2.5 BA Code 841

www.1425MonticelloDrive.com

www.125MerionCircle.com

www.134HarrellRoad.com

www.1340BurningTreeRoad.com

View Floor Plans and Virtual Tours of Our Listings and See ALL Moore County Listings and Community Information at

www.MarthaGentry.com

www.8RoyalDornoch.com

Re/Max Prime Properties, 5 Chinquapin Rd., Pinehurst, NC 910-295-7100 • 800-214-9007

Military?!

Check out our Military Advantage Program at www.MarthaGentry.com

Professionally Speaking

FRIDAY, NOVEMBER 2, 2012

THE PILOT — SOUTHERN PINES, N.C.

When you need to know... talk to Mickey DeBernard

PAGE D3

Dear Community,

REMEMBER TO CHANGE THE TIME FALL BACK ONE HOUR

www.NewHeritageRealty.com E-mail: Mickey@NewHeritageRealty.com

Set clocks back Saturday evening November 3rd

TIMING IS EVERYTHING!

Affiliated Builders • McArnold Construction Inc. • Wonderful Life Construction Inc.

1901 N. Poplar Street • Aberdeen NC

OPEN HOUSE SUNDAY 1-4 PM

3#4'5#6.7#8.7#9#RDS1+T8##(+)(2+L+G%)8+U+ (#89.+G%)8+"#8%&V#2+4'5#/+1-&*%+%'+%'5'88'6W>+ >%)(2)82>+6&%4+>'*)8+4'%+6)%#8+>.>%#5N+>#)*#2+"8)6*+>$)"#N+XL!3YW+6'8B>4'$+6&%4+>#$)8)%#+SZDIN+ )(2+,#)-%&H-*+4)826''2+=''8>/+D+0+1#2+>$*&%+1#28''5+$*)(+6&%4+8#)8+I)8'*&()+:''5/+D8%&>)(+6)*BA&(+ >4'6#8/+RDS1[T8##(/+!"#$ -64 ( )*+ -./505&&7+\#)>#[Q-8"4)>#+$'>>&,*#/+

If you are contemplating home ownership, now is the time to buy—there are many wonderful values currently available and interest rates are at an alltime low.

If you are looking to sell your home, competitive pricing can assist you in achieving your goals.

Average Closed Price

Total Sold

Days on Market

2011

$244,366

880

162

693

156

$241,857

2010

3,#:*;<2/=>2+0 G#(&'8+ *&@&(9+ )%+ &%>+ 1 GE/+ \'6+ 5'(%4*.+ 5)&(%#()("#+ H##>+ &("*-2#+ )**+ #!%#8&'8+ 5)&(%#()("#N+ "*-,A 4'->#N+ $''*N+ )(2+ )"%&@&%&#>/+ I*'>#+ %'+ 7#2&")*+ F)"&*&%&#>/+ E4&>+ 3+ 1#2+ 3+ 1)%4+ 4'5#+ 6&%4+ I)8'*&()+ :''5+ )(2+H8'(%+B&%"4#(+&>+)+T: DE+1]^_+ !"#$ 3' ( )*+ ", -1%%05&&7

GINNY WEBB

MORTGAGE SPECIALIST NMLS# 69833

Southern Pines 205 SE Broad Street Member FDIC

www.FirstBancorp.com

Equal Housing Lender

910-692-6222

793

$252,021

179

862

$258,569

172

Moore County, Single Family, residential only, number of closings by month: Year

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sept

Oct

Nov

Dec

2011

56

47

75

70

81

93

88

75

70

68

61

77

67

67

74

67

2012 2010 2009

63 45 20

57 51 41

68

66

72

94

42

56

101 78 45

83

112 79

2012 Board of Directors:

Arvilla Sheron – President Lari Dirkmaat – President-Elect Greg Regan – Secretary/Treasurer Christine Menear – Director

THE BEST MORTGAGE AT THE RIGHT PRICE WITH THE LEAST STRESS.

President

Year

2009

,, #-./012(#$0## E4&>+K+1#2+3/L+1)%4+4'5#+4)>+,##(+ )+ H8#>4*.+ $)&(%#2+ #!%#8&'8/+ D+ M-&#%+ "'-(%8.+>#%%&(9+'(+'@#8+)(+)"8#+6&%4+ 6'8B>4'$N+98##(+4'->#N+)(2+*)89#+ 9)82#(+ )8#)/+ (O'.+ %4#+ ,)"B.)82+ H8'5+%4#+I)8'*&()+:''5+)(2+P#"B/+ Q#)"#H-*N+ "'(@#(&#(%+ )(2+ )HH'82A ),*#/+!"#$ 134 ( -1%%05&&/++

Sincerely,Arvilla Sheron

Single Family residential Average sales price, units closed and average days on market in Moore County only.

Stats provide by the Pinehurst-Southern Pines Area Multiple Listing Service. Arvilla Sheron – President.

2012

!"#$%&&'(#)*%+(## !"#$%&'()*+ ,-./+ 0+ 1#2+ 3+ 1)%4+ 4'5#+ 6&%4+ 7'8(&(9+ :''5+ )(2+ ;&%"4#(+ <4)826''2+ =''8>?+ '@#8A *''B&(9+%4#+CDE :+)%+1*-#+F)85/+ G&%%&(9+ 8''5+ 'HH+ %4#+ 7)>%#8+ >-&%#/+ I'8(#8+ *'%/+ G&2#+ #(%8.+ 9)8)9#/+ F#("#2+ ,)"B.)82/+ J6(#8+ >).>+ >#**/ !"#$ %&'( )*+ ", -.&/01&&2

Whether buying or selling a home, using a professional realtor will ensure you will have a successful experience.

81 77 76

90 70

59

Laurie Davis – Director Marcus Larose – Director Eileen Malan – Director Ross Laton – Director

100 77

54

67

65

Margaret Hinesley – Director Dianne Forsberg – Director Anita Emery – Director Walter O’Hearn – Director Peyton Gentry – MLS President

Pinehurst - Southern Pines Area Association of REALTORS®, INC. The Voice for Real Estate in the Sandhills www.pinehurstncrealtors.com

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.

345,385 VISITS

129,702

UNIQUE VISITORS

1,285,747 PAGE VIEWS PER MONTH*

PAGE D4

THE PILOT — SOUTHERN PINES, N.C.

MOORE COUNTY HOME BUILDERS ASSOCIATION

Settlement Terms

Going to a settlement and signing a contract on a new home can be bewildering. Home buyers are usually required to sign a seemingly endless pile of documents, most of which are written in legalese.

While you will not understand all of the details involved in the settlement process, there are certain important items you should know about so that you can achieve the best possible terms for yourself in the transaction. Some the more common terms found in your contract include: Appraisal Fee An appraisal is an estimate of the fair market value of your home. Appraisals help both the lender and the buyer to determine if the sales price is consistent with the actual value. An appraiser inspects the house and the neighborhood and makes an estimate based on the price of comparable houses and other factors.

The appraisal provides no guarantee that the property is free of defect. Lenders insist on an appraisal to see how much they could recover by selling your house if you default. The fee for this service may vary considerably depending on the specific characteristics of your house.

Attorney’s Fees

If the lender requires an attorney to draw up any of the settlement documents, you may be charged a fee — a flat amount or a percentage of the loan. If you hire a lawyer to assist with the settlement, you will have to pay an additional fee at or immediately following settlement.

Credit Report The lender may charge a fee for investigating your credit history.

Earnest Money Earnest money is a deposit paid to a seller to show you are serious about buying a house.

Your receipt for this payment is called a binder. If you later buy the home, the earnest money is applied to your downpayment. If not, the earnest money is returned, minus expenses for processing.

Understand refund procedures before you make a deposit.

Escrow Fees and Accounts Escrow involves having a third party hold funds and/or documents until you and the seller complete settlement. Depending on the circumstances of your loan, you may be asked to make monthly payments to an escrow account after you purchase your home. Money in the account may be used to pay taxes, insurance and

any other regular assessments as they fall due.

Such accounts serve a similar purpose to withholding income tax from your paycheck — by putting aside money each month, you avoid large annual or semiannual payments. You may be charged a fee for the service. In some states, escrow accounts draw interest.

Sometimes, escrow agents handle settlements.

Rather than you and the lender meeting to sign all of the documents and transfer money, the agent works with you and the lender separately to ensure that everything is done properly. Once again, a fee is required for this service.

Loan Origination Fee A lender will charge a fee for the cost of processing the loan, usually calculated as a percentage of the loan amount.

Loan Discount (Points) The largest of your settlement costs may be the “points” lenders require to make the yield on your loan more profitable. A point is one percent on your loan amount. If you are borrowing $50,000, one point equals $500.

Points are tax deductible if they are paid separately and not deducted from the loan amount. For Veterans Affairs (VA) loans, you can be charged a maxi-

mum of one point, but the number of points can be higher for Federal Housing Administration (FHA) and conventional loans.

On a 30-year loan, each point that you pay reduces your interest rate by roughly 1/8 of a percent.

You may be faced with a choice between two mortgages in which one has lower monthly payments but involves paying more points up front. Annual percentage rate calculations include buyers’ points, so ask for the annual percentage rate (APR) to help you make your assessment. Keep in mind that an APR is a 30year composite figure. If you sell your new home after a few years, the average annual cost of your points will be much higher than is reflected in the APR. If you plan to move soon, you might be better off with a loan that had a slightly higher rate but fewer points.

Property Survey Fee You may have to pay to have your lot surveyed, especially if there is a question about the boundaries. The cost will depend on the complexity of the survey.

Recording Fee Because title is changing hands, the transaction must be recorded with your city, county or other

FRIDAY, NOVEMBER 2, 2012

By Bob Van Houten Moore County Home Builders Association President

appropriate branch of government. The fee covers administrative costs.

State and Local Transfer Taxes Some jurisdictions levy taxes on the transfer of property or real estate loans.

Settlement and Costs Between Buyer and Seller Your builder may have already paid the annual property taxes on your new home or filled up your fuel tank. When title changes hands, you must reimburse the builder for a proportional share of the taxes, any fuel that remains in the tank, and any other prepaid costs.

Title Search and Insurance A title search involves having someone look through public records to see if anyone else has a claim to your property. A lender does not want to lend you money only to learn in the event of foreclosure that somebody other than you has a prior claim to the property.

You will normally be required to purchase lenders’ title insurance to guard against a faulty title search as well as hazards that even the most thorough search will not reveal—such as a forged deed that does not transfer

title, claim by a previously undisclosed relative of a former owner, or a mistake in the records. For a one-time premium at closing, title insurance will clear up title problems, pay the lender’s legal expenses for defending against an attack on title, or pay claims on property the lender may lose.

Lenders’ title insurance does not compensate buyers for any legal expenses they might incur, or the value of property they might lose. A separate owners’ title insurance is available to safeguard the buyer. Whether the seller or the buyer pays for owners’ title insurance depends on local custom.

The list of settlement terms above is not all-inclusive. You may also be charged fees for notarizing documents and other miscellaneous items.

For more information on the settling process, contact the Moore County Home Builders Association at (910)944-2992 or visit us online at www.mchba.com.

Local Builders & Home Services HOMEOWNERS INSURANCE Visit our website or give us a call for a 409 Johnson St, Aberdeen FREE Quote.

910-944-2848

PIONEERINSURANCE.COM

Re

Daniel Adams, owner

Carpet • Hardwood • Laminate • Ceramic • Vinyl

910-944-6204 • www.aberdeencarpet.com

Located Next to Gulistan Carpet • 3086 Hwy 5 Aberdeen, NC • Hours: Mon.- Fri. 9-5, Sat. 9-4

danny@danieladams.com

CERTIFIED GREEN BUILDER • ADDITIONS REMODELING • CUSTOM BUILT HOMES WAYNE HADDOCK 6895 NC HWY 211 W • PINEHURST

295-5400

Financing Available

Aberdeen Carpet & Flooring Center

PROVIDING Custom Homes Remodeling Metal Buildings

(910) 295-1504 • www.danieladams.com

QUALITY WORK AT REASONABLE RATES It’s Time to Get Comfortable™

OFFICE: 910-281-4567 or 800-682-9276 Commercial & Residential Service On All Brands - New or Existing

24 HOUR EMERGENCY SERVICE Do you hate your kitchen, bath, interior or exterior of your home?

Call Steve Pattison

910.279.5709

NC Licensed | Free Estimate & Design 43 Years in Historical and Modern Restoration & Building

Ken Rice ~ Owner/30 Years Experience NC License No. 54148

www.LeClaireConstruction.com

Downsize your home and Rightsize your Life.

FRIDAY, NOVEMBER 2, 2012

Out & About

THE PILOT â&#x20AC;&#x201D; SOUTHERN PINES, N.C.

A Downsize your home and Rightsize your Life event was held October 25 at the Villas at Forest Hills.

Margaret Hinesley shared information on cutting edge construction and the HOA of the Villas at Forest Hills. Phil Hinesley spoke on the Energy efficiency, particularly the Energy Star program, conducted by the Environmental Protection Agency in coordination with the United States Dept. of Energy. He concluded with HERS, Home Energy Rating System. The Villas are rated at 72, meaning they are built to use 28% less energy than the average home. Nancy Olson, from Village Design inspired the participants with a pathway to down sizing. She encouraged the clients to take the next step for living in a maintenance free, energy saving home located in the heart of PInehurst.

PAGE D5

in Real Estate Keep us involved

Send us your event photos to share with the community.

Submit digital photos accompanied by caption information to mechelle@thepilot.com.

Left to Right: Phil Hinesley, Margaret Hinesley, Nancy Olson, Bahdra Deemer

Walthour Moss Foundation Social October 28, 2012 Audrey Wiggins and Jo-an DeSell from DeSell & Co Realty Group.

JO Bishop from McDevitt Sotheby's greeting trick-or-treaters at Tuesday night's Halloween Haunt in downtown Southern Pines.

Faye Gibson with Pinehurst Resort Realty celebrates Halloween in style!

PAGE D6

THE PILOT — SOUTHERN PINES, N.C.

FRIDAY, NOVEMBER 2, 2012

JUST LISTED • LAKE FRONT LOT IN WHISPERING PINES

RE/MAX of THE PINES 235 E. Pennsylvania Ave. Southern Pines, NC 28387

LOVELY LAKE FRONT LOT ON SHADOW DRIVE The lot slopes gently towards Shadow Lake and is approx. 2/3 acre; it is ideal for a Walk Out Basement. The Septic permit is approved for a 4 Bedroom house, and there is potential for interesting landscaping features. The village owns property across the street which will add to the privacy of the location. Call me to see the property. $75,000

P i n k y D o y l e , CRS, GREEN, GRI, RFC Broker/Owner Office: 910-695-3651 Mobile: 910-783-6573 pinkydoyle@mindspring.com

GOLF FRONT FOXFIRE AND GOLF FRONT PINEHURST!

51 FOREST LAKE DR., FOXFIRE Golf front East Course. Custom built 2005 with all the bells and whistles! 3 br. plus bonus room, screen porch, patio, separate storage shed/workshop, oversized 2 car garage and closets galore.Cook’s kitchen and luxurious master bath! MLS#147316 Asking $349,000!

MUST HAVE APPOINTMENT TO SHOW.

80 PINE VALLEY DRIVE, PINEHURST Fully furnished, 2nd floor unit with 2BR/2BA ! Screen porch! Overlooks 4 golf holes on #3. Walk to US Open in 2014! One hole from main clubhouse! PCC available. Easy walk to Village of Pinehurst MLS#147283 PRICE IS NOW $122,000. MAKE AN OFFER!

Sandy Haarlow

RE/MAX “Selling Pinehurst & Southern Pines Since 1985” Prime Properties

910-315-4269 (C) • 800-752-4836 www.sandysellspinehurst.com e-mail: sandyhaarlow@remax.net CALL SANDY TODAY FOR A SHOWING 910-315-4269

FRIDAY, NOVEMBER 2, 2012

THE PILOT — SOUTHERN PINES, N.C.

PAGE D7

2012 Moore County Real Estate market shows a 10% increase in units sold over same period Jan – Sept 2011.

MOBILE SEARCH with

www.prupinehurst.com

OPEN HOUSE, SUN., NOV. 4TH, 2:00 - 4:00 PM

OPEN HOUSE, SUN., NOV. 4TH, 2:00 - 4:00 PM

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NEW LISTING

145852 625 SE LAKE FOREST DRIVE, PINEHURST, DIR.: Route 5 East; Right Lake Hills; Right Sugar Gum; Left SE Lake Forest. Many updates! 3BR/2BA. PCC Mbrshp available. $259,000 T155940 Eva Toney 638-0972 295.5504

147975 25 PINE VALLEY ROAD, PINEHURST, DIR.: St. Andrews Road to Pine Valley; First house on the left.

Follow Signs. 3BR/2.5BA. PCC mbrshp avail. $339,000 T519577

150455 650 N BETHESDA ROAD, SO. PINES, DIR.: From Connecticut Avenue; Right Bethesda; 3rd house on the right.

3BR/2.5BA. Overlooks Weymouth Nature Preserve. $359,900T353560

150793 Village Green: Open Livingt & Dining Room, Carolina Room, 2Bdrms up/2Bdrms down. Lots of Storage! $125,000 T853185

No APP required!

Search by MLS #, Street Address, City and Zip • View full listing details • See Comps • Map the Property • E Mail Listing • Make an Appointment

NEW PRICE

MARKET WATCH REPORT

Total Units Sold through 9.1.11 879 Residential Sales through 9.1.11 731 Average Price - $263,570

Units Sold through 9.1.12 971 Residential Sales through 9.1.12 796 Average Price - $264,616

NEED A RENTAL?

Search with us for all the rental properties in our MLS • Includes property details • Includes address and rental price • Includes contact info for appointment to view

US OPEN RENTAL PROGRAM Now Available!

Before you decide to rent your home, call us to discuss our full service program and our limited service program.

528.5669

Marie O'Brien

NEW PRICE

295.5504 695.5430

148771 Village Acres: 3BR/2.5BA, LR 150555 Pinehurst #6: Stately traditional w/frplc, great back deck for entertaining. 4BR/2BA with spacious living areas!

2-Car Garage. $189,000 T615182 Brazilian cherry hardwood. $219,000 T443885 Marie O'Brien

528.5669

295.5504

BROAD STREET TRAILS

148657 Short walking distance to Southern Pines, Shops, Eateries & Entertainment!

2BR/2BA. $148,000 T601715 Jim Lawson

783.5442

692.2635

HORSE COUNTRY

Bonnie Baker

690.4705

692.2635

CCNC

143080 Located on 3.3 acres, 3BR/3.5BA, vaulted LR, DR, Kitchen & Carolina Room.

Broker/Owner $360,000 T385480 315.4009

Joel Rich

295.5504

MCLENDON HILLS

Mary Joe Worth

692.2635

NEW PRICE

149411 Middleotn Place: Just move-in!

Updated! Immaculate! Just waiting for you! 2Bedrooms, 2Baths. NOW $260,000 T734336 Pat Koubek

215.2869

692.2635

CCNC

146054 Beautiful rustic contemporary waterfront home on 2 lots! Many renovations! Spectacular Water Views! $750,000 T368102 Joel Rich

315.4009

295.5504

NATIONAL GC

147244 Borders Walthour Moss Foundation. 4300sf home on 10.2 acres, 8-Stall Barn, 4-Paddocks, 3-Run in Sheds. $1,150,000 T443907

150752 Fenced Pasture & Barn, 3 Acres - Zoned for 2 Horses. Custom home, hrdwd, granite & more! 4BR/4BA. $550,000 T848364

147503 Incredible home! Golf Front & Water Views! Every conceivable Upgrades! 4BR/3.5BA. $875,000 T465979

783.5193

783.7374

639.1148

Debbie Darby

PINEHURST

295.5504

Linda Criswell

PINEHURST

295.5504

Bill Brock

692.2635

PINEHURST COURSE #1

315.5013

Carol Haney

692.2635

7 LAKES WEST

147135 Attractive, Spacious & WellDesigned! Many Upgrades! Open Design! 4Bdrms, 3Baths. $389,000 T443897 783.7374

Linda Criswell

295.5504

DONALD ROSS AREA

150046 Vacation at home off Donald Ross! Pool, Patio and Pergola! 3Bdrms, 2.5Baths. Renovated. Broker/Owner. $449,900 T782023 690.7009

Krista Duncan

295.5504

PINE GROVE VILLAGE

149224 Stately home with room for everyone in the family! Formal & Informal areas, 4BR/3.5BA. $389,900 T667080 783.5442

Jim Lawson

692.2635

PINEWILD CC

Our website is ready for your review at www.2014pinehurstgolfrentals.com.

Ask about our Homeowner FAQ’s.

Our Sellers know what is happening in the market. Do you?

150756 Spacious updated home!

Hardwood throughout! Gorgeous Kitchen! DR w/frplc, LR w/frplc. $210,000 T849194

147162 Brick, 3BR/2.5BA, home on .92 148369 Panoramic Views of 12th Green! acre estate lot. 3,600sf w/built-ins and Custom all brick, 3BR/2.5BA home. hardwood floors. $424,900 T263443 Outstanding Upgrades! $495,000 T566908

149361 Panoramic view of Holly Course #5! Custom 3BR/2.5BA home, solid surface, hrdwd, custom cabinetry. $379,000 T443313

783.5193

690.7009

783.5335

Debbie Darby

295.5504

PINEWILD CC

Krista Duncan

295.5504

PINEWILD CC

638-0972

Eva Toney

295.5504

PINEWILD CC

Terry Ganse

295.5504

PINEWILD CC

• Through the power of our national database, Prudential Real Estate provides every seller we work with the opportunity to see the web distribution and online activity on their listing.

• Local MLS activity including price changes, new listings and sales all in a weekly performance report sent via e mail.

Our Sellers love it and we do to!

For More Information, Text the “T” Code to 85377

149210 Southern style charm!

Cherry cabinetry, soaring ceiling in Great Rm w/frplc, DR, Study w/frplc. 4BR/3.5BA. $470,000 T11601 315.3322

Kay Beran

692.2635

PINEWILD CC

144000 Stunning Executive Home! Beautiful views overlooking Lake Pinewild. 3Bdrm, 3+Baths. $899,500 T353553 315.3322

Kay Beran

692.2635

149349 Golf Front on Magnolia. 147524 Brick beauty, 4BR, 3.5BA, Beautiful formal areas! Granite, hard- Bonus Room & Office. Chef's Kitchen! wood, Screened Porch. $489,000 $549,000 T467703 T678032

150523 Golf Front! Brick, 4BR/3.5BA home. Main level master. Great Rm w/frplc, Bonus Room, DR. $569,000 T827294

639.5133

639.5133

Arvilla Sheron

TALAMORE

295.5504

315.6225

Nettie Calfee

TALAMORE

692.2635

Arvilla Sheron

295.5504

THE ARBORETUM

148403 Great golf front patio home overlooking the 2nd green! Beautifully maintained! 3BR/2BA. $340,000 T574391

150396 www.20GlendevonDr.com - 147576 www.175WiregrassLane.com Beatuiful Home with magnificent golf Like New! Numerous Upgrades! course views! 3BR/3.5BA. $479,500 3Bdrm, 3Bath. $406,000 T472936 T11600

639.1148

639.3099

Bill Brock

692.2635

Frank Sessoms

295.5504

639.3099

Frank Sessoms

295.5504

PAGE D8

THE PILOT — SOUTHERN PINES, N.C.

FRIDAY, NOVEMBER 2, 2012

PINEHURST RESORT REALTY Located in the Lobby of the Carolina Hotel

910-235-8700 • 1-800-772-7588 E-mail: pinehurstresortrealty@pinehurst.com

Hickman built home on the 2nd fairway of PCC Course No. 6. Hardwood, ceramic, & carpeting, crown moldings.

Master bedroom has a California closet.

Kitchen has granite, fine cabinets, stainless steel appliances. Plantation shutters & window treatments. Screened back porch & brick patio. Super landscaping.

3BR/3.5BA $419,500 (145122)

SERENITY, SECURITY, & SPLENDOR. Family Room has a wall of glass windows & doors plus the warmth of a fireplace that is open to an outstanding Kitchen. Thirty-five feet of glass overlooks the brick patio and a view of Lake Pinewild. PCC membership available for transfer. 3BR/3.5BA $549,000 (147531)

FANTASTIC CUL-DE-SAC, GOLF FRONT on the 10th tee of Fairwoods on Seven. Enjoy the golf & water views from the elevated rear deck. New roof in 2010.

Kitchen has been freshly painted. Unfinished basement with golf cart access. Brick exterior with mature low maintenance landscaping.

Private well for irrigation. Security system.

4BR/2BA, 2 Half Baths $694,900 (148048)

LARGE and light filled 3 bedroom condo; golf front to the Pit Golf Course.

Bedrooms are large and are set up to sleep 12 people. Kitchen has stainless steel appliances and solid surface countertops with an eat at bar. Covered deck extends off the Great Room and Dining area. Purchase in time for the U.S. Open.

3BR/2BA $215,900 (146648)

NICE STARTER HOME. Water heater, carpet, bathroom tile floors, and sliding door new in 2011. Heat pump replaced in 2009. 10x12 rear deck and 10x13 storage shed. Very private back yard. 3BR/2BA $110,000 (146175)

NEW PRICE! QUALITY PLUS! Upgrades throughout.

Granite, fireplace, hardwood, tile, Trane HVAC. Open & bright floor plan with vaulted ceilings. Covered porch. Super large lot. Beautiful deck. 3BR/2BA $196,000 (147624)

RARE FIND. Golf & water views from every window. Nicely furnished with flat screen TVs in every room. Kitchen cabinets, counter and floor replaced in recent years. There are two PCC memberships available for transfer w/this ground floor unit. 2BR/2BA $178,000 (148703)

NICE & NEAT AS A PIN! One owner home that has been very well maintained.

Heat pump and ductwork are two years old. Vaulted ceiling, rear deck. Best price in Pinehurst for such a nice home.

3BR/2BA $139,500 (149511)

PANORAMIC VIEWS of the 5th, 6th, and 7th holes on the No. 5 golf course. The most wonderful golf view available and very private. Wide open with high ceilings, large masonry fireplace. Large Master Suite with walk-in closet. A very pleasant and comfortable home. Well maintained with a PCC membership available for transfer. 3BR/2.5BA $330,000 (142456)

GREAT INVESTMENT or starter home. Vaulted ceiling in Living room w/fireplace. 10x11 deck off Kitchen plus 8x6 storage room off carport.

3BR/2BA $125,000 (150028)

Realtor of the Week FAYE GIBSON

FEATURED HOME

ENJOY the Pine Needles Golf Course Par 3 16th Hole from your brick patio or 14 x 18 Carolina Room. There are two fireplaces. Nice Kitchen with ample solid cherry cabinets, eating area and 8x10 Laundry Room. Beautiful wooded golf front lot loaded with dogwoods and azaleas. 3BR/2BA $299,000 (145749)

We are here 7 days a week to answer your questions and meet your real estate needs or call 1-800-772-7588 910-235-8722 • E-mail: pinehurstresortrealty@pinehurst.com

Joanne Padgett Broker in Charge CRS/GRI & GREEN

Elizabeth Childers Associate Broker CRS/GRI

Joe Violette Associate Broker

Pete Garner Associate Broker ABR

Roger Johnson Associate Broker

Harwell Stovall Associate Broker

Ann Benton Associate Broker GRI/ABR/RRS & GREEN

Faye Gibson Associate Broker GRI/ABR/RRS