Real Estate Tab Dec 11th 2009

This lovely 20 acre farm in the heart of horse country offers amazing waterfront views and breathtaking sunsets! The barn has four oversized stalls with soaring ceilings and brick flooring, a beautiful tack room and numerous fenced paddocks with mature pastures. The gorgeous living space offers a gourmet kitchen and breakfast bar, a large living room with big screen tv and custom built in book cases, a cozy alcove area with gas log fireplace, a bedroom loft complete with office area and an amazing patio overlooking the pond, pastures and dressage ring. Every equestrian's dream.... all just minutes to downtown Southern Pines and a quick hack to the Walthour Moss Foundation. Come visit Grand View Farm on Saturday or see theVirtual Tour as well as Virtual Tours of all of our properties at www.McDevittTownAndCountry.com Listed by Jamie McDevitt, McDevitt Sotheby's International Realty. 910.724.4455 or Jamie.McDevitt@SothebysRealty.com See you on Saturday!

P R O P E RT Y T R A N S A C T I O N S The Moore County Register of Deeds Office in Carthage has recorded the following property transfers valued at $50,000 or more.

November 30 - December 4, 2009 Timothy G. and Kelly K. Biltz to John and Tina Viscuso, Lot 3105 Longpoint Seven Lakes West, Mineral Springs Township, $600,000.

Alfred and Virginia D. Bolton to Bruce W. and Cynthia L. Osborne, Lot 281 U10 P2 Pinehurst & 305 sq. ft., Mineral Springs Township, $327,500.

Kristen M. Faris to Matthew J. Vreeland and Michelle L. Miller, Lot 3358 Sandwood Seven Lakes West, Mineral Springs Township, $515,000.

Malcolm Shupeck Et al. to Rick M. and Cassondra A. Stefanik, Lot 38 Fourth Nine ADD CCNC, Mineral Springs Township, $190,000.

Mark R. and Caroline M. Lemmond to Jason N. and Lisa C. Waters, 1.27 acres, 3438 sq. ft. & 1 acre, Carthage Township, $123,000.

John J. Albee Et al. t o Michael P. and Anne L. Conlon, Lot 407 U16 P2 Pinehurst, Mineral Springs Township, $262,000.

Densel L. and Sheila Williams to Olin M. and Denise R. Fox, Lot 669 U1 P1 Pinehurst, Mineral Springs Township, $250,000.

Patricia R. and Michael F. McMillan to Daniel G. Barbee, Lots 108 & 115 S1 Sandhurst South, Sandhills Township, $256,000.

Frank T. Vicino Jr. Et al. to Joel C. Carner, Tract, $250,000.

Rita L. Briskie to Anthony and Terri Tuso, Lot 65B S6 Whispering Pines, McNeill Township, $225,000.

Charles R. Beasley Et al. to BAC Home Loans Servicing LP Et al., Trustees Deed B2862/74 Lots 636637 U16 P2 Pinehurst, Exception 09 SP 209, $217,000.

Planet Development LLC to John G. and Sere L. Scanlon, Unit 26 Cotswold of Pinehurst, Mineral Springs Township, $375,000.

Sara Hanley and Randall C. Place to Arthur M. and Amanda M. Blue, Suite 410 Broad Street Business Centre Condo McNeill Township, $115,000.

H&H Homes of Fayetteville LLC to Raymond S. and Cassie D. Smith, Lot 27 Sinclair Little River Township, $189,000.

Robert R. and Debra S. Keen to Joel and Lorraine Berman, Lot 675 P3 Fairway Homes, McNeill Township, $499,000.

James A. Breitag Et al. to George A. and Teresa P. Price, Lot 743 Longleaf McNeill Township, $310,000.

RHC Construction and Realty Inc. to Jorge Puello, Lot 5199 S11 Woodlake Little River Township, $189,000.

Deutsche Bank National Trust Company Et al. to Frank M. and Heidi J. Arnot, Lot 3499 Willowhaven Seven Lakes West, $365,000.

Mark E. Steele to Timothy J. and Jenny A. Leach, Lot 100 U15 P2 Pinehurst, Mineral Springs Township, $212,500.

Roy S. Overby and Substitute Trustee Services Inc. to Branch Banking and Trust Company, Trustees Deed B2102/264 9.83 acres, 09 SP 237 $378,000.

Paula P. Reynolds and Brock & Scott PLLC to Wells Fargo Bank NA and Midfirst Bank, Trustees Deed B3036/355 B3065/561 0.993 acres, 09 SP 173, $119,500.

J. David and Jacqueline K. Lundberg to Andrew Clayton, Lot 13 U17 P2 Pinehurst, $170,000.

C. Richard Jr. and Lisanne S. Sykes to Barbara E. Olsen, Lot 207 U13 P2 Pinehurst, $210,000.

David Ranals and Grady I. Ingle to Deutsche Bank National Trust Company Et al., Trustees Deed B2969/166 Unit 217 St. Andrews Place Condo 09 SP 233, $122,000.

Cory and Anne Bochenski to R. J. Bruce and Melody T. Robertson, Lot 4 Lake Diamond Mineral Springs Township, $398,000.

Tara L. Dellert to Shawn M. Giordano, Lot 26 PIII Jesse Gore Sandhills Township, $165,500.

Ballard Land & Timber Company LLC to Gary J. and Jennifer J. Kimpler, 7.0 acres, Carthage Township, $70,000.

Linda S. Brown to Steven E. and Julie D. Lung, 12.12 ares, Carthage Township, $87,500.

Kirby Holding Group LLC to William C. Jr. and Patricia F. Taylor, Lot 12 P12 Foxcroft Plains, McNeill Township, $295,000.

RMA Investments LLC and RMA LLC to Yolonda M. Newton, Lot 5310 Village Green Seven Lakes, Mineral Springs Township, $435,000.

Tena P. Alcini Et al. to Bernest H. McKeithen, 1 acre, McNeill Township, $69,000.

Joree Sykes Properties LLC to James E. Pelkey and Carolyn N. Phaneuf, Lots 2324 BL A1 PT Alley & Center Square Pinebluff Sandhills Township, $128,000.

Edward P. Hyman Et al. to L&S Builders LLC, 55.8 acres, 1 acre & 1.8 acres, Sandhills Township, $575,000.

C. Frank Tucker Et al. to Mark T. and Janet D. Lowe, Lot 4 BLW Royal Dornoch Golf Village, $425,000.

James B. Combs Et al. to Matthew L. and Rebecca H. Marchetti, Tracts, Sandhills Township, $97,000.

Dale L. Trowe to Howard S. and Tina Edmonds, Lots 64 65 & PT Lot 66 South End ADD Carthage, Carthage Township, $132,000.

David A.. Bowman Et al. to Elizabeth M. Watts, Lot 38 P1 Hyland Hills McNeill Township, & 1588 sq. ft. $177,000.

It’s Your Life.

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FRIDAY, DECEMBER 11, 2009

Professionally Speaking

Dear Community,

How Do Moore County REALTORS® Sell Moore County?

In listing presentations I and other REALTORS® often have been asked “How do you attract homebuyers to Moore County?”

Well let me explain many of the the important attributes that homebuyers see as critical factors in their decision to relocate to Moore County properties or make a move up purchase.

Obviously, the quality of life in Moore County is an important factor that every REALTOR® can talk easily about with a potential client. Moore County has a great housing affordability factor, outstanding schools, recreational facilities, exceptional health care system and growing business environment.

Other important considerations are the rural atmosphere, low crime rate, safe roads and tax rate. Most important to a relocation buyer with a family is the school district achievements. The Moore County school district has 22 schools. According to the 2009 annual report there are about 12,300 students and 1089 certified staff. Moore County high schools offer college preparatory classes in partnership with the Moore County community college.

Technical and special education programs are available. The high school graduation rate is second to none.

Year round school scheduling is available. The 2008 SAT scores averaged 17 points higher that the National average. The annual expenditure for education was $8,323 per student in 2008. In 2007, a $54 million bond referendum was approved by the voters to enhance the quality of education already provided.

During a period of federal and state

budget funding reductions, Moore County commissioner’s funding for education remains at the same $24.9 million level. Many of my clients have commented to me that the quality of the Moore County schools have been an important consideration in making their decision to purchase a Moore County property as they compare the school districts achievements to other surrounding counties. As you can see, educational facilities and school achievements are part of the great fiber of Moore County. With the base relocation program underway at Fort Bragg it becomes important to differentiate our communities, our community services, our communities quality of life to sell Moore County to the many potential new neighbors and residents this program can bring to Moore County. This is part of our job as Moore County REALTORS®, this is part of our job as residents of the great villages and towns in Moore County. Let’s not miss a great opportunity.

The Pinehurst-Southern Pines Association of REALTORS® is one of over 1,400 REALTOR® trade organization in the United States representing over 1.2 million REALTORS® who are professional advisors on local property values, local market conditions and adhere to a strict professional code of ethics.

Please consider contacting a REALTOR® who is a member of The Pinehurst-Southern Pines Area Association of REALTORS® for information about the great housing opportunity in Moore County.

Tim Venjohn

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

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

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

FRIDAY, DECEMBER 11, 2009

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FRIDAY, DECEMBER 11, 2009

LET’S TALK HOME F I N A N C E

How Much Can Property Pare Your Taxes?

Although owning a home offers many advantages over renting, a lower tax bill is one of the most important — and profitable — benefits. How much can a house help trim your 2009 tax return?

Let’s look at a typical homeowner who purchased her property two years ago with a 30-year fixed-rate mortgage of $175,000. This past year, she paid about $11,200 in interest on the home loan, and an additional $3,600 in property taxes. By itemizing those expenses on Schedule A, she’ll reduce her taxable

FRIDAY, DECEMBER 11, 2009

income by $14,800. And because she falls in the 25% bracket, those deductions will trim about $3,700 off her total tax liability.

This homeowner’s overall gain will be even higher, however, when she factors in her property’s appreciation rate. In addition to the tax savings, she’ll increase her net worth by another $9,000, an average of $750 per month. Compared to the PITI (principal, interest, taxes, and insurance) of about $1450 she pays each month, owning a home really only “cost”

By Victoria Spannaus Wells Fargo Home Mortgage

“I will provide an outstanding mortgage experience from application to closing” her $390 a month in 2009.

That’s a rock-bottom expense for housing in anyone’s book.

If you plan to buy a home in the near future, take a little time to calculate how much the appreciation rate and tax savings will boost your bottom line. Before banking on any tax deduction, of course, consult with your tax advisor

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or review IRS Publication 936, Home Mortgage Interest Deduction.

For a free consultation to discuss which type of mortgage loan will work best for you, call Victoria Spannaus at Wells Fargo Home Mortgage at (800) 741-7813 or 910-692-6225.

Reprinted with permission of The Printer, Inc.

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FRIDAY, DECEMBER 11, 2009

Laurie Davis Earns NAR Short Sales and Foreclosure Certification Buyers and Sellers Benefit from REALTOR® Expertise in Distressed Sales

Pinehurst, NC, December 4, 2009 — Laurie Davis with Keller Willaims Realty has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.

According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures. For many real estate pro-

FRIDAY, DECEMBER 11, 2009

fessionals, short sales and foreclosures are the new “traditional” transaction. REALTORS® who have earned the SFR certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities.

“As leading advocates for homeownership, REALTORS® believe that any family that loses its home to foreclosure is one family too many, but unfortunately, there are situations in which people just cannot afford to keep their homes, and a foreclosure or a short sale results,” said 2009 NAR President Charles

McMillan. “Foreclosures and short sales can offer opportunities for home buyers and benefit the larger community, as well, but it’s extremely important to have the help of a real estate professional like a REALTOR® who has earned the SFR certification for these kinds of purchases.”

The certification program includes training on how to qualify sellers for short sales, negotiate with lenders, protect buyers, and limit risk, and provides Laurie Davis resources to help REALTORS® stay current on national and properties evolves. For more state-specific information as the information you can contact market for these distressed Laurie at (910) 690-8480.

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MOORE COUNTY HOME BUILDERS ASSOCIATION

Do Granite Countertops Really Emit Radon?

Do you have granite countertops in your kitchen? If so, are they putting your health at risk?

Recent stories in the news might lead you to believe so.

Before you go ripping up and remodeling your kitchen cabinets, read on.

A recent study by an environmental testing laboratory, Environmental Health and Engineering, shows that granite does indeed emit radon. But what they have found refutes claims that granite countertops pose a health hazard in your home.

“The study showed that you are more likely to have a fatal fall from bed than to develop a health problem related to the most common granite countertops,” said Dr. John F. McCarthy, president of the firm that conducted the study.

“Stones were selected for the study based on their prevalence of use as countertops and media reports suggesting specific types of granite pose health risk.

“Our research program was designed to assess exposure and risk to individuals in real world conditions. The scenarios we evaluated were selected to ensure that they represent what people will really encounter in U.S. homes. Our research shows that some of the reports published by the media significantly exaggerate risk because they report raw data without considering real-world conditions as commonly defined by the scientific community. It is very important to put the results of these product evaluations into a context that is PAGE 12

meaningful for the consumer.”

That meant putting granite countertops in an environment similar to your home, using the same installment methods and materials, and ventilating and lighting the finished room just like your kitchen. What they found is that even those countertops with considerably higher radon emissions still score well below recommended background levels. In fact, not a single stone slab emitted more than one-tenth the amount of radon requiring remedial action by U.S. E.P.A. standards. Moreover, these stones emitted an insignificant amount of radon to the natural levels found in most homes.

The study did find that some granite countertops might have concentrated areas of enriched radioactive materials, but these are so insignificant that their contribution to overall risk is negligible. It was also concluded that this risk is dependent on the frequency and duration of exposure, and not the magnitude. The likelihood of any of these three considerations as a factor in receiving a dangerous dose of radon from granite countertops doesn’t come into play in our everyday lives.

By Jarrett Deerwester Moore County Home Builders Association President

“You can never rule out anything, but the likelihood of a granite countertop posing any health risk is as close to zero as you could hope to get about a risk in your life based on what I know,” said David Ropeik, risk consultant and author of the book “Risk.”

“Cumulatively, we have a huge body of evidence that suggests that particular risk from granite is negligible.”

“This study once again proves that granite countertops do not pose the risk that some exaggerated media reports would suggest,” said Guido Gloiri, president of the Marble Institute of America. “While some organizations that benefit financially from consumer concerns about granite attempt to spread panic, this study was designed to withstand the closest scientific scrutiny and should reassure the public about granite countertops.”

The independent study by Environmental Health and Engineering was underwritten by the Marble Institute of America. You can see a copy of the study’s executive summary

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at www.marble-institute.com .

You can learn more about Environmental Health & Energy at their website, www.eheinc.com .

This article was based on a press release by the Cohn Wolfe Agency www.cohnwolfe.com and used with their permission. The original article was submitted to us

by Cathy Walsh from Blarney Stoneworks in Aberdeen, North Carolina – manufacturers and installers of quality granite countertops and proud members of the Moore County Home Builders Association.

You can find them in our Member Directory online at HYPERLINK "http://www.mchba.com" www.mchba.com , or by picking up a directory at our office.

Directories are always “GET ONE! GET ONE FREE!”, so pick one up for a friend, too!

And remember to use MCHBA members for your building and housing needs.

FRIDAY, DECEMBER 11, 2009

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Out & About

2009 SHOES FOR FOOD WEICHERT, REALTORS速 - Larose & Company in conjunction with Moore County BackPack Pals held a Horse Shoe tournament on 11/20. Funds raised fed 30 families in the Southern Pines / Aberdeen and Harris Teeter supplied each family with a pumpkin pie.

in Real Estate Keep us involved

Send us your event photos to share with the community.

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

Pat Phillips of Rhodes & Co. with husband, Phil, dining al fresco in Venice on a recent trip to Italy.

Dick & Kirk Newcomb

First Place - $500 Cash Price Milton Ratcliff & John McRae Runners Up : Scott Shepherd & Gary Lewis PAGE 14

Greg Sasser & Danna Bullock

Marcus Larose & Linda Hubbard of PackPack Pals

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FRIDAY, DECEMBER 11, 2009

Conrad and Maryann Nurge join Keller Williams Realty Pinehurst Market Center

SOUTHERN PINES, NC December 7, 2009 — Conrad and Maryann Nurge, a husband and wife team of real estate professionals in Pinehurst, have joined the Keller Williams Realty – Pinehurst Market Center.

Conrad has been a full-time Realtor for over 25 years. A consistent top producer, he prides himself on being a thorough, straight-forward professional. This has worked to his advantage as much of his success has been built on repeat clients and their referrals of friends and family. He has been coming to the Pinehurst area to play golf since the 1990’s, knowing they would make this their home someday. The Nurges moved here from Avon, CT in July, 2008 and are happy to be living in beautiful Doral Woods in Pinehurst. They have two daughters; the elder is a graphics/web designer in New York, and the younger, a sophomore at ECU. Maryann’s background prior to real estate was as an administrative coordinator and meeting/event planner, primarily for major insurance companies and at ESPN headquarters in Bristol, CT. Since she has always enjoyed customer service, as well as assisting Conrad with his real estate business, she decided to make the “official” career change to Realtor in her own right, and received her NC license in July.

“We are truly lucky to have Conrad and Maryann join us here at Keller Williams Pinehurst,” says Team Leader Terry Rainer. “Keller Williams Realty offers its associates unparalleled career growth and lifelong learning opportunities in the real estate industry. We FRIDAY, DECEMBER 11, 2009

Conrad and Maryann Nurge

know that Conrad and Maryann will be a great fit and that it is our clients and customers who will truly benefit from the Nurge Team joining us.”

“We chose Keller Williams Realty because of its reputation for integrity and its agent-centric business model,” says Conrad.

Maryann added, “As we grow our real estate business, Keller Williams Realty will provide the training, technology and support to help us reach our goals.” Conrad’s cell number is 910-691-2820, and Maryann’s cell is 910-603-8180. They can be reached in their home office at 910-420-2900. They are both excited to be part of the Keller Williams team and look forward to working with anyone seeking to buy, sell or invest in property throughout Moore County.

The Pinehurst Market Center, located at 206 Commerce Avenue, Southern Pines, NC, was established in 2009 and has 54 associates. Year to date through November 30, 2009, the Market Center has shared more than $67,547 in profits with its agents.

To learn more about Keller Williams Realty, call Terry Rainer at 910-692-5553 or visit www.CareersOfALifetime.com.

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