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Is Your Money Working For You?

Many people we have recently talked with are confused as to where they should be placing their money. The fact is, many banks are reporting an influx of monies coming into their banks, which is known as “Intermediation”. People are hoarding their money because they fear what the future may bring. The sad part about this is that monies that are placed in a checking/savings are earning extremely low interest. Even CD’s (Certificate of Deposit) are also offering very low interest rates.

One thing we do know for sure is that past history shows how real estate always seems to find a way to survive the toughest markets. It may be down now, but it is a pretty good bet that a rebound will occur.

We think that most people are missing the boat by having their money sit in a bank when they could be taking advantage of some of the best real estate deals that have been offered in a long time. In addition, interest rates are being offered below 4% by some of the lending institutions!

The ones who take advantage of a weak real estate market and extremely low mortgage rates are the ones who really profit from our weak economy. Think about this…If you purchase a house that two years ago was worth $300,000 and is now being offered at $195,000, chance are that within two years that house has a good chance of going back up in value to maybe $230,000 - $250,000. Take the lower of the two and figure your rate of return on your money. It is way, way, way more than what it would have been just sitting in the savings account.

And here is your morning coffee...

Monday Morning Coffee

INSPIRATION FOR TODAY:

"Begin to be now . . . what you will be hereafter."
~ St. Jerome


TAKE THIS QUIZ!

Here's a short list of questions. Take time to answer them and today's message will be crystal clear. It needs no further explanation, so enjoy!

Name the five wealthiest people in the world.
Name the last five Heisman Trophy winners.
Name the last five winners of the Miss America pageant.
Name ten people who have won the Nobel or Pulitzer Prize.
Name the last half dozen Academy Award winners for best actor and actress.
Name the last decade's worth of World Series winners.

How did you do?

The point is, none of us remember the headliners of yesterday. These are not second-rate achievers. They are the best in their fields. But the applause dies. Awards tarnish. Achievements are forgotten. Accolades and certificates are buried with their owners.

Here's another quiz. See how you do on this one:

List four teachers who aided your journey through school.
Name three friends who have helped you through a difficult time.
Name five people who have taught you something worthwhile.
Think of a few people who have made you feel appreciated and special.
Think of five people you enjoy spending time with.
Name half a dozen heroes whose stories have inspired you.

Easier?

The lesson?

The people who make a difference in your life are not the ones with the most credentials, the most money, or the most awards. They are the ones that care.

Buying and selling...now's a great time!

The other day one of my past customers asked me “Heidi, John and I have been discussing the possibility of selling our house. Our present one is feeling awfully crowded since the birth of our baby boy, but we are both worried about declining values and the length of time it may take to sell, what do you think, is it a good time to sell and purchase another house or not?”

Actually, it is a great time to sell your house and purchase another. Here’s why…..It sounds like you will be moving up to a larger, more expensive house which presents an opportunity you may not have thought about.

Let’s say your current house will sell for approximately $200,000 based on today’s values. That is about 10% less than what it would have sold for last year. Your next house will cost about $300,000 and it also suffers from a 10% loss in value. Now….10% of $200,000 is $20,000 whereas 10% of $300,000 is $30,000. In this sell and buy transaction you will lose approximately $20,000 but the seller of the house you are buying is losing $30,000, which means you actually realize a $10,000 gain on your purchase, making your actual loss only $10,000. 

When the market recovers, you could realize a $30,000 gain on the house you purchased which could be considered instant equity in your new home.

In addition, at this time interest rates are very, very favorable, but expected to rise within the near future.  The rate you receive today will most likely result in a payment that could be $200 - $300 less than what it will be this time next year. 

Hines & Associates Realty…..Our HINEsight is always 20/20!

And here is your morning coffee...

Monday Morning Coffee

INSPIRATION FOR TODAY:

"Lose this day loitering - 'twill be the same story
To-morrow - and the next more dilatory;
Each indecision brings its own delays,
And days are lost lamenting o'er lost days.
Are you in earnest? seize this very minute -
Boldness has genius, power and magic in it.
Only engage, and then the mind grows heated -
Begin it, and then the work will be completed!"
- Johann Wolfgang von Goethe


ENGAGE IT!

Ever driven a car? Of course you have, but what makes it move?

You enter a car with a standard transmission, place it in neutral, and start the engine. It idles - waiting for what? The engine is running, but you are going nowhere. What must be done to get to your destination?

Your vehicle is like your mind and body. Goethe says, "Are you in earnest? . . . Boldness has genius, power and magic in it." He questions whether you are in earnest . . . calls attention to the fact that there is genius, power and magic in boldness. It's like your vehicle idling in neutral. It has the power to take you wherever you want to go . . . yet is goes nowhere - until what happens?

"Only engage," urges Goethe. The only thing keeping you from moving is your willingness to engage. Place the transmission in first gear, and what happens? You begin moving - slowly at first. Moving the gearshift into 2nd, your movement speeds up. As it does, you are soon in 3rd, and well on the way to your destination.

Goethe speaks of achieving your objectives in life: "Only engage, and then the mind grows heated . . . ." In other words, put your life in gear - get started - get moving! When you do . . . when your "mind grows heated" . . . that which you desire to achieve will be attracted to you.

So - what do you say? Are you in earnest?

Do you know what your house is worth?

The Charlotte Real Estate market is constantly changing. If you are wondering what your home is worth in today's market visit www.yourcharlottenchome.com to receive a FREE analysis of your home's approximate value in your email.

Don't forget to check out this weeks top picks below. For more info on these and many other homes visit the Featured Properties page!

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342 Kenway Loop
Price: $39,900 Beds: -1.00 Baths: -1 Sq Ft: 0
Vacant lot located in the Woodleaf subdivision on the shores of Lake Norman in Mooresville. This great subdivision offers large home sites where you can bring your own builder and there is no time limit to begin construction. Build your dream home h...
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15114 Carrington Ridge Drive
Price: $199,900 Beds: 4.00 Baths: 2 Sq Ft: 0
Remarkable four bedroom, two and a half bathroom home located in the subdivision of Carrington Ridge; offering a clubhouse, playground, pool, and recreation area. The welcoming 2-story foyer invites you into this home offering hardwood flooring, pal...
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20123 Henderson Road C
Price: $129,900 Beds: 2.00 Baths: 2 Sq Ft: 1030
Great two bedroom, two full bathroom condo with incredible water views located in the Windward complex. Walk to the gazebo, docks and the sandy beach that are convenient to this unit. The inviting foyer offers ceramic tile flooring and a coat closet...
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20409 Rutledge Bluff Way
Price: $419,900 Beds: 4.00 Baths: 3 Sq Ft: 3445
Stunning four bedroom, three and a half bathroom home on a cul-de-sac lot in the lake front community of Crown Harbor. The dramatic 2-story foyer welcomes you into this home offering, decorative hardwood flooring, palladium window, chair railing, pi...
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1277 Sandy Bottom Drive NW
Price: $299,900 Beds: 5.00 Baths: 3 Sq Ft: 0
Immaculate five bedroom, three bathroom, two story home located in the subdivision of Villages of Skybrook North. The beautiful two-story Foyer offers accent columns, hardwood flooring, a decorative iron chandelier, crown molding and picture frame m...
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6213 Tauten Court
Price: $289,900 Beds: 5.00 Baths: 3 Sq Ft: 2999
Gorgeous five bedroom, three and a half bathroom home located in a cul-de-sac on the golf course in the sought after subdivision of Highland Creek. The welcoming 2-story foyer invites you into this home offering hardwood flooring, a palladium window...
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6425 Tunston Lane
Price: $149,900 Beds: 3.00 Baths: 2 Sq Ft: 0
Stunning ranch style home with three bedrooms and two full bathrooms located in the sought after swim and golf community of Highland Creek. Enter this home through the welcoming foyer offering hardwood flooring, a plant ledge, side lights in the doo...
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4113 Kalispell Lane
Price: $289,900 Beds: 5.00 Baths: 3 Sq Ft: 3770
This gorgeous five bedroom, three bath home is located in the sought after swim and golf community of Highland Creek. Enter this stunning home through the foyer that offers crown molding, chair railing, picture frame molding, transom window, side li...
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9711 Back Acre Drive
Price: $179,900 Beds: 4.00 Baths: 3 Sq Ft: 2430
Attractive four bedroom, three full bathroom home located in the subdivision of Old Stone Crossing. The welcoming two-story foyer offers hardwood flooring and a coat closet for your convenience. The living room offers neutral carpeting and a spaciou...
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9823 Brandybuck Drive
Price: $235,000 Beds: 4.00 Baths: 2 Sq Ft: 2500
Stunning four bedroom, plus bonus room, two and a half bathroom home located on a cul-de-sac lot in the Cabarrus County section of Highland Creek. This sought after community offers a golf course, playground, multiple pools, recreation area, tennis ...

Just Listed!!!

Charlotte NC Real Estate 

MLS # 969645
Offered at $289,900

5 bedrooms, huge bonus room, eat-in kitchen, gas fireplace in the great room, master suite w/ sitting area, rear deck, screened porch, security system - this home is loaded...more

 

Call 704-458-4636 today to schedule your personal tour of this home!

Monday Morning Coffee

Monday Morning Coffee

INSPIRATION FOR TODAY:

"Leaders are like eagles. They don't flock - you find them one at a time."

- Unattributed


BE FREE!

In Stephen Covey's "Seven Habits," he talks about focusing on the important to the exclusion of the unimportant. In his own words, "The main thing is to keep the main thing the main thing."

See if you recognize which motivational trainer espoused this similar philosophy:

"There are things within your power, and there are things beyond your power. Within your power are opinion, aim, desire, aversion; in a word, whatever affairs are your own. Beyond your power are body, property, reputation, office; in a word, affairs not properly your own. Concern yourself only with what is within your power.

The essence of good consists of things within your own power; with them there is no room for envy or emulation. For your part, do not desire to be a general, or a senator, or a consul, but to be free; and the only way to do this is a disregard of things which do not lie within your own power."

If you guessed Zig Ziglar, Howard Brinton, or Anthony Robbins, guess again. Its author referred to it as a "field manual for soldiers." It was carried by Frederick the Great on all his campaigns. It was written by the Stoic philosopher Epictetus.

Stephen Covey conveys a similar message when he suggests drawing two concentric circles with a dot in the middle. He equates the dot in the middle to you, the first circle as your area of influence, and the outside circle as your area of concern. He suggests that you concentrate only on the circle of influence, things which you have the power to influence or change. He advises that you disregard those in the area of concern over which you have no influence or power.

Just Listed!!!

Charlotte NC Real Estate 

MLS # 968800
Offered at $149,900

3 bedrooms, 2 full baths, located in Highland Creek, vaulted ceilings, open floor plan, gas fireplace in the great room, eat-in kitchen, fenced yard with patio...more

 


Call today to schedule your personal tour of this home!

Just Listed

Charlotte NC Real Estate 

MLS # 968188
Offered at $39,900

Vacant lot near in a great community on the shores of Lake Norman ready for your custom home! This great subdivision offers large home sites where you can bring your own builder in a location convenient to Mooresville, shopping and desirable schools...more

 

Call today to schedule your personal tour!

Monday Morning Coffee

Monday Morning Coffee

INSPIRATION FOR TODAY:

"If you're gonna go, go like hell.
If your mind's not made up,
don't use your spurs."

From "Don't Squat With Your Spurs On!"
("A Cowboy's Guide to Life" by Texas Bix Bender)


LIVE WITH PASSION!

When you're ready to ride, don't wear your Nikes. Put on your boots and spurs, and let your horse know you mean to ride hard. Then - ride with passion.

How many times have you thought of achieving a dream - only to spend more time in the dreaming and planning than in the doing? No problem - we all do it from time to time. The old nemesis - fear of failure and the unknown - haunts all of us occasionally, keeping us from reaching our objective.

Think back to the last time you took action with a burning passion! Were you competing for a gold medal, fighting for your life under adverse circumstances, or vying for the heart of your beloved? Something was motivating you to the limit, and you refused to quit.

So, what's your passion right now - today? Maybe it's an education, a new career, getting in shape, having more freedom, money & status, or closer family ties. Whatever your desired direction in life, put on your spurs, mount your horse, and hit the trail! There's no greater joy in life than putting everything you've got into an achievement - and then realizing you've overcome all the obstacles.

Ride hard, buckaroo!

Heidi's Top Picks for the Week

Here are my top picks for the week!

For more details on these and other properties
check out my Featured Properties
.
 

Charlotte NC Real Estate

Offered at $424,900
Fountaingrove, 5 bedrooms, 4.5 baths, bonus room...more

Charlotte NC Real Estate

Offered at $169,900
Short sale, 3 bedrooms, 2 baths, bonus room, sunroom...more

Charlotte NC Real Estate

Offered at $219,900
Huntersville, 4 bedrooms, 3 baths, bonus room...more

Charlotte NC Real Estate

Offered at $129,900
Lake Norman, 2 bedrooms, 2 baths, great water view...more

Charlotte NC Real Estate

Offered at $249,900
Highland Creek, 3 bedrooms, 2 baths, sunroom...more

Charlotte NC Real Estate

Offered at $399,900
Harrisburg, 5 bedrooms, 3 baths, sunroom, rec room...more

Charlotte NC Real Estate

Offered at $149,900
Charlotte, 3 bedrooms, 2.5 baths, loft...more

Charlotte NC Real Estate

Offered at $272,400
Highland Creek, 4 bedrooms, 2.5 baths, office...more

Charlotte NC Real Estate

Offered at $299,900
Highland Creek, 5 bedrooms, 2.5 baths, finished 3rd floor...more

Charlotte NC Real Estate

Offered at $240,000
Sought after area, 4 bedrooms, 2.5 baths, bonus room...more

 

Now is a great time to buy! The average current interest rate for a 30-year fixed mortgage is 4.57% and the average rate for a 15-year fixed mortgage is 4.07%! Call today to schedule your personal tour of these or any other homes and find the home to fit your lifestyle!

Just Listed!!!

Charlotte NC Real Estate 

MLS # 949656
Offered at $119,900

3 bedrooms, 2.5 baths, income producing property - tenant in place! Private, fenced backyard with oversized deck, wrap around porch, eat-in kitchen, formal dining room, masonry fireplace in great room, new roof in 2009...more

 

Call today to schedule your personal tour of this home!

Contact Information

Photo of TeamHeidi® Heidi Hines, TeamHeidi, Charlotte, Charlotte NC, Charlotte Homes, Charlotte NC Real Estate, Charlotte Homes for Sale
TeamHeidi®
Hines & Associates Realty
19615-B Liverpool Parkway
Cornelius NC 28031
Direct: 704-458-4636
Fax: 704-815-3256