The Tradition of Old Town Pinehurst

Fore Properties Realty Inc., a member of Leading Real Estate Companies of the World® is proud to announce the addition of Mike Doninger to their broker sales team, and Fore Properties affiliation with the marketing of The Tradition of Old Town, Pinehurst’s new upscale luxury townhouse community.

Doninger, in tandem with Wayne Haddock of Pinehurst Homes, Inc. is developing The Tradition of Old Town, a unique and upscale 20 town home project. Ground breaking ceremonies were held on Oct. 23rd and the grand opening the Design Center showroom was held this past Thursday evening.

Wayne Haddock of Pinehurst Homes, Inc. was carefully selected as the builder for The Tradition of Old Town. Pinehurst Homes, Inc. is the only builder honored with 11 straight Home builder awards, including 15 awards for Home of the Year from the Moore County Home Builders Association.
“My home is in the Village of Pinehurst. The preservation of the Village is a top priority of mine. I have restored numerous homes in the Village and take great pride in the final product. The Tradition of Old Town is a town home project consisting of 20 individual units. Each unit was designed featuring a historical home in the Village. I am extremely proud to be associated with a development group whose intent is to maintain the architectural ambiance of Pinehurst. They are committed to deliver a well built, upper end product that we can all be proud of. This is a great start for the New Core Historical District that will set precedence. I am proud to be a part of it. The permit that was pulled for this project is the 25th for Pinehurst Homes, Inc. in the historic district. We are very proud of this distinction” says Haddock

“The Tradition of Old Town will be a world class community in a world class Village honoring the history and spirit of Pinehurst and ushering in another page to the town’s storied history. Mike is doing everything possible to honor that tradition and will be a very familiar presence on site, shepherding the property to its completion.” Bill Sahadi, owner/broker of Fore Properties adds.

Mike Doninger enthusiastically speaks about his project. “The Tradition of Old Town is the culmination of a dream of mine to combine my love of golf with my chosen professions of real estate and land development. I have a deep respect and appreciation for Pinehurst’s rich history and reputation as one of the world’s foremost golf Meccas.

There are only twenty town homes being offered and all come with a membership to the Pinehurst Country Club. This membership includes access to six Pinehurst golf courses, including world famous Pinehurst No. 2. In addition, Pinehurst Country Club members enjoy access to tennis, lawn sports, dining, social activities, pools, beach club and spa facilities.

Some of the features of these 20 custom residences, which range from 3100 – 3700 sq. feet, include state of the art appliances, bathroom & kitchen fixtures, European tile, granite surfaces, hardwood flooring, two car garages with optional buildable space above for home/office, recreation room or live-in help purposes. “Although these homes come with every conceivable option we will work closely with our future owners to further customize any facets of the homes they choose, comments Cindy Baker, Allied Member, ASID, and owner of CJ Designs located in the Historic district of Fayetteville.

“On a long term basis, and in conjunction with future planning, The Tradition of Old Town will continue to capture and preserve the feeling that Pinehurst evokes. That will never change.” comments Sahadi.

For more information about The Tradition of Old Town, please contact Mike Donninger at 919 280-3086 or Bill Sahadi at 910 638-0888.

www.foreproperties.com

Experience Matters!
Bill Sahadi - Broker / Owner
1140 Old US 1 Southern Pines NC 28387
Office: 910.692.4211
Toll Free: 800.473.5037
Cell: 910.638.0888
Pinehurst Real Estate • Southern Pines Real Estate
Seven Lakes Real Estate • Moore County

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For more information about this and other Pinehurst Real Estate, contact Bill and be sure to visit www.ForeProperties.com.

Click on the image below to read more about 201 National Drive in Pinehurst, North Carolina.

201 National Drive - Pinehurst North Carolina

Pinehurst Real Estate
Pinehurst, NC
Nicklaus designed golf course at the National
Pleasant drive to Fort Bragg, Chapel Hill, Cary, Fayetteville, Raleigh, Durham and other North Carolina locations. Just a quick trip to RDU International.

Texas, North Carolina and Georgia have the best business climates among the 50 states, according to a recent survey of executives by Development Counsellors International.

North Carolina ranked second among the 281 respondents, with 30 percent saying the state has the best business climate.

Texas was No. 1 among 41 percent of survey participants, while Georgia was third (20 percent). They were followed by Tennessee and Florida (15 percent each) and Nevada (14 percent).

Executives frequently cited a strong labor market and low operating costs in selecting the top states.

The poll placed California, New York and Michigan at the bottom.

China, India and Mexico were selected as the top countries outside the U.S. for investment.

Development Counsellors’ “Winning Strategies in Economic Development Marketing” survey has tracked development trends since 1996.

The New York-based organization specializes in economic development and tourism marketing.

For more information about Pinehurst Real Estate, contact Bill and be sure to visit www.ForeProperties.com.

For more information about this and other Pinehurst Real Estate, contact Bill and be sure to visit www.ForeProperties.com.

1645 Wadsworth Road

Pinehurst Real Estate specialist

Bill Sahadi, CRS

reprinted from the N.C. Bar Monthly Newsletter - Dec. 2006

BY WILLIAM G. SAHADI, CRS

In the past seven years I’ve been involved in more than 400 real estate transactions. That is 400 first-hand opportunities to view the value that a good real estate attorney brings to the table. The majority of these transactions have involved the sale of residential homes. In no less then 40 per- cent of these transactions emotions, misunder- standings, egos, timing and legal issues have reared their ugly head.

Imagine a symphony without a conductor, or a wheel without an axis. From the start, careful and caring real estate brokers perceive themselves as the Gatekeepers of the Transaction. It is from their relationship with the client that the stream of guidance, advice, and assistance begins. Relationships with the lenders, insurance compa- nies, inspectors and attorneys follow. For all these relationships, the attorney and the realtor are the ones who touch base with all the players. Their good communication is vital to an expedient and successful closing. In one sense, the realtor runs the entire race with the client, but it is only the attorney who can help them cross the finish line.

The attorney’s main role is to deliver good title to the client, prepare and review the settlement statement, prepare the deed transferring owner- ship and oversee the steps necessary to ensure the seller has clear title to the property and that the funds for purchase are properly transferred. By no means is this high-dollar entertainment. Yet a good attorney can make the whole process work even better by adopting the rhythms of the relationship that the client and real estate broker have formed. In the unfortunate situation of a fractured broker/client, or seller/buyer relation- ship, their presence, awareness and understand- ing are even more vital.

At some closings, it’s not uncommon for attor- neys to don their referee’s zebra outfits replete with a whistle around their necks. They have picked up the baton from the real estate broker and it’s their demeanor, their guidance and their understanding that gets the deal done. So many times issues arise that require cajoling, negotiat- ing and reasoning with the client. In almost all of these cases, it is the attorney who takes center stage. It is the attorney who has to resolve the issues. Title insurance companies do not offer this service.

We live in a consumer-savvy environment. Our clients are more educated today than ever before. Their awareness of price shopping is acute, yet all the articles and arguments about why title compa- nies can offer the client a more cost-friendly fee to handle their closing (and this is questionable), misses the most important point of what matters and of what is of true value. Is it valuable to save money when your interests might not be properly served? Is it cost effective to save a few dollars on most people’s largest single lifetime purchase? Is it wise not to have a good attorney overseeing any possible issues or watching for missteps that might affect the bottom line of the clients’ trans- action?

Finally, many realtors walk a fine line in drawing up documents and giving their clients advice, legal advice that should only come from the attorney representing their interests. We have developed a strong relationship with two area attorneys who are there for us when we call. They are there for us when we are drafting documents. They are there for us to help us serve our client. Many of our contracts and communications with our client are written with attorney assistance/guidance.

Four hundred transactions have taught me the value of good representation for my clients. My solid attorney relationships have enabled me to serve my client better, thereby making me a better real estate broker. A successful real estate attorney should always align himself/herself with reputable real estate professionals. They should market themselves to us as liability reduction experts, and always try to personalize and under- stand the relationship we establish with our clients along the way, so that together, we are both equipped to help one another. In this scenario, everyone wins, especially our client.

SAHADI IS A BROKER AND OWNER OF FORE PROPERTIES REALTY INC. HE CAN BE REACHED HERE.

The team at Fore Properties consists of 6 agents with a combined experience of over 89 years in Real Estate. We can serve your needs from new construction to real estate rentals. We specialize in all areas from Pinehurst, Southern Pines, Whispering Pines, to the Carthage, Cameron & Seven Lakes/West End areas. Feel free to stop in or call to see what our team of real estate professionals can do for you.

Search our real estate database, give us a call or stop by our office! We look forward to meeting you!

• Search for Pinehurst Real Estate
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  1140 Old US 1
  Southern Pines, NC 28387
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  Tel: (910) 692-4211
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Experience Matters!

Nostalgia linksters who remember Payne Stewart’s last colorful 1999 Open round before his untimely death or recall Ben Hogan’s first tournament win in Pinehurst, or you care most for golfing today, the Pinehurst-Southern Pines area combines memories and excitement enough for all.

Pinehurst # 2, designed by the legend Donald Ross, has played host to the U.S. Open several times while nearby Pine Needles hosted the Women’s Open in 1996 and 2001, and other courses regularly host special events.

It is not accidental that this small golf mecca has grown up around the unique village of Pinehurst, a remarkable recreational and living spot designed by Frederick Law Olmsted, creator of New York’s Central Park. The locale was sufficiently appealing that Donald Ross dropped by at the turn of the 20th century to re-design a golf course and stayed for forty-eight years to design a handful of local courses and a hundred plus courses around the country, always calling Pinehurst #2 his “home course.”

These courses are accessible via Amtrak, airport limo from Raleigh, Greensboro, or Fayetteville, and several interstates. The Sandhills’ benevolent weather makes them playable almost daily throughout the year, and the area offers an array of remarkable restaurants and shopping for hours not spent on the course.

Contact Bill - Search for Homes

Click the image above to see the full color brochure.

• 193 Tuscarora Road, Warrior Woods
• Lakefront Property
• MLS#125744
• $389,00
• 3 Bedrooms
• 2 Bathrooms
• 2800 + Square Feet
• Irrigation from Lake
• Choice Hardwoods
• Stainless Appliances
• Granite Countertops
• Dock
• Screened Porch
• Deck

Please call Bill Sahadi at 910-638-0888
http://www.foreproperties.com

Experience Matters
Serving your Pinehurst, Southern Pines, Whispering Pines and Seven Lakes Real Estate needs

For more information about this and other Pinehurst Real Estate, contact Bill and be sure to visit www.ForeProperties.com.