Pinehurst Real Estate

Bill Sahadi, CRS, of Fore Properties talks about selling a home (home sales) in today’s market in the Pinehurst and Southern Pines area of North Carolina. It’s a buyer’s market and sellers need to make sure they have reasonable pricing expectations. Fore Properties is in Southern Pines, North Carolina. If you’re relocating, give Bill a call.

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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201 National Drive - This home is the rarest find and value in the Pinehurst area. Nestled behind the challenging Par 4 7th hole, this custom brick built home is the single best gated community value in the Pinehurst area.
This home is now priced ahead of the valuation curve in our area. I invite you to see this home and compare for yourself.

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.

Moore County offers some very special and unusual properties. This particular home sits outside city limits and offers a rural setting with a Tuscany feel. The detached cottage offers the buyer a lot of potential for a study, an in law suite or an office.

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

NAR’s latest Pending Home Sales Index, which is based on contracts signed in May, fell 4.7 percent from April and was 14.0 percent below its May 2007 level, the association announced this morning. The May index fell month-over-month in all regions: by 1.3 percent in the West, 2.9 percent in the Northeast, 6 percent in the Midwest and 7.1 percent in the South. Year-over-year, the West posted a 2.0 percent increase from last May, but the Northeast, Midwest and South dropped by 16.4 percent, 13.8 percent and 22.1 percent, respectively.

In its latest forecast, which was also released this morning, NAR projects that existing-home sales will fall 6.1 percent in 2008 to 5.31 million, then rise 5.0 percent to 5.58 million in 2009. The median existing-home price is expected to fall 6.2 percent this year to $205,300, then rebound by 4.3 percent in 2009 to $214,000.

NAR currently projects new-home sales will decline 32.3 percent in 2008 to 525,000, then fall another 3.4 percent to 507,000 in 2009. The median new-home price is expected to decline 3.2 percent to $239,300 this year before rising 5.3 percent in 2009 to $251,900.

NAR chief economist Lawrence Yun says the performance of local housing markets varies greatly. “Some markets have seen a doubling in home sales from a year ago, while others are seeing contract signings cut in half. Price conditions vary tremendously, even within a locality, depending upon a neighborhood’s exposure to subprime loans.”

A Realtor’s Perspective on the Difference a Good Real Estate Attorney Can Make

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.

Experience Matters!

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.

It’s a beautiful Monday afternoon in Southern Pines and Pinehurst, North Carolina (and surrounding areas, which include Whispering Pines, Seven Lakes and Aberdeen). The sun is peeking out between some clouds, but we’re seeing periods of bright warm sunshine. Spring is just around the corner. In other parts of the country, the snow is becoming a sooty, slushy mess! Not so here in the Sandhills though, which makes it an ideal place to relocate. Whether you’re looking for a retirement home, are being relocated to Fort Bragg by the military, have an interest in an equestrian community or are (or thinking of becoming) one of the lucky families who chooses to like in Moore County, NC, we’ll help you find the home that’s right 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
• Visit our Web Site
• Stop By our office
  1140 Old US 1
  Southern Pines, NC 28387
• Call us now!
  Tel: (910) 692-4211
• Use the contact form

Experience Matters!

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.

We wanted to share this testimonial from a client to show the kind of service you can expect from Fore Properties. Whether you’re buying or selling a home in Pinehurst, Southern Pines or anywhere in Moore County, North Carolina, experience matters. You’ll find that experience with the team at Fore Properties!

Tenafly, New Jersey 07670-2648

Friday 25 January 2008

Mr. William G. “Bill” Sahadi
Broker/Owner
Fore Properties Realty Inc.
1140 Old U.S. 1 South
Southern Pines, North Carolina 28387

Dear Bill:

I feel compelled to share with you my thoughts regarding the real estate sale transaction you most recently assisted me with.

Going into this I had great trepidation and suspicion for both the process and the unknowns in any residential property deal. To say that I met this task with fear, loathing and disdain would have been an understatement.

I am hard pressed to think of any other real world situation having the potential to create levels of emotional stress and anxiety such as I had anticipated; given the present conditions of financial markets, lending rates and residential real estate listings.

Your professional demeanor, expertise and involvement proved invaluable in helping my family accomplish our objective. The advice and suggestions you offered, and more importantly, how you presented and explained those was just right; calm, rational, to the point, and always keeping my best interests in mind. You are certainly a rare individual.

For and on behalf of the Bruno family I offer our most sincere thanks and appreciation.

Yours faithfully,
Sam A. Bruno

Contact Bill  - Search for Homes

The weather here in Pinehurst has been beautiful. While driving around town yesterday, we saw shoppers and golfers out in just sweaters. It was a perfect day for walking the streets to browse the shops in the village. Just look at the beautiful blooms on these plants and the bright sun in view as we walked toward the Theatre Building. Sure, we get some cold weather. Overall, the climate is quite mild, and I can remember years during which I never had to take the winter coat out of the closet.

Because of the proliferation of the longleaf pines in the area, it stays green in Pinehurst the year round. The sky is Carolina blue and the people are friendly. What more could you ask for?

For whatever the reason, relocating to Pinehurst, North Carolina is worth considering. Give us a call or fill out the online contact form. Search for your ideal Pinehurst home.

Office: 910.692.4211
Toll Free: 800.473.5037
Cell: 910.638.0888