Category Archives: REAL ESTATE
Developers statewide rush to exploit obscure Supreme Court ruling
Look out Mr. & Mrs. Homeowner! Your water bill each month could skyrocket, unless state legislature acts!
RALEIGH – Many states have statutes that allow county-owned utilities – like the Pamlico County Water Department – to collect an ‘impact fee’ from developers of real estate subdivisions.
Often sizable, these charges (also known as capital reserve fees) are usually set aside by a government-owned utility to help fund future expansion. The monies have the reputation of being a costly thorn in the side of…
Or: “The Mysterious Case of Oriental’s Missing Minutes!”
The Oriental Town Commission met Monday to release some, but not all, of requested Closed Session minutes. From left, Commissioners Charlie Overcash, David White, and Barb Venturi; Mayor Warren Johnson, and Commissioners Larry Summers and Sandy Winfrey.
ORIENTAL – Please stick with this: The story is equal parts funny, serious, and confusing. The narrative concerns a controversial land swap, but also has elements of a fascinating TV-show ‘who-done-it?’
If North Carolina had no huge, gaping exceptions to its prof…
By David Cox
When the Oriental Town Board closed Avenue A on July 3, 2012, and the end of South Avenue on April 2, 2013, they swindled me and other property owners out of our private property rights.
I’m not making this up.
The principle is spelled out in more than a century of North Carolina Court decisions, most clearly in a 1956 NC Supreme Court case, Town of Blowing Rock v. Gregorie:
“It is a settled principle that if the owner of land, located …[in a] town, has it subdivided and platted into lots and streets, and sells and conveys [any of] the lots … with reference to the pl…
Current owners, with plan in place, committed to preservation
The Isaac Taylor House was built in 1792.
Mike and Lisa Lentz in her studio.
NEW BERN — It takes a remarkable couple to acquire an historic landmark and create a space that welcomes not only its own community but also surrounding areas. Enter Mike and Lisa Lentz, the current owners of the Isaac Taylor House – originally built in 1792 – at an address now known as 223 Craven Street in downtown New Bern.
Dedication, commitment, time, and love of community spurred the couple’s purchase of a hugely significant piece of history…
The auction was a male-dominated affair, with a dozen showing up, although most kept their hands pocketed.
Mike Gurkins, left, conducted both auctions, while his associate Dewey Dunn used a smart phone to document the give-and-take among bidders and auctioneer.
ORIENTAL – One of this small town’s highest profile commercial properties – known to many as Croakertown – hit the auction block Wednesday morning.
Also up for grabs, in a separate auction, was a fenced parcel and commercial building at the intersection of Straight Road and Highway 55.
Country Boys Auctioneers (that’s…
CARTERET COUNTY – Big, tough, large, and unusual are the ways that Bobby Cahoon of Pamlico County-based Bobby Cahoon Marine Construction likes his jobs.
The firm’s most recent assignment culminated Saturday afternoon during a ‘pull the plug’ ceremony at Bogue Watch, a new upscale residential community on the shoreline of Bogue Sound.
The spectacle was equal parts entertainment – attracting a crowd of approximately 300 people – and carefully orchestrated excavation of a dirt ‘plug’ separating the community’s new marina from the vast waters of the picturesque sound…
Buildings, originally constructed in the late 1940s, have become a liability on the site, which was used for decades as the former Bridgeton Elementary School.
BRIDGETON – Town officials hope to acquire a six-acre riverfront site on B-Street, which was once the home of Bridgeton Elementary. However, the site’s long-time owner, the Craven County Board of Education, sent abrupt word Tuesday night – during a Bridgeton town board meeting – that future negotiations could get testy!
Having recently spoken with an attorney representing the Board of Education, the Bridgeton town atto…
Special to the County Compass
ORIENTAL — CENTURY 21 Sail/Loft Realty is pleased to announce that Larry Gwaltney, Owner/Realtor/Broker, has earned the CENTURY 21 Quality Service Producer Award.
Realizing that customer service is an integral part of its commitment to professional excellence, CENTURY 21 Real Estate has recognized Larry Gwaltney of CENTURY 21 Sail/Loft Realty with the CENTURY 21 Quality Service Producer Award.
This national award is presented annually to those CENTURY 21 System members who receive a minimum return rate of 30 percent on their post-transaction cli…
Reveals plans for $3.5 million Community Center
By Penny Zibula | Staff Writer
FAIRFIELD HARBOUR – On Friday, Nov. 22, Property Owners Association Board of Directors President, Larry Knapp, said a proposed Community Center may cost property owners as much as $3.5 million.
Knapp’s comments came during his recent deposition, which is part of the discovery phase for a civil suit filed against the Fairfield Harbour Board of Directors by a group of approximately two dozen property owners.
The plaintiffs claim, among other things, that members of the 2009-2010 Board conspired to impr…
By Penny Zibula | Staff Writer
WILMINGTON – Monday evening, approximately 30 individuals from several communities in eastern North Carolina met for a presentation by members of HEAR, an acronym for Homeowners Education, Advocacy Rights, a group intent on working for legislative changes in the way HOA’s and POA’s are run.
In North Carolina, 53 percent of the population lives in some kind of homeowners association or property owners association.
“About 30 per cent are doing well, and the rest aren’t run well, said HEAR4NC Advisory Board member, Ed Gurski, as he began the meeting.…