Residential Lots – No Payments on Lots for 2 Years!

 

Lakewood Monument in Denver, North Carolina
Lakewood Monument in Denver, North Carolina
Killian Crossing in Denver, North Carolina

Killian Crossing in Denver, North Carolina

 

 Residential Lots – NO PAYMENTS FOR TWO YEARS!!  You read that right!

 

Hecht Development is offering no payments for two years on Hecht Development Inventory Lots. They will pay your interest payments for 2 years if you use Peoples Bank and the Hecht Development Attorney. Restrictions do apply and I can provide you with all of the details!

Two Year summary:

The loan is a standard vacant lot loan through Peoples Bank, the buyer has to have a down payment and qualify for the loan. The minimum downpayment is 10% for someone who plans to build in the near future.  Peoples Bank may require more of a downpayment from Builders or Investors.  The lot loan is set up for two years with interest-only payments.  This will give the buyer time to get prepared to build, sell their current home and go through the planning and approval process.  This allows for the buyer to roll this loan into a construction loan and start building after 24 months.  The buyer could also go back to Peoples Bank to extend their lot financing or have it restructured for a longer term, if need be.  Of course, after the first two years the payments would belong to the buyer. The theory behind this deal is that within two years our economy should be much better and during the two years the only costs the buyer has is property taxes and the homeowner association dues.

At closing, the interest payments for 24 months is computed, that money is deducted from the seller’s side of the closing statement and deposited with the bank.  From that point until the end of 24 months, the money is debited from the account monthly to make the payments on the buyers lot.

This Special Deal is Available in the following Communities:  Autumn Woods, Fairfield Forest, Bay Crossing, Fox Chase, Holly Pines, Kerns Meadow, James Plantation, Kerns Meadow Acreage Lots 1&2, Killian Crossing, Lakewood, Miners Creek, Stoney Ridge and Wynswept.

Call me for More Information on these Subdivisions and this Special Deal at (980) 722-4971 or E Mail at michelle@c21hecht.com!  We have packages prepared that can also be sent via e-mail or mail on each community!

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About Michelle Nantz

There are many qualities and skills that go into being an excellent real estate professional: integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills, and a high-quality professional network ~ all of which are hallmarks of Michelle Nantz. In 2003, Michelle began her career in real estate, after a successful career in restaurant and hotel management with her last position as Regional Director of Operations running 56 hotels throughout two states. She owes her success in real estate and management to her expertise in people skills, managing, negotiating, and follow-up. However, it is Michelle’s dedication to quality service that she ultimately credits her success. Michelle shared, “In my experience as a Lake Norman real estate professional, I’ve found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to their needs.” This “client first” philosophy combined with continual personal improvement and keeping up-to-date with the latest technologies is a cornerstone of both Michelle’s and Lake Norman Realty’s business philosophy. In addition to Michelle’s extensive real estate education and her experience in the local market, she is also an Accredited Staging Professional®, which brings additional value to marketing her clients’ homes. Michelle and her family have made the Lake Norman area their home for over 10 years. In her rare leisure moments, you’ll find Michelle with her three children and husband, or unwinding with gardening or reading. “I live and work in this community and only have the best interests of our community and its members in mind,” says Michelle. Her community activities include participation in Denver Days, Relay for Life and support for Christian Ministries and area schools.
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