Page 1

GOLF FRONT THE FAIRWOODS ON SEVEN

90 HEARTHSTONE ROAD • PINEHURST

The Residence enjoys a premier location on the 17th Hole, with privacy maintained by beautifully landscaped hedges and gates. Built in 2007 on .66 acres, the property has 3 BR, 3.5 BA, a gourmet kitchen, study with fireplace, master suite with conservatory and three car garage. The exquisite quality in construction is matched by the best in residential technology. Features include: custom leaded windows in conservatory, quarter sawn oak floors, custom milled stepped crown molding, sealed and conditioned crawl space, a Kohler 30 KW generator, 650 bottle climate controlled wine closet, built in surge and lightening control systems, Healthy Climate air filtration system and Fianni tankless “green” energy water filtration. Brilliantly conceived and built to the highest standards. Offered at: $1,745,000

Maureen Clark

910∙315∙1080 • www.clarkpropertiesnc.com Prudential Gouger, O’Neal & Saunders Real Estate Clark Properties of North Carolina

$172,000 PINEHURST 3BR2BA. The perfect CottageStyle home w/an OPEN FLOOR PLAN, SCREENED PORCH, TREX DECK & FENCED YARD. Nice Upgrades! MLS# 143964

$305,000 PINEHURST #6! 4BR-2.5BA, Upscale area near the best schools, shops, hospital & Golf! New HW floors, Granite Kitchen, high-style Landscaping, Screened Porch & more.

$235,000 Vass (Woodlake CC) 4BR-2.5BA. Newer Colonial inspired Home w/open Living Room, xlg Formal DR & Separate Den. Superior Gated Community close to Ft. Bragg. MLS 142322

Introducing our new floor plan featuring 3 Bedrooms, 3 Baths PLUS a Carolina Room and Den! Prime location overlooking Hole No. 2 on the Prestigious Arnold Palmer Signature Golf Course at the Mid South Club. Includes Holly membership to the Mid South & Talamore Golf Clubs. —————————————————— Call Mary Wilson-Wittenstrom, Broker for additional information 910-724-9555 office 910-783-7002 cell www.camdenvillas.net

Lucretia Pinnock $218,000 WHISPERING PINES (Royal Woods Area). All Brick 3BR-2BA in Move in Condition! Bonus/Recreation Room, SCR Porch & FULL walkout BASEMENT! Farm Life Schools!

$239,000 PINEHURST, 3BR2.5BA, 2841 Sq Ft. All Formals plus 2 Carolina Rooms, private PATIO w/FISH POND, superb Master Bath & PCC MEMBERSHIP! MLS# 143209

Business 910-692-6767 Cell 910-215-6957 AllPinehurst@gmail.com

$169,000 SEVEN LAKES, Newer 3BR-2BA on 1.5 Acres! Open Kitchen, DR & LR w/high ceilings, gas Fireplace & LARGE SCREENED PORCH. Lakes, Pool, Stables & More!

(910) 295-1600 Visit www.SellersHomes.com

Commissions are negotiable and not set by law.

30201 EAST LAKE RD. Spectacular Golf Front Home Spacious and Stunning Brick Home in Deercroft CC! Well maintained and Immaculate 4 Bedrooms, 2 Baths, 3 Car Garage, screened porch to enjoy the view! Beautiful Landscaping with extra lot included with sale. $250,000 MLS#144539

Pinnock Real Estate & Relocation Services, Inc. Call or e-mail to Request A Copy of the Real Estate Report

56 VILLAGE GREEN CIR. Price Reduced $118,500 Convenient and Spacious Condo/Townhouse in Village Green! Large 2 Bedrooms, 2 Baths, Large eat-in Kitchen with new flooring and new refrigerator. Living room has a beautiful bay window and screened porch. Motivated Seller! MLS#142987

115 E. Pennsylvania Avenue, Southern Pines, NC

www.PinehurstHomeSearcher.com

New Listing

NEW LISTING

Gouger O’Neal & Saunders Real Estate

144495 Aberdeen: All New Interior Paint & Flooring! 3BR/2.5BA. Wrkshp! Lrg Lot! $169,900! PRU5D7B5 Donna Chapman 910.692.2635 910.783.6061

NEW LISTING

144377 Nice, neat 3BR/2.5BA ranch within walking distance to downtown So. Pines. $169,900 PRU5Z9Q9 Jill Greenleaf 910.692.2635 910.783.6139

NEW LISTING

144500 Village Acres: New Hrdwd Flooring & Fresh Paint. Fireplace, Split Plan. 3BR/2BA. $198,500 PRU4J7F2 Kay Beran 910.692.2635 910.315.3322

NEW LISTING

910.638.0972

144554 Knollwood Village: 3,000sf, 3BR/3BA. Pristine Condition! $224K PRU3C8U7 Eva Toney 910.295.5504

L og on t o ww w. p ru d e n t i alp r op e rt i e s. co m Enter the P RU ID for our Eas y S ear c h or S na p & S ea rc h w i th o u r F R EE A P P o n y ou r Sm a r t Ph o n e

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©2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity.


Joan Annis

PAGE D2

PROPERTY TRANSACTIONS

THE PILOT — SOUTHERN PINES, N.C.

Cell 910.690.8296

Midland Country Club Spacious brick home on 9th Fairway at Midland Country Club. This home has a large living/dining room combination; kitchen with breakfast nook overlooking courtyard. Cozy Carolina Room with gas fireplace, wet bar & half bath. Each bedroom suite has a private bath. Expansive golf views from Carolina Room, Living Room and Dining Room. Offered at $215,900 Contact Joan Annis 690-8296 for more details.

Box 1511 - 2209 Midland Road - Pinehurst, NC 28370 800.633.8576 - 910.295.5011 - Fax 910.295.6000 WWW.PINEHURSTAREAREALTY.COM

W ! NE ING T LIS

WELCOME U.S. KIDS WORLD GOLF CHAMPIONSHIP!!! T RS IP HURSH E PINMBE ME

190 WESTCHESTER CIRCLE, PINEHURST Warm, inviting home in wonderful neighborhood close to the Village! 3br. 2 bath! Split br. plan, large eat in kitchen, formal dining room, living room with vaulted ceiling, gas fireplace and built-ins. Sunporch and deck are great for relaxing! Offered at $215,000. MLS #144549

240 BURNING TREE RD., PINEHURST Equinox all brick home! 3 br. 2 1/2 baths, Lots of hardwood floors and crown molding! Master bath with corner jacuzzi & separate vanities. Gas log fireplace in living room. Lovely screen porch and deck! Oversized garage with large storage for golf cart and workshop! PCC available! Asking $249,000! Please call Sandy for appt. MLS #143946

Sandy Haarlow

“Selling Pinehurst & Southern Pines Since 1985” 910-315-4269 (C) • 800-752-4836 www.sandysellspinehurst.com e-mail: sandyhaarlow@remax.net

RE/MAX Prime Properties

CALL SANDY TODAY FOR A SHOWING 910-315-4269

TAMMY LYNE,

Realtor

910-603-5300

"Choose a Realtor who is also an experienced State-Certified Appraiser" To see MY LISTINGS and ALL area MULTIPLE LISTINGS go to

www.TammyLyne.com

The Moore County Register of Deeds Office in Carthage has recorded the following property transfers valued at $50,000 or more. July 25-29, 2011 Charles Demercer Et al. to Regions Bank, Trustees Deed B3150/141 1.12 acres, Greenwood Township, 11 SP 149 $112,500. Joy Y. Reese Et al. to Branch Banking and Trust Company, Trustees Deed B1940/283 4.00 acres, Carthage Township, Exception, 11 SP 105, $125,500. Westside Holdings LLC to Bambi L. Beatty, Lot 339B S4 Whispering Pines, $279,000. Ronald W. and Angela J. Glover to Michael P. Glover, 1.50 acres, Mineral Springs Township, $104,000. Laura R. Sangiuliano Et al. to Christine A. Gaudette, Lot 245 U8 P1 Pinehurst, Mineral Springs Township, $195,000. Wister R. and Connie B. Harrison to Michelle S. Vincent, Lot 313 S7 National Golf Club, McNeill Township, $461,000. Ashley H. Richey and Ashley Helms to Irvin W. Brown, Unit 502 Hyland Hills Resort Condo, $79,000. Robert M. and Mary A. Warren to Jonathan W. and Bethany C. Jackson, Lot 3 P1 Kings Grant, Mineral Springs Township, $211,000. Brenda J. Gress Et al. to Mark Villone, Lot 535 Seven Lakes North, Mineral Springs Township, $172,000. Dana Properties LLC and Jason Sutton to Crescent State Bank, Trustees Deed B2172/205 Tracts, 11 SP 136 $135,000. Brandon Valkos Et al. to Wells Fargo Bank NA, Trustees Deed B3434/72 Tract, 11 SP 76, $167,000. Hoover Family Properties LLC to Ronald E. Lichtenfels, Lot 82 U1 P1 Pinehurst, Mineral Springs Township, $275,000. First Bank to Church of God in Jesus Christ Apostolic and Church

FRIDAY, AUGUST 5, 2011

of God in Jesus Christ, 1.849 acres & 5.15 acres, $225,000. Jasper C. Watson to John H. Roe III and Alicia C. Brinton, Lot 247 S4 Sandhurst South, Sandhills Township, $182,000. FC Pinehurst LLC to Dale and Fumiko Wronko, Lot 258 P1 Legacy Lakes, Sandhills Township, $104,000. James R. and Monica M. Trudell to Charles H. and Ann Griewahn, 5 acres, Mineral Springs Township, $60,000. Stephen W. Dana Et al. to Bank of New York Mellon and American Home Mortgage Investment Trust 2004 4, Trustees Deed B2668/580 0.44 acres, Exception 11 SP 188, $98,000. H&H Investments Inc. to H&H of Fayetteville LLC, Lots 8788 P2 Sinclair Little River Township, $70,000. Patsy G. Harwood to Nicholas and Dorothy A. Stamatopoulas, 3 acres, Ritter Township, $109,000. Tradition Homes LLC to David K. and Emily W. Bhatta, Lot 193 P1 Legacy Lakes, Sandhills Township, $208,000. Wendy A. Labrie to Dermot Solan, Lot 14 S1 Skyline Estates, $65,000. Frank M. and Gail P. Cummins to Brian F. and Marilyn S. Breen, Lot 2303 Windermere Seven Lakes, Mineral Springs Township, $218,000. Frank W. and Mary E. Krohn to Shane K. and Kerri E. Delair, Lot 311 Pinewood Seven Lakes, Mineral Springs Township, $402,000. Alexander Z. Kroustalis to James J. Lipiano, Unit 166 Lakeview Condo, Mineral Springs Township, $112,000. Crystal Ridge Properties LLC to Scott and Crystal Brown, Lot 13 Hunters Landing Sandhills Township, $208,500. Patricia G. Worthy to Bruce R.

Look for

and Susan W. Cameron, Lot 2223 Windermere Seven Lakes, Mineral Springs Township, $154,000. Stephanie Henry Et al. to Richard J. Adam and T. Catherine Maldjian, Lot 125 U3 P1 Pinehurst, Mineral Springs Township, $147,500. Norman H. and Billye C. McLaughlin to Timothy K. and Naomi S. Armstrong, Lot 12 U2 P1 Pinehurst, Mineral Springs Township, $239,000. Joel C. and Karen G. Webb to Steven A. and Susan H. James, Lots 38 & 38A S7 Woodlake, Little River Township, $413,000. Henry G. and Louise Weiss to John D. and Stephanie M. Pritchett, Lot 168 U1 P1 Pinehurst, Mineral Springs Township, $265,000. R&M Commercial Real Estate LLC to Allison P. Nicely, Lot 135 Allred, McNeill Township, $159,000. Neil A. and Jenifer O. Wolfe to Tommy and Julia Overby, Lot 2074 Shropshire Seven Lakes, Mineral Springs Township, $200,000. H&H Homes of Fayetteville LLC to Christopher and Michelle Hollifield, Lot 3 Shepherds Ridge, Sandhills Township, $151,000. McDonald Brothers Inc. to Brian T. and Paula M. Gilligan, Lot 6 Willow Brook Estates, Carthage Township, $425,000. Cyrus Taraporevala and Fie Andersen to Trent Freeman, PT Lots 48 50 & 52 Lakeside Heights, Sandhills Township, $113,000. John S. Lea and Donna Spoon to Marcie A. Kovach, Lots 4041 Hidden Valley Estates, Sandhills Township, $98,000. Adalberto M. and Valerie A. Stratta to Jeffrey D. and Stacy D. Thompson, Lot 58 James Creek Sandhills Township, $340,000. Bryan R. and Betty P. Reep to Neil and Jenifer Wolfe, Lot 84 & PT Lot 85 Wedgewood, McNeill Township, $167,000.

on the back page of today's Sandhills Real Estate

NEW ON MARKET

Whispering Pines $430,000 Aberdeen $135,000 Pinehurst $127,900 Beautiful Custom Home – Seven Acres Terrific Floor Plan – Fenced Backyard Great Buy – Furnished Condo 5 BR / 4.5 BA Code 814 3 BR / 2 BA Code 654 2 BR / 2 BA Code 660

www.218TrailsEndRoad.com

www.240SnoozingPineLane.com

www.105StAndrewsCondo.com

McLendon Hills $399,000 Lovely Home - Equestrian Community 4 BR / 4 BA Code 662

www.192BrokenRidgeTrail.com

Seven Lakes South $195,000 Open Plan – Beautifully Maintained 3 BR / 2 BA Code 680

www.135LancashireLane.com

Midland CC $199,000 Foxfire $379,000 Newly Renovated Brick Golf Front Spectacular Brick Golf Front 2 BR / 2 BA Code 681 5 BR / 4.5 BA Code 688

Foxfire $175,000 CCNC $350,000 Southern Pines $69,900 Inviting Brick Home – Cul-de-sac Location Great Brick Home – Beautiful Golf View Affordable Golf View Condo 3 BR / 2.5 BA Code 693 3 BR / 3 BA Code 700 2 BR / 1 BA Code 702

www.20CardinalDrive.com

www.45BrookHollowDrive.com

www.202KnollwoodVillage.com

Longleaf CC $249,000 Seven Lakes West $319,000 Wonderful Townhouse – Beautiful Golf Views Beautiful All Brick Golf Front Code 708 3 BR / 3 BA Code 704 3 BR / 3 BA

Longleaf CC $379,000 Gorgeous Pristine Golf Front Home 3 BR / 2 BA Code 713

Pinehurst $549,000 Premier Water Front on Lake Pinehurst 3 BR / 2.5 BA Code 715

Pinehurst $75,000 Updated Immaculate Golf View Condo 1 BR / 1 BA Code 717

www.120SaffordDrive.com

www.171StarlandLane.com

www.42WoodlandCir.com

www.142BanbridgeDrive.com

www.325MagnoliaCircle.com

www.3LakeShoreCourt.com

www.210StAndrewsCondo.com

National $649,000 Beautiful & Stylish Golf Front Home 4 BR / 3.5 BA Code 719

$397,700 Seven Lakes West $199,900 Pinewild CC Lovely Custom Home - Open Floor Plan Breathtaking Panoramic Golf Views Code 725 3 BR / 2 BA Code 723 3 BR / 2.5 BA

Pinehurst $209,000 Southern Pines $172,000 Great Location – Generous Sized Rooms Elegant Brick Ranch – Inviting Features 3 BR / 3 BA Code 730 3 BR / 2 BA Code 731

Pinehurst $489,000 Split Plan – Lots of Living Space 4 BR / 3.5 BA Code 734

$298,000 Seven Lakes North $435,000 Aberdeen Spectacular and Spacious Water Front Home Gourmet Kitchen – Oversized Deck Code 736 3 BR / 3 BA Code 735 4 BR / 3.5 BA

Pinehurst $329,900 Pinehurst $182,500 Gourmet Kitchen – Gorgeous Landscaping Wonderful Location – Updated Kitchen 4 BR / 2.5 BA Code 743 2 BR / 2 BA Code 744

www.121StMellions.com

www.135WildTurkeyRun.com

www.167LongleafDrive.com

www.110RunningBrookLane.com

www.60PinewildDrive.com

www.802RobinwoodRoad.com

www.1425MonticelloDrive.com

www.44DeerwoodLane.com

View Floor Plans and Virtual Tours of Our Listings and See ALL Moore County Listings and Community Information at

www.MarthaGentry.com

www.195MidlandRoad.com

www.303HamptonDrive.com

Re/Max Prime Properties, 5 Chinquapin Rd., Pinehurst, NC 910-295-7100 • 800-214-9007

Military?! Check out our Military Advantage Program at www.MarthaGentry.com


Professionally Speaking

FRIDAY, AUGUST 5, 2011

THE PILOT — SOUTHERN PINES, N.C.

When you need to know... talk to Mickey DeBernard

Dear Community,

Pricing Perspectives

Homes are more affordable now than they have been in a generation, but for various reasons, buyers are not snatching up the bargains as we might expect. If buyers get a better grasp on just how remarkable prices and the current opportunities are, the sense of urgency might rise. Much of this article is taken from an article written by Gary Keller, cofounder and chairman of Keller Williams Realty. “Based on the chart below, you can see that the cost of a loaf of bread and a gallon of gas has more than tripled since 1989 and car prices have nearly doubled. While the median price of a new home has increased by 70%, mortgage rates, which stood at 10% in 1989, averaged 4.84% in April of 2011. The impact of rock-bottom interest rates is that the monthly mortgage payment on a median-priced home has hardly changed in more than a decade.” Unless you are a cash buyer, the monthly payment tends to be much more relevant than the purchase price of the home. “For buyers who are waiting for prices to hit the floor, it is important to know that the possibility of a slight drop in the price of a home will have very little impact on the monthly payment, while even a slight rise in interest rates will have a more significant impact. Timing the market

www.NewHeritageRealty.com E-mail: Mickey@NewHeritageRealty.com

to a T is never possible, and in the current market, staying on the sidelines is more likely to result in a missed opportunity than a small savings.” Buyer reluctance in this market only contributes to the number of deals and the negotiating power available to astute buyers. “Buyers who are waiting for the market to recover are in fact waiting for a reduction in inventory, fewer foreclosed properties, rising home prices and sellers who don’t need to be as motivated.” This would be a welcome sight for sellers, banks and the economy, but is not good news for buyers. If you are thinking of buying, now is the time to act! Home Prices Vs. Payment

Bread Gas/gal New car Median Existing home price Mortgage rate Monthly payment

1989 .67 .97 $15,530

2010 2.49 2.73 28,400

$94,000 10% $825

2011 YTD 2.49 3.87 28,400

173,000 4.69 $896

Total Sold

Days on Market

2010

$252,021

862

172

$243,851

422

$258,560

165

693

$276,853

156

920

Year

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sept

Oct

Nov

Dec

2010

45

51

72

94

78

112

77

70

77

54

67

65

90

94

112

92

99

70

47

59

2009 2008

56 20 61

47

75

41

70

42

55

56

69

Jim Murray - President Steve Ennis - Director Christine Menear - Director Barbara Klug - MLS Director Arvilla Sheron - President Elect Peggy Floyd - Director

81 45

72

93 79

76

59

2011 Board of Directors: Laurie Davis - Director Bobby Brooks - MLS Director Lynne Williams - Secretary/Treasurer Dave Craft - Director Elizabeth Childers - Past President Denise Roberts - MLS Director

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142

Moore County, Single Family, residential only, number of closings by month: 2011

OPEN HOUSE FOXFIRE Sunday 1-4PM: $10,000 Opportunity

Director

Average Closed Price

2008

1901 N. Poplar Street • Aberdeen NC

Sincerely,Peggy Floyd

Year

2009

Affiliated Builders • McArnold Construction Inc. • Wonderful Life Construction Inc.

156,100 4.91 $829

Single Family residential Average sales price, units closed and average days on market in Moore County only. Stats provide by the Pinehurst-Southern Pines Area Multiple Listing Service. Roy Harvel – President.

2011

PAGE D3

67

67

74

67

Lari Dirkmaat - Director Greg Regan - Director Roy Harvel - MLS President Dawn Crawley - MLS Director Peyton Gentry - MLS President Elect Kim Stout - MLS Secretary/Treasurer

Pinehurst - Southern Pines Area Association of REALTORS®, INC. The Voice for Real Estate in the Sandhills www.pinehurstncrealtors.com

Published every Friday by The Pilot in partnership with the Pinehurst-Southern Pines Area Association of REALTORS, with a circulation of 19,000. Deadline for the Sandhills Real Estate Guide is 5:00 pm on Tuesday.

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DRAMATIC SAVINGS

Just waiting for you and your family!

Gouger O’Neal & Saunders Real Estate

OPEN HOUSE SUN., AUG. 7 • 1-4PM

OPEN HOUSE SUN., AUG. 7 • 1-4PM

REDUCED

PINEWILD CC

141865 140 SAKONNETT TRAIL, PINEHURST #6, DIR.: From Traffic Circle; Hwy 15/501 N; At light enter Pinehurst #6; Right Shenecossett; Right Sakonnett. Den, 2BR/2BA. $189,000 PRU9E4T8 Beverly Valutis 910.916.1313 910.295.5504

143995 120 TRIPLE CROWN CIRCLE, LONGLEAF CC, DIR.: Enter Longleaf on Knoll Road; Turn onto Belmont Court; Left Triple Crown Circle. Immaculate! 3BR/2BA, hardwoods, fenced yard. $295,000 PRU8G3L3 Pat Koubek 910.215.2869 910.692.2635

144261 40 McMICHAEL DR., PINEWILD CC, DIR.: From Linden Road Gate; Left Lasswade; Left McMichael. Golf Front! Brick, 3BR/2.5BA home. $398,000 PRU2C9N7 Kay Piermattei 910.295.5662 910.295.5504

139728 New look with Fresh Paint! Lake Views! 3BR/2BA. Updated Ktchn. $220K PRU4K3A8 Eva Toney 910.638.0972 910.295.5504

144243 Golf Front. 3BR/2.5BA. Large Den/Library. $489,000 PRU7S3S6

141978 One of the Best! Simply elegant, 3 bedroom, 4 bath home. $450K PRU7Z6J5 Bonnie Baker 910.690.4705 910.692.2635

143914 Gracious, 4BR/3.5BA brick home. Hrdwd, heavy crown molding & much more. $487,500 PRU7M4B5 Carolyn Hallett 910.986.2319 910.692.2635

142009 Golf Front on Challenge Course. 4+BRs/3.5BAs, Fin. LL Rec Rm. $680,000 PRU7W7W3 Marie O'Brien 910.528.5669 910.295.5504

142725 Vass: Union Pines, 3,000+sf, 5/3, 2.22 ac., country porch. $249K PRU6F9K2 Nettie Calfee 910.315.6225 910.692.2635

144041 Pinebluff: Gas Fireplace, 3BR/2BA. Old Fashion Elegance! $129,900 PRU7G4G4 Debbie Darby 910.783.5193 910.692.2635

144039 Golf Front & Water View! 3BR/2.5BA. Updated ktchn/Granite, + Bonus Rm. $389K PRU5U6P6 Barbara Uber 910.315.1679 910.295.5504

136260 Golf Front & Water View! 4BR/3BA. Built-ins, stacked stone frplce. $455K PRU4B8F9 Terry Ganse 910.783.5335 910.295.5504

140976 Golf Front. 4BR/4BA. Guest House. courtyard. Screened Porch. $498,000 PRU3F5L8 Arvilla Sheron 910.639.5133 910.295.5504

140365 All Brick! Water View! 4BR/3.5BA: www.114KillineyCt.com $449,9K PRU3W2F8 Frank Sessoms 910.639.3099 910.295.5504

138004 Love Pinehurst history & village life? This is the home for you! Circa 1896. $450K PRU3X5T2 Joel Rich 910.315.4009 910.295.5504

144095 Generous Living Spaces. Hrdwd, Crown Moulding & More. 3BR/2.5BA. $289,900 PRU3W4M9 Kimberly Byrd 910.695.6778 910.692.2635

144287 What a doll house! 3 bedrooms, 2 baths. Just $138,900! PRU6X3J8 Bonnie Baker 910.690.4705 910.692.2635

139534 Brick home on .92 acre lot. 3,600sf, built-ins & hrdwd flrs. $449,900 PRU7Y2U2 Krista Duncan 910.690.7009 910.295.5504

143779 Golf Front. Lovely Gardens. 3BR/2BA, Carolina Rm, Screened Porch & Deck. $462,500 PRU6C5H8 Marie O'Brien 910.528.5669 910.295.5504

143469 Golf Front. Over 4,000sf, 4BR/3.5BA, gourmet ktchn. Stunning! $744,000 PRU7H2V4 John Condit 910.585.2087 910.295.5504

138917 Check-out the Heart Pine Floors! Hope I look this good at 86! $225K PRU4H6R9 Bettye Marcum 910.603.2686 910.295.5504

142340 Bright & Sunny! Fireplace, Vaulted Ceiling. 3BR/2BA. $250,000 PRU8C6Z6 Carol Haney 910.315.5013 910.692.2635

137220 Spacious, Brick, 2-Story, 4BR/ 3.5BA: www.26ColdstreamLane.com $359.9K PRU3X9F4 Frank Sessoms 910.639.3099 910.295.5504

142199 Downtown 3Bdrm, 2Bath Bungalow! See: www.275NorthMayStreet.com PRU7N9K5 Jill Greenleaf 910.783.6139 910.692.2635

131027 Wow! Everything has been done! 3BR/2BA. For Sale or Rent. $149K PRU6V6M8 Carol Haney 910.315.5013 910.692.2635

OPEN HOUSE SUN., AUG. 7 • 1-3PM

CCNC

LONGLEAF CC

PINEHURST

OLD TOWN PINEHURST

PINE GROVE VILLAGE

PINEWILD CC

VILLAGE ACRES

KNOLLWOOD

PINEWILD CC

PINEWILD CC

DONALD ROSS AREA

PINEHURST #6

REDUCED

REDUCED

PINEWILD CC

DOWNTOWN SO. PINES

Arvilla Sheron 910.639.5133 910.295.5504

ELEGANT VICTORIAN

OLD TOWN PINEHURST

PINEWILD CC

FOR SALE OR RENT

Log on to www.prudentialproperties.com Enter the PRU ID for our Easy Search or Snap & Search with our FREE APP on your Smart Phone

910.295.5504 Pinehurst | 910.692.2635 Southern Pines

©2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity.

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PAGE D4

THE PILOT â&#x20AC;&#x201D; SOUTHERN PINES, N.C.

MOORE COUNTY HOME BUILDERS ASSOCIATION

FRIDAY, AUGUST 5, 2011

Beware Foreclosure â&#x20AC;&#x2DC;Bargainsâ&#x20AC;&#x2122;

Itâ&#x20AC;&#x2122;s an unfortunate result of the recession â&#x20AC;&#x201D; many families havenâ&#x20AC;&#x2122;t been able to keep up with their mortgage payments and have lost their homes to foreclosure. Foreclosed homes often sell for less than market rates, making them seem like a bargain to buyers who are used to the inflated prices of a few years ago. But comparing a new home to a foreclosure on price alone is a mistake. You canâ&#x20AC;&#x2122;t put a dollar value on your peace of mind, safety, financial reserves and time â&#x20AC;&#x201D; all of which could be in jeopardy if you buy a foreclosed home. For example, a foreclosure could have legal issues. Before buying a

foreclosed home you will have to do thorough research â&#x20AC;&#x201D; or hire a title company or lawyer â&#x20AC;&#x201D; to make sure there arenâ&#x20AC;&#x2122;t any additional financial or legal liabilities attached to the home. There may be liens on the property for unpaid taxes, home ownersâ&#x20AC;&#x2122; association dues, or the home may have been put up as collateral on other loans that werenâ&#x20AC;&#x2122;t paid. You could become liable for thousands of dollars of debt you werenâ&#x20AC;&#x2122;t aware were attached to the foreclosed home. As soon as you take ownership of a foreclosed home, anything that breaks or any problems that arise are your responsibility. This could

cost you lots of time and money that you may not have budgeted for. With a new home, maintenance wonâ&#x20AC;&#x2122;t be an issue for a while with the brand new appliances and systems. And if something does go wrong in the first year, there is often a new home warranty that guarantees repair or replacement. Foreclosed homes also often havenâ&#x20AC;&#x2122;t been taken care of by former owners who knew they were going to lose the home. In some cases vandals, thieves or even the owners have damaged the home, removed appliances or torn apart walls to remove copper pipes that are valuable as scrap metal.

By John Pandich Moore County Home Builders Association President

A foreclosed home could have been sitting vacant for months or years, and if it wasnâ&#x20AC;&#x2122;t properly secured, there could be significant damage from water, mold, weather or pest infestations. It could cost you thousands of dollars and a lot of time to bring a home that was allowed to deteriorate back to a livable condition. You also donâ&#x20AC;&#x2122;t have to spend time or money changing someone elseâ&#x20AC;&#x2122;s design preferences with a new home. No tearing down wood paneling, repainting walls, or replacing outdated flooring. Your preferences are included as the home is built, and they are there waiting for you the day you unpack

your boxes. Finally â&#x20AC;&#x201D; and most importantly â&#x20AC;&#x201D; donâ&#x20AC;&#x2122;t forget safety. New homes have been constructed under a strict set of codes and standards, and have to be thoroughly inspected before the certificate of occupancy is issued and you are allowed to close the sale and move in. With a foreclosure, you donâ&#x20AC;&#x2122;t know how many renovations or repairs have been made over the years, or who made them. There could be faulty wiring, weakened structures, or other conditions that could be dangerous and costly to bring up to safe and modern standards.

When you are looking for a place to keep your family safe and to build a lifetime of memories, it may be well worth paying a higher upfront cost to get convenience, modern features and peace of mind â&#x20AC;&#x201D; and avoid the potential pitfalls of a foreclosure that could turn your dreams of homeownership into a nightmare. To find new home builders in Moore County, contact the Moore County Home Builders Association at 910-944-2992 or visit our website at www.mchba.com.

Local Builders & Home Services Re

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FRIDAY, AUGUST 5, 2011

Eva Toney 910-638-0972

E-Mail: eva@pinehurst.net

www.RealEstateInPinehurst.com

THE PILOT — SOUTHERN PINES, N.C. PREMIER LOCATION

PINEWILD COUNTRY CLUB

KNOLLWOOD HEIGHTS AREA near Pine Needles Golf Course – well maintained all brick home with 3 BRs/2 Baths (split plan), Living Room w/cathedral ceiling, fireplace and opens to a screened porch overlooking the garden area on almost 1/2 Acre lot. You’ll love the convenient quiet location! $239,000.

SPECTACULAR VIEWS OF 2 GREENS AND HILLSIDE WATER FEATURE – This elegant light-filled home features 5000+ SF, 4 BRs + Bonus/ 5 1/2 Baths, gourmet cook’s dream kitchen, Home Theater, Rec Room, Brazilian Cherry floors and almost an acre of lush landscaping w/a well for irrigation. $1,399,000.

©2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity.

MID -SOUTH COUNTRY CLUB BEST LOCATION IN FINEST AREA!

DEBUT OF THIS NEW LISTING situated on the beautiful golf course of Mid-South with tall pines surrounding this beautiful 4 BR/3BA, Split Bedroom Plan home. The interior features are fabulous with gorgeous wood and tile floors, beautiful wood cabinets, vaulted ceilings, fireplace, Carolina room and a wonderul Bonus Room upstairs with a bath included. Large Mstr Suite, walk-in closets Deck overlooking the golf course. Country Club amenities include, Club House, Pool and Tennis Courts. GREAT HOME! GREAT LOCATION! $495.000

RE/MAX of THE PINES REAL ESTATE 235 E. PENNSYLVANIA AVE. SOUTHERN PINES, NC 28387 CELL: 910-783-6573 pinkydoyle@mindspring.com www.pinkydoyle.com

MLS# 140345 Traditional home overlooking pond & Cardinal Course has all amenities. 2 porches to enjoy the outdoors. 3,755 sq.ft. includes a Carolina rm, Family rm w/fireplace, open Kitchen w/casual eating, Formal LR and DR, 3 BR master suite has dressing room. $595,000.

910-692-3198

WELCOME 2011 U S CHAMPIONSHIP KIDS AND TEENS GOOD LUCK!

Pinky Doyle, CRS, GREEN, GRI, RFC Broker/Owner “I Will Par all your Real Estate needs!”

Joel Rich

R E A L T Y

2 BR, 2 BA Fully Furnished 1st Floor Golf Front End Unit with many upgrades. Premier location. Mid Tal membership w/ buyer paying transfer fee. Listing agent is owner.

910-315-1777

The Village of Pinehurst

910-295-9040

210 STORNOWAY, SOUTHERN PINES Great home in desirable Southern Pines neighborhoods. Set on an acre lot, with huge private backyard with deck that includes outdoor fireplace with grill. Master suite on main floor with office/nursery space. Hardwood floors throughout main level. Brick fireplace with built ins in living room. Easy drive to Ft. Bragg. MLS# 142443 $375,000 Directions: Indiana Ave, through 4 way stop, left on Stornoway, house is approx 1 mile on right.

Alex Reed, Broker 910.603.6997 Brenner Real Estate The Village of Pinehurst www.BrennerRE.com 910.295.9040

SUNDAY, AUGUST 7 • 1-3 PM

170 S RIDGE STREET

DOWNTOWN SOUTHERN PINES 3BDRM, 2 BA $315,000. Absolutely charming cottage!

3 BR CLASSIC RANCH IN PINEHURST

MLS# 141446

$197,900

3 BR, 2 BA brick ranch with many impressive features including a huge Kitchen w/ center island, nice sized bedrooms, crown molding, fireplace, abundant storage, oversized driveway and much more! Super convenient location.

FULL SERVICE LISTING PLANS WITH EXCEPTIONAL PRICING TODD KENTHACK

P. (910) 603-9050 BROKER/OWNER REALTOR, MBA, GRI SEARCH ALL LISTINGS AT: GOLFHOMESINPINEHURST.COM

Yes,

WE’RE LENDING The Best Mortgage at the Right Price with the Least Stress. GINNY WEBB

MORTGAGE SPECIALIST NMLS# 69833

Southern Pines 205 SE Broad Street

910-692-6222

www.FirstBancorp.com Member FDIC

Hosted by Gene White

Brenner Real Estate

910-315-4009

DISCOVER FOR YOURSELF, THE PINES REALTY DIFFERENCE!

$198,000

105 LEE OVERLOOK 53 DEVON DRIVE BEACON RIDGE ON LAKE AUMAN PINEWILD GOLF FRONT MLS 142354 $1,200,000 MLS 143523 $389,000 SUNDAY, AUG. 7 • 1 TO 4 SATURDAY, AUG. 6 • 1 TO 4 Directions: From Linden Rd. entrance, 2nd left on Directions: From gate, L on Longleaf, R on Baker, R on Clay, L on Lee Overlook. Devon, house on left.

SATURDAY, AUGUST 6 • 1 - 3 P.M.

THE PINES

GORGEOUS 2 BR TALAMORE VILLA

OP E N H O US E S T H I S W E E KE N D

www.BrennerRE.com

©2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity.

MLS# 143044

This Weekend

MLS# 137743 Beautiful Lake Front Villa! 3Bdrm/3Bath with lake views from almost every room, a family room, Carolina rm., and separate LR and DR, eat-in kitchen, office and wet bar. Price includes furnishings. New Price $450,000

www.joelrich.net

Open Houses

PAGE D5

Equal Housing Lender

Directions: N. May St. to E. New York, go East on E. New York.

Mav Hankey www.Luv Pines.com 603.3589 Prudential Gouger O’Neal & Saunders

©2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity.

Agent Sets New Record at Keller Williams Realty

Keller Williams Realty agent Shannon Stites has set a new office record for earning “Cap” status in only 26 days! The Keller Williams model is structured so that sales associates who reach certain sales goals earn “cap” status, which entitles them to 100% of their earned commission for the remainder of the year on their sales. Shannon accomplished this by reaching the minimum production level to earn 100% commission in less than one month, and will benefit from her “capped” status for eleven months! Donna Campbell, Team Leader/Office Manager and Tammy Lyne, Operating Principal, echoed one another in their praise of Shannon’s accomplishment. “Shannon was the first new agent to sign up with Keller Williams when

we opened our doors some 4 years ago and has been a top producing agent for most of that time,” remarked Lyne. “She took the Keller Williams’ proven models and systems, put them in place and is getting these remarkable results!” “Shannon’s work is proof that success can be had even in the tough real estate market we have been experiencing for a couple of years. She has shifted her efforts to meet the market and is succeeding at a very high level. The staff and her fellow agents are proud of her accomplishments and appreciate her sharing her time and energy to benefit others in the office. The sharing and constant opportunities for education are part of the Keller Williams model too, and Shannon is a vital part of that as well,” commented

Shannon Stites

Campbell. Keller Williams Realty Pinehurst is the largest real estate firm in the area with over 50 associates and is the top selling firm in the Pinehurst/Southern Pines area multiple listing service (MLS). Keller Williams Realty is also the largest national franchise in the Carolinas and the second largest in North America with over 694 market centers and77,844 associates. KWR International has profit shared $34,872,753 with its associates over the past 12 months.


Out & About

PAGE D6

The Habitat for Humanity ReStore Event for the Pinehurst-Southern Pines Area Association of Realtors®

THE PILOT — SOUTHERN PINES, N.C.

in Real Estate Keep us involved

Send us your event photos to share with the community. Submit digital photos accompanied by caption information to mechelle@thepilot.com.

July 25th, The Habitat for Humanity ReStore hosted an event for the PinehurstSouthern Pines Area Association of REALTORS®. The Olive Garden catered the event. The event was to raise awareness of all the Habitat for Humanity ReStore has to offer and announce a membership benefits program designed to give back to the local REALTORS® from local businesses in the area. The program participants can be found on the Association’s website: www.move2moore.com We would like to thank Ken Pierson, Judie Wiggins, Yvette Mills McCormick, Dondi Jones, Chris Carpenter, and Raquel Martinez along

FRIDAY, AUGUST 5, 2011

with the rest of the staff of the Habitat for Humanity. We had over 90 people come through the ReStore and booths of affiliates during our 2 hour event. We gave great exposure to the ReStore while enjoying fellowship and entertainment by the band DETOUR. The mission of the Habitat for Humanity ReStore is to raise funds for Habitat for Humanity of the NC Sandhills. The ReStore accepts new and gently used items that are in good working condition, which are then sold by the Habitat Moore Store to raise funds. Habitat for Humanity of the NC Sandhills uses the funds for house construction. Donors

come from all walks and positions of life. For more information or to volunteer please visit their website: http://www.sandhillshabitat.org/ The Pinehurst-Southern Pines Area Association of REALTORS® take great pride in being involved with all aspects of our Moore County community. If you have any questions regarding Real Estate please contact a local REALTOR today. Thank you to all the participants of the Member Benefit program and again, if you haven’t visited the Habitat for Humanity ReStore please do so. Sincerely, The staff of the PinehurstSouthern Pines Area Association of REALTORS®.

Home Buyers and Sellers Prefer RE/MAX

RE/MAX Ranks Highest in Customer Satisfaction in 2011 J.D. Power and Associates Study

DENVER, CO – Results from the J.D. Power and Associates 2011 Home Buyer/Seller StudySM, recognize RE/MAX for providing the highest overall consumer satisfaction for both home buyers and home sellers. In last year’s study, two different companies ranked the highest in each category, but this year home buyers and sellers both rated RE/MAX the highest. “It all comes down to

professionalism and a commitment to a premier level of customer service,” said RE/MAX Chairman and CoFounder Dave Liniger. “Because RE/MAX agents average more experience and training than other agents, they are better prepared to deal with home buyers and sellers in any kind of market. And, consumer preferences tell the story . . . nobody sells more real estate than RE/MAX.” This is the

fourth annual study of home buyer and seller satisfaction with the largest national real estate companies, conducted by J.D. Power and Associates. For the home buying experience, three factors were considered: agent/salesperson, office and a variety of additional services. Four factors were examined for the homeselling experience: agent/salesperson, marketing, office and a variety of additional

services. Details from the study indicate that on a scale of 1,000, homebuyer respondents ranked RE/MAX with a score of 805 and home sellers put RE/MAX on top at 791. The 2011 study includes more than 4,200 evaluations from 3,680 respondents who bought or sold a home in the U.S. between March 2010 and April 2011. In two other 2011 industry surveys of the coun-

try’s top real estate brokerages, RE/MAX agents averaged more transaction sides than agents at the other national franchises. The RIS Media Power Broker Survey and the REAL Trends 500 both showed that RE/MAX agents averaged over 14 transactions sides, more than double the average of many competitors. The success of RE/MAX agents is the result of its comprehensive educational

platform, RE/MAX Un versity, which offers over 1,100 educationa programs on-demand and available online, on television, on sma phones and in classrooms around the world. For more informatio about RE/MAX or to find a top-performing RE/MAX agent in you area, visit www.remax.com. To join the best performing real estate sales force, visit www.joinre max.com.

Going on vacation? You can now go online at www.thepilot.com to stop or start your subscription while you're away. You can also subscribe online!


FRIDAY, AUGUST 5, 2011

THE PILOT — SOUTHERN PINES, N.C.

PAGE D7


PAGE D8

THE PILOT — SOUTHERN PINES, N.C.

FRIDAY, AUGUST 5, 2011

PINEHURST RESORT REALTY Located in the Lobby of the Carolina Hotel

910-235-8700 • 1-800-772-7588 E-mail: pinehurstresortrealty@pinehurst.com

VERY NICE all new brick Violette Brothers home in Whispering Pines with many upgrades including granite counters, hardwood flooring, gas fireplace, Carolina Room, whirlpool tub & shower, rear deck, and irrigations system. Paved driveway in rear with stone driveway in front. 3BR/2BA 294,000 (139879)

NICELY FURNISHED GOLF FRONT three bedroom unit located on the 2nd fairway of PCC No. 5 course. New vanities and many upgrades in the last year. Condo is and can remain on the Hotel rental as long as new owner agrees to the management rules and regulations. 3BR/2BA $224,500 (143840)

FANTASTIC VIEWS of the 5th green of PCC course No. 5. Fully furnished. PCC membership available for transfer. 2BR/2BA $152,000 (136229)

IMMACULATE HOME on a quiet street and double lot at Pinehurst No. 6 with membership. Custom built home. Well landscaped yard. Wonderful Carolina Room off the Kitchen; large deck and covered front porch. Split bedroom floor plan. Great Kitchen space; good storage. Room for a work bench and oversized vehicles in the garage. 3BR/2BA $224,000 (142390)

GOOD LOCATION AND VIEW of the 12th fairway on Pinehurst Country Club No. 6 golf course. Fully furnished except for few pieces and personal items. Unit currently on a rental program. 2BR/2BA $179,000 (143203)

ENJOY your morning coffee from wraparound deck of this unique fully furnished condo w/views of Lake Pinehurst and PCC Course No. 5. Completely renovated in last five years. PCC membership available for transfer. 1BR/1BA $114,500 (141506)

LEAST EXPENSIVE THREE BEDROOM HOME in Pinehurst No. 6. Great for entertaining. Quiet cul-de-sac. Extra large Kitchen & Carolina Room combo. Great Room & Formal Dining Area. Screened porch & patio. Master Suite w/walk-in closet. Master Bath with garden tub & separate shower. 3BR/2BA $217,000 (141996)

GREAT TOWNHOME in Pinehurst No. 6. Hardwoods in Foyer, Kitchen, & Living Room. Split Bedroom Plan with private Baths. Living/ Dining Room offers a vaulted ceiling and a wall of windows to view private back yard. Kitchen has pass through to Living Room with breakfast bar. Wrap around deck. Single car garage. 2BR/2BA $174,500 (144217)

Realtor of the Week ELIZABETH CHILDERS

FEATURED HOME

GREAT VIEW OF LAKE PINEHURST. Neat, fully furnished unit. Lakeview has it own pool for owners and guests. 2BR/2BA $153,500 (143678)

BEST BUY for a three bedroom condo with a PCC membership. Fresh carpet and tastefully furnished and wallpapered. Large covered deck. 3BR/2BA $138,000 (142541)

RARE FIND IN WEYMOUTH HEIGHT. Hardwood/parquet floors throughout. Kitchen w/breakfast area. Carolina Room, wine cellar. One wing could be apartment for in-law or teenager. In-ground pool. Separate workshop. 5BR/5BA $495,000 (143458)

We are here 7 days a week to answer your questions and meet your real estate needs or call 1-800-772-7588 910-235-8722 • E-mail: pinehurstresortrealty@pinehurst.com

Joanne Padgett Broker in Charge CRS/GRI & GREEN

Elizabeth Childers Associate Broker CRS/GRI

Joe Violette Associate Broker

Pete Garner Associate Broker ABR

Roger Johnson Associate Broker

Harwell Stovall Associate Broker

RENTALS IN PINEHURST

Ann Benton Associate Broker GRI/ABR/RRS & GREEN

Faye Gibson Associate Broker GRI/ABR/RRS

Village of Pinehurst Rentals & Golf, Inc.

3BR/2BA - 2 Car - Village Acres, Hardwood Floors. Split Plan. Like new. $1,000 month. 4BR/3BA - 3 Car - Large home in #6, Like new, Hardwood, granite. $1,800 month. 3BR/2BA - Village Acres. $1,000 month, Hardwood, 2 car garage.

Debbie L. Putz

Property Manager

910-420-1045

19 Chinquapin Rd. PO Box 1867 Pinehurst, NC 28370

We also have furnished condos & townomes.

Call Jim or Cyndy at Pinehurst Properties, Inc. 910-295-6144 • 910-690-8174

225 Maples Avenue, Southern Pines...........................................$2000 38 Glasgow Drive, Pinewild.........................................................$1650 165 Pine Vista Drive, Pinehurst..................................................$1450 890 Burning Tree Drive, Pinehurst............................................ $1400 165 Forest Lane, Pinehurst.........................................................$1350 32 Westlake Point, Pinehurst......................................................$1300 170 Tamarisk Lane, Pinehurst....................................................$1250 1365 Longleaf Drive E., Pinehurst..............................................$1250 3 Bangor Lane, Pinehurst............................................................$1200 2650 Longleaf Drive S.W. ...........................................................$1000 565 E. Delaware Ave., Southern Pines........................................$1000

dputz@pinehurst.net

www.pinehurstgolfonline.net

Local Realtor Directory

Jim Horne

Lucretia Pinnock 692-6767

Call or e-mail to Request A Copy of the Real Estate Report. An Experienced Realtor Will Smooth Your Transaction!!!

www.PinehurstHomeSearcher.com

Pinnock Real Estate & Relocation Services, Inc. AllPinehurst@gmail.com

CATHY LAROSE Broker / Owner

Larose and Company

Office 910-693-3300 Cell 910-690-0362

Independently owned and operated

Cathy@LaroseandCompany.com www.LaroseandCompany.com

murray@basilgrouprealty.com Cell: (910) 528-2432 Fax: (910) 944-7943 Pinehurst, NC 28374 www.basilgrouprealty.com

Murray Williamson Realtor®

Holleigh McLaurin

980 Unit 3 Seven Lakes Drive

(910) 673-1050

Cell: (910) 315-9950 holleighmc@hotmail.com

“Specializing in Woodlake for Over 25 Years”

Office.: (910) 245-8683 Cell: (910) 624-2997 Fax: (910) 245-8684

jhornewlcc@pinehurst.net

www.thelakeresortproperties.com

To Search For Complete Real Estate Listings go to

www.thepilot.com/news/real-estate

Sandhills Real Estate August 5, 2011  

Sandhills Real Estate August 5, 2011

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