There are a wide variety of Charlotte Homes and the luxury homes in Charlotte Country Clubs provide the life style you desire. There are a wide variety of Country Clubs in the greater Charlotte Real Estate Market and sure to meet your expectations. Lake Norman Country Clubs are very nice with great views of the lake. If you are looking for a more remote country club then consider Badin Lake to the east of Charlotte. Badin Lake is a bit too far for a Charlotte commute but offers a very serene lake and a fantastic option.
Kannapolis has a new Country Club also just minutes away from the new bio tech research park. As the Kannapolis Research Park expands, the demand for these homes will increase exponentially.
South Charlotte and Union County has the highest Charlotte Country Club density by far. This includes Piper Glen, Ballantyne Country Club, Firethorne Country Club, Providence Country Club and Longview. Longview has tremendous custom homes that are for only the most successful amongst us with multimillion dollar exquisite homes.
Visit Charlotte Real Estate and Charlotte Country Clubs for your next home.
Saturday, October 18, 2008
Friday, October 10, 2008
American Economy and the Real Estate Market
Many seem puzzled because the "Government Fix" did not serve the intended function. Why?
It is because investors are smarter than this. The Government blackmailed lenders to make high risk loans. The Government then promised the banks that Fannie and Freddie will guarantee these loans. What made the Government do this?
Our weak politicians caved to special interests and allowed themselves to be blackmailed. Special interest groups (like ACORN) threatened continuous litigation unless the corporations would submit to their fallacious claims. Groups like ACORN discovered that it is easy to blackmail the Government. The politicians buckled and found it easy to make someone else invest/lose their earned income to humor the socialistic interest groups.
Yes, Government regulation created the problem. The bail out plan did not address the problem! What? How ignorant can they really be? Or how stupid do they think we are?
Now we have presidential candidates stating that he will renegotiate home loans and interest rates! What? This is HUGE! You struggle to live within your means, take pride in personal responsibility and pay your bills. Your neighbor does not share your sense of personal responsibility and does not pay for his home.
You and you neighbor purchased homes. Both borrowed $200,000. Since your neighbor can not afford his home, the candidate wants you neighbor to pay less interest and only have him pay back $100,000. Hmmm? What do you think this did to your market value? The Government just tanked your largest investment! Why? Because you struggled and sacrificed to pay your debts. How about your neighbor? Well he wins. He is less responsible and now given a $100,000! How about rewarding responsible people?
What does this do to investors? Let's put you in their shoes. You have a half million dollars to invest. You invest this money and it ultimately goes through corporations and purchases mortgage notes. Your rate of return is based on the risk. Now you invest your $500,000 and the money backs mortgage notes.
The borrowers are high risk borrowers and the investor now is not only losing his return, he is losing his principle. There is a foreclosure process to minimize the loss. The Government now is stating that it will reduce the PRINCIPLE and the INTEREST RATE! So the Government just decided that the money that you invested (with a 5% rate if return) will now return you 2.5% (hopefully breaks even with inflation). IT DOES NOT STOP THERE! Now the Government decided that you will only get $250,000 of your principle paid back to you!
You would be less than intelligent to take your hard earned money and throw away half. This is thievery!
How can we fix this? Get the Government out of private industry! Allow business to make sound business decisions based on profitability. There do needs to be more laws. Frivolous lawsuits need to be penalized. There must be accountability to reduce the litigation based on fraudulent grounds. Corporations are placed between a rock and a hard place. They either fight frivolous lawsuits (which are often blessed by the Government) or cut their losses and just submit to the blackmail!
We are waiting for the creators of the problem to fix it! The silent majority better exercise their neurons and get the Government back out of business regulation. Then stop the blackmail and fraud.
It is because investors are smarter than this. The Government blackmailed lenders to make high risk loans. The Government then promised the banks that Fannie and Freddie will guarantee these loans. What made the Government do this?
Our weak politicians caved to special interests and allowed themselves to be blackmailed. Special interest groups (like ACORN) threatened continuous litigation unless the corporations would submit to their fallacious claims. Groups like ACORN discovered that it is easy to blackmail the Government. The politicians buckled and found it easy to make someone else invest/lose their earned income to humor the socialistic interest groups.
Yes, Government regulation created the problem. The bail out plan did not address the problem! What? How ignorant can they really be? Or how stupid do they think we are?
Now we have presidential candidates stating that he will renegotiate home loans and interest rates! What? This is HUGE! You struggle to live within your means, take pride in personal responsibility and pay your bills. Your neighbor does not share your sense of personal responsibility and does not pay for his home.
You and you neighbor purchased homes. Both borrowed $200,000. Since your neighbor can not afford his home, the candidate wants you neighbor to pay less interest and only have him pay back $100,000. Hmmm? What do you think this did to your market value? The Government just tanked your largest investment! Why? Because you struggled and sacrificed to pay your debts. How about your neighbor? Well he wins. He is less responsible and now given a $100,000! How about rewarding responsible people?
What does this do to investors? Let's put you in their shoes. You have a half million dollars to invest. You invest this money and it ultimately goes through corporations and purchases mortgage notes. Your rate of return is based on the risk. Now you invest your $500,000 and the money backs mortgage notes.
The borrowers are high risk borrowers and the investor now is not only losing his return, he is losing his principle. There is a foreclosure process to minimize the loss. The Government now is stating that it will reduce the PRINCIPLE and the INTEREST RATE! So the Government just decided that the money that you invested (with a 5% rate if return) will now return you 2.5% (hopefully breaks even with inflation). IT DOES NOT STOP THERE! Now the Government decided that you will only get $250,000 of your principle paid back to you!
You would be less than intelligent to take your hard earned money and throw away half. This is thievery!
How can we fix this? Get the Government out of private industry! Allow business to make sound business decisions based on profitability. There do needs to be more laws. Frivolous lawsuits need to be penalized. There must be accountability to reduce the litigation based on fraudulent grounds. Corporations are placed between a rock and a hard place. They either fight frivolous lawsuits (which are often blessed by the Government) or cut their losses and just submit to the blackmail!
We are waiting for the creators of the problem to fix it! The silent majority better exercise their neurons and get the Government back out of business regulation. Then stop the blackmail and fraud.
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