Bellemont at Cary Park

Bellemont is located in Cary’s new community Cary Park. This luxurious community built by Piccola Builders, features single family custom built homes with first floor master bedroom starting from $300’s. HOA dues are $173.65 semi-annually. Amenities include 28 acre lake, talking trail, club house with 2 pools & slide, sidewalks, kids R kids quality learning center, and shopping center. Close to RTP and top school district (www.wcpss.net).

Call to view the available homes.

$393,500 (site no. 3)

5 bedrooms, 4.5 bath, 2999 heated sq. ft, 189 unfinished sq. ft, 2 car garage.

www.deepbrar.com

Avalon Springs

Avalon Springs is a new community by Homes of Dickerson.  These are custom built homes in Fuquay Varina by McCale Development, with houses starting from $260’s.  The community offers amenities including swimming pool, clubhouse, side walks, and walking trails.  Swimming pool and the club house will be available the summer of 2008.

Monthly HOA dues are $50

Currently, many home-sites are available.  Contact Deep Brar to schedule your appointment

www.deepbrar.com

What are Points?

Points are up-front fees paid to obtain a better interest rate on a loan. One point equals one percent of the loan amount. A lower interest rate may result in a lower monthly payment, but it is important to consider how long you intend to be in the loan, and to compare current rates to historical market trends.

If you take out a $200,000 mortgage and decide to pay one point, this translates into an up-front closing cost of $2,000. Paying a point up front saves $100 a month but it will take 30 months to recuperate the cost of that point. If you decide to refinance or sell the home before the 30-month mark, your money is lost. In this case, you would benefit financially by remaining in the home longer than the 30 months.

Rates run in cycles. When rates are at historical lows, it is sensible to pay points if you plan to live in the home for an extended period of time. It is unlikely that rates will go down; hence, there will be no need to refinance.

When rates are up, there is a strong likelihood that they will come down. This is no time to pay points. The chances of refinancing in the future are extremely high, and you will likely not be in the loan long enough to recuperate the cost of the points.

Twin Lakes

Twin Lakes is a beautiful single family and townhouse community, featuring Martha Stewart homes, built by KB Homes located in Cary, North Carolina. Cary is ranked as the “most desirable place to live in the eastern United States”.

Prices starting from $220’s, the community features great amenities including swimming pool, tennis court, volleyball court, walking trails etc.

The single family homes include ranch style, as well as, two-story homes. It features homes ranging from1553 sq ft to 3872 sq ft. There are 8 models and 19 floor plans available with 3-6 bedrooms, 1-2 car garage and 10 year Limited Warranty.

Twin Lakes also offers various style of townhouses.

The community is conveniently located near the RDU airport, RTP, Raleigh downtown, Hwy-40 and many more other places of interest.

Several move-in-ready homes available. Call Deep Brar to schedule your appointment to visit the community.

www.deepbrar.com