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Old 06-18-2010, 06:26 AM
 
Location: Cape Carteret, NC
713 posts, read 3,472,990 times
Reputation: 543

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Quote:
Originally Posted by giffman View Post
Its been over 8 months since the last post. Has there been any more construction activity in this development? There are a handful of lots in the 50k price range which have piqued my interest. It is a little unnerving that after several years, I'm only aware of one house being built. Anybody know what the monthly HOA dues are?
I haven't been in lately, but I understand a second one has been started, and someone has plans for a third one.

There have been some great prices on lots. I counted 27 lots sold at under $100K.

I have sent someone a note to make sure I have the HOA dues correct before I post them.
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Old 06-18-2010, 07:27 AM
 
Location: Morehead City, NC
1,676 posts, read 5,357,669 times
Reputation: 1244
What law suits are in affect or pending with Cannonsgate?
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Old 06-18-2010, 08:50 AM
 
Location: Cape Carteret, NC
13 posts, read 41,383 times
Reputation: 16
Default Cannonsgate HOA dues

HOA dues are billed quarterly at $385.35 currently. In addition a lot mowing fee of $165.00 annually is charged for umimproved lots. There is a second house under construction now. Several recent buyers have plans to build soon. There are plans for a spec house to begin on lot 33 soon. There is a current law suit in NC that has been filed.
There are lots priced from $20,000 range near highway to low 100's on soundfront presently. Activity is brisk on these buying opportunities at this time.
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Old 06-18-2010, 09:45 AM
 
419 posts, read 1,242,765 times
Reputation: 192
Quote:
Originally Posted by Bill Hitchcock View Post
What law suits are in affect or pending with Cannonsgate?
Are there other lawsuits aside from the ones that have been widely publicized?
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Old 06-24-2010, 07:26 AM
 
Location: Cape Carteret, NC
13 posts, read 41,383 times
Reputation: 16
Default Cannonsgate

Quote:
Originally Posted by giffman View Post
Are there other lawsuits aside from the ones that have been widely publicized?

I am not aware of others, however, I do know that one is filed in NC. There was one in VA that, I think, has been settled.

Last edited by sgoines; 06-24-2010 at 07:26 AM.. Reason: spelling
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Old 07-31-2010, 07:30 AM
 
1 posts, read 2,533 times
Reputation: 10
This is true Bill, however, where else are you going to get all the amenities you get at Cannonsgate, have you been to the neighborhood, have you seen its beauty? I can't speak for Alison, but i think your sarcasm is outstanding. Keep up the good work with you statement about god in your tag line and your opposite actions twords others. Not here to judge.....
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Old 07-31-2010, 09:18 AM
 
Location: Morehead City, NC
1,676 posts, read 5,357,669 times
Reputation: 1244
Not here to judge siburron? I believe you just did.

I drive by Cannonsgate several times every week. I know the 25 year (approx) history of the development there. The number of developers that have gone bankrupt in attempting to build and the very interesting CAMA rules and regs involved in allowing the marina to be dug out. And of recent the scam which involved the Governor to jack up the prices.

But most importantly-There has been two things I have highlighted about the development here at CD. The news articles and the controversy surrounding the development (After all-Who wants to buy in to a lawsuit) and how buyer’s dollars can go much farther at other places. I wouldn't be doing my job as a buyers broker if I didn't point out these two things. But then again some of you listing brokers are just doing your job by singing nothing but praises of the development.

siburron-Judgement is the Lord's but the truth will set you free.

Bill

Last edited by Bill Hitchcock; 07-31-2010 at 09:27 AM..
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Old 12-20-2010, 08:33 AM
 
14 posts, read 28,895 times
Reputation: 11
Quote:
Originally Posted by Bill Hitchcock View Post
What law suits are in affect or pending with Cannonsgate?

Lure of quick profits snared investors in Carolina land deals

1 arrested, 2 sentenced in mortgage fraud scheme
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Old 12-20-2010, 10:17 AM
 
Location: NC
128 posts, read 432,716 times
Reputation: 104
^This is fantastic news. I'm glad those people are being held accountable for their actions.
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Old 02-28-2011, 07:04 AM
 
1 posts, read 2,130 times
Reputation: 10
I understand a number of lot's bank sales is there a list of these and how can it be accessed.
VPLLC
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