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Old 01-20-2010, 10:21 PM
 
4 posts, read 11,675 times
Reputation: 10

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Hi,
I'm 55 yo female and I am thinking of moving to Leland. i live in Wilmington, but I am having to downsize and I can't afford Wilmington real estate. there are so many places in the Leland area that I am really confused
I am looking for a 2-3 br townhome (or 2 br with a den) for my daughter and myself. I am looking to spend up to $175,000. Plus I don't have the money for a fixer upper so something new or fairly new. I work from home so traffic will not be a problem and my daughter will be going away to college in the fall. what communities can you recommend? I don't need competition size pool or club house with a theatre, tennis courts or golf...that sort of thing, (although my daughter would like a pool) Just a nice, well built,friendly, safe place to live. Can you help me out? Thank you so much!
sharrelson
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Old 01-23-2010, 06:44 AM
 
214 posts, read 736,459 times
Reputation: 128
Quote:
Originally Posted by irishfootball View Post
statement about Robert Exum and Bobby Harrelson sounds like sour grapes. These men are probably some of the most well respected and sucessful developers in the wilmington area.
It is sour grapes, and I and many others agree with you. Robert and Bobby are ranked as one of the top developers in the area, and we are or should be thankful we have people in the business who really know what they are doing and have spent years preparing for the developments they are now creating, or have created. They have added much to the area, their developments are well funded, and have created communities that are above par.
We will always have naysayers, who see growth as negative, however, the positives far outweigh the negatives.
Leland is fast becoming the next Wilmington, and offers affordable living for those who chose not to live in New Hanover County. I see this growth as positive for those who wish to live close to the coast, yet not in the city.
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Old 07-21-2010, 06:51 AM
 
1 posts, read 6,678 times
Reputation: 13
we are also looking into Compass pointe- not going to be retiring - will need to find new jobs...we have a 2 year plan to move.....am considering buying the land now......any feedback would be appreciated, and to those of you who are considering the development would really like to hear from you. I hear Logan may not be one of the best builders any comments
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Old 09-13-2010, 02:56 PM
 
3 posts, read 11,798 times
Reputation: 12
To LLN,

Just curious, what do you mean when you say Compass Pointe is done? Did they stop building homes? Do you know something that we don't? Please share, before I spend my hard earned money to retire down there.
Thanks!
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Old 01-24-2011, 10:33 AM
 
Location: Leland, NC
149 posts, read 516,914 times
Reputation: 124
I have just returned home from Compass Pointe. They have just completed putting in the swimming pool and the amenity center is scheduled to open this summer. Irrigation lines are being put into the golf course which is scheduled to be completed in late 2012. Though behind schedule Compass Pointe is far from 'done'.
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Old 11-10-2011, 07:40 PM
 
Location: Washington County, ME
1,549 posts, read 2,386,959 times
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Quote:
Originally Posted by steve_d_bear View Post
I have just returned home from Compass Pointe. They have just completed putting in the swimming pool and the amenity center is scheduled to open this summer. Irrigation lines are being put into the golf course which is scheduled to be completed in late 2012. Though behind schedule Compass Pointe is far from 'done'.
Anyone around online who is buying here, or lives here now?

The places look nice, and many are reasonable (for me).

Is there some kind of huge monthly fee, or high taxes? How do they afford to have all the amenities? Thanks.
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Old 11-11-2011, 08:10 PM
 
Location: Sneads Ferry, NC
11,250 posts, read 19,768,765 times
Reputation: 5077
Quote:
Originally Posted by Jellybean50 View Post
Is there some kind of huge monthly fee, or high taxes? How do they afford to have all the amenities?
Some of the listings for Compasse Pointe quote a $70 monthly homeowner association fee, which sounds reasonable. The developer has to invest in the amenitites, up front, of course. The Brunswick Forest developer made a huge investment in amenities, and Magnolia Greens also has most of the amenities built. The county property taxes pay for the basic services.
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Old 11-14-2011, 04:04 AM
 
111 posts, read 206,411 times
Reputation: 76
I think your taking a BIG risk in purchasing in any development that is not completed, many "well respected" developers have gone belly up over the last 5 years. Especially ones that are behind schedule and unfinished.

You will never be able to find out any REAL details on their finances and in my opinion there are just too many foreclosures and short sales in already existing and COMPLETED communities to even consider a new home in an uncompleted one.

Come on down here and I'll show you dozens of failed developments all built by trusted and respected developers. I love riding my bicycle through the 6 or 7 failed ones that reside on Rte 211 alone, makes you think twice about this market.

Ron W.
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Old 11-14-2011, 01:05 PM
 
Location: Leland, NC
149 posts, read 516,914 times
Reputation: 124
The prices are lower because fewer amenities have been completed. The lot I bought a few years ago would cost more today, and as more amenities are completed costs will also increase. No one can guarantee that this development will be successful. I do know that these developers have been involved with Magnolia Greens, Waterford, and other successful developments. Again, past success does not guarantee anything, but it is nice to know they have a good track record. I think that it is positive to note that during the worst of this real estate collapse, progress has continued at Compass Pointe. Hope this helps.
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Old 03-15-2012, 07:23 AM
 
19 posts, read 59,531 times
Reputation: 19
I have gone on a discovery package 10/2011 to this community and it has promise the pool looks awesome but that's it . I was very impressed on what they plan to do. Then i come home and see that this build has been going on a few years? I will not buy land or build in a community that is not 3/4 done to risky for me.I will wait and pay more no problem.
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