Charlotte
REAL ESTATE
Homeowners in NC Scammed by Builder: Incomplete Homes and Financial Losses (Video)
In Charlotte, North Carolina, multiple homeowners have been left with unfinished homes after a builder, Mario Condo, and his companies, Blackmon Custom Builders and Distinctive Homes and Development Group, took significant amounts of money and failed to complete construction. The situation has turned several neighborhoods into ghost towns. Homeowners’ Struggles...
Homeowners Left with Unfinished Homes by NC Builder (video)
In Charlotte, North Carolina, multiple homeowners have been left with unfinished homes by builders associated with Blackman Custom Builders and Distinctive Homes in Development Group. These issues began as far back as December 2019, with building permits issued but construction remaining incomplete for years. Homeowners like Lisa Labelle found themselves paying for properties that saw little to no progress, even after significant financial investment.
New flood disclosure rule provides NC homebuyers with property’s flood history
A new flood disclosure rule takes effect Monday in North Carolina. It makes disclosing flood history mandatory during the homebuying process. Burning fossil fuels is driving up global average temperatures and increasing inland flooding. A warmer atmosphere holds more moisture and rains harder during storms. This increases flooding inside and outside federally designated floodplains.
North Carolina advocates continue to address homeownership disparities
CHARLOTTE, N.C. — WCNC Charlotte anchor Jane Monreal followed up on WCNC Charlotte reporter Nate Morabito's investigations into Charlotte's challenges with affordable housing. According to recent data from real estate company Zillow, nearly one in four Black applicants are denied a mortgage. That's more than twice as often as...
Truehold Arrives in Charlotte: Transforming Home Equity into Financial Freedom
The Queen City has just welcomed Truehold, a company offering a smart twist on traditional home equity solutions. They’re making it easier for homeowners in Charlotte to unlock the value of their homes without packing a single moving box. Their sale-leaseback approach allows homeowners to sell their property in a straightforward traditional sale and then lease it back, combining familiarity with innovation in a city known for both.
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