| Paul Hockaday | EXIT Coastal Connection Realty | paul@exitcoast.com | 910-262-0772 |
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| Posted: Aug 15, 2009, 7:24am PDT | flag listing as inappropriate |
| Paul Hockaday | EXIT Coastal Connection Realty | paul@exitcoast.com | 910-262-0772 |
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| Posted: Aug 15, 2009, 7:24am PDT | flag listing as inappropriate |

Big changes are happening at Bluewater Waterfront Grill on Wrightsville Beach, NC. Lou Moshakos, who purchased Bluewater Grill almost a year ago, is making a statement. He's devoted to making Bluewater Waterfront Grill one of the hottest, must experience, destinations in Southeastern Coastal North Carolina.
Lou has made renovations to the Main Floor Dinning level by expanding the bar area to include six high-top tables which easily accommodate four patrons each. The high-tops allow great views of boats passing by on the Intracoastal Waterway. This sitting area is smoke-free but smokers don't be discouraged. Bluewater allows smoking in the upstairs Captains Lounge and in all of the downstairs outside bar and dinning areas by the water.
Lou has also just completed renovations to the downstairs outside bar and dinning areas by giving it a complete facelift. If it has been a while since you last visited Bluewater then you are in for a pleasant surprise. Lou has taken the canopy and raised it a whole story allowing for a much more comfortable "open-air" scene. The bar is massive compared to what it used to be and it is all "teaked" out. Good-bye are the days of rubbermaid chairs and pvc legged tables. Lou has also invested in beautiful teak tables, chairs and bar stools that are all top notch. Get ready for Sunday evenings because the bands will be playing from 4pm-8pm.
Not only is Lou committed to giving Bluewater Waterfront Grill a physical facelift but he is also making strides to improve service.
It doesn't matter how great a restaurant looks or how great the views are, if the service leaves patrons disappointed then they are much more likely not to become regulars. --Lou(paraphrased)
Lou has released a new menu which will have the food out of the kitchen and to the patrons much quicker. Lou has also improved the bars so the drinks will be made and delivered faster. Lou knows bars. If you have never been to a Carolina Ale House then locate one and go. You'll know when you go!
More to come...
Paul Hockaday
Home Buyers Seminar
Come join us tomorrow evening from 5:30 pm til at Bluewater Grill just over the drawbridge on Wrightsville Beach where we will be holding a Home Buyer Seminar on the top floor. Prime Lending and EXIT Coastal Connection Realty will be sponsoring this event to help inform Buyers what is going on in this market with loan programs, interest rates, tax credits, affordable housing, foreclosures, etc.
If you are on the fence, not sure if you should hold out for lower interest rates, lower home prices or if it is the time to buy, come to this seminar. We will provide food, non alcoholic beverages and advice on the current market.
This is an excellent opportunity to speak to loan officers and real estate brokers with no obligations. We hope to be able to answer any and all questions as well as possibly generate professional relationships.
Come on out and join us for a beautiful evening.
Paul www.myNCbroker.com
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FIRST-TIME HOMEBUYER TAX CREDIT
As Modified in the American Recovery and Reinvestment Act
Major Modifications Italicized
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February 2009 FEATURE |
CREDIT AS CREATED JULY 2008 APPLIES TO ALL QUALIFIED PURCHASES ON OR AFTER APRIL 9, 2008 |
REVISED CREDIT - EFFECTIVE FOR PURCHASES ON OR AFTER JANUARY 1, 2009 AND BEFORE DECEMBER 1, 2009 |
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Amount of Credit |
Lesser of 10 percent of cost of home or $7500 |
Maximum credit amount increased to $8000 |
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Eligible Property |
Any single family residence (including condos, co-ops, townhouses) that will be used as a principal residence. |
No change All principal residences eligible. |
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Refundable |
Yes. Reduces (or can eliminate) income tax liability for the year of purchase. Any unused amount of tax credit refunded to purchaser. |
No change Purchasers will continue to receive refund for unused amount when tax return is filed. |
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Income Limit |
Yes. Full amount of credit available for individuals with adjusted gross income of no more than $75,000 ($150,000 on a joint return). Phases out above those caps ($95,000 and $170,000). |
No change Same income limits continue to apply. |
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First-time Homebuyer Only |
Yes. Purchaser (and purchaser's spouse) may not have owned a principal residence in 3 years previous to purchase. |
No change Still available for first-time purchasers only. Three-year rule continues to apply. |
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Revenue Bond Financing |
No credit allowed if home financed with state/local bond funding. |
Purchasers who utilize revenue bond financing can use credit. |
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Repayment |
Yes. Portion (6.67% of credit or $500) to be repaid each year for 15 years, starting with 2010 tax filing. |
No repayment for purchases on or after January 1, 2009 and before December 1, 2009 |
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Recapture |
If home sold before 15-year repayment period ends, then outstanding balance of repayment amount recaptured on sale. |
If home is sold within three years of purchase, entire amount of credit is recaptured on sale. Applies only to homes purchased in 2009. |
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Termination |
July 1, 2009 (But note program changes for 2009) |
December 1, 2009 |
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Effective Date |
Purchases on or after April 9, 2008 and before January 1, 2009. Repayment to begin for 2010 tax year. |
All revisions are effective as of January 1, 2009 |
Mark your Calendars for March 11, 2009. EXIT Coastal Connection Realty will be hosting along with Prime Lending a Buyers Seminar at the Bluewater Waterfront Grill at Wrightsville Beach, NC.
Arrive at 5:30 pm for early registration and appetizers. Presentation will begin at 6:00 pm.
RSVP to paul@exitcoast.com
Paul
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