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Exciting new listing located at 2700 Royal Drive

by The Pistol Tingen Team

2015 Pitt County High School Graduation Schedule

by The Pistol Tingen Team

The 2015 Pitt County High School Graduation Schedule has been released and shown below.

To download a PDF copy of the shedule, please click here.

 
Wednesday, June 10, 2015

Ayden Grifton 4:00 PM

J.H. Rose 7:30 PM

 

Thursday, June 11, 2015

North Pitt 4:00 PM

D.H. Conley 7:30 PM

 

Friday, June 12, 2015

Farmville Central 4:00 PM

South Central 7:30 PM

Pitt County Schools Early College High School

by Pistol Tingen
Pitt County Schools Early College High School
 
Overview 
The Pitt County Schools Early College High School will open in the fall of 2015 with a promise of providing students with the opportunity to earn a high school diploma and two years of transferable college credit or an Associate's Degree. Located on the campus of Pitt Community College, the PCS Early College will provide a personalized, academically-energized environment at both the high school and college level for students who are first generation college bound and traditionally underrepresented in higher education, particularly in S.T.E.M. fields. PCS Early College will support students through what effectively becomes their first two years of college - typically the most vulnerable period for students from this target population. All for FREE!
 
Goals
  • Improve academic outcomes for all students.
  • South Central Students Promote local business and industry by developing a workforce well prepared for the state's emerging economy through exposure to Science, Technology, Engineering, and Math (S.T.E.M.) courses and pathways.
  • Employ a project-based learning approach that actively engages students through lesson plans characterized by inquiry and collaborative work.
  • Create a sense of community and family that supports the social, emotional, physical, and intellectual needs of students.
Highlights
  • Instructional methods will include project-based as well as problem-based learning, performance-based assignments, and cooperative learning.
  • Assessment methods will include portfolio presentation, oral defense, student-led conferencing, and state/locally mandated examinations.
  • Expose students to relevant, real-world scenarios and empower them to make meaningful decisions about their own learning and future goals.
  • Job-shadowing and internships with local business and industry will strengthen students' understanding of S.T.E.M. career pathways and workforce readiness as it relates to curricular direction at Pitt Community College.
  • Support through AVID (Advancement Via Individual Determination) strategies with an emphasis on reinforcing student and organizational skills; seminar/tutorial sessions will be held.
  • Exceptional children will receive services as required. 
For more information, contact principal Wynn Whittington at (252) 830-4200 or wynn.whittington@pitt.k12.nc.us

New Real Estate Sales Tax for 2013 - Truth or Fiction?

by Pistol Tingen

By now you have probably heard, or received mulitple emails, about a real estate sales tax on the sale of all primary homes beginning January 01, 2013. This new sales tax is tied to the new health care bill. I've received several emails with the scary headline, “Real Estate Sales Tax.” The first sentence said it all: “Under the new health care bill - did you know that all real estate transactions will be subject to a 3.8% Sales Tax?”
It went on to say, “If you sell your $400,000 home, there will be a $15,200 tax.”


My client wanted to
know whether he
should sell his home
now instead of waiting
until 2013 when this alleged sales
tax takes effect.
I was happy to inform my client
that the email was a complete
distortion based on a partial truth.
The truth, as you can read more
fully on snopes.com — a terrific
resource for verifying the truth of
any hard-to-believe email you receive,
political or otherwise — is
that the Medicare tax, which is
currently applied only to “earned”
income (wages) will be applied to
“unearned” income (investments)
starting in 2013. However, to say
that it will apply to the
total sales price of
every real estate
transaction is an outright
lie.
First of all, the tax
will only apply to investment
income —
profit — that exceeds
$250,000. In the case
of selling your primary
residence, the first
$500,000 of profit (on
a joint return) is exempted
anyway, so even if you
bought that $400,000 home for
one dollar, you wouldn’t be taxed
under current capital gains rules,
much less for that additional 3.8%
Medicare tax starting in 2013.
Investment properties are subject
to capital gains tax, but that
can be deferred through a 1031
exchange. Even so, if you sell an
investment property for $400,000,
how much of that amount is profit?
To say that the tax applies to the
whole sales price is a total distortion
— an intentional lie being
circulated for purely partisan purposes.
Because the tax only kicks in
when your investment income
exceeds a very high threshold,
only the ultra–rich will be touched
by it. The administration is actually
doing what it promised — to
raise taxes only on those earning
over $250,000 a year. The email
which my client received was
designed to fool the mass of voters
into thinking their taxes are
being raised when they’re not.

What's New In Greenville 9/16/2011

by Anthony Litz

 

Greenville, NC and East Carolina are growing! Let's take a look at a few new businesses and restaurants.


The Facts:

  • Tastyville Pizza –Pizza Buffet just opened a couple weeks ago. - 1605 E Firetower Rd, Greenville, NC 27858 - (252) 364-8704- http://www.tastyvillepizza.com/ Tastyville Pizza Buffet Greenville NC
  • Mazatlan Mexican Restaurant will be opening a new location in the Arlington Village Shopping Center on the corner of Red Banks and Arlington Blvd - Greenville, NC – (252) 551-3190 - http://mazatlannc.com/
  • The Carolina Ale House is opening this weekend in front of the Greenville Mall, off of Greenville, Blvd. It looks very nice! - 704 SE Greenville Blvd, Greenville, NC 27858 - Phone 252-317-0005 - http://www.carolinaalehouse.com/greenville-nc  Carolina Ale House Greenville NC Opens
  • Pete's Wicked BBQ on Red Banks is now open. (note: The Winterville location is temporarily closed.) 610 A Red Banks Rd, Greenville - 252-353-5353 - http://www.peteswyckedgrill.com/  Pete's Wicked BBQ Greenville NC
  • AT&T Wireless is building a new location at the intersection of Arlington and Greenville Blvd, with-in the Big Lots Shopping Center - http://www.att.com/ AT&T Wireless Greenville NC Arlington and Greenville Blvd Intersection AT&T Wireless Greenville NC
  • BoneFish Grill Restaurant has plans to open a location in the Greenville Square Shopping Center. (aka K-Mart Shopping Center) - http://www.bonefishgrill.com/
  • Mellow Mushroom is coming. It is suppose to be near the the intersection of Arlington and Greenville Blvd. Apparently plan's have been submitted to the City of Greenville for approval. - http://www.mellowfranchise.com
  • Chick-fil-A is currently building a new Winterville, NC location across the street from Sam's Club off of Hwy 11. Due to open Oct 27, 2011 - 4253 Winterville Pkwy, Winterville - http://www.chick-fil-a.com/
  • O'Reilly Auto Parts is about to open a new location near Winterville off of Fire Tower Rd. - 1908 E Fire Tower Rd, Greenville, NC 27858 -  (252) 215-0837 - http://www.oreillyauto.com  O'Reilly Auto Parts Store Greenville NC

Planning Stages & Rumors
  • Dairy Queen is possibly going to build near the Sheetz gas station, across from Pitt Community College on Hwy 11. - http://www.dairyqueen.com
  • Sonic is looking at land for a 4th location in Greenville... - http://www.sonicdrivein.com
  • Ayden, NC is due to get a Wal-Mart Express.  There has been a lot of utility work and land prep seen behind Food Lion and Kerr Drug where the the Wal-Mart would be located. - http://www.walmart.com/
  • Greenville also has a second Wal-Mart location in the works off of Portertown Rd and Hwy 33. - http://www.walmart.com/

 

Got a tip? Or want to see your business on a list like this? Contact us on the website or call at 252-321-6161, we would love to help!

Please understand all information in this article is deemed reliable but not guaranteed.

Pitt County School Calendar 2011-2012

by Anthony Litz

 

Pitt County School Calendar 2011-2012The new Revised Pitt County Public School Calendar has been released. 

Click here for the PDF that you can print or download to your PC.

From the Pitt County School's Website:

July 12, 2011 - The State Budget Bill (House Bill 200) that was ratified on June 4, 2011, includes language that impacts school calendars for ALL school districts effective next school year.

The new legislation increases the minimum number of instructional days from 180 to 185 and the minimum number of instructional hours from 1,000 to 1,025.  Left in place are the parameters that school for students must not start before August 25th and must not end after June 10th.

With some disclaimers and waiver opportunities to the State Board of Education included, the legislation essentially eliminates the 5 days that were previously added to the calendar for protected teacher workdays.   Stricken from §115C-84.2 (School Calendar) as a result of this legislation is the following:  “Five days, as designated by the local board, for use as teacher workdays, These days shall be protected to allow teachers to complete instructional and classroom administrative duties.  The local school administrative unit shall not impose any additional tasks on these days.  The local board shall schedule one of these days at the beginning of the school year and one at the end of each academic quarter.”

Many groups lobbied to postpone the effective date of this action until the 2012-13 school year, as most all school districts had already approved and distributed their 2011-12 school calendars, but that did not occur.  However, the State Board of Education advised that it would be approving temporary waivers to this new requirement for districts that commit to using the five additional days to train teachers on the Common Core and new essential standards.  (The State Board also advised it will not be as flexible in future years.)

Pitt County Schools submitted a waiver request that was approved by the State Superintendent of Public Instruction meeting the required guidelines by providing a detailed “Scope of Work” plan showing how the waived instructional days will be used for professional development on the essential standards and the Common Core.  The new essential standards and Common Core standards are scheduled for classroom implementation in the 2012-13 school year.

The immediate impact of this action is that we must adjust our 2011-12 Calendar for Students and 10-Month Employees in several ways.

  • In accordance with the waiver approved from the State Superintendent, the following teacher workdays will be used for staff development on the essential standards and Common Core instruction. 
  •   October 28, January 18, March 2, March 23
  • December 19th will be added as an instructional day for students.  This was previously an unscheduled day. Corresponding with the changes above, make-up days for inclement weather have been adjusted as well as the placement of system designated workdays and the last day for staff.

Click here to review the revised calendar which reflects these revisions. This will be reprinted and redistributed to parents and students. We recognize there may be some confusion as the school calendar was already set, printed, and previously distributed.  We will do everything we can to communicate the correct dates and we will need your help as well. We also will need your help explaining that this late action was not a local decision but rather was directed by General Assembly legislation.

Foreclosures Are Low, But Inventory is High

by Anthony Litz

 

Foreclosures are down Graphic

Nearly 8% of U.S. mortgages were at least 30 days past due in April but not yet in foreclosure. That was slightly higher than in March, but 16% more than last year, LPS Applied Analytics, which tracks the mortgage market.

Seriously delinquent loans - more than 90 days past due or already in foreclosure - also represented nearly 8% of loans in April. That was down slightly from March and up 11% from a year ago, LPS says.

 Less delinquency eventually set new housing market recovery, but that's far away. About 4.2 million loans are seriously delinquent or in foreclosure. At current sales rates, which will take four years to absorb the inventory, LPS says.

"There is still much water in the boat, but at least we have connected some of the leaks," says Herb Blecher, senior vice president LPS. "Now we can rescue the company out."

Almost 4 million homes have been repossessed by lenders as the housing market began to tank in 2006.

Falling house prices are more likely to drive late payment. "There are a lot of incentive for people to leave their homes," says IHS Global Insight economist Patrick Newport.

However, other factors may slow the arrears, including:

 • Fewer new problem loans. For every 100 loans that were current in November, 1.28% due 60 days in April, data show LPS. That's the lowest percentage in at least three years below the peak of almost 3% in January 2009. Rates for new problem loans are the highest in Nevada, Arizona and Florida.

 • Loan modifications. In April, 22.5% of loans were more than 90 days in arrears one year had become current. That figure was 12.6% in April 2010, LPS, said. Last year, nearly 1.8 million homeowners received a loan modification, 42% from 2009, says the hope and the alliance of mortgage servicers, investors and others. loan modifications often include lower interest rates or longer loan terms.

 • Improved quality of loans. Lenders have tightened lending standards for borrowers who receive loans are less likely to default.

 In April, less than 2% of loans in 2010 was delayed after 12 payments. At the same age, over 6% of loans in 2007 and 2008, there were criminals, the data indicate LPS.

SOURCE: USA Today

Foreclosures Slow Due To New Regulations

by Anthony Litz

 

The foreclosure process is taking longer than ever, which is slowing the foreclosures from coming to market.foreclosure time line calendar

 Recently there is an average 400 day period from the default notice until the day the bank reclaims the property. "That's up from 340 days a year ago and more than double the average 151 days it took to foreclose in the first quarter of 2007, at the start of the nation's foreclosure crisis.", says USA Today.

Experts say the the added delays although increase the homeowners time without monthly payments, the bank and loan-owner's losses become greater.

"April foreclosure activity hit a 40-month low, mainly because of processing delays, RealtyTrac CEO James Saccacio says. Default notices, scheduled auctions and bank repossessions were reported on 219,258 properties in April, down 34% from a year ago."

"In some cases, lenders are taking longer to begin foreclosing on loans more than 90 days delinquent because they're waiting longer to allow for modifications or short sales — when lenders take less for a house than what's owed — or other alternatives, Saccacio says."

 

Call The Pistol Tingen Team at 252-321-6161 or send us an email if you would like any information regarding the subject of foreclosures.  We are a wealth of information; please don't hesitate to contact us with any questions or for advice.

 

Resources: USA TODAY,

ECU Offers Online Classes in Virtual 3D World, Second Life

by Anthony Litz

Landlords Gladly Rent to the Foreclosed

by Anthony Litz

 

google map to real pro systems The rental market in Greenville and Pitt County is H-O-T right now.

More than three quarters (82%) of the independent owners say they hire someone who lost a house in foreclosure, if the applicant had traditionally a good credit rating, according to a survey published today by the National Association of Independent Business Owners.

"The owners generally do not rent to applicants with poor credit and a foreclosure absolutely Slam someone scores. The exception is when they see people who have paid their bills all his life but lost his job, can not meet your mortgage and must hand over the keys to the bank, "said Tracey Benson, president of the National Association of Independent Business Owners.

Although the recent credit problems, Benson said, applicants with a foreclosure can be a good hazard, especially because I did once had its own home: "These people are used to taking pride in where they live often lost their jobs and homes through no. beyond their control. "

Increasingly, mortgage defaults due rather to the loss of jobs that poorly equipped borrowers who lost their homes that never should have bought, "said Benson. A background check, as conducted by the National Association of Independent Business Owners indicate in which class an applicant falls, and if the financial problems are part of a recent spate of bad luck or a trend throughout life.

"Because of this abundance of default, there is a higher need for rent, so that owners carefully vet applicants, " said Benson.

The National Association of Independent owners polled 563 members from 21 March to 25 March 2011.

 

+About The National Association of Independent Landlords

The National Association of Independent Landlords is the country's largest provider of services for small landlords.  Services include credit reports, electronic rent collection and tenant screening as well as information about property management, rental laws in all 50 states and other issues critical to property owners. Visit us at www.landlordassociation.com or call 800.352.3395.

SOURCES: http://www.landlordassociation.com - http://www.prnewswire.com - http://www.realtor.com

 

 

More than three quarters (82%) of the independent owners say they hire someone who lost a house in foreclosure, if the applicant had traditionally a good credit rating, according to a survey published today by the National Association of Independent Business Owners.

"The owners generally do not rent to applicants with poor credit and a foreclosure absolutely Slam someone scores. The exception is when they see people who have paid their bills all his life but lost his job, can not meet your mortgage and must hand over the keys to the bank, "said Tracey Benson, president of the National Association of Independent Business Owners.

Although the recent credit problems, Benson said, applicants with a foreclosure can be a good hazard, especially because I did once had its own home: "These people are used to taking pride in where they live often lost their jobs and homes through no. beyond their control. "

Increasingly, mortgage defaults due rather to the loss of jobs that poorly equipped borrowers who lost their homes that never should have bought, "said Benson. A background check, as conducted by the National Association of Independent Business Owners indicate in which class an applicant falls, and if the financial problems are part of a recent spate of bad luck or a trend throughout life.

"Because of this abundance of default, there is a higher need for rent, so that owners carefully vet applicants, " said Benson.

The National Association of Independent owners polled 563 members from 21 March to 25 March 2011.

Displaying blog entries 1-10 of 45

BERKSHIRE HATHAWAY HomeServices Prime Properties,   Greenville, NC, 2625 Charles Blvd.

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