Blog :: 05-2018

Make the Road to Your First Home Purchase a Smooth One

First Time Home Buyer Asheville

Taking the leap into first-time home ownership can be a daunting experience – but it doesn’t have to be. If you’re looking to make the process of buying your first home in the Asheville area a smooth one, the agents at Mosaic Community Lifestyle Realty can help. Mosaic’s agents are well-versed in the particulars of purchasing a first home; they are trained to support you through every step of the process, implementing tools and resources rarely secured by buyers who choose to go with less experienced agents. Following, a few tips from Mosaic to help you on your way to buying your first home:

Money Matters

Home ChecklistBefore diving deep into your home search, it’s best to meet with a mortgage broker who can explain the types of loans for which you qualify, and ways in which you can capitalize on financial aids available to you as a first-time homebuyer.

A Mosaic agent can help you formulate an expected cost checklist, and advise on ways to tackle, stagger or better manage those costs. As with any big-ticket purchase, there will be risks associated with buying a home. It’s Mosaic’s job to make you aware of all of those risks, so that you’re fully prepared if and when you encounter them.

Educate Yourself

Did you know there are a variety of educational programs geared to the first-time homebuyer? A Mosaic agent can explain the class options offered in the area; everything from broad instruction to personalized guidance is available to you.

Strategies to Prepare

First Time HomebuyerAttaining the fiscal know-how necessary for a home purchase takes some practice. Mosaic knows this, and has a range of tips for getting you – and your wallet – ready for the undertaking. Everything from saving strategies to credit repair can be thoroughly explored with the help of Mosaic’s knowledgeable staff.

Knowing the Rules

Did you know specific loan rules can apply to homes on private roads? Or that certain condominium complexes can carry assessments and fees beyond the standard purchase price? When it comes to first-time home purchases, Mosaic agents are well-versed in the rules, both routine and unconventional. Having them in the driver’s seat means never being surprised by hidden or little-understood regulations.

Tips like this are only a start; if you are ready to buy your first home in the Asheville area, and want a plan that thoughtfully encompasses all of your purchasing parameters, contact Mike Figura at Mike@MyMosaicRealty.com or call him anytime at (828) 337-8190.

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Asheville's Rooftop Bars: The Pinnacle of Picturesque

Asheville Rooftop Bar

Asheville, famed for some of the most spectacular Blue Ridge Mountain vistas, is seeing its popularity peak in a different arena: rooftop bars. Downtown Asheville boasts an ever-growing number of elevated outdoor bars and restaurants, featuring eclectic menus to go with those breathtaking views. Following, some of the most popular rooftop destinations from which to drink it all in:

The Montford Rooftop Bar, atop the eight-floor Hyatt Place Hotel, offers mountain views from the outdoor terrace or the indoor bar. The Montford features a seasonal cocktail menu, with accompanying small bites crafted from locally sourced ingredients. 199 Haywood St.

Asheville Rooftop BarPillar, part of downtown Asheville’s Hilton Garden Inn, offers signature craft cocktails, regional beers and sustainable wines, coupled with small plates of Southern fare. The sixth-floor outdoor terrace offers the perfect perch from which to soak in sunset vistas; its indoor lounge provides year-round views. 309 College St.

Hemingway’s Cuba Restaurant & Bar, on the fourth floor of the Cambria Hotel, has an outdoor terrace with a firepit. Soak in downtown and mountain views while enjoying craft cocktails and Cuban cuisine. 15 Page Ave.

AC Hotel has a large rooftop bar overlooking Pack Square Park and City Hall. The ninth-floor venue, which also has a spacious indoor bar, features a tapas-style menu. 10 Broadway St.

Social Lounge, one of Asheville’s first rooftop bars, offers a bird’s eye view of bustling Broadway below. Visitors to the cozy rooftop destination can enjoy a range of cocktails, wines and local beers, as well as small plates. 29 Broadway St.

Asheville Rooftop Bar Sky BarSkyBar features vistas from its multiple fire escape terraces atop the Flatiron Building. The unique seasonal experience begins with a ride up to the eighth floor in the building’s original elevator. Enjoy drinks and appetizers along with panoramic views. 18 Battery Park Ave.

The Top of the Monk sports signature hand-crafted classic cocktails featuring house-made bitters, infusions, syrups and fresh-squeezed juices. The cozy downtown patio, perched above Pritchard Park, offers city views framed by string lights. 92 Patton Ave.

Highland Brewery, in East Asheville, is famed for its open-air Meadow, featuring food trucks and live entertainment. Adding to the brewery’s popularity is its seasonal rooftop patio, surrounded by sweeping mountain views. Visitors can enjoy one of many Highland beers on tap, and they can even bring their furry friends to the dog-friendly venue. 12 Old Charlotte Highway, Suite 200

For a personally guided tour of neighborhoods within walking distance of rooftop bars, or for more information on real estate anywhere in Asheville, please contact Mike Figura at Mike@MyMosaicRealty.com or call him anytime at (828) 337-8190.

Search: All Properties for Sale Near Asheville

 

Biltmore Forest: Luxury Living Meets Ample Amenities

Biltmore Forest Asheville NC

Just 10 minutes south of downtown Asheville, amid the lush backdrop of the Blue Ridge Mountains, sits the town of Biltmore Forest. Residents and visitors alike are drawn to Biltmore Forest for its close proximity to exhilarating outdoor activities, popular tourist attractions, and residential neighborhoods teeming with majestic mansions, historic rambling ranches and gated communities.

The town of Biltmore Forest provides a full range of services including police, public works, water, zoning and sanitation. With the Blue Ridge Parkway slicing the southern end, Hendersonville Road bordering the east, downtown Asheville and I-40 to the north, and the Biltmore Estate running along the western border, Biltmore Forest is perfectly positioned for optimal living and playing.

Biltmore Forest: Encompassed in History

Biltmore Forest AshevilleIn the early 1900s, 1,500 acres of Biltmore Estate bordering on Hendersonville Road was declared a restricted residential section and sold off as lots. The project, which would become Biltmore Forest, began in August 1920, and the town was officially chartered in 1923.

In 1990, the Biltmore Forest Historic District was determined eligible for the National Register of Historic Places. Eligibility included the area’s pioneering method of suburban real estate development; the Colonial revival, craftsman, rustic and Tudor revival styles specific to the area; and the coordination of plan, landscaping and architecture to create identity and character.

Residential zoning designations and conscientious zoning restrictions have helped to retain the historic design. The adoption of tree protection ordinances and community forestry programs have helped to conserve the natural landscaping that is a hallmark of Biltmore Forest.

Amenities Abound Near Biltmore Forest

Biltmore ForestBiltmore Forest offers its residents a number of community parks, 24-hour police and fire protection, the private-membership Biltmore Forest Country Club with golf course, pool, fitness center and tennis facilities, and a number of public, private and parochial schools nearby. The commercial thoroughfare of Hendersonville Road is home to a number of grocery stores, gyms and specialized fitness facilities, retail shopping both big-box and boutique, movie theaters and restaurants. The Asheville Regional Airport is a mere 15 minutes away.

Outdoor adventures are only a short drive away from Biltmore Forest. Residents can take a hike through Pisgah National Forest; enjoy a scenic drive up the Blue Ridge Parkway; or enjoy water activities on the French Broad River.

For a personally guided tour of Biltmore Forest, or for more information on real estate here or anywhere in the Asheville area, please contact Mike Figura at Mike@MyMosaicRealty.com or call him anytime at (828) 337-8190.

Search: All Properties for Sale in Biltmore Forest

 

Explore 21 Lakeview Road in Beautiful Asheville, NC

Picture yourself if this stunning historic Lakeview Park home. This meticulously maintained two-story granite and block stucco home features incredible views of Beaver Lake and Elk Mountain, and is just a few miles from downtown Asheville. Architecturally designed to maximize natural daylight, the home has walls of east and west facing windows throughout. Chef’s kitchen has Carrara marble countertops, FiveStar Stove, Viking refrigerator, original craftsman tile flooring, and custom cabinetry. Floor plan is spacious with beautiful period details throughout include original crystal chandeliers, oak floors, leaded glass windows, butler’s pantry, and library. Perfect for entertaining inside and out. Multiple terraces, fenced backyard, two car garage, and ample off street parking. Large elevated lot offer views and privacy. Enjoy Beaver Lake’s walking paths, kayaking, and canoeing or walk to library, restaurants, shopping, and more.

MAIN FLOOR:

MAIN FLOOR LIGHT AND BRIGHT AND AIRY

  • Stone steps lead you to the front entrance
  • Front door opens to tiled vestibule which leads to an elegant foyer
  • Living room is spacious and bright and features a wood-burning fireplace with wood mantel and custom handcrafted tiles
  • Walls of windows let in abundant daylight and offer views of both Beaver Lake and Elk mountain and the private shaded backyard
  • 10-foot ceilings and picture rail throughout
  • French doors open to library
  • Library currently used as a den has walls of arched windows, custom built-ins, ceiling fan, and door to back patio and yard
  • Dining room off foyer has large chandelier, room for large table and stunning views
  • Dining room flows to butler’s pantry/ breakfast room
  • Butler pantry currently used as first floor office has room for storage and would be an ideal breakfast room
  • Powder room accessible from kitchen or off foyer

KITCHEN:

KITCHEN_carrara marble countertops

  • Designer chef’s kitchen features six-burner stainless steel FiveStar stove, Viking refrigerator, and Carrara marble countertops
  • Individually laid original tile flooring
  • Custom cabinetry with built-in plate rack, glass front upper cabinets, and built-in pantry cabinets
  • Pendant lighting, crown molding, and large windows
  • Kitchen opens to Butler Pantry/ Breakfast room
  • Backdoor leads to basement stairwell and grilling porch
  • Grilling porch has permanent gas line

SECOND FLOOR:

  • Second floor features four bedrooms, two bathrooms, laundry room, and covered porch with views
  • Master bedroom has large walk-in closet with custom closet system and offers lovely mountain and lake views
  • Second closet in master for extra storage
  • Master bathroom has large vanity, marble tile floors, cast-iron tub/ shower combo, and subway tile chair rail
  • Spacious second bedroom has west facing windows and two closets
  • Third bedroom has lake views and ceiling fan
  • Second full bathroom features a Carrara marble pedestal sink, marble tile flooring, chandelier, and cast-iron tub/shower combo
  • Fourth bedroom has glass French doors that lead to covered porch
  • Laundry has room for storage and is light and bright

OUTDOOR:

OUTDOOR_ Slate Stone Terrace and Level Lawn

  • Elevated .40 acre lot has sprawling lawns, mature trees and perennials, and multiple terraces with ample space to entertain
  • Large front terrace features wooden decking, cast-iron railings, and stunning views of Beaver Lake and Elk Mountain
  • Second front terrace has slate-stone flooring and is wonderfully private and overlooks a level lawn area and line of evergreen trees
  • Fenced-in backyard has a grilling porch with permanent gas line, large patio for outdoor dining, mature trees, and large garden bed
  • Stairs from yard lead to back driveway and garage
  • Second floor porch has new wood decking, room for multiple sitting areas, and is covered by custom canvas awning

DIRECTIONS:

From downtown Asheville: Merrimon Ave. North to left onto Lakeshore Dr. Turn right onto Lakeview Rd. Home is on your left.

For more information, contact listing agents Vanessa Byrd and Laura Moye

 

Gain Guidance on Investment Property Purchases in Asheville

Rental Investment Property Asheville

If you’re in the market for an investment property in Asheville, you’re probably aware of the wide range of properties available, and the long list of logistics involved in purchasing one of those properties. Navigating the complicated process of buying a single- or multi-family home, a parcel of land, or a commercial building can be daunting, but it can be made less so by aligning with a real estate agency adept at spearheading such deals. Mosaic Community Lifestyle Realty has agents specially equipped to guide you through the ins and outs of investment property purchases, offering a deeper knowledge and invaluable tips that might otherwise be unavailable from a less experienced agent. Below, a few ways Mosaic makes the process more manageable, helping you to get the best deal on your investment:

Cap Rate and Contract Considerations

Commercial Investment Property AshevilleOne important guide in shopping for an income-producing property is the capitalization rate – the ratio of the property’s net income to its purchase price. Evaluating the rate of return on your investment goes beyond a simple math equation; things to consider include financing duration, interest rates, and the type and condition of investment property. A Mosaic agent can dig deep for you, helping you to compare the cap rate on several properties and hone in on the one that gets you the best return on your investment.

Transaction contracts and what they contain vary widely depending on the type of property. Which one to implement, and what it should include in the fine print, can be complicated to understand, which is why it helps to have Mosaic at the table. How quickly the process during the examination period (due diligence) is completed is crucial, something that Mosaic agents know and prepare for accordingly.

Assembling Your Team

Investment Properties AshevilleBuying an investment property often involves retaining a variety of experts for inspections, code reviews, and structural and environmental components. Do you need an architect, civil engineer, builder, surveyor? Mosaic agents can advise you on which specialists make sense to add to your team, and which assessments need to be covered.

Types of Leases

When you’re looking at an investment property purchase, one of the things to consider is the type of lease you will be implementing with your tenant. You may be unfamiliar with the terms of a gross lease, a full-service lease, or a triple-net lease, so it’s important to have an agent who can help you weigh the pros and cons to each of these options.

These are just a minute portion of the many bases that must be covered when diving into an investment property deal. For a personalized plan suited to your investment goals, or for more general information on real estate in the Asheville area, please contact Mike Figura at Mike@MyMosaicRealty.com or call him anytime at (828) 337-8190.

Search: All Properties for Sale Near Asheville

 

Lively Living in Leicester,NC, Against a Breathtaking Backdrop

Leicester Neighborhood Near Asheville

Leicester, a community nestled among rolling hills against a breathtaking Blue Ridge backdrop, sits 10 miles northwest of Asheville in Buncombe County. To spend time in Leicester is to discover the perfect balance of natural beauty, exciting annual events, and popular amenities, all within easy driving distance. Leicester’s ideal location puts it mere minutes from West Asheville, Downtown Asheville, Weaverville and Woodfin.

The area features a range of home styles – everything from rustic ranches to green builds to maintenance-free condominiums. Or you can find your perfect parcel of land to create the home of your dreams from scratch.

Leicester’s Beginnings

Leicester NC FarmIn 1829, a post office opened in the area, originally called Turkey Creek. Frontiersman Leicester Chapman purchased a tract of land in the area from the city of Asheville, becoming the postmaster in 1852. Seven years later, Chapman renamed the area Leicester for the Earl of Leicester, also his namesake.

New Leicester Highway serves as a main commercial corridor for the community, featuring a range of restaurants, grocery chains, and retail stores. If you’re looking to get away and immerse completely in the outdoors, the Great Smoky Mountains are a little over an hour’s drive. A favorite destination from Leicester is Max Patch in Pisgah National Forest, an Appalachian “bald” and one of the Appalachian Trail’s most popular hikes.

Leicester Area Activities

Leicester Farm GoatsLeicester is brimming with annual events and seasonal fests to keep residents and visitors entertained year-round. Following, a few favorites:

·      Asheville Barnaroo – Started in 2009 and held every fall at Franny’s Farm, this popular festival features non-stop music over 38 acres for three days. It aims to showcase, promote and celebrate local and regional singer-songwriters and bands in rock, folk, Americana, bluegrass and funk. The fest offers optional camping; concertgoers can enjoy local beer from Hi-Wire, local food from Farm to Fender food truck, and talented regional crafts and artists.

·      Come to Leicester Studio Tour – This annual art studio tour, held in August, showcases Leicester’s local talent and builds awareness of its vibrant arts community. The free, self-guided tour of more than 23 studios and shops offers the opportunity to see artists at work, and to purchase pieces. A detailed tour map is available at every tour stop.

·      Addison Farms Vineyard – This family-owned and -operated vineyard, winery and tasting room is situated on 55 pristine, rolling acres, land that has been in the family for four generations. The tasting room is open year-round; Addison also offers a Winemaker’s Tour & Tasting for a personal, behind-the-scenes experience.

·      Noble Cider Taproom – Located on New Leicester Highway, Noble Cider – Asheville’s first hard cider company – offers visitors the opportunity to watch raw apples arriving for pressing, fresh apple juice being pumped into tanks to be fermented, or the finished product being put into kegs or bottles. Noble’s 20 taps feature an eclectic range of crisp and creative hard ciders. Open Wednesday-Sunday.

For a personally guided tour of Leicester, or for more information on real estate here or anywhere in the Asheville area, please contact Mike Figura at Mike@MyMosaicRealty.com or call him anytime at (828) 337-8190.