1) How much of the work you do (or don't do) yourself, 2) Your floor plan, 3) Your choice of finishes - i.e. wall surfaces, flooring surfaces, cabinets/countertops, lighting & plumbing fixtures, etc. 4) How you shop for materials (salvage yards, Lowes, Home Depot, or other builder suppliers, etc.).
What are the Property Owners Association dues in the communities?
The dues maintain the paved roads and the common areas.
In Hearthstone Ridge, the dues are $30/month ($396/year)
In Clearwater Creek, the dues are $25/month ($315/year)
In Sweetbriar Farms the dues are $24/month ($290/year)
How much earnest money do I need to put down?
$500 on any parcel of land, $2,000 on our cabin offerings, and typically 1% of a home purchase. We usually close the transaction in two to three weeks, including when financing is required for land, and about 30-45 days is typical for a cabin or home when financing.
What are the closing costs?
Click here for a comprehensive list of expenses to expect.
If I buy land and want to build (either now or later), will I have two payments each month?
Nope! The banks will be happy to roll your land payment and the construction of your new cabin into one loan. Most people choose this method.
What are the taxes in Rutherford County?
The taxes are currently .69/$100 for the county (example: $89,900 = assessed value ÷ $100 x .69 = $620/year). Properties available in the Hearthstone Ridge, Clearwater Creek, and Sweetbriar Farms communities are in the county, subject to Rutherford County taxes only. There are no "impact" fees, school taxes, initiation fees, or other taxes.
Are there paved roads in the communities?
Yes, the roads are paved in Clearwater Creek, Hearthstone Ridge, the Peaks at Lake Lure, and Sweetbriar Farms, but not in Pinnacle Ridge South. Where a cabin is offered, the driveways are usually gravel.
Are these gated communities?
Yes, the entrances are gated, except for Pinnacle Ridge South. Many owners enjoy the comfort of knowing access is restricted while they are away from their property. This is a rural area, and though most of these communities are gated, there are no sidewalks or curbs, no tennis courts, clubhouses, golf courses, or swimming pools. Just beautiful home sites with light restrictions.
What are the restrictions?
This is best answered by looking over the protective covenants for each community. The primary ones are: no mobile homes (yes, RV's are fine), no junk cars, and no commercial animals.
How about utilities?
Electricity is already in place for each of the properties. The electric company will bring power to your cabin/house after the Certificate of Occupancy is issued from the county's building inspection department. Temporary power is available during construction. Duke Energy and Rutherford Electric Co-op service the local electrical grid.
Phone lines are from AT&T, installed to the edge of each property. AT&T also installed fiber-optic cable throughout Hearthstone Ridge, which is not yet energized.
Water will be from your own well. Your waste water will go into a septic system. Installation of both are the buyer's responsibility, unless a finished home is what you are purchasing, or the seller of a lot has previously installed one or both.. Each lot offered in Hearthstone Ridge has a current septic permit from the county health department for a three bedroom home, and several parcels have the well permit in place also.
Natural gas is not available outside the town limits, but tanks for propane or heating oil are permitted. Many people use electric heat pumps for their heating and cooling needs.
Cable TV is not available in the three subdivisions, but both Dish Network and DirecTV satellite are available.
How deep are the wells? What do they cost? How is the water?
The average depth of a well in Rutherford County is between 200' and 400'. It is wise to budget around $5,000 for the complete package, which includes drilling, casing, submersible pump, pressure tank, and trenching the supply/power line to the home. Rutherford County has excellent, good tasting water, without sulfur or iron issues that plague other areas. Many people only use a sediment filter for their homes, as carbon is not necessary.
Septic permit renewal?
The septic permits issued from the Rutherford County Health department are good for a five-year period. However, an automatic extension of four years has been granted to permits issued between January 1, 2003, and January 1, 2008. Furthermore, permits issued after January 1, 2008 but before December 31, 2010 are valid until December of 2016. Older septic permits do require a $175 re-evaluation fee.
How far away is a hospital?
Rutherford Hospital is a 143 bed hospital in Rutherfordton, about 5 miles from Clearwater Creek, 7 miles from Hearthstone Ridge, 16 miles from Sweetbriar Farms. Other distances vary.
Are recreational vehicles allowed within the communities?
Yes. It will be the owner's responsibility to provide for parking on their own property.
Am I allowed to use my property as a vacation rental?
Yes. There are no restrictions against such usage, provided the occupants respect the peace and privacy of others.
Can I have a shed, workshop, or barn?
Yes, outbuildings are fine, and should generally match or have a similar finish as the primary residence.
Are animals allowed?
Yes, pets are welcome, and grazing animals (such as horses, sheep, etc.) are allowed. No commercial animals (i.e. no raising poultry, pigs, etc. for business resale) are allowed.
How do they build on a steep lot?
There are a couple of foundation methods that work well.
1) Frequently, a basement is cut into the land, giving the house a flat place to sit.
2) A "staircase" can be cut into the land to give a flat place for each course of foundation block.
Both types utilize a concrete footing beneath the house which must pass building inspections. A basement floor is sometimes poured as a footing/slab combination.
What if I have other questions ?
We love to answer questions! Call us!