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weekly updates from your association
2935 Breezewood Avenue, Suite 100 Fayetteville, NC 28303         910.826.0648     
Week of June 12
In This Issue In Every Issue

Register Today!

Player fees include:
Golf cart, driving range, breakfast, lunch, drinks, beer, snacks, raffle, hole in one prizes, prizes for top 3 teams!
August 6, 2015
Gates Four Golf & Country Club
  • 9:00 am Check-In & Driving Range
  • 9:30 am Breakfast
  • 10:00 am Shotgun Start
  • Immediately Following Tournament Lunch, Awards & Prizes
Sponsorship and Player 
  • The new Closing Disclosure form  
    • Replaces the HUD-1*
    • Replaces the final Truth in Lending Act (TILA) disclosure
  • Settlement Agents and Lenders will need to work closer together to prepare CDs
  • The new Loan Estimate form replaces the Good Faith Estimate
  • CDs must be delivered at least three days before closing
  • New tolerance levels for certain fees quoted

HUD Training
New Closing Rules

presented by
Melody Spaulding with Cunningham & Company

 Wednesday, June 24
12:00 pm-1:00 pm

HBAF Office
2935 Breezewood Avenue, Suite 100

Register to attend

Who should attend? Everyone involved in the closing: Builders, Attorneys, Lenders & Realtors.
North Carolina Landscape Contractors' Licensing Law Effective August 1
   In 2014, the NC General Assembly enacted the Landscape Contractors' License Act by transforming the current NC Landscape Contractors' Registration Board into a licensing board. This new board will issue licenses, monitor licensees, and prosecute license violators to protect consumers. This new Act becomes effective on August 1, 2015.
   Licensed general contractors who possess a license classification of building, residential or public utility contractor are exempt from the requirements of the Act. Those holding such a classification may engage in activities which constitute landscape contracting under the Act without being licensed by this new Landscape Contractors' Board. Subcontractors engaged by licensed general contractors to perform activities that constitute landscape contracting are not required to be licensed under the Act, unless the project at the job site exceeds $30,000 (including labor, materials and other services) over a consecutive 12-month period. Land clearing and erosion control activities are also exempt from the requirements of the Act.
Other provisions of the law include:
  • Licensees must post a $10,000 surety bond that protects the customer against losses resulting from the contractor's failure to meet contract obligations.
  • Licensees are allowed to engage in landscape projects costing more than $30,000, within the definition of landscape contracting, without required to be licensed as a general contractor.
  • All landscape projects and /or contract specifications for planting and other site elements should, at a minimum, meet the new Standards of Practice for Licensed Landscape Contractors. Landscape architects can make more stringent specifications, but the minimum standard should meet the new law's Standards to avoid conflict with the Licensed Landscape Contractor who wins the project - and ultimately avoid problems for the client.
   NCLBLB is developing the new Standards and will forward and post on the NCLCLB website as soon as they are available.
   The license is good news for your clients - there will be another level of protection and professionalism from the Licensed Landscape Contractor hired to do your landscape work.
   For specific statue language, all exemptions and other information about the new law, license and Licensing Board, please visit
Come by the HBAF office to support BuildPAC and purchase your raffle tickets!


Wells Alderman
Brian Canady
John Elliot
Natalie Fryer
Lynne Greene
Mitch Guy 
Ned Johnson
Kristopher Kenny
Pat McKee
Jason Poole
PJ Satterly
Kevin Shortridge
David Sykes
Sharlene Williams

Up Coming

June 16-17
NCHBA Legislative Conference
Raleigh, NC

June 16
8:30 am-3:15 pm
NCHBA committee meetings (Builders First Center)

3:15 pm-5:00 pm 
NCHBA Board of Directors Meeting (Builders First Center)

6:00 pm-8:00 pm 
Legislative Reception with hors d'ouerves and cocktails; free event (NC History Museum)

June 17
9:00 am-12:00 pm
Meet with your Legislators in their offices

June 23
Casino Committee
9:00 am
HBAF office

June 24
New HUD Form Training
12:00 pm-1:00 pm
HBAF office
Register to attend

June 25
New Member Welcome
11:00 am 
Highland Country Club
Register to attend

Member Mixer
11:30 pm Lunch & Mixer
12:00 pm State of the City, Mayor Robertson
Register to attend

NCHBA Stars Awards Call for Entries
Entries are now being accepted for the prestigious STARS Awards program, which recognizes the outstanding professional performance of HBA members throughout the region! Don't miss out as we salute builders, associates, realtors, media and advertising professionals, and many others who shine above the rest.
The STARS Awards Gala will be held September 16 in Charlotte as part of the annual 21st Century Building Expo & Conference. This awards program is hosted by the North Carolina Home Builders Association. All NAHB members are eligible to enter.
The early bird entry deadline is June 19, 2015 ($100/entry). The final entry deadline is July 8, 2015 ($150/entry). 
Membership Recruitment Raffle

Start Recruiting Today!

Raffle Prizes

$600  *  $300  *  $100

Construction Statistics

Local Stats: April 2015 

Local Stats Residential Trend: April 2015

Absorption Report: April 2015

Commercial Building Permit Index: March 2015

The Market Edge Residential Building Permit Trend: March 2015


Single-Family Starts Weak, Especially in the West 

Builder Confidence Drops Four Points Amid Concerns Over Housing Affordability 

U.S. Household Balance Sheet Continues to Recover in Q3 2018 

Custom Home Building Annual Share 
HBA of Fayetteville
910-826-0649 fax

Natalie Fryer, Executive Officer
Pamela Grierson, Communications Manager

NAHB Member Discounts
Dues Payments & Lobbying Expense 2015 Disclosure
Dues payments to the Home Builders Association of Fayetteville are not deductible as charitable contributions for federal income tax purposes. However, dues payments may be deductible as an ordinary and necessary business expense, subject to exclusion for lobbying activity. Because a portion of your dues is used for lobbying by NAHB, NCHBA and HBAF, 10% of the total dues, or $ 48.22 is not deductible for income tax purposes for builder and associate members. For affiliate members, 2% of the total dues, or $2.35 is not deductible for income tax purposes. Membership Dues are non-refundable.
Copyright © 2015 HBA of Fayetteville, All rights reserved.

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