Real Estate News — Couple swap agencies; Ladson manager earns housing honor

Ponds dot Southern Palms manufactured housing community in Ladson. Its owner Jensen communities won a statewide award for another property in the Little River-North Myrtle Beach area.

Schwarbs switch to Prudential Carolina Sun

A husband and wife team with decades of real estate background has signed on with an agency in East Cooper.

Franne and Mark Schwarb recently joined Prudential Carolina Sun Real Estate, located on Ben Sawyer Boulevard in Mount Pleasant.

The couple brings more than 35 years of combined real estate experience to Prudential. Their expertise includes relocation, new construction, lot sales, short sales and providing real estate services to buyers and sellers.

Mark and Franne Schwarb each have South Carolina brokers licenses. In addition, Franne Schwarb has a North Carolina brokers license and Foreclosure Intervention Specialist (FIS) certification. Mark Schwarb is also certified as a Loss Mitigation Specialist (LMS). For more information, contact them by email at Homes@charlestonfinehomes.com and or visit www.charlestonfinehomes.com.

Southern Palms owner wins award, buys neighborhood

A Grand Strand-based age 55-plus village run by a venture with local roots took home the state manufactured housing Community of the Year trophy.

The Manufactured Housing Institute of South Carolina honored Country Lakes, a Jensen communities neighborhood.

Country Lakes, a gated subdivision, is located along S.C. Highway 90 in the Little River-North Myrtle Beach area.

Among the highlights are private, one-floor dwellings; landscaped surroundings; clubhouse and swimming pool; and the Jensen Activity Club, which offers organized activities.

The neighborhood is close to dozens of golf courses, fishing, boating, hunting and tennis. Cherry Grove Beach is 10 minutes away.

Country Lakes is a manufactured housing, land lease community. Jensen’s Inc., headquartered in Southington, Conn., developed and manages the village. Homes range from $89,000 to $139,900.

Jensen’s Inc. has 30 communities in eight states from New Hampshire to Georgia. Among its holdings is Southern Palms in Ladson. Founded in 1927, the company is on in its third generation of management and ownership.

For more information on Country Lakes, call Don Catania, community manager at 888-716-9750, email CLSales@jensencommunities.com or visit www.jensencommunities.com.

Separately, Jensen’s Inc. says it has purchased Southside Landing, an all-ages community in Cambridge, Md.

Southside Landing is located on Maryland’s Eastern Shore, which borders the Chesapeake Bay.

Gangi joins Better Homes and Gardens Real Estate

A veteran Realtor has affiliated with a countrywide agency that locally teams up with The Beach Co.

“My company’s name has changed, but my commitment to my customers remains,” Bill Gangi says. He is a sales associate with Better Homes and Gardens Real Estate/The Beach Company, located at 1973 Riviera Drive Suite 7 in Mount Pleasant.

“This partnership enables me to offer the most comprehensive services to my buyers and sellers utilizing state-of-the-art multimedia marketing strategies combined with my local knowledge and expertise,” he says.

Gangi also cites “the enhanced value of the iconic Better Homes and Gardens Real Estate brand.”

He can be reached via email at wjgangi@gmail.com, mobile phone at 843-442-9095, office at 843-971-1312 or by visiting www.bhgrealestate.com.

Walker receives training on FHA 203(K) loans

A local broker has gained credentials to help buyers use a special borrowing program to purchase and fix up unimproved homes.

Marshall Walker, who operates The MarshallWalker.com Group, has completed the Five-Star Institutes course on the Federal Housing Administration 203(K) loan.

The rehabilitation loans allow buyers to receive mortgages on their homes that include additional money for repairs and updates.

“This loan can be difficult to navigate through,” Walker says. “A buyer needs a knowledgeable Realtor and lender to get to the closing table.”

Adhering to program details, such as scheduling inspectors in the appropriate timeline, “can be daunting for many Realtors and lenders,” he says. “But the Five-Star Institute course helped me understand the process and be confident when recommending this loan.”

The 203(K) loan’s benefit is that a buyer closes on the sale with the home in an “as/is” condition and then renovates the house after the close of escrow, when money is set aside for the purchaser to pay certain recurring costs such as taxes and insurance.

The loan program also allows for buyers to finance the first few mortgage payments if they are not able to move in until repairs are complete.

Energy efficient upgrades are a common item to finance as repairs, Walker says. “Often the money saved on utility expenses can offset some of the extra cost of the upgrades,” he says.

Walker considers the 203(K) loan an option for first-time homebuyers who “want to get a good deal and put their own style into a property.”

For more information, contact The MarshallWalker.com Group at 843-225-7007.

Lennar launches marketing at Moncks Corner village

Before framing the first home, the builder of a new Berkeley County community has kicked off property sales.

National company Lennar says it has begun pre-construction sales at Fairmont South, allowing future homebuyers to take advantage of affordable pricing now. The community is located off Cypress Gardens Road between U.S. Highway 52 and Old Highway 52 in Moncks Corner.

Fairmont South marks the company’s fourth neighborhood in the Berkeley County seat.

Priced from the low $200,000s, the community offers a variety of models sporting three-to-six bedrooms, two-to-four-and-a-half bathrooms and two-car garages. The one- and two-story houses range from 2,100 to 3,500 square feet.

Fairmont South has a host of amenities, notably a swimming pool with cabana and playground and a number of community ponds.

Standard outdoor features of the properties are a premium landscaping package with fully sodded yard; and a full-sized patio or lanai.

Lennar’s “Everything’s Included” program showcases GE stainless steel appliances, including top-of-the-line refrigerator and Silestone countertops; and hardwood floors in the extended foyer, dining and living rooms.

It also provides buyers with the Schlage LINK Home Automation system, permitting homeowners to remotely control their locks, lights and thermostat from a smart phone, tablet or computer.

Fairmont South is located near large employers such as Google, DAK Americas and Tire International.

For more information, call 843-761-1280 or visit www.LennarCharleston.com.