Real Estate News

Carolina One Real Estate recently honored four nonprofit groups. Pictured from left are Kris Kordonowy, Carolina One; Kristen Smith, Carolina One; Katherine Freligh, Healing Farm Ministries; Paige Pollack, Carolina One; Cindy Schmidt, My Sister's House; D

Chamber honors Beach Co.

They are some of the top awards granted by the Charleston Trident Chamber of Commerce, named for the pre-Revolutionary year that the chamber was formed. For 2009, The Beach Company and its affiliate Gulf Stream Construction won the 1773 Chamber Award in the Construction/Real Estate category.

The Chamber of Commerce announced the awards this week at an annual luncheon. The 1773 awards program was established to showcase the dynamic businesses and growing industries that make up the Charleston regional economy. The winners also best reflect the core values of the chamber: leadership, relevance, integrity, diversity and innovation.

Carolina One highlights nonprofits

Four nonprofits received checks from Carolina One Real Estate as part of its efforts to support local charities. The money went to My Sister's House, Healing Farm Ministries, South Carolina Department of Social Services' Foster Care Services and The Good Neighbor Center.

Carolina One's Charitable Contributions Committee, chaired by Teresa Hughes and made up of Carolina One sales associates from each of the Realtor's 11 area offices, made the choices.

The committee was established in 2006 to distribute grants to nonprofit organizations in Berkeley, Charleston and Dorchester counties. The goal is to improve the quality of life in each of the counties. To date the committee has donated nearly $117,000.

Applications are accepted from nonprofits that serve people who live in Berkeley, Charleston or Dorchester counties; are recognized by the IRS as a non-profit; are not a political or lobbying organization; and do not discriminate on the basis of age, sex, race, color, sexual orientation, National/ethnic origin or disability.

The deadline for applications is Sept. 30. For more information, contact Hughes at (843) 202-2004 or visit

Builder rolls out 100 percent financing

National company Lennar is partnering with a mortgage business to offer 100 percent financing to qualified homebuyers in two of its neighborhoods.

"There are many people looking to purchase a new home who may not have the funds available at closing," says Ann Ivey, director of sales for Lennar's Coastal Carolina Division.

Lennar says it is teaming with Universal American Mortgage Company on the program, which is through the U.S. Department of Agriculture.

"One hundred percent USDA financing solves this problem and is a huge benefit because it allows buyers the opportunity to keep money in their pocket when they close on their home," Ivey says.

According to Ivey, there are specific credit, eligibility and income restrictions that prospective homebuyers must meet in order to take advantage of the program.

The participating communities are Wentworth Hall in Summerville and Foxbank Plantation in Moncks Corner.

To learn more, go to Lennar's Welcome Home Centers at Foxbank Plantation and Wentworth, visit or contact Ivey at (843) 266-4473 or

East Cooper home tabbed by environmental program

A local builder's sustainable house in Mount Pleasant got the equivalent of a gold star from a noted eco-friendly rating organization. The LEED (Leadership in Energy and Environmental Design) for Homes Program has recognized Ilderton Contractors for design and construction. The home is located at 764 Gate Post Drive in Old Village Landing. Carolina One Real Estate is listing the home for sale. It is the first in the area to be awarded a Gold Certification.

LEED for Homes is a rating system that promotes the design and construction of high-performance green homes. Benefits include lower energy and water bills, reduced greenhouse gas emissions, and less exposure to mold, mildew and other indoor toxins.

The 2,400-square-foot, cement plank home is expected to have a 36 percent energy savings over a comparably sized conventionally built home.

Green features available on the two story house include appliances, heating and air conditioning and windows. There is also a solar water heating system with electric backup.

The U.S. Green Building Council, which heads up the LEED program, selects materials' providers that have a proven record of supporting builders in the construction of high-performance, sustainable homes.

"Making your home a greener place is a commitment to yourself, your family, your community and the world," says Cary Walker, the Carolina One listing agent. For more information, visit the council's newly launched green homes website

Real estate seminar planned

A seminar on selling your home and pitfalls to avoid will be held June 6 at Sheraton Charleston Airport, 4770 Goer Drive off Interstate 26 in North Charleston.

The sponsor is the Real Estate Information Center. Registration is 9-9:30 a.m. and the event is 9:30 a.m.-1:30 p.m. Seating is limited.

The price is $10 for individuals and $15 per couple. Pay at the door. For more information, visit

Dunes Properties starts real estate walking tours

An advantage of Charleston's historic layout is there are many downtown properties for sale within walking distance of one another.

As a result, Dunes Properties has decided to group some of the houses together for a series of walking tours.

The innovative agency has a Real Estate studio downtown.

"We've learned that people want to live downtown but have a lot of questions about the neighborhoods and don't have a clear idea of what they can get for a certain price," says Traci Magnus, concierge.

"We have also learned that many people don't feel exactly comfortable getting in the car immediately for a whole day of driving and parking and one-on-one conversation with a real estate agent. We think the small group environment takes the pressure off and allows everyone to casually tour the homes and communities."

Adds Kristin Walker, an agent at Dunes Properties, "You'll get a feel for the restaurants, shops, and spots of historical interest in each neighborhood."

Tours will begin at 10 a.m. and should be over within the hour to avoid the hottest part of the day. The tours started on Friday and will continue at the same time on Saturdays and Tuesdays for the next few weeks. Tours will originate at the Real Estate Studio, the downtown office of Dunes Properties, at 214 King Street. For more information, contact The Real Estate Studio at (843) 722-5618 or e-mail

Reach Jim Parker at 937-5542 or