Early last week Saida called Tricia Eldridge, Mortgage Account Executive at First Federal of Charleston, and received some very surprising news. There is money out there for loans!!
Saida was inquiring about the possibility of a mortgage loan for a client who has a house to sell with a mortgage on it. She anticipated that her client would be unable to qualify, but in fact, Tricia was very encouraging. She quoted us amazingly low rates on a variety of mortgage scenarios. Saida’s client was thrilled and so are we.
Says Tricia:
First Federal of Charleston is a $3.6 billion asset institution headquartered in North Charleston. We are committed to the communities in the tri-county area and believe that we are well positioned for the future. We offer many types of mortgages, conventional which includes the fixed rates as well as many types of Adjustible Rate Mortgages. We also offer FHA/VA.
The most exciting part of being with First Federal of Charleston is our jumbo products. Our products are very competitive in terms of interest rates and terms. While this part of the credit market has been frozen for the past two years for many lenders, we feel that we can meet the needs of our jumbo clients and welcome the opportunity. If you are someone who wants to buy and renovate a property for your personal use, then we offer very attractive construction-permanent one time close products.
Do not buy into the hype that there is not a mortgage out there because we have money to lend.”
If you would like to contact Tricia Eldridge, whom we highly recommend, she can be reached at 843-937-6142. Tricia’s website, which provides further information on available mortgage loans is www.teldridge.com.
April 19th, 2010
Posted in: Real Estate & Economic News
Caroline and friends at Charleston Fashion Week 2010
Charleston has seen many positive changes since Saida and Caroline were young girls. Many of our Saturday afternoons were spent walking up King Street to M. Dumas, Evelyn Rubin, Elza’s and Jack Krawcheck’s. Sadly many of these are no longer around but what has come in their places are stores with national and international presence. Charleston has become not only a destination for lovers of history and architecture but a fashion destination as well. As if we need more reasons to love Springtime in Charleston, 3 years ago Ayoka Lucas, Style Editor for Charleston Magazine had the vision to create Charleston Fashion Week and it has since become a huge success! The event, which is held for a week in mid March, features spring fashions from local boutiques, emerging designers, and model competitions. Our friend Edmund F. “Ned” Brown IV attended this year’s festivities and wrote a great piece about change in Charleston and Charleston Fashion Week in today’s New York Social Diary.
http://www.nysocialdiary.com/node/1901454
April 13th, 2010
Posted in: About Charleston, Charleston Events
Caroline recently attended a forum focusing on the cruise ship industry and its environmental and economic impact on our historic district. The event was sponsored by the Coastal Conservation League, the Preservation Society of Charleston, Clean Support and the Committee to Save the City. Each of the 4 internationally renowned panelists spoke about air and water pollution, environmental regulations, economic impact of cruise ships and environmental monitoring of water and air quality. The cruise ship industry is the least regulated industry. As it stands now you are more regulated on the streets of your hometown than the cruise ships entering Charleston Harbor. The regulations that are in place have no monitoring or reporting requirements. 60-70% of cruise ships violate the existing discharge laws resulting in contamination of shellfish beds, risk of disease from folks swimming in creeks and oceans etc.. The risk to the health of our population from fine partical pollution that is given off from the diesel exhaust is staggering. Charleston received a “F” rating from American Lung Association 3 years in a row because of diesel emissions. The economic impact from ships calling on Charleston is exagerated. Most passengers spend less than $35 in port and spends on average more money on the ship than they do on their cruise ticket. The cruise ship industry employs no one on a local level for any task or uses any local goods on board. In a state with almost 12% unemployment, why can’t they be required to hire locally and use local products as much as possible? Our state and local governments need to take a serious look at changing the laws governing the cruise ship industry. We need to contact our local and state officials and push for Charleston Harbor and 4-5 miles out at sea to be an “EPA No Discharge Zone.” All of this evidence begs the question, do we want to have national publications saying that Charleston is “getting ugly” because of the cruise industry? This is what they are saying about Key West. For more information about the forum, please click the link below.
http://www.postandcourier.com/news/2010/apr/01/regulations-sought-for-cruise-industry/
April 7th, 2010
Posted in: Charleston SC Preservation, Real Estate & Economic News
Older Entries
