Buying a home is one of the most significant investments that you will ever make. Like most good things, finding the perfect home comes with a lot of work. From your initial search online to your home tour and finally closing, there are many difficult decisions to make along the way. The bottom line is that the entire home buying process can be very stressful, especially when it comes to finding the right mortgage broker and loan for your new home. Since market conditions and mortgage programs change frequently, you have a lot riding on your broker's ability to provide quick and accurate financial advice. Whether you're a first-time homebuyer or own several residential properties, you need a mortgage broker in Daniel Island, SC, who can educate you on mortgage rates and provide trustworthy guidance to help you make an informed decision.
My name is Dan Crance - Daniel Island's most trusted mortgage loan officer with more than 30 years in the mortgage industry. I bring unparalleled insight and decades of experience into your home loan process. If you're looking for a new home loan, are interested in refinancing your current mortgage, or need information regarding FHA, VA, or other types of loans, Dan Crance is Your Mortgage Man.
Unlike some mortgage loan officers in Daniel Island, my primary goal is to help you make the right mortgage choice for you and your family. Mortgage lenders have a horrible reputation for turning over clients quickly to expedite cash flow and make the most money possible. While some mortgage brokers come off as pushy and impatient, I encourage my clients to take as much time as they need to ask questions and review their mortgage agreements. I'm here to help answer those questions and provide you with easy-to-understand advice so that you can rest easy knowing you made the right choice. I could say that I strive to provide service that exceeds your expectations, but I'd rather show you. In the end, I want you to leave feeling confident in the loan you've selected, as well as in your choice of broker.
Clients choose my mortgage company because I truly care about helping them navigate the often-confusing landscape of the mortgage process. I am fiercely dedicated to my clients and make every effort to provide them with trustworthy advice and an open line of communication.
In my business, I work for two different customers. On one hand, I have the buyer: the person entrusting me with the responsibility of guiding them through one of the most important decisions ever. Serving homebuyers is not a task that I take lightly. I work with them daily to help them through the process and provide timely updates and news on their mortgage status. On the other hand, I have the realtor: the person who works with my client to find their dream home. Since their commission is in my hands, working with realtors is also a very important task. I update these agents on the status of their customers weekly. Only when I take care of both parties can I say my job as a mortgage loan officer is complete.
As a mortgage broker with more than 30 years of experience, I pledge to give you the highest level of customer service while providing you with the most competitive loan products available. That way, you can buy the home of your dreams without second-guessing your decision.
At Classic Home Mortgage, our team works diligently to close on time without stress or hassle. Whether you're a seasoned homeowner or are buying your new home in Daniel Island, we understand how much stress is involved. Our goal is to help take that stress off of your plate by walking you through every step of the home loan process. Because every one of our clients is different, we examine each loan with fresh eyes and a personalized approach, to find you the options and programs you need.
With over 30 years as a mortgage professional in Daniel Island, Dan Crance will help you choose the home loan, interest rate, term options, and payment plans that fit your unique situation.
30-Year Loan - This loan is often considered the most secure option to choose. With a 30-year loan, you can lock in a low payment amount and rest easy knowing your rate won't change.
FHA Loan - If you're not able to make a large down payment, an FHA loan could be the right choice for you. With an FHA loan, many of our clients have successfully purchased a home with less than 4% down.
VA Loan - This loan is reserved for military veterans and active-duty men and women. Those who qualify may be able to purchase a home with no down payment and no Private Mortgage Insurance (PMI).
Because home mortgage rates in the U.S. have been so low over the last year, many current homeowners are opting to refinance their home loans. Simply put, refinancing is replacing your existing mortgage with a different mortgage under new terms. Homeowners who refinance their homes enjoy lower interest rates, lower monthly payments, and even turn their home's equity into cash. If you're interested in refinancing your home, it all begins with a call to your mortgage broker in Daniel Island, SC - Dan Crance.
Refinancing from a 30-year to a 15-year mortgage might seem counterproductive on the surface because your monthly payment usually goes up. However, interest rates on 15-year mortgages are lower. And when you shave off years of your previous mortgage, you will pay less interest over time. These savings can be very beneficial if you are not taking the mortgage interest deduction on your tax returns.
FHA loans are notorious for paying premiums for the life of the loan. Mortgage insurance premiums for FHA loans can cost borrowers as much as $1,050 a year for every $100k borrowed. The only way to get rid of mortgage insurance premiums is to refinance to a new loan that the Federal Housing Authority does not back.
Sometimes, borrowers with adjustable-rate mortgages refinance so they can switch to a fixed rate, which lets them lock in an interest rate. Doing so is beneficial for some homeowners who like to know exactly how much their monthly payment is each month. Conversely, some homeowners with fixed rates prefer to refinance to an adjustable-rate mortgage. Homeowners often go this route if they plan on selling in a few years and don't mind risking a higher rate if their plans fall through.
Finding the right loan can be a difficult proposition, even if you have been through the process before. This is especially true since mortgage rates and market conditions change frequently. If you're like most of my clients, you probably have questions about interest rates, refinancing options, and a litany of other topics. To help alleviate some of your stress, here are just a few common questions with answers so that you can better educate yourself as we work our way to securing your loan.
PAWLEYS ISLAND — More than two months after Hurricane Ian swept along the S.C. coast, the beach of the tiny Georgetown County tourist island has been cleared of the remains of Pawleys Island Pier, but plenty of storm-related work is still to be done.The town has already removed enough debris from the beach to fill about 70 garbage trucks but still needs to clean Pawleys Creek littered with damaged docks and replace a sizable amount of sand fencing washed away in the Category 1 storm.Town Administrator Daniel Newquist said...
PAWLEYS ISLAND — More than two months after Hurricane Ian swept along the S.C. coast, the beach of the tiny Georgetown County tourist island has been cleared of the remains of Pawleys Island Pier, but plenty of storm-related work is still to be done.
The town has already removed enough debris from the beach to fill about 70 garbage trucks but still needs to clean Pawleys Creek littered with damaged docks and replace a sizable amount of sand fencing washed away in the Category 1 storm.
Town Administrator Daniel Newquist said he doesn’t know yet how much Pawleys Island will request from the Federal Emergency Management Agency for the island’s recovery from Hurricane Ian. He said the town has spent $69,000 on sand dune repair and beach cleanup, for which it should be eligible for 75 percent reimbursement from the federal relief money.
Ian took nearly direct aim at Pawleys Island on Sept. 30, collapsing a privately owned pier and washing sand and water beneath the raised houses that make the island a popular spot for rental and vacation homes.
“I don’t want to speak too soon, but I think we’ll get it back sooner than we have in years past,” Newquist told the Pawleys Island Town Council on Dec. 12.
Removal of creek debris also is eligible for federal reimbursement, Newquist said, but will require some coordination with other government agencies. FEMA will only reimburse “the entity, the town, the agency” that is legally responsible for work in a particular location, Newquist said, and some creek debris fell on Georgetown County’s side of the island’s north causeway.
Discussions with the county on creek debris cleanup are preliminary, Newquist said.
Though homes and businesses in various unincorporated areas south of Murrells Inlet and north of Georgetown have Pawleys Island postal addresses, Pawleys Creek comprises most of the town’s western boundary. In some cases, the boundary crosses though the marsh that docks fell into on Sept. 30.
FEMA also indicated debris that fell into navigable channel of Pawleys Creek, which Newquist said is of main concern to the town, should be the responsibility of a state agency. Newquist said he is not sure if this would fall to the state Department of Health and Environmental Control or Department of Natural Resources.
In this case, Newquist said, FEMA would be willing to accept an agreement for the state to allow the town for the work, which would allow the town to be reimbursed directly.
“We wouldn’t have to wait until the state actually mobilizes and performs that work,” Newquist said.
Finding a contractor for creek cleanup is still another matter, however. Newquist told the council that correspondence with contractors resulted in only one response.
“Based on what they were telling me, it’d probably take them within three or four days to complete the work,” Newquist said, adding that he hopes to have the work completed within a month.
Newquist said he’s also hoping for clarity from FEMA as to the town’s eligibility for reimbursement of work on sand fencing on dune vegetation on the town’s beach that were damaged by the storm. He told Town Council in November that about 7 percent of beach debris hauled off the island derived from sand fencing.
“I think it makes a lot of sense to get our beach, as much as possible, back to kind of a pre-storm state,” Newquist said.
But the town also has to be mindful of working with other federal agencies in the area, such as the Army Corps of Engineers, which received a town request for emergency beach rehabilitation assistance. An October assessment by Columbia-based engineering consultant Coastal Science and Engineering found that dunes near the island’s south end “completely eroded” during Ian.
The assessment also suggested that beach renourishment undertaken on the island in 2020 limited damage to area homes from Ian.
When it comes to sand fencing, though, some property boundaries extend into the beach, Newquist said, and the town can’t be reimbursed for work on private property.
Ultimately, Newquist said, he plans to solicit interest from property owners and contractors for sand fencing work before going forward in later winter or spring.
“I think a lot of people would just go ahead and do it (themselves),” Town Councilman Guerry Green said Dec. 12 of sand fencing repair.
For individual assistance from FEMA, property owners can visit the agency’s Disaster Recovery Assistance center at Waccamaw Regional Recreation Center in Pawleys Island. The center is open 9 a.m.-6 p.m. Monday through Friday and 9 a.m.-noon Saturday.
A $20-million-plus lodging with a restaurant, event space and guest cottages is being proposed for Daniel Island.The city of Charleston’s Design Review Board recently signed off on plans for a 38-unit hotel at 1995 Daniel Island Drive near the planned 320-unit Nowell Creek Village Apartments.The site is across from the former Blackbaud headquarters building, which is now a multitenant office structure called Marshside. The board suggested a few aesthetic ...
A $20-million-plus lodging with a restaurant, event space and guest cottages is being proposed for Daniel Island.
The city of Charleston’s Design Review Board recently signed off on plans for a 38-unit hotel at 1995 Daniel Island Drive near the planned 320-unit Nowell Creek Village Apartments.
The site is across from the former Blackbaud headquarters building, which is now a multitenant office structure called Marshside. The board suggested a few aesthetic revisions, but otherwise unanimously voted for the hotel project.
A small office structure currently occupies the site and can be moved to make way for the new project once it clears other approvals from the city.
JT Industries LLC, an affiliate of developer King and Society Real Estate of Charleston, bought the 1.5-acre parcel near Beresford Creek in 2019 for $1.25 million, according to Berkeley County land records.
“We have a unique and interesting waterfront property on Daniel Island and have been working to find the best use and need for this location,” said King and Society founder and CEO Troy Barber.
He estimated construction will take about 14 months after permits and other approvals are received and hopes the project will be completed in 2024.
Barber said a firm price had not been set on the hotel, but he believes the project will be more than $20 million.
The main 11,200-square-foot building will house guest rooms, restaurant and event space in three floors over parking. The proposal includes four guest houses of 8,500 square feet each, two 866-square-foot cottages, two 592-square-foot cabanas and 50 parking spaces.
The site plan shows the venue as a likely wedding venue, with separate suites for the bride and groom, a ballroom and an outdoor ceremony site overlooking Beresford Creek. Barber said it could also be used for corporate functions.
King and Society will be the developer and handle construction as well, Barber said.
At the mid-year point, South Carolina is home to three of the top-selling 50 master-planned communities in the U.S., even as sales slow from last year.
RCLCO Real Estate Consulting ranked Cane Bay Plantation in Berkeley County at No. 5 with 525 sales during the first six months of 2022. That’s down 9 percent from last year’s midpoint.
Nexton, also in Berkeley, came in at No. 22 with 308 sales, down 5 percent from the first six months of last year.
Latitude Margaritaville in Hardeeville near Hilton Head Island ranked No. 39 with 234 sales, down 29 percent from last year from January through June.
The top-selling, master-planned community continues to be The Villages, between Ocala and Orlando, Fla. It had about 1,500 sales, down 25 percent from last year at the midpoint.
Almost all of the top 50 are in the southern tier of states. Texas posted the most with 20, Florida landed 15, Nevada had four, California and Arizona saw three each, and Utah and Washington state notched one each.
Total new home sales among the 50 top-selling master-planned communities declined by 18 percent in the first half of 2022 compared to the same time period last year, according to RCLCO.
“Supply chain issues and inadequate new home inventory have continued to pose problems for developers, as price increases and interest rate hikes have begun to impact traffic from potential buyers in recent months,” RCLCO said in its mid-year report.
Nationally, the average price among all new single-family homes is up 15 percent since mid-2021.
“The results of this updated mid-year report confirm that supply chain disruptions continue to have an impact on the ability of master-planned communities to meet new home demand, though climbing interest rates and price appreciation have begun to have an impact on that demand, at least in the near-term,” said RCLCO principal Karl Pischke.
“However, it is important not to overreact to the slowing of sales seen over the last year, as these are still short-term trends,” he said.
“The long-term future of the for-sale housing industry, as evidenced by favorable demographic tailwinds, is strong,” Pischke said. “And the future of master-planned communities, particularly in their ability to capture an outsized share of buyer demand during uncertain or difficult economic times, provides another reason for optimism.”
This week there are a large number of multifamily and large residential developments coming before the various City of Charleston boards and committees. Below are those items as well as the application results for specific items to Daniel Island and the Cainhoy area. More detailed agendas and results can be found at charleston-sc.gov/agendacenter.Dec. 8: Daniel Island Club Court. First review of request to extend TRC approval of construction of a new tennis court facility on Island Park Drive.Dec. 8: Ship Builder Street, Daniel...
This week there are a large number of multifamily and large residential developments coming before the various City of Charleston boards and committees. Below are those items as well as the application results for specific items to Daniel Island and the Cainhoy area. More detailed agendas and results can be found at charleston-sc.gov/agendacenter.
Dec. 8: Daniel Island Club Court. First review of request to extend TRC approval of construction of a new tennis court facility on Island Park Drive.
Dec. 8: Ship Builder Street, Daniel Island. Second review of a 31-lot single family residential development on 40 acres.
Dec. 8: Foundation Place at Point Hope, Cainhoy. Fourth review of a commercial development including five buildings totaling 38,000 square feet gross floor area at 826 Foundation St.
Dec. 8: Towne at Cooper River – Clements Ferry Medical. Pre-application of a proposed medical office building with parking at Enterprise Boulevard.
Dec. 15: Seven Farms Drive/Haswell Street, Daniel Island. First review of a preliminary plat for a 20-lot single family residential development. Road construction plans are under second review.
Dec. 15: Marshes at Daniel Island. First review of a preliminary plat for a 26 single-family lot subdivision at 144 Fairbanks Drive. Road construction plans are under first review.
Dec. 15: Daniel Island Drive, Daniel Island. Second review of a private townhome development with 50 units, pond, private roads, open space and associated infrastructure.
Dec. 15: Gildan. Pre-application of a site plan for an industrial building on 81 acres at 1980 Clements Ferry Road in Cainhoy.
Dec. 1: 941 Fish Camp Road. Second review of residential amenity site. This is located in Daniel Island Park. Pending final documentation to ADA, Engineering, MS4 and FMD. Once approved, submit plans to Zoning for stamping.
Dec. 1: The Waterfront Public Roads Phase 3 - Preliminary plat and road construction plans for a road extension and six single family lots at Helmsman/Waterman streets, Daniel Island. Revise and resubmit to TRC.
Berkeley Co. Bd. of Education meets twice each month. Executive Committee meets at 5:30 p.m.; meeting starts at 6:30 p.m.
Berkeley Co. Council meets fourth Mon. of each month, 6 p.m., Berkeley County Admin. Blg., 1003 Hwy 52, Moncks Corner.
City of Charleston Council typically meets the second and fourth Tues. of each month, 5 p.m., City Hall, 80 Broad Street, Charleston, SC and/or virtually via Conference Call #1-929-205-6099; Access Code: 912 096 416. Exceptions: Summer Schedule - 3rd Tues. of June, July, and August; December meetings on the 1st and 3rd Tues. Dates and locations subject to change.
City of Charleston Technical Review Committee meets every Thurs. at 9 a.m.via Zoom.
City of Charleston Board of Zoning Appeals – Site Design meets the 1st Wed. of each month at 5 p.m. via Zoom.
City of Charleston Board of Zoning Appeals – Zoning meets the 1st and 3rd Tues. of each month at 5:15 p.m., except for January and July when no meeting is held on the 1st Tues.
City of Charleston Design Review Board meets the 1st and 3rd Mon. of every month at 4:30 p.m.
City of Charleston Planning Commission meets the 3rd Wed. of every month at 5 p.m.
City of Charleston Board of Architectural Review – Large projects meets the 2nd and 4th Wed. of every month at 4:30 p.m.
City of Charleston Board of Architectural Review – Small projects meets the 2nd and 4th Thurs. of every month at 4:30 p.m.
All meetings are open for public comment except the City of Charleston Technical Review Committee meetings.
For more information, contacts for specific projects and on location and time of the meetings or to learn more, visit charleston-sc.gov/AgendaCenter/.
A new marina is in the works on Clouter Creek near Daniel Island in southern Berkeley County.Thomas Island Marina will consist of 110 slips along with parking near the southern terminus of Clements Ferry Road, according to site plans.The proposed development will include a 74-space parking area, restroom facility and picnic pavilion as well as a boardwalk across the marsh to the marina.The 1.5-acre parcel is a highland tract on the southern edge of a 16.5-acre parcel owned by a firm called Cloute...
A new marina is in the works on Clouter Creek near Daniel Island in southern Berkeley County.
Thomas Island Marina will consist of 110 slips along with parking near the southern terminus of Clements Ferry Road, according to site plans.
The proposed development will include a 74-space parking area, restroom facility and picnic pavilion as well as a boardwalk across the marsh to the marina.
The 1.5-acre parcel is a highland tract on the southern edge of a 16.5-acre parcel owned by a firm called Clouter Creek Reserve LLC of Charleston.
The city of Charleston must approve the proposal for the site, south of Interstate 526.
A Mount Pleasant real estate investment firm that recently bought a set of office buildings on Shem Creek for nearly $7 million is now the owner of three industrial properties in Summerville after paying $8.1 million.
WRS Inc. Real Estate Investments bought the three sites totaling nearly 56,000 square feet off Varnfield Drive on April 18. The seller was Summerville Industrial Partners LLC.
The deal gives WRS a 25,000-square-foot facility at 215-A&B Varnfield Drive, a 20,803-square-foot building at 114-A&B Trigard Lane and the 9,840-square-foot property at 220 Varnfield Drive.
Pat Marr, development principal with WRS, represented his firm in the purchases off North Main Street, west of Azalea Square Shopping Center.
It’s the company’s latest industrial real estate investment in the Summerville market. In January, WRS paid $13.3 million in two separate transaction to acquire seven industrial and flex-space buildings with a combined 91,000 square feet off U.S. Highway 78 south of Flowertown. One of the sellers was Summerville Industrial Partners.
Earlier this month, WRS paid $6.825 million for twin office buildings at 410 Mill St. beside Shem Creek in Mount Pleasant, four years after the property changed hands for $3.5 million, according to Charleston County land records.
A Charleston-based real estate investment firm recently sold three storage facilities across the Southeast for $48.5 million.
Adams Property Group announced April 21 it sold Monster Self Storage sites on Grand Oaks Boulevard in Charleston as well as sites in Savannah, Ga., and Winston-Salem, N.C., to New York-based Life Storage.
The seller said in a prepared statement the self-storage industry has been rapidly growing in recent years and it wanted to take advantage of “the heated market” for the best return to its investors.
All three properties will be rebranded as Life Storage.
Adams Property Group manages a portfolio of more than 1.9 million square feet of self-storage in 22 properties, including Monster and Your Storage Units, across South Carolina, North Carolina, Georgia and Florida.
The company also owns nearly 1 million square feet of retail and flex space in the Carolinas and Georgia. Those properties include grocery-anchored retail, non-anchored retail and flex industrial facilities in business parks.
DANIEL ISLAND — Something happened to me that’s only happened to me at one concert ever before in my life. I cried.For just a moment, but it happened.That is what Elton John did to me during his sold-out show at Credit One Stadium on the night of Sept. 13.It’s weird, because I just saw him in Columbia a few months ago for the first time, which was its own whirlwind emotional experience. But this one actually brought me to tears,...
DANIEL ISLAND — Something happened to me that’s only happened to me at one concert ever before in my life. I cried.
For just a moment, but it happened.
That is what Elton John did to me during his sold-out show at Credit One Stadium on the night of Sept. 13.
It’s weird, because I just saw him in Columbia a few months ago for the first time, which was its own whirlwind emotional experience. But this one actually brought me to tears, a phenomenon I also endured my first time seeing Paul McCartney in Nashville.
Perhaps it’s because I was in middle-of-the-floor seats just 13 rows away from Sir Elton himself, a much closer view than the bird’s eye second-tier chair I had at the Colonial Life Arena.
Or perhaps it was the palpable united energy of the boa-and-sparkle-laden crowd swaying in sync to “Bennie and the Jets.”
Or the projected sentimental videos and old family photographs on the screen that reminded me of my grandparents when they were alive.
Or the fact I went to this show with my mom, who was an integral piece of me growing up on the soundtracks of stars like Elton John, Stevie Nicks and ABBA.
Whatever it was, it was clearly warranted, because I wasn’t the only wet eye in the house.
Elton John, with only a few more months of shows left to play in the United States on his farewell tour, was waving goodbye to first-time fans and hundredth-time fans alike. This was his last show in South Carolina, a state he said he’s played 57 times during his career.
The first time he remembers playing in Charleston is in 1997 at the North Charleston Coliseum. And though the songs he performed then may have been similar — all the hits from “Your Song” to “Rocket Man” to “Candle in the Wind” to “Tiny Dancer” to “Someone Saved My Life Tonight” to “Philadelphia Freedom” to “Crocodile Rock” (need I go on?) — there was a decidedly different mood in the air.
Certainly there was the positive, upbeat energy of his recent hits, like No. 1 single “Cold Heart” with Dua Lipa, one of many ways he has stayed relevant over the decades. (He even gave a nod to his upcoming release with Britney Spears.)
But there was such a bittersweet twinkle in his eye behind his iconic rhinestone sunglasses. (He changed pairs, along with his wardrobe three times during the show.)
When he closed with “Goodbye Yellow Brick Road,” he added some sentimental thoughts that, though he’s likely said them more than 200 times on this amazingly long tour, still seemed genuine.
“I take you with me in my heart and soul,” he said in his heart-shaped sunglasses and bedazzled blazer. “Be kind to yourselves, and be kind to others.”
At 75 years old and with a whole lifetime of experiences behind him, those words must’ve hit differently. He clearly will miss sharing his gift with the world (his fingers on those piano keys moved in muscle memory like the echo of a dream), but he said it’s time to spend the rest of his days off the road with his own loved ones, his husband and children.
“Thank you Charleston, and goodbye,” Sir Elton said before he gave a final turn from his Yamaha grand and waltzed offstage, his name glistening in silver rhinestones on the back of his floor-length robe.