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Mortgage Broker in West Ashley, SC

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Classic Home Mortgage Providing Trustworthy Mortgage Guidance for Over 30 Years

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 West Ashley, SC, who can educate you on mortgage rates and provide trustworthy guidance to help you make an informed decision.

My name is Dan Crance - West Ashley'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 West Ashley, 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.

Service Areas
Mortgage Broker West Ashley, SC
 Refinance West Ashley, SC

Why Choose Dan Crance As Your Mortgage Lender in West Ashley, SC?

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.

 Conventional Mortgage West Ashley, SC

Home Financing in West Ashley, SC

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 West Ashley, 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 West Ashley, Dan Crance will help you choose the home loan, interest rate, term options, and payment plans that fit your unique situation.

 FHA Mortgages West Ashley, SC

When you work with Classic Home Mortgage, you can always count on our team to:

  • Put your needs first.
  • Work efficiently and quickly. Many of our home loans close in 30 days or less.
  • Offer you a variety of home loans to choose from, and help you make an informed decision.
  • Provide you with competitive rates that make sense for your budget and lifestyle.

While no two loan terms are the same, a few of the most common loan types include:

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).

Choosing a home loan is an important step in the home buying process. At Classic Home Mortgage, we are here to make choosing a loan as easy as possible, so you can focus on the joys of being a homeowner. Contact our team of experts today and ask how you can get pre-qualified for your home loan in West Ashley, SC.

Refinancing in
West Ashley, SC

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 West Ashley, SC - Dan Crance.

Here are just a few reasons why more homeowners in the U.S. are taking advantage of lower rates and refinancing their homes:
 Home Ready Mortgages West Ashley, SC
Shorter Term Loan

Shorter Term Loan

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.

Do Away with FHA

Do Away with FHA

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.

Switch to Fixed Rate or Adjustable-Rate Home Loan

Switch to Fixed Rate or Adjustable-Rate Home Loan

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.

 Mortgage Banker West Ashley, SC

Common Questions About Home Loans

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.

Generally speaking, you should consider refinancing when mortgage rates are 2% lower than the current rate on your home loan. For some homeowners, refinancing makes sense when there is only a 1% difference. Reducing your mortgage rate is a great way to save money or apply your savings to a home upgrade. The money you save on your refinanced loan depends on your loan amount, budget, income, and charges from interest rates. It's crucial that you work with a trusted mortgage loan officer in West Ashley, SC, to help calculate your refinancing options.
This is one of our most frequently asked questions at Classic Home Mortgage. In simple terms, points let you make a tradeoff between the upfront costs of your loan and your monthly payment amount. Points are essentially costs that you have to pay to your mortgage lender to get financing under specific terms. A point is defined as a percentage on your loan amount. 1-point is equal to 1% of the loan. So, 1 point on a loan worth $100,000 is equivalent to $1,000. When you pay some of the interest on your home loan upfront, you use discount points to lower your interest rate.
If you plan to live in the property for a few years, it makes a lot of sense to pay points to lower your interest rate. Doing so will help lower your monthly loan payment, which you can use to save money. Paying points may also increase the amount of money that you can borrow. If you do not plan on living in the property for at least a few years, this strategy might not make financial sense because you might not be able to make up the amount of the discount points you paid up-front.
In short, yes, your mortgage lender will need to know your credit score. Credit scoring is a system that creditors use to decide whether they will give you credit. Your credit score helps creditors decide how creditworthy you are or how likely you will repay your loan. In most circumstances, creditors will use your FICO scores during the loan process. Your score will fall between high risk (350) and low risk (850). Your credit score plays a big role in the loan process, and as such, your score must be accurate before submitting a credit report when applying for a loan.
The answer to this question depends on how money you choose to put as a down payment on your home. On a conventional loan, if your down payment is less than 20% of the price of your home, your mortgage broker in West Ashley may require you to get Private Mortgage Insurance or PMI for short. This insurance protects your lender in the event you default on your mortgage. The best way to avoid paying for this insurance is to make a down payment of 20% or more of the purchase price of your home.
 Mortgage Company West Ashley, SC

Trust Dan Crance

Your Mortgage Lender in West Ashley, SC

Whether you're selling, buying, refinancing, or building the home of your dreams, you have a lot riding on your home loan specialist. When you need a mortgage broker who works tirelessly for you, answers your questions, provides guidance, and does so with a genuine smile, Dan Crance is your mortgage man. Contact Dan today at 843-478-5612 to get pre-approved and discover why West Ashley loves Classic Home Mortgage.

After hours by appointment only. CONTACT DAN

Latest News in West Ashley, SC

Family blames poor health, loss of thousands on mold at West Ashley apartment

CHARLESTON, S.C. (WCSC) - After months of her son being chronically sick, which even led him to temporarily stop walking and talking, one West Ashley woman wants to warn people about the effects of living with mold.Mold test results allege this is exactly what former tenant Lauren LaMantia experienced while living at The Heyward Apartments.“There’s nothing more frustrating than knowing something is wrong with your kid and there’s no one that will help you,” LaMantia said.LaMantia and her son Leo m...

CHARLESTON, S.C. (WCSC) - After months of her son being chronically sick, which even led him to temporarily stop walking and talking, one West Ashley woman wants to warn people about the effects of living with mold.

Mold test results allege this is exactly what former tenant Lauren LaMantia experienced while living at The Heyward Apartments.

“There’s nothing more frustrating than knowing something is wrong with your kid and there’s no one that will help you,” LaMantia said.

LaMantia and her son Leo moved into The Heyward apartments in West Ashley in 2020. What began as off-and-on colds, led to a sickness that wouldn’t go away for Leo LaMantia last spring.

Lauren LaMantia says he had constant mucus, an oozing eye and he even eventually stopped walking and talking. He was diagnosed with three different viruses and pneumonia in his right lung.

A specialist recommended getting an environmental test in their apartment, which is when she hired The Mold Girl, LLC and GSL Engineering.

She explained what The Mold Girl, LLC recommended.

“[An employee] said, ‘Based on how I feel after being here and testing, I wouldn’t keep my family here for another day,’” LaMantia said. “So, that night we packed up and we left.”

She took the topical tests to The Heyward management, who then hired a vendor to remediate the area and clean invasively, which she claims only exacerbated the problem.

“It was worse, obviously, than what was just topical,” LaMantia said. “And those spores got thrown out into the air, into the air ducts and contaminated all of our belongings.”

When the two initial companies came out to test again, the results were worse than before.

GSL Engineering’s air quality test says anything higher than a five requires an investigation. The apartment’s levels were 7.7.

In The Mold Girl, LLC’s test, there were a variety of molds found, with some of these also showing in the 95th percentile in Leo’s urine sample.

“When I told the complex that, they considered this matter closed and that they had denied any allegations with my initial concern with sending a vendor out there to fix it,” LaMantia said.

She says The Heyward offered to terminate the lease, under one condition. She was asked to sign a waiver of liability, a confidentiality agreement and a non-disclosure form. When she refused, she had to pay nine more months of rent in an apartment she couldn’t live in.

“Between moving, medical, rent, legal counsel - just consultations - it’s between $40,000-$50,000 out of pocket,” LaMantia said.

The Heyward’s attorney, Thomas Howard, sent this statement in response to the allegations:

Due to privacy concerns, it is our policy not to comment on specific questions regarding any resident. We are aware of the resident’s complaint to which our community representatives promptly investigated and responded. We contest the resident’s portrayal of the facts and our corresponding actions. At Heyward, the safety and well-being of our community residents are paramount, and we treat all concerns with utmost seriousness. Heyward has been nationally recognized in the country for resident experience placing in the Elite 1% ORA Power Rankings (34th nationally) by J Turner Research. The ORA® Power Ranking is based on the relative strength of over 140,000 communities assessed by J Turner Research, a prominent consulting firm that monitors resident satisfaction. This accomplishment reflects the hard work and positive impact of our onsite management team which remains dedicated to providing the best possible environment for all of our residents.

Since moving out, LaMantia says she still experiences memory loss and is on more antibiotics now than she has been in the last ten years. She wants to warn other renters about the dangers mold could present.

“I just hope that people get out of that place,” LaMantia said. “...It’s just a breeding ground for mold... And they have no idea that they’re going to breathe in these terrible things and that could permanently damage them.”

She recommends if anyone is feeling symptoms no matter where they live, to get your place tested.

Copyright 2024 WCSC. All rights reserved.

Planting the seeds of an edible food forest in West Ashley, SC's 1st free-of-charge grove

A new kind of forest is soon taking root in West Ashley, and it's one you could eat right up — literally.Pluck an apple, cut some herbs or pick some berries at South Carolina's first food forest, a new free-of-charge grove being built in the Ardmore community.With an expected seven stories of canopies and an estimated $25,000 annually in produce by its fifth year, Charleston Parks Conservancy directo...

A new kind of forest is soon taking root in West Ashley, and it's one you could eat right up — literally.

Pluck an apple, cut some herbs or pick some berries at South Carolina's first food forest, a new free-of-charge grove being built in the Ardmore community.

With an expected seven stories of canopies and an estimated $25,000 annually in produce by its fifth year, Charleston Parks Conservancy director Darlene Heater acknowledged it's a remarkable undertaking for the local nonprofit.

"It's creating access in food deserts but creating it in a way that is low-maintenance and little barrier for people to be able to participate in it," Heater said.

The food forest on Mulberry Street near Grech Street, and off the West Ashley Bikeway, is being funded by a $50,000 grant from the South Carolina Forestry Commission.

While the conservancy is handling the horticulture, the City of Charleston's parks department is working to excavate the land, add pathways and install a new playground at the park. It is one of several conservancy projects this year, in addition to working with the city to manage 24 parks on the peninsula, on James Island and in West Ashley.

Parks Department director Jason Kronsberg compared the collaboration between the city, the conservancy and the community to a three-legged stool. The conservancy liaises with the neighborhoods, like Ardmore for the food forest, and then fundraises with them before going to the city to bring a project to life.

The food forest is intended to help the Ardmore neighborhood, recently identified in the Charleston parks master plan as a community of high need, along with the surrounding community.

Besides providing free access to produce, the forest can help people better understand where their food comes from, Kronsberg said. It's also an opportunity for folks to lend a hand with some maintenance.

"The parks are owned by everybody," Kronsberg said.

The project will not be without its challenges, though. As the weather in Charleston gets more severe, Heater said that the conservancy will need to tend to the forest carefully and make sure plants or produce don't wash away.

Teaching the community how to use — and not overuse — the one-of-a-kind forest will take time, too.

The conservancy plans to lean on its volunteer base to maintain the forest, such as harvesting, packing and sending excess produce to local nonprofits. There will be no constraints on harvesting to start, as to not adversely impact food accessibility, Heater said. Part of it will be trial and error, and much of the plan is flexible based on the demand the conservancy sees for certain produce.

"What we may learn is that this community really loves sweet potatoes but doesn't care as much about turnips," Heater said. "So let's look at how we can expand growing our sweet potato patch so that we can continue to serve the people adequately who most need it."

This spring will mark the first planting of the fruit trees, brambles and herbs. Heater said that best practices dictate not harvesting during the first year, so by the second year the conservancy expects to have herbs, mushrooms, brambles and possibly bananas to harvest.

By the fifth year, with an estimated 70 trees bearing fruit, Heater said she expects 10,000 pounds of produce.

The food forest comes two years after the adoption of a new Charleston parks master plan and months after the overwhelming approval of a bond referendum question last November.

"Citizens spoke loudly and clearly that they supported the referendum and improved park spaces," Kronsberg said. "Coming out of COVID, when parks became critical infrastructure, it was natural that there was that much support for a referendum."

As the Ardmore food forest begins to yield, relieving supply-chain issues might just become an additional perk. And in a world reshaped after the pandemic, the food forest is one project that shows how to branch out from the traditional park.

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Charleston businesses cleaning up after winds, flooding cause damage

CHARLESTON, S.C. (WCSC) - From West Ashley to Sullivan’s Island, businesses spent the day recuperating after heavy rains and strong winds caused them to temporarily lock their doors.Many of the exterior windows at Hay Tire Pros, off Savannah Highway, shattered, and a large part of their ceiling collapsed on the inside.Vice President Bill Sekula said that they have always expected severe storms to come through with being in Charleston, but that they have never had this much damage before.“I guess it was like a...

CHARLESTON, S.C. (WCSC) - From West Ashley to Sullivan’s Island, businesses spent the day recuperating after heavy rains and strong winds caused them to temporarily lock their doors.

Many of the exterior windows at Hay Tire Pros, off Savannah Highway, shattered, and a large part of their ceiling collapsed on the inside.

Vice President Bill Sekula said that they have always expected severe storms to come through with being in Charleston, but that they have never had this much damage before.

“I guess it was like a microburst or something to that effect, but apparently it was raining harder than usual and then the windows started to buckle and snapped over. These windows on the side just kind of came apart and came out of the building,” Sekula said.

Sekula said glass from the windows was even in the back part of their building which is almost 30 yards away. They had to close the business for the day and return all of their customers’ vehicles. He said the incident happened during hours of operation as employees notified him at around 8 a.m.

The next-door business, Etto Leisure Cars, a golf cart dealer, also saw significant damage. Will Harton, chief executive officer, said that part of their awning was ripped off and hit their power box causing them to lose power.

“I said ‘Oh my goodness.’ You know, you live in Charleston long enough, you know a storm is going to happen. Usually, it’s a hurricane. It’s not a microburst like this, but we will be fine and we will move on from here,” Harton said.

He added that he’s glad that all of his employees are safe and that the building and golf carts can be fixed.

First Alert Chief Meteorologist Bill Walsh said the damage could have been from a potential microburst or straight-line wind, but the National Weather Service has not yet confirmed that.

The Co-Op Frosé and Eatery on Sullivan’s Island had around two feet of water inside their restaurant. Their staff members spent the day using buckets to help get rid of the water. They said they have had flooding in the past, but never anything over a foot, so this is the worst they’ve seen.

“This morning, we lifted everything off the floor because we were expecting rain and heavy floods, but we didn’t know it was going to get this bad. So, as we were lifting things off the floor, it started coming in through the back door. Next thing you know there is water all over the place and we started getting buckets and mops and throwing water out. We’ve been throwing water out for the past three and a half hours,” employee Havannah Malan said.

She said that they have had to get their floors redone three times, and she expects the business will have to get them redone a fourth time after Saturday’s flood.

The businesses said they hope to repair the damages quickly, so they can return to normal operation as soon as possible.

Copyright 2024 WCSC. All rights reserved.

Homeowners share thoughts on future development at Charleston Co. public forum

CHARLESTON, S.C. (WCSC) - More than 50 members of the Charleston County community spent their Monday evening at a forum designed to keep the public educated on future development.Charleston County officials say the root of the project comes from creating open communication around transportation infrastructure.“Our worlds now are so electronic and online, and we encourage people to look at those resources. As I said earlier, you get so much more detail from looking at the boards and having staff members you can talk to one...

CHARLESTON, S.C. (WCSC) - More than 50 members of the Charleston County community spent their Monday evening at a forum designed to keep the public educated on future development.

Charleston County officials say the root of the project comes from creating open communication around transportation infrastructure.

“Our worlds now are so electronic and online, and we encourage people to look at those resources. As I said earlier, you get so much more detail from looking at the boards and having staff members you can talk to one-on-one and answer your questions,” District 7 Councilmember Brantley Moody says.

This event was held inside the doors of West Ashley High School. More than a dozen boards were set up detailing maps and bullet points for projects impacting Johns Island, West Ashley, James Island, Mount Pleasant and North Charleston.

This includes greenspace and park preservation, road services, pedestrian and bicyclist mobility and extension projects.

“I’m always interested in where my tax money is going, and I’m very interested in what the county is doing with various projects,” Charleston homeowner Mary Sullivan says.

Sullivan, who has lived in the area for 26 years, was interested in a plan to extend I-526. The project would affect parts of Johns Island, James Island and West Ashley.

“It’s a set of roadways that are antiquated, and they’ve been antiquated for 25 years. I don’t think we should be spending billions of dollars on an outdated road system,” Sullivan says. “Several projects I’ve been interested to in terms of alternatives for 526 have been the pitchfork project on John’s Island and the flyover at Main and Highway 17.”

Sullivan is not the only one who feels this way.

“We’re a thriving area, we need to continue to invest in infrastructure, mass transit, making sure we have great greenways. Unfortunately, my concern is based on these numbers, 34% of the budget is prioritized for 526,” West Ashley homeowner Rick Voight says. “We have a wonderful community that’s beautiful. If we build another bridge, what have we really accomplished?”

Moody responded to the claims, saying the construction project would be crucial to the Lowcountry and beyond.

“It’s maybe the most critical in the state. We have 40-50,000 cars a day in West Ashley that should not be, and will not be, once 526 is completed. Then also coming from John’s Island, it’s a livability and a safety issue,” Moody says.

The project itself currently sits at a more than $2 billion price tag.

In another part of the Lowcountry, one group is fighting for their mission to protect a part of their livelihood.

Leadership for the Coastal Carolina Fairgrounds, located on Ladson Road, says they are using these meetings to spread the word for their cause.

“We’re here tonight to help spread public awareness. A lot of people don’t know what’s been going on and the process we’ve been going to,” Save the Fairgrounds Advocate Carl Schultz says.

One board detailed the suggestion of a rapid transit system from CARTA, which would tentatively be built on a portion of the land owned by fairgrounds leadership.

“BCDCOG has been attempting to acquire some of our property. They want six acres of prime real estate, which significantly impacts our ability to park at the fair. The idea we’re opposed to mass transit is truly false. We believe mass transit is important. We just don’t want it at our fairgrounds,” Schultz says.

This is the second time the county has hosted the informal meetings. The first event, in Johns Island, saw 100 in turnout.

Moody says the direct interaction between community members and county officials is why these events are valuable.

“We’re excited to keep doing this roadshow around the county,” Moody says.

The drop-in style meetings will be held each Monday for the next few weeks:

For those who are unable to make the in-person meetings, Charleston County is currently accepting public feedback through a new website, here.

Copyright 2024 WCSC. All rights reserved.

Volunteers clean up West Ashley homeless encampment, offer resources to those in need

CHARLESTON COUNTY, S.C. (WCBD) – More than a dozen volunteers gathered in West Ashley early Saturday morning to clean up a homeless encampment and help those in need.The cleanup took place in a wooded area behind the Food Lion grocery store off Savannah Highway and Ashley Town Center Drive.Charleston resident Olivia Grafton organized the event with help from Charleston County Sheriff Kristen Graziano after seeing numerous posts on social media. “People were complaining about it, but nobody was taking action. So, I t...

CHARLESTON COUNTY, S.C. (WCBD) – More than a dozen volunteers gathered in West Ashley early Saturday morning to clean up a homeless encampment and help those in need.

The cleanup took place in a wooded area behind the Food Lion grocery store off Savannah Highway and Ashley Town Center Drive.

Charleston resident Olivia Grafton organized the event with help from Charleston County Sheriff Kristen Graziano after seeing numerous posts on social media. “People were complaining about it, but nobody was taking action. So, I took it upon myself to gather a group of people and come out here to start this event,” Grafton said.

Roughly 15 volunteers, including Sheriff Graziano, worked to clean up the encampments that were either destroyed or abandoned. They hope that offering a hand will remind others about the ongoing issues of homelessness in the area.

Grafton’s younger nephew, William, also participated in the community cleanup. “I just think it would help a lot,” he said, noting that he wanted to see if they could help some people in need.

In addition to cleaning up the area, volunteers met with those in need to hear their stories, offer food, and find resources to pave a new path forward.

“We want to see what their deal is … if we know their story, and if they have issues with mental health or substance or alcohol use, we have to know because the last thing we want to do is direct them to services and them not be successful. So, part of what we do is try to figure out what their story is and then find resources we can direct them to,” said Sheriff Graziano.

Sheriff Graziano said there is a community wellness problem and that it’s time to give people the resources they need to get well. “We’ve displaced folks long enough, it’s time to get in the trenches and help them out,” she said.

She added, “There’s no better feeling than to lift somebody up when they need it the most, and I think part of my goal as a person, as a human, in this community is to make things better for folks. If we can do that, one step at a time, one person at a time, I think that’s a win and it also helps clean up our community.”

The volunteers collected several bags of trash and removed old furniture and mattresses during the event.

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