Monthly Archives: December 2010

Relocating to MorningStar and Heritage International Ministries?

Whether you’re moving across town or around the world to join the church body or team at Morningstar or Heritage International Ministries, as your preferred RelocationTM Specialist, I’m here to help.  There are many great real estate options available, whether you’ll have students at Comenius School of Creative Leadership, or be living on or off campus as a student of MorningStar University, a resident of Heritage Court, or a resident of the Refirement Center, Heritage Towers, the premiere, luxury high rise active adult community.

Whatever your need, short or long-term rental, or purchase at any price point, the Fort Mill, Lancaster, Tega Cay, and South Charlotte areas has much to offer.  

Local real estate values are great, and selection is high.  Call me and we’ll discuss your big picture.  I’ll begin sending properties that match your criteria to inform you of market values and arrange a discovery tour.

I recently toured the model at Heritage Court, a beautiful, upgraded private residence with well-appointed features and WOW! amenities.  From luxurious, sustainable products and green features such as granite countertops and floor-to-ceiling windows, the unit is top of the line.  Two floor plan choices are available: the Bethesda at 784 square feet, one bed and 1.5 bath, and the Bethany, 1170 square feet with 2 beds, 2 baths.  Both floor plans are available on the first and fourth floors.  Pre-construction pricing ends soon.

Reservations are now being taken for the Heritage Towers, the on-campus high rise adult community with luxury fit, finish and amenities that can’t be matched anywhere in the area.  The concept isn’t just a luxury home.  Whether it will be your primary home or your second home, the goal of Heritage Towers is to gather a like-spirited body of believers together to bond in fellowship to advance your calling and its fit with the goal of the Kingdom.  But the beautiful, upgraded, maintenance-free homes with more than 10 floor plan choices, located near shopping, dining, golfing, and the highway aren’t bad, either! 

Whether you’ll make either the Heritage Court or Towers your primary or second residence, you’ll be equally impressed and blessed with the value, both practical and spiritual, you’ll receive.

Please contact me and I’ll schedule a personal tour of the ministry campus and model home for you.  I look forward to meeting with you.  Ask me about special lodging rates when you schedule your tour and select to work with me as your expert buyer’s agent.

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Chrystal is a REALTOR® and principal of The Safari Group, a local, homegrown real estate firm, specializing in all phases of the residential and small business real estate market, including New Construction, Finance, Marketing, Objection Handling, Relocation, Technology, Foreclosures, Short Sales, and Luxury Homes and GREEN Features.  She is one of the fewer than 30 internationally recognized EcoBrokers® in the Charlotte Metro Market, offering guidelines to assist home buyers and sellers in evaluating true green features and their benefits to real property value, home ownership, tax savings and mortgage closing table capital contributions.  Chrystal is backed by certified and insured professionals to assess and protect your energy utilizing investments.  Contact her at 704.562.1030 TXT/PH or Chrystal@TheSafariGroup.com

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Investment Properties

Experienced and green investors evaluate potential investment properties very differently.  Both should follow a few similar guidelines.

When considering an income property, the first decision is to establish your targeted rental client.  The property you choose may limit the pool of prospective tenants, but not in the way you’d hoped.  If you’re targeting young professionals, location, features, amenities and potential rental rate will be very different than that for a future tenant who is just entering the market as a first-time renter still in school or just entering the workforce who needs to be located near public transportation.

Next is to determine, based on your targeted client, the location, features, amenities and rental rate for your likely renter.  A good rule of thumb is to purchase a property you wouldn’t mind living in yourself, and the closer to home the better.  Long-distance land lording is not advisable. 

Though some landlords feel it’s too close for comfort, a rental in your own neighborhood will allow you to keep an eye on your property, and to know first if anything begins to go wrong.  No matter where you purchase, always introduce yourself to the neighbors and give them your cell number and tell them to call you before they call the police, if the need arises.

Now that you’ve found the right property at what looks like the right price, it’s time to confirm that with a rental rate estimate based on the currently rented homes in the area before you make the purchase.  Your experienced REALTOR® can help with that.

If the rental rate estimate looks promising, consider the condition of the property.  Is it just dated or dilapidated?  Has it been updated in the last 5 years?  Or does it need a major overhaul?  Floor plan issues are best left to the pros.  For a positive return on your investment, kitchen updates shouldn’t cost more than 10% of the home’s value.  That’s true for any renovation. 

Determine your level of ability to make changes that would make your rental number one with interested consumers.  Choose materials and products that require less routine care and maintenance, and factor in the timeframe to complete and cost for each.  Add 20% to your budget for unexpected delays and overages.  Your REALTOR® can provide a list of licensed, preferred vendors to help with any repairs, maintenance, or renovations needed.

If the total cost of the project meets with your overall budget, it’s time to get the property under contract, begin advertising for a renter, and screen and hire your renovation team.

Next up, how to screen for good tenants.