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Mount Pleasant SC real estate, Charleston SC real estate,Daniel Island SC real estate,Isle of Palms SC real estate,Charleston SC Short Sale, Interval Ownership Listings and more!
Charleston, SC Interval Ownership @ The BeachUnderstanding Interval Ownership & Current Interval Listings
The American vacation tradition is alive and well thanks to Interval Ownership (Partnership Intervals). We all remember our childhood vacations at the beach. With the rapid increase in coastal property values, many families feel priced out of the market. Interval Ownership offers these families a practical means of assuring future generations of children and grandchildren the opportunity to create the memories and traditions we remember so well.Each Interval Share purchaser owns an interest in a fully furnished beach home and is entitled to occupy the unit each year for the time interval purchased which is four weeks. One week is assigned in each of Charleston,S.C. four wonderful seasons. The interval periods rotate one week each year. Through an annual regime fee owners share the maintenance cost to ensure the quality of the property stays the same. This fee covers the property management, upkeep of units, refurbishing, utilities and maintenance. This is a small annual expense when you consider that on your vacation you will enjoy the luxuries of home such as a VCR, nice furnishings, and spacious accommodations as well as the beautiful Charleston,S.C. beaches. Some of the great advantages of interval ownership are: You are afforded the ability to purchase your Charleston,S.C. vacation home for just the time you use it each year. You become the exclusive owner of the intervals you choose. You own your unit outright and receive an Indentured Deed, which is recorded in the county where the property exists. In some intervals partnerships or limited liability corporations are created to form the interval ownership. You may rent, sell, exchange, bequeath, or give away your weeks just like any other real estate. You become a member of your home's private Home Owner's Association (HOA) where you and the 12 other owners, as an HOA, have total control over your property. Units are refurbished; furnishings and equipment are replaced as required or at the discretion of the HOA. A one-time purchase guarantees Charleston, S.C. vacations forever at today's prices, with no repair or maintenance problems or seasonal openings and closings. Your Charleston, S.C. vacation begins the moment you arrive. Many families now own second homes at their favorite Charleston,S.C. resort. However, some decide that full ownership of a second home is not practical due to availability of disposable income, problems associated with caring for a second home from long-distance or simply from the short periods that families actually use the second home. For these families "Interval Ownership" offers the ideal alternative. Interval Ownership is a simple, practical concept, which offers the opportunity to own a fully furnished home in Charleston, S.C. at a fraction of the cost of purchasing an entire second home.
Financing may be available thru traditional leanders and mortgage brokers in the local market to help you obtain your Interval Ownership Share. 1031 Tax Defered Exchanges, Self-Directed IRA Accounts & Home Equity Lines are other financing options. Your IRA can employ the use of debt to finance the purchase of real estate, but there are some rules to follow - we suggest that consult with your tax advisor for guidance. However, you have three friends that are looking for simular opportunities. You and your three friends can combine your IRA funds to make the transaction happen. In 1974,the Employment Retirement Income Security Act gave all self-directed retirement plans this option! The Roth IRA in 1997 and especially the Roth 401(K) (which has no salary caps for deferrals) in 2006 made tax-free investments phenomenally popular. Visit www.securitytrustcompany.com for additional information on self-directed retirement plans.
Interval Ownership Home located on Isle of Palms,S.C.
This is a good example of a single family interval home located near Charleston, S.C. on Isle of Palms,S.C. Own 1/13 fee simple ownership (interval VI) in this beautiful oceanfront 6 BR, 6.5 BA, fully funished home. Just one block from the center of Isle of Palms,S.C. This Isle of Palms,S.C. home offers private beach access, elevator, dual master suites, hot tub, gourmet kitchen. Elegant, yet affordable ownership. Located on the Isle of Palms just minutes from Mount Pleasant, Sullivans Island and Downtown Charleston,S.C.
Interval Ownership Condo on Isle of Palms,S.C.
This Condo is another example of Interval Ownership in Charleston,S.C. This Charleston,S.C./ Wild Dunes oceanfront partnership interest is 25% or 12 weeks/year. This partnership does not allow rentals although family & friends may use your weeks. This Charleston,S.C. / Wild Dunes townhome is lovely with tile floors, berber carpet, and tasteful furnishings. Don't miss the outside shower under the screened porch. total charges are currently $625/month which goes toward: bcv regime fees, wdca hoa fees, taxes, insurance, utilities, maid service, etc. beach club is low density (ii consists of 36 units on approx 3.2 lushly landscaped oceanfront acres). Walk out your back door to the Atlantic Ocean or the oceanfront pool. Feels more like a house than a condo, but with less maintenance. unlike time-shares, this is a great investment with excellent documented appreciation. Vacation in a million dollar plus Charleston,S.C. oceanfront townhome for a quarter the cost. Partners just voted to change the 2006 calendar to a "two week on, six week off" rotation with two extra weeks for bookkeeping partner and two weeks for maintenance. Weeks run Friday - some partners trade weeks. the 2005-2006 weeks currently assigned to this share are 12/9-23, 3/3-17, 4/28-5/12, 6/23-7/7 (4th of July!), 8/18-9/1, 10/13-27, 12/22-1/5/07 (Christmas & New Years!). Weeks roll forward each year so holiday weeks vary from year to year. Club membership and/or sport cards are available.
Charleston, SC Interval Ownership Listings as of 6/12/2008
Here is a selection of current Interval Ownership / Partnership Interval Listings in the Charleston SC Market Area. I will be happy to provide you with detailed information on any of these great properties. The current IDX Property Search function will not allow you to access a full detailed search for Interval Ownership / Partnership Interval properties from this web site or other web sites linked to the Charleston Trident Association of Realtors. -Click Here to Email Me! - just ask and I will send you a full report!
To go to a brief report with additional pictures on Interval Listings located on Isle of Palms, Wild Dunes & Dewees IslandClick Here! To go to a brief report on Interval Listings with additional pictures located on Kiawah Island & Seabrook IslandClick Here! --Information deemed reliable but not guaranteed--Copyright: 2007 by the Charleston Trident MLS Association of REALTORS Interval Ownership Dewees Island Beachfront
Another great example of a Interval Ownership beachfront home located on Dewees Island, S.C. This is a great way to be a part of Dewees Island for a super price. Community amenities include tennis courts, pool at community center, beach access and nature rails. Docks available full time. Naturalist & educational programs available. Call now to tour the island & get updated on how special Dewees really is! The most beautiful and private beach on the eastern seaboard.This is for 2/13th share of Partnership with eight (8) weeks use per year in this wonderful oceanfront house on exclusive Dewees Island. Weeks rotate Friday to Friday. House features gourmet kitchen with 2 dishwashers, SubZero refrigeratgor, Viking stove and great ocean views. Direct ocean access on private, pristine beach that you share with the deer, dolphins and birds. All of Dewees Island is a nature preserve and not like anything else you have seen. It is truly the beach of your childhood dreams.
 
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