Press Releases

Reverie on the Ashley Offering Special Deal For Homeowners Seeking to Sell

Charleston condo community offering financing with no payments until buyers’ primary home sells.

Charleston, South Carolina – October 26, 2009

Reverie on the Ashley, a community of luxury condominiums in Charleston, South Carolina, is offering special incentives aimed at helping potential homebuyers waiting for their existing residences to sell.  Created to help potential buyers take advantage of the current low interest rates and government incentives while minimizing the risks of selling in today’s tough economic conditions, the Reverie’s plan offers up to two years of mortgage payments to qualified buyers. 

For those seeking a condo in Charleston, but worried about selling their primary residence, this offer provides buyers a solution.  Available through November 30, 2009, Reverie on the Ashley is offering special financing incentives on select units.  Qualified buyers must obtain a traditional home loan, pay a minimum of 10% down and list their current residence for sale on their local multiple listing service after closing on a Reverie unit.  Buyers can then enjoy their new Charleston condo payment free – including condominium fees and loan payments – for up to 24 months or until their home sells, whichever happens first. However, financing must be provided through a traditional lender.  This is not an offer of owner financing by the developer.

Reverie on the Ashley is set along 32 acres of wooded riverfront, featuring luxurious waterfront condos with private rooftop terraces and tiled patios offering spectacular views. The two- and three-bedroom condos feature gourmet kitchens with crushed quartz countertops, vaulted ceilings and beautiful Australian Cypress hardwood floors. Residents have exclusive access to a private marina on the Ashley River, riverside pool and gazebo, scenic boardwalk and nature trails that wind through 22 acres of preserved forest and marsh.

“It’s definitely a buyer’s market right now, but unfortunately most homebuyers are also home sellers,” said Chuck Dennis, Director of Sales at Reverie on the Ashley. “We’re hoping to help our buyers take advantage of the great interest rates, incentives and other benefits of the current economy while reducing the risks of selling their home in this market.”

This offer is available to qualified buyers on select units through November 30, 2009, visit www.reverieontheashley.com or call 843.377.0194.

About Reverie on the Ashley
Surrounded by hundreds of live oaks, marshland and a preserved natural habitat, Reverie on the Ashley is a community of 88 luxury waterfront condominium homes situated on the Ashley River in North Charleston. It is conveniently located 15 minutes from downtown Charleston – and even less by boat. The North Charleston Performing Arts Center, the Charleston International Airport, and a brand new shopping district are just moments away. Reverie is one-quarter mile off of I-526 at exit 14, Leeds Avenue.

Media Contact:
Kelly Seger, Director of Marketing
Gramling Brothers Real Estate & Development
502 King Street, Third Floor Suite
Charleston, SC 29403
Office: 843.723.6262
Cell: 843.743.5544