CHARLESTON REALTORS® ASSOCIATION AND EAST COOPER HABITAT FOR HUMANITY

CHARLESTON, SC—(April 23, 2009) Terri and Elizabeth Naguib will finally have a place to call home this Saturday afternoon, as their new home is dedicated at 1 p.m. on Saturday after months of work by REALTORS® and volunteers from East Cooper Habitat for Humanity.

The work on the home began during the South Carolina REALTORS® Annual Conference last September. More than 150 REALTORS® contributed over 1,000 hours of labor to this project.

The Charleston REALTORS® Housing Opportunities Fund (RHOF) exceeded their fundraising goal of $50,000—an achievement which ensured that not only were building costs covered, but a portion of the land as well.

“East Cooper Habitat for Humanity, Inc. (Habitat) has been the recipient of funds from the Realtors Housing Opportunity Fund (RHOF) since its founding. In the last year, however, the support by RHOF and by the Realtor community in South Carolina has been truly remarkable” said Bob Hervey, Executive Director for East Cooper Habitat for Humanity.

“Working alongside the REALTORS® was Terri Naguib, who has been hammering away, helping to build a safe and secure home for herself and her daughter, Elizabeth. She has completed her 350 hours of sweat equity as well as her required homeownership classes and is now ready to assume an affordable mortgage. East Cooper Habitat for Humanity is most pleased to have been able to partner with the REALTORS® to make the dream of homeownership possible for the Naguib family, giving Terri and Elizabeth a “hand up,” not a “hand out” said Hervey.

With approximately 4,200 members, CTAR’s mission is to promote the highest standards of professionalism, ethics, education and technology, and to ensure that its members are the primary source for real estate services in the South Carolina Lowcountry. Only those who are members of the Association of REALTORS® and its parent organizations are called REALTORS®. To learn more, visit www.CharlestonRealtors.com