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Jeff McIlhenny
Beacon Brokers Realty
Cell: 843-452-2953
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  • A more powerful mayor in Mt. P.?
    A more powerful mayor in Mt. P.? MOUNT PLEASANT -- The town should have a full-time mayor with power like mayors in Charleston and North Charleston, Mayor Billy Swails said. The mayor will ask Town Council to approve a referendum on the issue. "I don't want anybody to think it is a power grab for me. It is working myself...
  • Spoleto plans go smoothly
    With her opening remarks on the organizational state of affairs, producer Nunally Kersh typified the lighthearted mood of the Spoleto Festival USA board's annual February meeting on Saturday. "Things are going eerily smoothly," said Kersh, representing the program committee. "It is all co...
  • Krewe for a cause
    Krewe for a cause They had the masks, the beads, the booze, the king and queen -- now all they need is a parade. The Krewe of Charleston brought a little taste of Mardi Gras to the Holy City Saturday night with its Royal Bal Masque at the Gaillard Municipal Auditorium.
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Saving On Closing Costs | Print |

How can I save on Charleston SC closing costs?

Studies show that the closing costs, which can average 2 to 3 percent of a total home purchase price, are often more costly than many buyers expect. But there are some ways to save:

* Negotiate with the seller to pay all or part of the closing costs. The lender must agree to this as well as the seller.

* Get a no-point loan. The trade-off is a higher interest rate on the loan and many of these loans have prepayment penalties. But buyers who are short on cash and can qualify for a higher interest rate may find a no-point loan will significantly cut their closing costs.


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