Real estate comes with its own language — and if you’re buying or selling a home around Lake Marion, you’ll hear these terms constantly.Real estate terms are the words and phrases that describe the process, documents, and players in a property transaction.From “MLS” to “closing disclosure,” these terms can feel overwhelming. But understanding them is essential for protecting your money and...
Deed Stamps
In South Carolina, “transfer tax” and “deed stamps” refer to the same closing cost — a government fee paid when real estate ownership changes hands. Officially, the state calls it the Deed Recording Fee, but you’ll hear locals, attorneys, and agents use terms like “deed stamps,” “documentary stamps,” or “transfer fee” interchangeably. /*! elementor - v3.23.0 - 15-07-2024...