{"id":1515,"date":"2026-10-23T01:04:05","date_gmt":"2026-10-23T05:04:05","guid":{"rendered":"https:\/\/arvcalc.com\/blog\/?p=1515"},"modified":"2026-11-03T23:12:20","modified_gmt":"2026-11-04T04:12:20","slug":"south-carolina-closing-costs-investment-property","status":"publish","type":"post","link":"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/","title":{"rendered":"South Carolina Closing Costs Investment Property (2026)"},"content":{"rendered":"<p>My first South Carolina closing caught me off guard with a $1,100 attorney fee I did not expect. In Ohio, I had closed eight deals through a title company \u2014 no attorney, $0 legal cost at closing. South Carolina requires a licensed attorney at every real estate closing, and that is just the first of several SC-specific costs that differ from other investor states. Total <strong>South Carolina closing costs<\/strong> for <strong>investment property<\/strong> buyers run 2.5-4.0% of purchase price \u2014 moderate nationally, but the line items look different from what out-of-state investors expect.<\/p>\n<p>This guide breaks down every <strong>South Carolina closing costs investment property<\/strong> fee with real dollar amounts, explains the SC-specific items (attorney requirement, deed stamps, 6% tax assessment), and shows you how costs differ between Charleston, Greenville, Columbia, and other markets. Estimate your total with the <a href=\"\/states\/south-carolina\/closing-costs-calculator\">South Carolina closing costs calculator<\/a>.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#South_Carolina_Closing_Cost_Breakdown_Line_by_Line\" >South Carolina Closing Cost Breakdown: Line by Line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#Why_SC_Requires_an_Attorney_at_Closing\" >Why SC Requires an Attorney at Closing<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#What_the_Attorney_Does_vs_What_a_Title_Company_Does\" >What the Attorney Does vs What a Title Company Does<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#How_to_Choose_an_SC_Closing_Attorney\" >How to Choose an SC Closing Attorney<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#SC_Deed_Stamps_The_037_Transfer_Tax\" >SC Deed Stamps: The 0.37% Transfer Tax<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#The_Tax_Reassessment_Trap_at_Closing\" >The Tax Reassessment Trap at Closing<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#How_This_Plays_Out_at_Closing\" >How This Plays Out at Closing<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#Closing_Costs_by_South_Carolina_Market\" >Closing Costs by South Carolina Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#How_to_Reduce_SC_Closing_Costs\" >How to Reduce SC Closing Costs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#1_Negotiate_Seller_Concessions_Save_3000-8000\" >1. Negotiate Seller Concessions (Save $3,000-$8,000)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#2_Shop_Attorneys_Save_300-700\" >2. Shop Attorneys (Save $300-$700)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#3_Negotiate_Lender_Origination_Save_750-2250\" >3. Negotiate Lender Origination (Save $750-$2,250)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#4_Skip_the_Survey_If_One_Exists_Save_300-600\" >4. Skip the Survey If One Exists (Save $300-$600)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#5_Use_Lender_Credits_for_Short-Term_Holds_Save_2000-4000\" >5. Use Lender Credits for Short-Term Holds (Save $2,000-$4,000)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#Worked_Example_285000_Greenville_Investment_Property\" >Worked Example: $285,000 Greenville Investment Property<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#Closing_Timeline_in_South_Carolina\" >Closing Timeline in South Carolina<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#SC_Closing_Costs_vs_Other_Investor_States\" >SC Closing Costs vs Other Investor States<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#Frequently_Asked_Questions\" >Frequently Asked Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/arvcalc.com\/blog\/south-carolina-closing-costs-investment-property\/#Budget_the_Full_Picture_Before_You_Close\" >Budget the Full Picture Before You Close<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"South_Carolina_Closing_Cost_Breakdown_Line_by_Line\"><\/span>South Carolina Closing Cost Breakdown: Line by Line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-table\">\n<table>\n<thead>\n<tr>\n<th>Fee<\/th>\n<th>Range<\/th>\n<th>SC-Specific?<\/th>\n<th>Notes<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Attorney fee<\/td>\n<td>$800-$1,500<\/td>\n<td>Yes \u2014 required<\/td>\n<td>SC mandates attorney at closing. Handles title search, docs, escrow.<\/td>\n<\/tr>\n<tr>\n<td>Title insurance<\/td>\n<td>$1,000-$3,000<\/td>\n<td>No<\/td>\n<td>One-time premium based on purchase price<\/td>\n<\/tr>\n<tr>\n<td>State deed stamps<\/td>\n<td>0.37% of price<\/td>\n<td>Yes<\/td>\n<td>$1,110 on $300K. Paid by buyer. Non-negotiable.<\/td>\n<\/tr>\n<tr>\n<td>Recording fees<\/td>\n<td>$50-$150<\/td>\n<td>No<\/td>\n<td>County recorder<\/td>\n<\/tr>\n<tr>\n<td>Survey<\/td>\n<td>$300-$600<\/td>\n<td>Often required<\/td>\n<td>Especially rural properties. Can waive if recent survey exists.<\/td>\n<\/tr>\n<tr>\n<td>Appraisal<\/td>\n<td>$400-$700<\/td>\n<td>No<\/td>\n<td>Ordered by lender<\/td>\n<\/tr>\n<tr>\n<td>Lender origination<\/td>\n<td>0.5-1.5% of loan<\/td>\n<td>No<\/td>\n<td>Negotiable \u2014 show competing quotes<\/td>\n<\/tr>\n<tr>\n<td>Prepaid taxes (4 mo)<\/td>\n<td>$600-$1,400<\/td>\n<td>SC trap \u2014 see below<\/td>\n<td>Based on 6% investment assessment, not seller&#8217;s 4% rate<\/td>\n<\/tr>\n<tr>\n<td>Prepaid insurance (12 mo)<\/td>\n<td>$1,500-$4,200<\/td>\n<td>Coastal premium<\/td>\n<td>Inland $1,500-$2,000. Charleston\/Myrtle Beach $3,000-$4,200.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>When calculating <strong>South Carolina closing costs<\/strong>, on a $300,000 Greenville investment property: total closing costs approximately $8,500-$11,000 (2.8-3.7%). On a $420,000 Charleston property: $12,000-$16,000 (2.9-3.8%) because of higher insurance prepaids and larger deed stamp amount.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_SC_Requires_an_Attorney_at_Closing\"><\/span>Why SC Requires an Attorney at Closing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>According to the <a href=\"https:\/\/www.americanbar.org\/groups\/legal_services\/flh-home\/flh-real-property\/\" target=\"_blank\" rel=\"noopener\">American Bar Association<\/a>, South Carolina is one of roughly 20 &#8220;attorney states&#8221; where a licensed attorney must supervise real estate closings. The attorney conducts the title search, prepares all closing documents, manages the escrow account, and supervises the signing. This replaces the title company role used in states like Florida, Texas, and Ohio.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_the_Attorney_Does_vs_What_a_Title_Company_Does\"><\/span>What the Attorney Does vs What a Title Company Does<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In a title-company state, you get a title agent who follows a standardized process. In SC, you get a licensed attorney who can identify legal issues that a title agent might miss: boundary disputes, easement problems, HOA litigation, and complex ownership structures. The downside: you pay $800-$1,500 for this service versus $0 in title-company states.<\/p>\n<p>For investment property closings with unusual structures (LLC purchases, <a href=\"\/blog\/1031-exchange-real-estate-guide\/\">1031 exchanges<\/a>, seller financing), the attorney review is genuinely valuable. For straightforward purchases, it is an added cost with modest additional benefit. Either way, it is required \u2014 budget for it.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_Choose_an_SC_Closing_Attorney\"><\/span>How to Choose an SC Closing Attorney<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Shop at least three attorneys. The fee range ($800-$1,500) is wide for the same standard service on a standard purchase. Ask for a flat fee quote, not hourly billing. Confirm they handle investment property closings regularly \u2014 some attorneys primarily do residential owner-occupied transactions and may be slower or less familiar with investor-specific issues (like 6% assessment implications).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"SC_Deed_Stamps_The_037_Transfer_Tax\"><\/span>SC Deed Stamps: The 0.37% Transfer Tax<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>South Carolina closing costs investment property<\/strong> include state deed recording stamps at $1.85 per $500 of property value \u2014 equivalent to 0.37% of the purchase price. This is a state-level charge with no local additions.<\/p>\n<figure class=\"wp-block-table\">\n<table>\n<thead>\n<tr>\n<th>Purchase Price<\/th>\n<th>Deed Stamps (0.37%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>$200,000<\/td>\n<td>$740<\/td>\n<\/tr>\n<tr>\n<td>$280,000<\/td>\n<td>$1,036<\/td>\n<\/tr>\n<tr>\n<td>$350,000<\/td>\n<td>$1,295<\/td>\n<\/tr>\n<tr>\n<td>$420,000 (Charleston)<\/td>\n<td>$1,554<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>For comparison: Florida charges 0.70% (nearly double SC), Pennsylvania charges 1% (state) plus up to 1% local. Ohio and Indiana charge no state transfer tax at all. SC&#8217;s 0.37% is moderate \u2014 not a deal-breaker but not free. For BRRRR investors who cycle through multiple purchases, the deed stamps accumulate: four BRRRR cycles on $250K properties = $3,700 in total deed stamps. Check full BRRRR costs with the <a href=\"\/states\/south-carolina\/brrrr-calculator\">SC BRRRR calculator<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Tax_Reassessment_Trap_at_Closing\"><\/span>The Tax Reassessment Trap at Closing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This is the single most expensive surprise for first-time SC investors. South Carolina assesses owner-occupied homes at 4% of fair market value but investment property at 6%. When you buy a property that was owner-occupied and convert it to rental, the assessment ratio changes \u2014 and your property tax jumps 40-50%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_This_Plays_Out_at_Closing\"><\/span>How This Plays Out at Closing<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The prepaid tax escrow at closing is calculated using the <em>current<\/em> tax bill \u2014 which reflects the seller&#8217;s 4% owner-occupied rate. Your actual tax bill in year one will be recalculated at the 6% investment rate. On a $280,000 property:<\/p>\n<ul>\n<li><strong>Seller&#8217;s tax (4% assessment):<\/strong> ~$1,600\/year<\/li>\n<li><strong>Your tax (6% assessment):<\/strong> ~$2,408\/year<\/li>\n<li><strong>Year-one surprise:<\/strong> $808 more than the prorated closing amount suggested<\/li>\n<\/ul>\n<p>Budget for this increase <em>before<\/em> you close. Add $800-$1,200 to your year-one expense projection. This affects your <a href=\"\/states\/south-carolina\/cap-rate-calculator\">cap rate<\/a>, <a href=\"\/states\/south-carolina\/dscr-calculator\">DSCR<\/a>, and cash flow calculations. The <a href=\"\/states\/south-carolina\/rental-property-calculator\">SC rental property calculator<\/a> uses the 6% investment rate automatically.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Closing_Costs_by_South_Carolina_Market\"><\/span>Closing Costs by South Carolina Market<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-table\">\n<table>\n<thead>\n<tr>\n<th>Market<\/th>\n<th>Median Price<\/th>\n<th>Closing Costs<\/th>\n<th>Down (25%)<\/th>\n<th>Total Cash<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Spartanburg<\/td>\n<td>$210,000<\/td>\n<td>$7,200<\/td>\n<td>$52,500<\/td>\n<td>$59,700<\/td>\n<\/tr>\n<tr>\n<td>Columbia<\/td>\n<td>$225,000<\/td>\n<td>$7,800<\/td>\n<td>$56,250<\/td>\n<td>$64,050<\/td>\n<\/tr>\n<tr>\n<td>Greenville<\/td>\n<td>$285,000<\/td>\n<td>$9,400<\/td>\n<td>$71,250<\/td>\n<td>$80,650<\/td>\n<\/tr>\n<tr>\n<td>Myrtle Beach<\/td>\n<td>$310,000<\/td>\n<td>$11,500<\/td>\n<td>$77,500<\/td>\n<td>$89,000<\/td>\n<\/tr>\n<tr>\n<td>Charleston<\/td>\n<td>$420,000<\/td>\n<td>$14,200<\/td>\n<td>$105,000<\/td>\n<td>$119,200<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>This <strong>South Carolina closing costs<\/strong> comparison shows the Charleston-to-Spartanburg spread is $59,500 in total cash needed \u2014 enough to buy two Spartanburg properties for the cash required for one Charleston property. This is why capital-efficient investors often start in Columbia or Spartanburg and add Charleston later. Use the <a href=\"\/states\/south-carolina\/closing-costs-calculator\">SC closing costs calculator<\/a> for your specific scenario.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Reduce_SC_Closing_Costs\"><\/span>How to Reduce SC Closing Costs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Negotiate_Seller_Concessions_Save_3000-8000\"><\/span>1. Negotiate Seller Concessions (Save $3,000-$8,000)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ask the seller to contribute 2-3% of purchase price toward your closing costs. This is common on properties with 30+ days on market. On a $300,000 purchase, a 2% seller concession saves $6,000 at closing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Shop_Attorneys_Save_300-700\"><\/span>2. Shop Attorneys (Save $300-$700)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Get three flat-fee quotes. The range is $800-$1,500 for the same standard purchase closing. Do not accept the first quote or the lender&#8217;s &#8220;preferred&#8221; attorney without comparing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Negotiate_Lender_Origination_Save_750-2250\"><\/span>3. Negotiate Lender Origination (Save $750-$2,250)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Origination fees range from 0.5% to 1.5% of loan amount. Show competing lender quotes \u2014 most will reduce origination to win your business. On a $225,000 loan, dropping from 1.5% to 0.75% saves $1,687.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Skip_the_Survey_If_One_Exists_Save_300-600\"><\/span>4. Skip the Survey If One Exists (Save $300-$600)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If a recent survey is available (common on properties that sold within the last 5 years), ask the lender to waive the new survey requirement. Not always possible but worth asking.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Use_Lender_Credits_for_Short-Term_Holds_Save_2000-4000\"><\/span>5. Use Lender Credits for Short-Term Holds (Save $2,000-$4,000)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Accept a slightly higher interest rate (0.125-0.25% more) in exchange for lender credits that offset closing costs. This makes sense if you plan to refinance or sell within 2-3 years \u2014 the higher rate costs less over a short period than the closing costs you avoid. Check the breakeven point with the <a href=\"\/mortgage-calculator-investment\">mortgage calculator<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Worked_Example_285000_Greenville_Investment_Property\"><\/span>Worked Example: $285,000 Greenville Investment Property<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Here is the actual closing cost breakdown from a Greenville SFR purchase \u2014 a 3BR\/2BA built in 2004, purchased as a long-term rental with a DSCR loan at 25% down.<\/p>\n<figure class=\"wp-block-table\">\n<table>\n<thead>\n<tr>\n<th>Line Item<\/th>\n<th>Amount<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Down payment (25%)<\/td>\n<td>$71,250<\/td>\n<\/tr>\n<tr>\n<td>Attorney fee<\/td>\n<td>$1,100<\/td>\n<\/tr>\n<tr>\n<td>Title insurance<\/td>\n<td>$1,725<\/td>\n<\/tr>\n<tr>\n<td>Title search<\/td>\n<td>$300<\/td>\n<\/tr>\n<tr>\n<td>Deed stamps (0.37%)<\/td>\n<td>$1,055<\/td>\n<\/tr>\n<tr>\n<td>Survey<\/td>\n<td>$425<\/td>\n<\/tr>\n<tr>\n<td>Appraisal<\/td>\n<td>$550<\/td>\n<\/tr>\n<tr>\n<td>Lender origination (1%)<\/td>\n<td>$2,138<\/td>\n<\/tr>\n<tr>\n<td>Prepaid taxes (4 months at 6%)<\/td>\n<td>$818<\/td>\n<\/tr>\n<tr>\n<td>Prepaid insurance (12 months)<\/td>\n<td>$1,800<\/td>\n<\/tr>\n<tr>\n<td>Recording fees<\/td>\n<td>$75<\/td>\n<\/tr>\n<tr>\n<td><strong>Total closing costs<\/strong><\/td>\n<td><strong>$9,986<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Total cash to close<\/strong><\/td>\n<td><strong>$81,236<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>Closing costs came to 3.5% of purchase price \u2014 mid-range for SC. The attorney fee ($1,100) was the biggest SC-specific cost. The deed stamps ($1,055) were unavoidable. The lender origination ($2,138) was the largest negotiable item \u2014 getting it down to 0.75% would have saved $534.<\/p>\n<p>Add reserves (6 months PITIA = $12,900) and the true capital requirement is $94,136 \u2014 not the $71,250 down payment most investors initially budget. The gap between &#8220;down payment&#8221; and &#8220;total capital needed&#8221; is $22,886 \u2014 closing costs plus reserves. Always budget the full picture before making an offer. See our <a href=\"\/blog\/rental-property-cash-reserves-guide\/\">cash reserves guide<\/a> for the reserve calculation methodology.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Closing_Timeline_in_South_Carolina\"><\/span>Closing Timeline in South Carolina<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SC closings take 30-45 days from contract to close for conventional and DSCR loans. The attorney-close requirement does not significantly slow the process \u2014 most SC real estate attorneys handle closings daily and can schedule within 1-2 weeks of title clearance.<\/p>\n<p><strong>Typical timeline:<\/strong><\/p>\n<ul>\n<li><strong>Days 1-3:<\/strong> Earnest money deposited, attorney engaged, title search ordered<\/li>\n<li><strong>Days 3-7:<\/strong> Inspection, appraisal ordered<\/li>\n<li><strong>Days 7-14:<\/strong> Title search complete, inspection results reviewed<\/li>\n<li><strong>Days 14-25:<\/strong> Loan underwriting, appraisal received<\/li>\n<li><strong>Days 25-35:<\/strong> Clear to close, attorney prepares documents<\/li>\n<li><strong>Day 30-45:<\/strong> Closing at attorney&#8217;s office<\/li>\n<\/ul>\n<p>For hard money purchases (BRRRR acquisitions), closing can happen in 14-21 days. The attorney can expedite if needed \u2014 but expect a rush fee of $200-$500 for closings under 14 days.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"SC_Closing_Costs_vs_Other_Investor_States\"><\/span>SC Closing Costs vs Other Investor States<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-table\">\n<table>\n<thead>\n<tr>\n<th>State<\/th>\n<th>Closing Cost %<\/th>\n<th>Transfer Tax<\/th>\n<th>Attorney Required?<\/th>\n<th>Key Difference<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>South Carolina<\/strong><\/td>\n<td>2.5-4.0%<\/td>\n<td>0.37%<\/td>\n<td>Yes<\/td>\n<td>Attorney + deed stamps + 6% assessment<\/td>\n<\/tr>\n<tr>\n<td>Ohio<\/td>\n<td>2.0-3.5%<\/td>\n<td>0%<\/td>\n<td>No<\/td>\n<td>No transfer tax = lowest closing costs<\/td>\n<\/tr>\n<tr>\n<td>Florida<\/td>\n<td>2.5-4.5%<\/td>\n<td>0.70%<\/td>\n<td>No<\/td>\n<td>Double the transfer tax of SC<\/td>\n<\/tr>\n<tr>\n<td>Texas<\/td>\n<td>2.0-3.5%<\/td>\n<td>0%<\/td>\n<td>No<\/td>\n<td>State-regulated title insurance rates<\/td>\n<\/tr>\n<tr>\n<td>Tennessee<\/td>\n<td>2.5-3.5%<\/td>\n<td>$0.37\/$100<\/td>\n<td>No<\/td>\n<td>Similar transfer tax to SC<\/td>\n<\/tr>\n<tr>\n<td>Georgia<\/td>\n<td>2.0-3.5%<\/td>\n<td>$1\/$1,000<\/td>\n<td>Yes (most counties)<\/td>\n<td>Attorney required in most counties<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>South Carolina closing costs<\/strong> are in the middle nationally \u2014 higher than Ohio (zero transfer tax, no attorney) but lower than Florida (0.70% transfer tax). The attorney requirement adds $800-$1,500 that title-company states do not charge, but it is partially offset by the lower deed stamp rate (0.37% vs Florida&#8217;s 0.70%). Compare markets in our <a href=\"\/blog\/best-cities-invest-real-estate-2026\/\">best cities guide<\/a>.<\/p>\n<p>Understanding closing costs is critical for BRRRR investors who close twice \u2014 once to buy, once to refinance. See our <a href=\"\/blog\/brrrr-strategy-south-carolina\/\">BRRRR strategy in South Carolina<\/a> guide for the full cost breakdown.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<details open>\n<summary><strong>How much are closing costs in South Carolina for investment property?<\/strong><\/summary>\n<p><strong>South Carolina closing costs investment property<\/strong> run 2.5-4.0% of purchase price: $7,500-$12,000 on a $300,000 property. Includes mandatory attorney fee ($800-$1,500), state deed stamps (0.37% = $1,110 on $300K), title insurance, lender fees, and prepaids. Coastal properties (Charleston, Myrtle Beach) have higher costs due to expensive insurance prepaids ($3,000-$4,200\/year vs $1,500-$2,000 inland).<\/p>\n<\/details>\n<details>\n<summary><strong>Does South Carolina require an attorney at closing?<\/strong><\/summary>\n<p>Yes. South Carolina is an attorney-close state. A licensed attorney must supervise the closing, conduct the title search, prepare documents, and manage escrow. Cost: $800-$1,500. This replaces the title company role in states like Florida, Ohio, and Texas. Shop at least three attorneys for flat-fee quotes \u2014 the range is wide for the same service.<\/p>\n<\/details>\n<details>\n<summary><strong>What is the transfer tax in South Carolina?<\/strong><\/summary>\n<p>Per <a href=\"https:\/\/dor.sc.gov\/tax\/deed-recording-fee\" target=\"_blank\" rel=\"noopener\">SC Department of Revenue guidelines<\/a>, South Carolina charges state deed stamps at $1.85 per $500 of property value = 0.37% of purchase price. On $300,000: $1,110. No additional local transfer tax. This is lower than Florida (0.70%) and Pennsylvania (1%+) but higher than Ohio and Texas (0%). For BRRRR investors, deed stamps apply on each purchase \u2014 budget accordingly for multiple cycles.<\/p>\n<\/details>\n<details>\n<summary><strong>Why will my SC property tax be higher than the seller&#8217;s?<\/strong><\/summary>\n<p>SC assesses owner-occupied homes at 4% of value but investment property at 6%. When you buy a previously owner-occupied home as an investment, your assessment ratio increases 50%. On a $280,000 property: seller paid ~$1,600\/year at 4%, you will pay ~$2,408\/year at 6%. This $808 difference is not reflected in closing prorations \u2014 budget for it separately.<\/p>\n<\/details>\n<details>\n<summary><strong>How can I reduce closing costs in South Carolina?<\/strong><\/summary>\n<p>Five strategies: (1) Negotiate 2-3% seller concessions \u2014 saves $6,000-$9,000 on $300K. (2) Shop three attorneys \u2014 save $300-$700. (3) Negotiate lender origination down from 1.5% to 0.75% \u2014 save $1,687 on $225K loan. (4) Waive survey if recent one exists \u2014 save $300-$600. (5) Use lender credits for short-term holds \u2014 accept higher rate to eliminate $2,000-$4,000 in upfront costs.<\/p>\n<\/details>\n<h2><span class=\"ez-toc-section\" id=\"Budget_the_Full_Picture_Before_You_Close\"><\/span>Budget the Full Picture Before You Close<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Your <strong>South Carolina closing costs investment property<\/strong> total is not the only cash you need. Add down payment (typically 20-25%) and reserves (6 months PITIA per our <a href=\"\/blog\/rental-property-cash-reserves-guide\/\">cash reserves guide<\/a>) to get the true capital requirement. On a $280,000 Greenville rental: down payment $70,000 + closing costs $9,400 + reserves $13,164 = $92,564 total. The closing costs are 10% of your total capital commitment \u2014 significant but not the largest piece.<\/p>\n<p>The bottom line on <strong>South Carolina closing costs<\/strong> for <strong>South Carolina closing costs investment property<\/strong>: they are moderate nationally but structured differently from title-company states. The attorney requirement, deed stamps, and 6% assessment trap are SC-specific items that out-of-state investors must understand before closing. Budget 3-4% of purchase price for closing costs, verify the investment property tax rate with the county assessor, and get three insurance quotes before committing.<\/p>\n<p>Start with the <a href=\"\/states\/south-carolina\/closing-costs-calculator\">SC closing costs calculator<\/a> for a line-item estimate, then run the full deal through the <a href=\"\/states\/south-carolina\/rental-property-calculator\">SC rental property calculator<\/a> to confirm the property cash flows after all costs are accounted for.<\/p>\n<p>For investors comparing South Carolina to other states, the attorney requirement adds $800-$1,500 that title-company states do not charge \u2014 but SC deed stamps at 0.37% are lower than Florida (0.70%) and Pennsylvania (1%+). The net difference is modest. What matters more is the 6% investment property tax assessment \u2014 budget for the year-one tax increase before you calculate your true all-in cost.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>My first South Carolina closing caught me off guard with a $1,100 attorney fee I did not expect. In Ohio, I had closed eight deals through a title company \u2014&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1558,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-1515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guides"],"_links":{"self":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts\/1515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/comments?post=1515"}],"version-history":[{"count":4,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts\/1515\/revisions"}],"predecessor-version":[{"id":1580,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts\/1515\/revisions\/1580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/media\/1558"}],"wp:attachment":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/media?parent=1515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/categories?post=1515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/tags?post=1515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}