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Charleston Home Warranties: Are They Worth It in 2023?

Blue Charleston Home Cutout surrounded by tools, nails, screws, etc on yellow background

Home warranties have become increasingly popular across the country. Many people with these warranties enjoy peace of mind that they will not be financially responsible for major repairs. If something big breaks, the home warranty, in theory, will pay for it. Home warranties can cover particular issues that certain regions face, giving homeowners moving from out-of-state peace of mind that they won't encounter a situation they may never have even considered. For prospective Charleston buyers and sellers, are Charleston home warranties worth it in 2023? As we'll see, there's no clear-cut answer - it often depends on the house and your specific financial situation.

What Are Charleston Home Warranties?...

Closing Costs and Realtor Fees Here’s How Much You’ll Pay in Charleston, SC

Happy Couple Shaking Hands with Charleston Real Estate Agent After Closing on Their Charleston, SC home

Buying a home in Charleston is an exhilarating and rewarding experience. This part of South Carolina is gorgeous, with exciting food, top-notch properties, and numerous fun things to do. If you're looking at properties online, you should know that the price you see is not the final price you'll pay. In slower markets, you can negotiate a discount; in hot markets, you may need to pay above the asking price. However, regardless of the market, the buyer and the seller must pay some fees and closing costs.

The good news is that these fees are not significant. The bad news is that most of these fees are unavoidable (or unadvisable to try to...

South Carolina Property Tax: Understand Your Tax Bill Before You Buy

Charleston Area Property Tax Folder in Filing Cabinet

Many prospective buyers want to know their property tax liability when buying a home. After all, most mortgages estimate both property tax and home insurance and add that to the monthly payment (the money goes into an escrow account the bank uses to pay the property tax bill). If you buy a home with a significant property tax rate, your monthly payment will be higher. You may have heard that South Carolina property tax rates are among the absolute lowest in the United States. They are, indeed, low.

However, it's still important to understand what type of bill you...

How Inflation is Affecting the Housing Market in Charleston, SC

Inflation spelled in incrementally increasing size of block letters

It’s safe to say no one in the United States is immune to rising inflation rates when living in 2022. Everyone feels the price hikes at the grocery store, buying movie tickets, and beyond. If you are a homeowner in the glorious city of Charleston, South Carolina, you may wonder how inflation affects your local housing...

Why Should I Buy a Home in Charleston, SC? Here Are 5 Amazing Reasons

Charleston, SC Homes and City Skyline at Sunset

It's undeniable that Charleston is one of the best places to live in the United States. With sandy beaches, warm weather, and some of the best cuisine you'll find anywhere in this country, Charleston has a long, rich history of being a desirable destination. With COVID enabling the flexibility to work remotely for many professionals, Charleston has seen a resurgence in popularity, with many looking to trade the cold climate and high cost of living for the sunshine that Charleston provides. However, don't take our word for it - you should know that when you ask yourself, "why should I buy a home in Charleston," the data backs up the obvious answer: yes, you should.

Here are five great data-backed reasons why taking the plunge and buying...

When Is the Best Time to Buy a Home? Right Now!

Realtor and Client Searching for Charleston Homes on a Lap Top

With the Federal Reserve increasing interest rates substantially in recent months, many people have started to feel like buying a home isn't the best idea. You might think that the market will go down to compensate, or the thought of paying a 5%-6% rate when just last year it was 2%-3% feels financially unsound. You might contemplate waiting until the market drops or rates drop before diving into homeownership. As such, you're simply wondering, "when is the best time to buy a home?"

The short answer is: right now. If you want to be a homeowner, starting the process today is the best way to make that happen! Timing the market rarely works because there's always an excuse to avoid buying. To illustrate this point, let's consider...

The Best Areas To Invest in Charleston, SC for Purchasing a Home

Charleston, SC Skyline at Dusk

Charleston, South Carolina, is not only an excellent place to put down roots and live but also to invest in real estate. There’s a healthy balance of all types of people in Charleston, from retirees and families to temporary residents. What’s the appeal of Charleston that pulls in over 150,000 residents like a magnet? Safety, good public schools, historic charm, and great entertainment are certainly at the top of the list. All of those promote a heavy flow of people wanting to move to the area, either temporarily or permanently. In fact, ...

A Run Down of the 5 Most Important People in the Home-Buying Process

Charleston, SC Skyline and sunset

Among all US states, CNBC listed South Carolina as the one with the most stable housing markets, making it a suitable place to check out if you’re looking for a new place to call home. It has a 21.4% appreciation rate, so house prices in South Carolina are expected to increase and remain popular among real estate buyers as an investment.

However, acquiring a home requires expert knowledge because of its many moving parts. Before committing to a purchase, here are the five people that should be involved in your home-buying...

Solving the Dilemma of Choosing Between a Forever Home and a Starter Home

keys opening door to new charleston home

The decision to choose between a forever home or starter home is not one to take lightly. While a starter home provides an affordable path to homeownership, it’ll require you to make another move in a few years. Conversely, a forever home will secure your housing needs for the foreseeable future but will involve a larger investment. If you’re in two minds regarding which option to go with, this article by Southern Bell Living will help you make an informed decision.

Why Buy a Starter Home?

For first-time homeowners with limited capital,...

How to Minimize Stress While Moving and Starting a Business

Ravenel bridge at sunset

The unemployment rate in Charleston is 4%, while the average in the United States is 6%. Moreover, the city's job market is expected to grow more rapidly than the national average. If you'd rather be in charge of your own destiny, entrepreneurship could be a smart move for you. But it's vital to know how to both make a move and start a business simultaneously without any unexpected hiccups along the way.

Start Your...