South Carolinas home owners insurance/taxes??
How is South Carolina's taxes/homeowners insurance comparable to Florida? I'm expecting 1200 annual for taxes and under 2400 for insruance. IS this about right?
Answers:
You might want to be in motion into more detail about where within SC. There are coastal parts of the state, but there are also parts that are significantly inland. That will make closely of difference in the insurance rates and possibly for the local taxes (though the state taxes wouldn't be impacted by it.)
In addition to the other poster's great answer about different parts of the state indicating differing tax rates, the taxes and ins. might be escrowed so it become part of the monthly mortgage. Watch that once you reach 20% within equiuty that any PMI is removed from the payment. That will save ya a couple dollars.
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Answers:
You might want to be in motion into more detail about where within SC. There are coastal parts of the state, but there are also parts that are significantly inland. That will make closely of difference in the insurance rates and possibly for the local taxes (though the state taxes wouldn't be impacted by it.)
In addition to the other poster's great answer about different parts of the state indicating differing tax rates, the taxes and ins. might be escrowed so it become part of the monthly mortgage. Watch that once you reach 20% within equiuty that any PMI is removed from the payment. That will save ya a couple dollars.
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