According to the Beaufort Gazette about 150 SC realtors, including Beaufort SC realtors, rallied at the Statehouse in Columbia SC to make a last gasp effort to save a bill that would limit point-of-sale assessments.Under current law when a home is sold it is taxed at the sale price, the realtors want to cap that at 15%. They say the current tax is hurting an already soft real eatate market.
Before the point-of-sale rule values only change every 5 years after a countywide reassessmant. The point-of-sale law has been in effect since 2006.
Richard Neill Beaufort SC area Real Estate, Beaufort SC.
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EXIT Realty of Beaufort agent specializing in retirement and second homes. Expert service for Port Royal, Burton, Lady's Island, Saint Helena Island, Dataw Island, Harbor Island, Fripp Island, and Beaufort SC. Put my local knowledge to work for you with the quickest and easiest home search possible. All the tools and information you will need for local real estate. Ask his customers...Cell 843-812-3487
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