Charleston · Tax

Should you close your Ravenel cash purchase before the tax takes effect?

A tax that specifically targets cash purchases is not something any verified source confirms exists in Ravenel or elsewhere in South Carolina, so timing a closing around one is planning around a rumor, not a fact. Every South Carolina sale, cash or financed, pays the same deed recording fee based on the purchase price at closing. A buyer who has seen a specific proposal should verify it directly with Charleston County or Ravenel town government before making a decision based on it. Brian Beatty can help confirm what actually applies before a Ravenel closing is scheduled.

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