News & Events

In South Carolina there is an annual property tax on real estate that is a major source of revenue for counties and the state; revenue from property taxes is used to fund public schools, emergency services, public libraries and other county and state services made available to the public. Property tax bills are calculated by multiplying the Fair Market Value by the assessment ratio, which is then multiplied by the millage rate. There are actually two different assessment ratios at which real estate can be taxed: a 4% primary residence rate and a 6% secondary residence or investment property rate.

(more…)

A former high school teacher, assistance football coach and Charleston School of Law grad, Chris Digby joined MGC’s Charleston office in 2018 with a eclectic background. In 2019, he took his practice to Summerville – opening the firm’s eighth location. Chris is the president of the Summerville High School Athletic Club, and a member of the Coach Louis Mulkey Scholarship Committee, Summerville High School Improvement Council and South Carolina Basketball Officials Association. Learn more about Chris:

(more…)

If you have closed on a new home or simply refinanced a mortgage recently, you most likely signed a loan document at closing that authorizes your lender (or the bank to whom your lender sells your mortgage) to verify your credit information after closing. (more…)

A University of South Carolina grad, David Ross joined MGC in 2007 and grew the Real Estate group into a state-wide, full-service practice over the course of 13 years. Did you know that David has been named in Columbia Business Monthly’s Legal Elite of the Midlands for Residential Real Estate seven times, receiving the top attorney vote each time? Learn more about David:

(more…)

What is title insurance? Why does my lender want it? Do I need it? How much does it cost? Are there different types?

(more…)

So, you’ve decided to buy a house. During the purchasing and closing process, you’ll hear a lot of terms that you may be unfamiliar with – here are five important ones to get you started:

(more…)

(more…)

(more…)