The island is named after Captain William Hilton, who in 1663, identified a headland near the entrance to Port Royal Sound, which he named Hilton's Head after himself. The island features 12 miles (19 km) of beachfront on the Atlantic Ocean and is a popular vacation destination.undreds of ex-slaves flocked to Hilton Head Island, where they could buy land, go to school, live in government housing, and serve in what was called the First Regiment of South Carolina Volunteers (although in the beginning, many were recruited at the point of a bayonet).
Sellers can pay up to 6% of your closing costs and prepaids for the purchase price amount, but you will still need 3.5% down payment invested into the deal. --.he down payment is your responsibility, you can always ask for closing costs to be paid by the seller when making an offer, it is negotiable, there is a lot of inventory available in Sacramento so you should be able to find some homeowners that will pay the closing costs.
The down payment is the money from your savings that you give to the home's seller. The rest of the payment to the seller comes from your mortgage. Down payments are expressed as percentages. Let's say you buy a house for $100,000: 1  A 3 percent down payment means that you pay the seller $3,000 and you borrow $97,000.2  With a 20 percent down payment, you would pay the seller $20,000 and you would borrow $80,000.he rest of the payment to the seller comes from your mortgage. Down payments are expressed as percentages. Let's say you buy a house for $100,000: 1  A 3 percent down payment means that you pay the seller $3,000 and you borrow $97,000.