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January 12, 2025
Common Real Estate Disputes and How to Resolve Them in South Carolina
January 12, 2025Understanding the Real Estate Closing Process in South Carolina
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Real estate closings can be an exciting yet daunting experience for homebuyers in South Carolina. Understanding the process helps alleviate stress and ensures a smooth transaction. At Winslow Law, we guide clients through every step, ensuring compliance with South Carolina law and the SC Bar Association guidelines.
What Happens During a Real Estate Closing?
- Title Examination: A thorough review of the property’s title ensures no unresolved claims or liens exist.
- Document Preparation: Essential documents include the deed, closing disclosure, and loan documents.
- Final Walkthrough: Buyers inspect the property to ensure agreed-upon conditions are met.
- Closing Day: All parties sign documents, funds are transferred, and ownership is legally conveyed.
FAQs: Real Estate Closings
Q: How long does the closing process take?
A: The process typically takes 30-60 days but may vary based on property conditions and loan approvals.
Q: What fees should I expect at closing?
A: Buyers may encounter attorney fees, title insurance, recording fees, and other costs disclosed in advance.
Q: Do I need a real estate attorney?
A: Yes, South Carolina requires an attorney to oversee real estate closings to ensure legal compliance.
Need assistance with real estate closings, disputes, or other legal concerns? Reach out to Winslow Law today for expert guidance. We’re here to protect your interests every step of the journey.