Nancy M. Zovnic, J.D. What Will I Experience During a South Carolina Real Estate Closing?

By Nancy M. Zovnic

Congratulations on your decision to purchase real estate in our beautiful area! While the process may be a bit different than in your home state, my colleagues and I can make this process easy to navigate. In South Carolina, you must hire an attorney for your real estate closing. A lot of other states have title or escrow companies – even realtors can do closings in some states. Here, an attorney will get the contract, search the title and gather everything needed, such as termite inspection, etc.  We do it all for our clients.

How long it takes from signing the contract to closing depends on a lot of factors. Cash closings go a little faster, but these days loans require a lot of documentation. Federally mandated lending regulations are designed to protect the prospective homeowner – and there’s no way around them. Expect to produce a lot of information for the bank – sometimes more than once! Your attorney is legally bound to complete all the steps for closing.

A lot of people think that the buyers, sellers and agents come to the same closing table, but that’s not necessarily true. Usually buyer and seller hire different attorneys, but not always. And, while some of the time, everyone is at the same table for a real estate closing; at our firm we always schedule different times for the buyer and seller to finalize the transaction. And nearly half of all of our closings are mail-away closings. You may be busy packing and/or selling your current home, making a trip here difficult to impossible. This is very common, and we can use an overnight delivery service to complete the process.

Don’t be intimidated by the South Carolina real estate closing process; our team will make it as painless as possible. At our firm, an attorney will call and personally introduce herself to you before we start making your dream home a reality – please don’t hesitate to call us with any questions.

About this writer

  • Nancy M. Zovnic

    Nancy M. Zovnic

    Nancy Zovnic was born and raised in the suburbs of Chicago, Illinois, but has lived in the Myrtle Beach area since 1995. She was admitted to the South Carolina Bar in 2006 and worked for a local law firm. In 2014, she began working as an Associate Attorney for Moore, Johnson & Saraniti Law Firm, and handles residential and commercial closings for buyers, sellers and developers, as well as refinances and deed transfers of real property and time-share property. Contact her at 843-650-9757

    or visit www.grandstrandlawyers.com.

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave your mark with style

Comment in style

Stand out from the crowd and add some flare beside your comment.
Get your free Gravatar today!

Make it personal

avatar versus gravatar Close