North Charleston South Carolina Seller's Information for Appraiser provided to Buyer

State:
South Carolina
City:
North Charleston
Control #:
SC-00472-2
Format:
Word; 
Rich Text
Instant download

Description

This Seller's Information for Appraiser provided to Buyer form is used by the Buyer in South Carolina to provide information required by an appraiser in order to conduct an appraisal of the property prior to purchase. The Seller provides this completed form to the Buyer, who furnishes it to the appraiser. This form is designed to make the transaction flow more efficiently.

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FAQ

Contact the County Assessor In South Carolina, the county assessor usually manages property documents. Most of the state's 46 counties have online search features that let you find property owners. If the county doesn't have an online database, you will need to call or visit the location.

The signed South Carolina Disclosure or Real Estate Brokerage Relationships form must be included in an agency agreement and sales contract. When must the disclosure form be provided to a consumer? The form must be provided at the first practical opportunity after substantive contact with potential buyers or sellers.

There's good news for you as a home buyer: Both the agent representing the seller and the agent representing you, the buyer, will be paid out of the seller's proceeds at closing. Although you pay the seller for the house, you don't need to add anything in for the agents' pay.

Did you know dual agency is legal in most states? It's legal in South Carolina as long as there is informed and written consent from all parties prior to entering into negotiations.

Both the property's legal description and its mailing address are required. In the South Carolina sales contract, both the property's legal description and its mailing address must be provided.

All South Carolina real estate licensees must, by law, disclose their licensed status when they're involved in a personal real estate transaction, including sales, rentals, exchanges, and auctions. Joe is in violation of South Carolina's smoke detector laws because the detectors installed on his property don't work.

Most real estate agents get paid a commission based upon the sale price of a property. The commissions of a real estate transaction are negotiable and tend to range anywhere from 1% all the way up to 10%.

Owner must provide the completed disclosure statement to the purchaser prior to the time the owner and purchaser sign a real estate contract unless the real estate contract states otherwise. Owner should provide a signed copy to the purchaser and keep a copy signed by the purchaser.

In South Carolina, the home seller typically pays the realtor fees for all agents involved in the sale. This is the standard nationwide.

In South Carolina, what purpose do agency agreements serve? Agency agreements establish an agent-client relationship, and often include details such as a description of services, compensation and fee information, start and end dates, and other items.

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North Charleston South Carolina Seller's Information for Appraiser provided to Buyer