Submission Deadline
Ask Vonnie!
Let's grow our real estate knowledge together on this platform. Questions submitted may be featured in our upcoming issue.
Submission Deadline: July 5
The number of real estate questions I answer daily often surprises me. While teaching a CE class, I asked licensees who would they call to answer their real estate questions. A student shouted, “We would just Ask Vonnie!”
2.
Q
When is the effective date of the new South Carolina's purchase agreement?
Commonly Asked Questions:
SC's New Sales Contract
A
1.
June 13, 2022
1.
Q
A
Since the SC's purchase agreement has a due diligence clause, is the appraisal contingency automatically waived?
2.
No, the appraisal contingency clause is still a term in the contract that the buyer and seller may negotiate.
Q
3.
Is the due diligence fee payable to the seller upfront?
A
3.
No, it’s only paid if the buyer cancels the contract during the due diligence period.
Q
4.
What if the sellers refuse to make repairs or ignore the buyer's repair requests?
A
4.
A buyer may accept the home as-is or pay the due diligence fee to terminate the contract.
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Ryan Serhant
Josh Cardinal of
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Allen Tate Realty Rock Hill
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Then grow your business. It takes time, but keep working to grow."
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Financial Independence Through Buying and Investing in Single Family Homes
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Austin Barnett Realty
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Commonly Asked Questions on Real Estate Licensing
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