Home Buying Process: Step 6

The repairs have been made and you have completed the final walk through and ready to proceed to closing.  In the state of South Carolina real estate closings are con...

Home Buying Process: Step 6 Close

Home Buying Process: Step 6

Posted by Eddy Kicker on Tuesday, March 20th, 2007 at 3:12pm.

The repairs have been made and you have completed the final walk through and ready to proceed to closing.  In the state of South Carolina real estate closings are conducted at the office of an attorney.  Funds that you need for closing will need to be in the form of a certified funds check made out to the attorney or wired to the attorney. Your mortgage company will electronically send the mortgage package to the attorney normally 48 hours prior to closing and the attorney will compose the HUD (closing statement) that will outline your charges. The buyers and sellers as well as their Realtor's will attend the closing.

Once the closing is completed your new Greenville area home is yours. Remember that the Greeenville County tax office will be mailing you a form asking if this will be your primary residence.  That way you will be billed at the 4% owner occupied rate rather than the 6% non-owner occupied rate.

Congratulations on the purchase of your new home.

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