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The Process for Buying Land with Cash in 11 Simple Steps

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If the land is near a conservation area or has endangered animals, construction work is often limited or outright restricted. First, the seller is likely to want to see proof of funds. Proof of funds should be on an official letterhead from the institution where your funds are.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

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Chain of title is an historical record of previous owners of a property that’s essential in establishing the legal ownership of the property. An established chain of title helps protect the buyer from future challenges to ownership. A title search helps create that chain and is usually conducted by a lawyer or title company.

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How to Sell a House by Owner in South Carolina: A FSBO Guide

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Gila adds that FSBO sellers should list their home at fair market value , especially when competing with new construction in South Carolina that offers high incentives for buyers as well as real estate agents who provide Realtor® bonuses and buy-down interest programs or closing costs paid by sellers. Require everything in writing.