Effective June 13th, South Carolina REALTORS have a slightly modified real estate contract for consumers to use for buying and selling homes. They have removed the “repair procedure” and “as-is” sections and gone to a straight “due diligence” contract. Many disputes had arisen over “repair procedure.” I’m happy to see that removed. It seemed overly confusing and was open to too much interpretation by the buyers and sellers which would then lead to disputes.
The South Carolina REALTORS is the state association and they do a tremendous job of supporting REALTORs in their transaction questions. They have received a number of phone calls on the legal hotline about the latest change to the contract as you can imagine. They have published the key points REALTORS should consider with regard to the new contract and “due diligence.”
For a quick overview of what was changed in the contract, feel free to watch SCR Director of Legal and Regulatory Affairs, Austin Smallwood go through the forms changes in the 6 minute video below.
The City of Greenville continues its steady growth. All one has to do is drive around and see all the construction going on. New construction…additions…renovations…restorations. You name it, it’s happening here.
“As of June 30, the city had completed 14,110 building inspections compared to a little more than 25,000 in all of 2021, Greenville’s current high water mark. In 19 of the first 27 weeks of the year, the city saw an increase in inspections over the previous year.“
Greenville continues to attract more people and businesses by the day. See where people are moving from to land in Greenville.