Inspections & Appraisals

Contingencies

A contingency is simply a condition that has to be satisfied before a contract becomes legally binding. Buyers typically build in contingencies around financing or home inspections—it's a standard part of protecting everyone at the table.

Before completing the purchase of your property, your buyer will work through a few key steps:

• Securing financing and insurance;
• Reviewing important documents, including preliminary title reports and disclosure statements; and
• Inspecting the property. Buyers have the right to dig into every detail through a wide range of inspections, such as roof, termite/pest, chimney/fireplace, property boundary survey, well, septic, pool/spa, arborist, mold, lead-based paint, HVAC, and more.

So how do you respond fairly and confidently when a buyer comes back asking for a renegotiation, all while protecting your best interests? This is exactly where a seasoned listing agent makes the difference. With decades spent guiding Charleston property owners through moments just like this one, we bring that same steady expertise and total commitment to every customer we serve, no matter the situation.

Loan Approval and Appraisal

We recommend working with buyers who come to the table backed by a lender's pre-approval, approval letter, or written loan commitment. These carry far more weight than a simple pre-qualification or no documentation at all. Once under contract, expect an appraiser from the lender's company to review your property and confirm the sale price checks out.