The Home Buying Process

Home Buying Process – Step By Step Guide

The Home Buying Process

The Process of Buying a Home

  • A step by step guide through the transaction process for both experienced and first time home buyers.

Buying a home is one of the largest investments most people will make in a lifetime, and we as Realtors are here to assist you through the process with dedication and your best interest at heart. Even if you have previously purchased a home, many laws and regulations have been changed within the Real Estate Industry in recent years. Many people choose to rent instead of purchase simply due to the fear of the home buying process; However, as experienced and educated Realtors it is our personal duty and honor to walk with you step by step through the following process while working on your behalf to make your transaction as smooth as possible:

  1. Contact Us! -Once you have reached out to a Realtor, we have the ability to give you access to many properties listed in the MLS and you will be allowed to save any homes you are interested in. (Upon deciding to purchase you may wish to decide how you chose how to fund the sale. If you wish to finance, speak with your loan officer about obtaining a “Pre Qualification Letter” or ask your Realtor for suggested Lenders and discuss financing options such as VA and FHA loans for eligible properties.)
  2. Look, Look, Look! -Narrow the searches you and your Realtor have gathered to the properties that meet your criteria and your Realtor can schedule showing appointments for you to look at them yourself.
  3. Make an Offer! -If you have found a home that you wish to purchase your Realtor will write and offer to Purchase. At this point there may be negotiations between your Realtor and the Seller’s but once an agreement has been made and all parties have signed you are officially under contract! An “Earnest Money” deposit will be collected and held through closing at which time the funds will be credited towards the purchase price.
  4. Choose an Attorney -In South Carolina both parties are represented separately throughout the transaction to closing. During the process the title to the home will be researched and cleared for your purchase. The attorney will work closely with both your Realtor and Loan Officer (If you choose to finance) If you do not have an attorney, your Realtor may give you a list of Law Offices in your area; Once you have chosen the Realtor will send the ratified contract in to be processed.
  5. Order a Home Inspection! -Although this is not a requirement, it is always advised that Buyers order a Home Inspection within the time allowed per your contract in order to protect themselves. This inspection report will state any faults with the home. South Carolina Law states that any Structural, Plumbing or Electrical defects may allow the Buyer to withdraw from the sale without penalty in the event that said items are deemed unsatisfactory and the Seller neglects to correct said items or agree on a monetary compensation for the required repairs.
  6. Review the Wood Infestation Report (Commonly referred to as a CL100) -This inspection is most often provided by the Seller unless otherwise stated in the purchase agreement. The report will state any concerning moisture levels, wood rot, Active or previously treated termites or any other wood destroying organisms. The CL100 will most likely be ordered by the Closing Attorney within 2 weeks of closing as the report is only valid for 30 days. Any issues stated which would hinder the sale of the property must be treated and/or repaired prior to closing.
  7. Schedule Your Final Walk Through! -All Buyers are given the right to a final walk through inspection with their Realtor prior to closing.
  8. Close! -After all necessary steps have been completed and any loan documents are prepared, your Attorney will schedule a Closing time to review and sign all financial and binding documents. When both parties have signed closing documents the Attorney will record the deed into your name as the Buyer, at which time you are officially a Home Owner!

Ace Realty looks forward to assisting you and is dedicated to providing quality, client level service (download the brochure explaining agency).  Thank you for visiting our website: www.AceRealtySC.com

NEWEST MYRTLE BEACH HOMES FOR SALE

$375,000
3 Beds 2 Baths 2618596 MLS
FULLY FENCED ALMOST 1/4 ACRE LOT! LOW HOA DUES! IN THE HEART OF CF SCHOOL DISTRICT! Welcome to this beautifully maintained 3-bedroom, 2-bath home located in the Turning Pines community of Carolina Forest. Designed with an open-concept layout, this residence features engineered hardwood flooring throughout, vaulted ceilings in the main living area, and an elevated entry window that fills the home with natural light. The kitchen offers granite countertops, a spacious center island with breakfast bar seating, and generous cabinet and countertop space for meal preparation and entertaining. Adjacent to the kitchen, the dining area is highlighted by bay windows overlooking the fenced backyard, creating a bright and functional gathering space. The primary suite features tray ceilings, a walk-in closet, and an ensuite bathroom with an oversized single-sink vanity offering ample countertop space. Two additional bedrooms provide flexibility for guests, a home office, or other uses, with one featuring vaulted ceilings for added architectural appeal. Sliding glass doors lead to a spacious, fully fenced backyard, offering room for outdoor living, recreation, or gardening. Additional features include a two-car garage with dedicated laundry space and extra storage. Located in the heart of Carolina Forest, Turning Pines offers convenient access to Highway 31, Highway 17, and International Drive, placing you just minutes from the beaches of the Grand Strand, the Intracoastal Waterway, shopping, dining, golf courses, healthcare facilities, and everyday conveniences including Costco, Target, Publix, Lowe's, Home Depot, and Tanger Outlets. This central location provides easy access to many of the area's most popular destinations while maintaining the convenience of a well-established residential community.

223 Turning Pines Loop, Myrtle Beach

$409,900
4 Beds 2 Baths 2618591 MLS
Welcome to 348 Esher Court, located in the highly desirable Berkshire Forest community of Myrtle Beach. This beautifully maintained home is truly move-in ready and can be purchased furnished, with only a few personal items excluded. Designed with comfort and functionality in mind, the home features numerous upgrades throughout. The spacious kitchen is equipped with KitchenAid appliances, solid surface countertops, a stylish glass tile backsplash, a breakfast bar, and custom 42-inch cabinetry with convenient pull-out shelves. The open layout flows seamlessly into the breakfast area and living room, while soaring 10-foot ceilings and a vaulted sunroom fill the home with natural light. The private primary suite is tucked away at the rear of the home and offers a peaceful retreat complete with a sitting area, oversized walk-in closet, and an en-suite bath featuring dual vanities, a walk-in shower, and a relaxing garden tub. Two additional guest bedrooms and a full bath are located on the opposite side of the home, providing privacy for family and visitors. A formal dining room and laundry room complete the main level. Upstairs, a versatile bonus room serves as a fourth bedroom but can easily be used as a home office, media room, or hobby space. Outside, mature landscaping creates a private backyard setting perfect for relaxing on the patio. Additional highlights include a natural gas water heater, PEX water manifold system, irrigation system, gutters, ceiling fans, and a security system

348 Esher Ct., Myrtle Beach

$1,688,000
3 Beds 3 Baths 2618586 MLS
Experience the best in coastal living with this exquisite custom-built luxury home in the highly coveted Riviera section of Golf Village in Myrtle Beach. Perfectly situated on one of the neighborhood’s most desirable streets, this stunning single-level Mediterranean residence offers unmatched comfort, style, and functionality with over 4,300 square feet under roof. Built in 2017 and meticulously maintained, this elegant 3-bedroom, 3-bathroom home boasts an open concept floor plan filled with high-end finishes and custom touches throughout. Each spacious bedroom is an en suite, providing ultimate privacy and convenience for family and guests alike. Entertain with ease in the formal dining room, or enjoy the flexibility of a dedicated flex room, perfect as an office or den to suit your lifestyle. Step outside to your private oasis and soak in beautiful pond views from the expansive lanai, which seamlessly flows to a luxurious pool and spa area. The pool and spa are protected by a full cage, allowing for year-round relaxation and entertainment in comfort. The three-car garage offers abundant storage and parking. The home’s functional floor plan ensures every square foot is utilized, while luxury finishes add a refined touch at every turn. Ownership includes security gate and access to the exceptional Grande Dunes lifestyle. Residents enjoy the private 25,000 square foot Ocean Club, featuring an oceanfront pool, fine dining, beach service, and year round social events. Additional amenities include two championship gof courses, a deep water marina, miles of walking and biking trails, on-site dining, and convenient access to Myrtle Beach's finest shopping, restaurants, entertainment, and Atlantic beaches. Don’t miss your opportunity to own a truly exceptional home in Myrtle Beach’s premier golf community. Schedule your private tour today and discover the perfect blend of luxury, comfort, and convenience at 1726 Serena Dr.

1726 Serena Dr., Myrtle Beach

$430,000
4 Beds 4 Baths 2618554 MLS
Discover the opportunity to make this original-owner Beazer Homes Olympic floor plan your own in the desirable Cameron Village community. Offering 4 bedrooms, 3 full bathrooms, and 1 half bath, this spacious home features an open concept design with vaulted ceilings, architectural archways, and a flexible floor plan ready for your personal style and updates. The kitchen offers abundant cabinet and countertop space, a center island, two pantries, and a breakfast nook that opens to the main living area, creating an ideal space for everyday living and entertaining. The first-floor primary suite features a vaulted ceiling, walk-in closest, dual-sink vanity, garden tub and walk-in shower. Two additional first-floor bedrooms share a Jack-and-Jill bathroom, while the second-floor bonus suite with a full bath provides the flexibility of a guest suite, home office, media room or second living area. Situated on nearly a quarter-acre lot, the fenced backyard includes a spacious screened porch and covered patio, offering plenty of room to relax and entertain outdoors. Lovingly maintained by its original owners since the home was built in 2008, this home presents an excellent opportunity for buyers looking to add fresh paint, updated flooring, lighting, and personal finishes while building equity in a home with solid bones and a highly functional layout. Cameron Village residents enjoy a community pool, tennis/pickleball courts, playground, recreational facilities, and green spaces. Conveniently located just minutes from the Intracoastal Waterway public boat landing, Myrtle Beach State Park, Murrells Inlet MarshWalk, Huntington Beach State Park, championship golf courses, shopping, dining, medical facilities, and the beautiful beaches of the Grand Strand. If you have been searching for a spacious home with a desirable floor plan, outstanding community amenities, and the opportunity to make it your own, this is one you won’t want to miss. Schedule your private showing today.

545 Miromar Way, Myrtle Beach

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