Legal Question in Real Estate Law in South Carolina
real estate law
I am buying a foreclosure property from a bank. The bank accepted by offer. Now they want me to transfer the funds to their attorney's bank account before closing, and before the final walk through. I would prefer to give them a certified cashier's check at closing. What is your opinion?
Asked on 9/23/08, 6:57 pm
1 Answer from Attorneys
Robert Johnston
Law Offices of Robert J. Johnston
Re: real estate law
You said this was in Florida? If you, you need to post your question for an attorney in Florida as the laws and process can vary greatly from state to state. Here in South Carolina we don't do it that way. Since you are the buyer, in SC only YOUR attorney would have control of the moeny, not the sellers.
Answered on 9/23/08, 7:43 pm