What can I do to facilitate a simple and efficient closing?

Complete and return all Engagement & Information requests within 24 hours of receipt.

How do I check the status of my closing?

Beginning May 1, 2026 all closing information will be communicated through our new closing platform, Qualia.

How do I pay my Earnest Money Deposit?

Earnest Money can be sent via the EARNNEST link at the top of the page.

How do I provide my funds to close?

All funds for closing will need to be sent via WIRE TRANSFER.

Does my spouse need to attend closing if they are not on the property deed?

No, if your spouse is not holding title to the property they do not need to attend closing.

Does South Carolina require an attorney at closing?

Yes. South Carolina law requires that a licensed attorney supervise all real estate closings. The closing attorney typically represents the buyer, conducting the title search, preparing closing documents, and ensuring funds are properly disbursed — making attorney selection an important early step for buyers.

What does a closing attorney do for buyers in SC?

A buyer's closing attorney reviews the purchase contract, examines title records, orders lien payoffs, coordinates with the lender, prepares all closing documents, and issues title insurance policies. They also update the title and record documents with the county after closing is complete.

What is owner's title insurance and do I need it?

Owner's title insurance protects buyers against financial loss from hidden title defects — like undisclosed heirs, forgery, or recording errors — that a title search might miss. Unlike the lender's policy, it covers your ownership interest and remains in effect for as long as you or your heirs own the property.

When should a buyer choose their closing attorney?

Choose your closing attorney as early as possible — ideally right after your offer is accepted. Early selection allows the attorney to order the title search promptly, coordinate with your lender, and give you adequate time to review documents before your scheduled closing date.

How must buyers send funds to closing in SC?

Under South Carolina law, amounts over $5,000 must be wired directly to the closing attorney's trust account — not sent via ACH, which will be returned and could delay closing by up to 10 days. Amounts under $5,000 may be brought as a cashier's check or certified check from an FDIC-insured institution.

Can buyers pay earnest money online in SC?

Yes. Peterson Law Firm, P.A. accepts online earnest money deposits through EARNNEST, a secure digital payment platform. Note that EARNNEST cannot be used for closing funds or settlement fees — it is strictly for earnest money deposits. A $18 processing fee is charged by EARNNEST directly.

What's the difference between 4% and 6% property tax rates?

In South Carolina, primary residences qualify for the lower 4% assessment ratio, while second homes and investment properties are taxed at 6%. Buyers must actively apply for the 4% rate using an SC driver's license and vehicle registration showing the new property address — it's not applied automatically.

What inspections should buyers complete before closing?

Buyers should arrange a general home inspection, a termite inspection, and review of the hazard insurance declarations page before closing. The purchase contract typically specifies who pays for each. Buyers should also confirm whether a property survey is needed, though it's generally not required unless a title issue arises.

How can buyers track their closing status in real time?

Peterson Law Firm, P.A. uses online file tracking software that gives buyers and their agents 24/7 access to the status of their closing throughout the process. This transparency reduces uncertainty and helps all parties stay informed at every stage without needing to call the office.

Why do buyer agents benefit from a dedicated closing attorney?

A closing attorney experienced in buyer representation streamlines coordination between the buyer, lender, and all parties — reducing last-minute surprises. Peterson Law Firm, P.A. works with real estate agents across North and South Carolina to help ensure smooth, on-time closings for their clients.

Real Estate Law, Estate Planning Attorney: Fort Mill, SC: Peterson Law Firm, P.A.

What can I do to facilitate a simple and efficient closing?
Complete and return all Engagement & Information requests within 24 hours of receipt.
How do I check the status of my closing?
Beginning May 1, 2026 all closing information will be communicated through our new closing platform, Qualia.
How do I pay my Earnest Money Deposit?
Earnest Money can be sent via the EARNNEST link at the top of the page.
Where should my lender send the title request?
title@petersonlawonline.com
How do I provide my funds to close?
All funds for closing will need to be sent via WIRE TRANSFER.
Does my spouse need to attend closing if they are not on the property deed?
No, if your spouse is not holding title to the property they do not need to attend closing.

Testing Question
Testing Answer
Does South Carolina require an attorney at closing?
Yes. South Carolina law requires that a licensed attorney supervise all real estate closings. The closing attorney typically represents the buyer, conducting the title search, preparing closing documents, and ensuring funds are properly disbursed — making attorney selection an important early step for buyers.
What does a closing attorney do for buyers in SC?
A buyer's closing attorney reviews the purchase contract, examines title records, orders lien payoffs, coordinates with the lender, prepares all closing documents, and issues title insurance policies. They also update the title and record documents with the county after closing is complete.
What is owner's title insurance and do I need it?
Owner's title insurance protects buyers against financial loss from hidden title defects — like undisclosed heirs, forgery, or recording errors — that a title search might miss. Unlike the lender's policy, it covers your ownership interest and remains in effect for as long as you or your heirs own the property.
When should a buyer choose their closing attorney?
Choose your closing attorney as early as possible — ideally right after your offer is accepted. Early selection allows the attorney to order the title search promptly, coordinate with your lender, and give you adequate time to review documents before your scheduled closing date.
How must buyers send funds to closing in SC?
Under South Carolina law, amounts over $5,000 must be wired directly to the closing attorney's trust account — not sent via ACH, which will be returned and could delay closing by up to 10 days. Amounts under $5,000 may be brought as a cashier's check or certified check from an FDIC-insured institution.
Can buyers pay earnest money online in SC?
Yes. Peterson Law Firm, P.A. accepts online earnest money deposits through EARNNEST, a secure digital payment platform. Note that EARNNEST cannot be used for closing funds or settlement fees — it is strictly for earnest money deposits. A $18 processing fee is charged by EARNNEST directly.
What's the difference between 4% and 6% property tax rates?
In South Carolina, primary residences qualify for the lower 4% assessment ratio, while second homes and investment properties are taxed at 6%. Buyers must actively apply for the 4% rate using an SC driver's license and vehicle registration showing the new property address — it's not applied automatically.
What inspections should buyers complete before closing?
Buyers should arrange a general home inspection, a termite inspection, and review of the hazard insurance declarations page before closing. The purchase contract typically specifies who pays for each. Buyers should also confirm whether a property survey is needed, though it's generally not required unless a title issue arises.
How can buyers track their closing status in real time?
Peterson Law Firm, P.A. uses online file tracking software that gives buyers and their agents 24/7 access to the status of their closing throughout the process. This transparency reduces uncertainty and helps all parties stay informed at every stage without needing to call the office.
Why do buyer agents benefit from a dedicated closing attorney?
A closing attorney experienced in buyer representation streamlines coordination between the buyer, lender, and all parties — reducing last-minute surprises. Peterson Law Firm, P.A. works with real estate agents across North and South Carolina to help ensure smooth, on-time closings for their clients.

Buyers & Buyer Agents FAQ's

Buyers & Buyer Agents Frequently Asked Questions