Lake Murray Real Estate

Lake Murray Real Estate

No matter whether you are a first-time homebuyer or an experienced property investor, buying a dream home in South Carolina is both an exciting and stressful experience. Everything from your finances to the local economy to the housing in SC will impact what property you purchase and how much it costs. The more you know about buying a home in SC, the better you will be able to make an informed decision. Here is a Lake Murray real estate guide to homeownership.

Setting a Budget

One of the most important things you should do before considering investment properties in SC is to determine how much you can really afford to spend. If this is your first time buying real estate for sale, there are many costs you should consider in addition to the buying price. Along with homeowner’s insurance and property taxes, you may also pay private mortgage insurance depending on your loan program and down payment. There are also a lot of hidden costs of homeownership, such as lawn and maintenance care.


While pre-qualification is not the same as getting a loan, it can help you better understand and prepare for a full loan. Pre-qualification is important for a lot of reasons. For one, it allows you and your real estate agent to know the price range to focus your search. It also allows you to make an offer on your potential dream house. Plus, pre-qualification will speed up your final loan and ability to close on your new property. 

Find A Great Real Estate Agent

A reputable agent will be your main ally throughout the entire home buying process. In addition to finding and showing you houses for sale, real estate agents can also make recommendations for other essential services like lenders and lawyers. And once you get the right property, your agent will make sure you get a great deal.

Start House Hunting

Viewing properties is a fun part of the home buying process. But don’t forget; eventually, you will have to make that decision about which home is right for you. After finding your dream home, your agent will help you decide the right price for the property, along with any home conditions you want to ask for. Your real estate agent will then present the offer to the seller and their agent. If they don’t accept your offer, they will issue a counteroffer. 

Inspections and Appraisals

Once a home seller accepts your offer, there is a couple of due diligence you need to perform to ensure that the property you are buying is exactly what you expect. After the inspections and appraisals process, you will have a chance to go back to the negotiation table if you encounter unexpected issues. In contrast, if you are satisfied with the house's condition, you can close on the deal.

Let Crystal Wallace Real Estate Help You With Your Real Estate Needs

Whether you are searching for Lake Murray real estate or putting your current house on the market, let the real estate team at Crystal Wallace Real Estate help you along the way!


Lake Murray Real Estate
Crystal Wallace, Realtor
(803) 463-6851
Lake Murray Real Estate
107A Virginia St
Chapin SC 29036

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