Mama Liz's Real Estate Tips of the Day-
Posts written for AgentOwned Realty's agents & shared with
the public to increase overall awareness of real estate rules, regulations, & issues.
Mama Liz says
Certificate of Assessment vs Estoppel Fees
What is the difference? The contract form that the SC Association of Realtors recommends for transferring of properties in South Carolina references both of these charges. The contract states in one section that certificate of assessment fee is the responsibility of the buyer. The contract states in another section that the Estoppel fee is to be paid by either buyer or seller -- depending on what is filled in by the buyers and sellers of the contract...