Contracts
In South Carolina, when a buyer makes an 'all-cash offer,' this means:
AThe buyer pays literally in cash currency
BThe buyer does not need a mortgage and will bring certified funds to closing✓ Correct
CNo earnest money is required
DThe transaction closes immediately
Explanation
An all-cash offer means the buyer does not need mortgage financing. Payment at closing is typically via wire transfer or cashier's check.
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