Description
BACK ON THE MARKET. Charming and cozy, this home features newer flooring, a fireplace, tongue-and-groove wooden ceilings and a minimal kitchen with an electric stove and sink. Perfect for those seeking character and a pied-a-terre within walking distance to downtown Hartsville or perhaps an easy place for a future student at Coker University or buy it and use as a rental property and build a larger home in the future. Large front yard with quince, fig trees, and other nice trees and vegetation. CASH BUYERS ONLY with NO contingencies. DO ALL DUE DILIGENCE UPFRONT. Verifiable Proof of Funds required with all submitted contracts. ****No quiet title action filed, but Buyer can purchase title insurance on this house using Priority Title: Instead of completing a Quiet Title Action (QTA), the Seller client obtained a certification from Tax Title Services (TTS). The TTS certification is a non-judicial review of the tax sale which ensures that all parties received due process and verifies the validity of the tax sale. A Quiet Title Action is not required by law to provide title insurance to a buyer or lender but it can be a title insurance underwriting requirement for properties obtained through tax sale. Priority Title (PTE) is able to accept a TTS certification in lieu of a QTA to satisfy the insurability requirements of our underwriters. The big difference between the two processes is that a QTA is a judicial process and the TTS certification is non-judicial. Since a QTA is a judicial process, the resulting judgment of the QTA is recorded in the chain-of-title so all future insuring title companies can review the QTA whereas the TTS certification is not recorded but sent directly to the insuring title agent. Just like a QTA, the title insurance policy that uses the TTS certification, will not have any exceptions for liens/encumbrances that are extinguished by the tax sale. The coverages in the title policy are identical. Additionally, the TTS cert is a one-time process so the buyer will not need to complete this again for future transactions. Please keep in mind that the issuance of title insurance is a risk-based decision and the acceptance of the TTS Cert is an underwriting requirement PTE is willing to accept instead of a QTA. Other title agencies may have differing underwriting requirements in which case, PTE is happy to help with any future transactions.
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2BEDS
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0.29ACRES
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2BATHS
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01/2 BATHS
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589SQFT
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$127$/SQFT
School Information
Description
BACK ON THE MARKET. Charming and cozy, this home features newer flooring, a fireplace, tongue-and-groove wooden ceilings and a minimal kitchen with an electric stove and sink. Perfect for those seeking character and a pied-a-terre within walking distance to downtown Hartsville or perhaps an easy place for a future student at Coker University or buy it and use as a rental property and build a larger home in the future. Large front yard with quince, fig trees, and other nice trees and vegetation. CASH BUYERS ONLY with NO contingencies. DO ALL DUE DILIGENCE UPFRONT. Verifiable Proof of Funds required with all submitted contracts. ****No quiet title action filed, but Buyer can purchase title insurance on this house using Priority Title: Instead of completing a Quiet Title Action (QTA), the Seller client obtained a certification from Tax Title Services (TTS). The TTS certification is a non-judicial review of the tax sale which ensures that all parties received due process and verifies the validity of the tax sale. A Quiet Title Action is not required by law to provide title insurance to a buyer or lender but it can be a title insurance underwriting requirement for properties obtained through tax sale. Priority Title (PTE) is able to accept a TTS certification in lieu of a QTA to satisfy the insurability requirements of our underwriters. The big difference between the two processes is that a QTA is a judicial process and the TTS certification is non-judicial. Since a QTA is a judicial process, the resulting judgment of the QTA is recorded in the chain-of-title so all future insuring title companies can review the QTA whereas the TTS certification is not recorded but sent directly to the insuring title agent. Just like a QTA, the title insurance policy that uses the TTS certification, will not have any exceptions for liens/encumbrances that are extinguished by the tax sale. The coverages in the title policy are identical. Additionally, the TTS cert is a one-time process so the buyer will not need to complete this again for future transactions. Please keep in mind that the issuance of title insurance is a risk-based decision and the acceptance of the TTS Cert is an underwriting requirement PTE is willing to accept instead of a QTA. Other title agencies may have differing underwriting requirements in which case, PTE is happy to help with any future transactions.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed. Neither The Realtor Association of Greater Pee Dee, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by The Realtor Association of Greater Pee Dee for use by its members and is not intended for the use for any other purpose.