Greater Greenville SC Property Search

Earnest Money Definition

Earnest money shows you’re serious: Typically when an offer to purchase a house is made, you, as the buyer, will also pay an “earnest money” deposit.  This deposit shows the seller that you’re serious about the offer to purchase the property. It is a show of good faith.

Earnest money deposit can typically range from $500 to $10,000 or more...depending upon the value of the property being purchased and the norm in your community. As your real estate professional, I’ll help you determine the appropriate amount to pay as an earnest money deposit. Sometimes the seller can also request a certain amount or a percentage of the sales price, and some may agree to accept less.

Usually the buyer's broker, or sometimes the listing broker will hold this deposit until you have an accepted offer. Then, within 48 hours after acceptance, that check will be deposited by the broker holding it into a special escrow trust account, and escrow will be opened. Although the closing attorney can hold the earnest money deposit, that is rare in Greenville SC real estate transactions.

earnest_money_depositYou should make sure that the amount of your earnest money can be made readily available before you consider signing an offer. Sometimes the amount of your earnest money deposit can help make your offer more attractive, especially in a multiple offer situation.

Once the offer is accepted and acknowledged, your deposit will be included as part of your down payment, and offered as a credit to you on the settlement statement. If your offer is not accepted, you'll get back your deposit.

Keep in mind that if you back out of an offer once it's accepted and all conditions have been met, you may forfeit the full amount of the deposit and may be liable for other costs incurred by the seller. But, there are also clauses that you can include in the contract that will allow you to get your earnest money back if say, the home inspection is not acceptable, home did not appraise for selling price, you were unable to obtain financing, or the seller refuses to make the repairs that the contract requires him to make.

Our team is very familiar with the real estate contract, and can help you avoid making mistakes that can cost you your earnest money deposit. Contact Victor at 864-438-5050 with your questions.

Hot New Greenville SC Homes for Sale Listings

$325,000
4 Beds ⋅ 3 Baths ⋅ 1538866 MLS
Nestled in the heart of Greenville, South Carolina, this charming brick home combines the perfect blend of comfort and convenience. Located only 20 minutes to downtown Greenville and 15 minutes to Five Forks; Shopping, restaurants and more are all within a short drive away. New roof installed in 2023.

104 Cannon Circle, Greenville
$315,000
3 Beds ⋅ 2.5 Baths ⋅ 1538864 MLS
This beautiful home in Simpsonville is the perfect combination of location and affordability. Enjoy the convenience of shopping, dining and entertainment options on Fairview Road and quick access to the interstate. Inside the home, the spacious eat-in kitchen includes granite countertops, tile backsplash, center island and stainless steel appliances. The master suite features a massive walk-in closet and en-suite bath with soaking tub and large walk-in shower. Private, fully-fenced backyard that backs to mature trees is perfect for entertaining with large patio. Victoria Park offers a community pool and playground.

405 Kindletree Way, Simpsonville
$215,000
2 Beds ⋅ 2 Baths ⋅ 1538855 MLS
Creatively remade bungalow just minutes from the Silos in downtown Easley! Come take a look and fall in love with this 2 bedroom, 2 bath home from yesterday, reimagined for today's living. All white kitchen with stainless appliances and granite countertops opens across island seating to a spacious living room area, all with sturdy vinyl plank flooring. The split floor plan bedrooms create privacy. The primary suite includes a full bath with shower and open shelving for linens, and a decorative mantle in the corner. Beyond the laundry room, a new deck overlooks a nicely shaded backyard with mature fig tree that reminds me of Grandma's house. Covered front porch perfect for rocking and chatting with neighbors has been updated with stained columns and fresh colors. 30 minutes to Greenville, 20 minutes to Clemson University. Easley is nestled in South Carolina's foothills, an easy drive to mountains, waterfalls, lakes Keowee, Jocassee, Hartwell and more. Easley itself boasts the Doodle Trail less than a mile from this address, a thriving downtown, and beautiful parks and public facilities. Come check out our town - you won't regret it! Seller is licensed SC broker.

219 Nalley Street, Easley
$452,900
4 Beds ⋅ 2.5 Baths ⋅ 1538850 MLS
This Verwood in Adams Glen, our newest flagship community in the Upstate, is a gorgeous luxury 2 story home that is great for everyday living as well as entertaining friends and family. It features a nice covered front porch and a formal dining area upon entering, which opens to a huge great room connected to the kitchen/eating area. This particular home features a gorgeous sunroom and a powder room on the main level. Upstairs you will be greeted by a very large loft area that leads to the master bedroom which has a gorgeous bathroom. Three additional spacious bedrooms are on the second floor as well as a full bathroom. A spacious laundry room is conveniently upstairs as well. This home also features a tankless hot water heater. This home has tons of upgrades that your clients are sure to love.

301 Fiery Road, Mauldin
$330,000
3 Beds ⋅ 2 Baths ⋅ 316073 MLS
If you are searching for the perfect one level home this is it! This three bedroom two bath home is well maintained and move in ready. All you have to do is unpack! The living room is bright and comes with white brick fireplace, gas logs & cathedral ceiling, The kitchen boasts plenty of cabinets and counter-top space for prep work & tile backslash. All kitchen appliances remain. Large walk in laundry with sink and cabinets. Primary bedroom is large and comes with walk in shower along with double vanities & walk-in closet. Second bath has tub/shower both bathrooms have newer toilets. Real hardwoods in living area and LVP in bedrooms. Detached two car garage connects to house with deck that is approximately 19 x 12 and includes a pergola. Windows in garage replaced last year. This home is immaculate! 14 x 10 outbuilding included. Conveniently located in Greer with quick access to downtown Greenville, Greer , Spartanburg, Interstate, Shopping, hospital & airport.

3 Fairview Road, Greer
$330,000
3 Beds ⋅ 2 Baths ⋅ 1538849 MLS
If you are searching for the perfect one level home this is it! This three bedroom two bath home is well maintained and move in ready. All you have to do is unpack! The living room is bright and comes with white brick fireplace, gas logs & cathedral ceiling, The kitchen boasts plenty of cabinets and counter-top space for prep work & tile backslash. All kitchen appliances remain. Large walk in laundry with sink and cabinets. Primary bedroom is large and comes with walk in shower along with double vanities & walk-in closet. Second bath has tub/shower both bathrooms have newer toilets. Real hardwoods in living area and LVP in bedrooms. Detached two car garage connects to house with deck that is approximately 19 x 12 and includes a pergola. Windows in garage replaced last year. This home is immaculate! 14 x 10 outbuilding included. Conveniently located in Greer with quick access to downtown Greenville, Greer , Spartanburg, Interstate, Shopping, hospital & airport.

3 Fairview Road Extension, Greer
$379,999
4 Beds ⋅ 2.5 Baths ⋅ 1538840 MLS
**Charming 4-Bedroom Home in the Heart of Taylors, SC** Welcome to this delightful 4-bedroom, 2.5-bathroom residence, perfectly situated in the vibrant community of Taylors, SC. Just moments from the city's amenities yet comfortably outside the hustle and bustle of the city limits, this home has the best of both worlds. Step inside to discover a spacious, inviting interior that seamlessly blends modern convenience with timeless charm. The floor plan includes a cozy living area, perfect for family gatherings and relaxing evenings. Each bedroom is generously sized, providing ample space for rest and personalization. The heart of this home is its beautifully maintained kitchen, which comes equipped with modern appliances making meal preparation a joy. The adjacent dining area offers a great space for entertaining, with natural light flowing in from large windows. One of the standout features of this property is its fenced-in backyard, providing a private oasis for outdoor enjoyment. The sturdy privacy fence ensures a serene and secure environment, ideal for children and pets to play freely. Enjoy the bounty of fruitful pear and peach trees that grace the yard, adding a touch of natural sweetness to your outdoor space. For those with a green thumb or a passion for gardening, the included greenhouse is a fantastic addition. Whether you’re an experienced gardener or just starting out, this greenhouse offers a wonderful opportunity to cultivate plants and herbs year-round. Located just minutes away from everyday amenities, including shopping, dining, and entertainment options, this home is both convenient and tranquil. With its ideal location, spacious interior, and delightful outdoor features, this Taylors gem is ready to welcome you home. Don’t miss the chance to make this house your home—schedule a visit today and experience all that it has!

201 Stone River Way, Taylors
$750,000
4 Beds ⋅ 3 Baths ⋅ 316065 MLS
This lot has room for storage for a few boats, a double car garage & driveway heading down to the house has ample room for cars. The house has a large front lot with a screen porch on the left side of the house with lights and a fan. There is a private entrance to the house through the screen porch. Inside the house the painting is updated, the bathrooms are updated, the kitchen is updated, the roof was installed by gilstrap roofing in 2023, the septic system was upgraded by Rock Solid Septic in 2023 and given a 1 year warranty, the HVAC is comprised of three units. One unit for the kitchen, living area, 2 bedrooms and sun room , one unit for the master bedroom and master bathroom and a 3 rd unit is a non ducted unit for the upstairs bedroom & bath . The hvac was installed in 2023 by Air Command of Piedmont. In the sun room solar blocking curtains are installed on 7 floor to ceiling windows allowing great views of lake bowen while keeping the sun’s rays out of the house. These blinds can be drawn up or down with the touch of a hand. Off the kitchen dining area a false book shelf door is hidden & may be creatively used by the home owner. In the master bedroom on the first floor the room is large and combines a sleep area, sitting area, bathroom with double vanity sink, shower, walk in closet and is plumbed for a bathtub which was removed during updating. Walking out of the double doors in the master bedroom there is a large covered deck with a fan and lights overlooking the lake outside the master bedroom. There is a set of stairs leading out to the backyard. Outside the master bedroom there is a hallway where a walk in laundry room with storage. The main area of the house consists of a new kitchen, quartz counter tops, tile backsplash, built in wine holder, cabinet space, kitchen island for 4 chairs and all matching new appliances including the fridge. There is a deck partially covered with fan and lights off the kitchen and living area facing the lake. On the kitchen side of the house two (2) bedrooms each with wall to wall closets share one hall bathroom with a tub and shower combo. This bathroom has an unfinished area for a closet or shelves. In the hall area between the bedrooms there is an attic ceiling fan ( cut it on ) if you ever want to bring in the outside air. An upstairs bedroom with ceiling fan, closet, private hvac has its own full bathroom . A balcony off this bedroom is through double glass doors opening onto a view of the lake. Smoke detectors are located throughout the house. In the bathrooms and washer dryer room the floors are tile, all other floors in the house are hardwood oak floors. The back of the house facing lake bowen is located on a finger off the large water and has a western view. There is a concrete walkway heading to the dock. The dock has room for a jet ski and has two covered areas for boats to stay out of the elements. These two boat spaces have a manual pulley system to raise and lower the boats out of the water.

264 Oliver Dr, Inman
$179,000
2 Beds ⋅ 1 Baths ⋅ 1538835 MLS
Super cute 2 bedroom home in booming Greer. New minisplit HVAC, lvp flooring and many other upgrades. Minutes from downtown Greer, BMW, I-85... Schedule your showing now.

110 Leach Street, Greer
$469,900
6 Beds ⋅ 4 Baths ⋅ 1538832 MLS
Welcome to 8 Chewink Court! This completely renovated basement home has all the space and upgrades you need and is perfectly situated on a quiet culdesac lot that backs up to trees. Upon entering you will love the 2 story foyer and the open floorpan on the main floor showcasing all new flooring, a formal living/office, formal dining, spacious Great room with fireplace, breakfast area and beautiful updated kitchen with custom tile backsplash, new granite countertops and stainless appliances. Additionally on the main level, there is a bedroom and a full bathroom. Upstairs, you will find the oversized primary suite with a sitting area and beautiful new bathroom along with 3 more spacious bedrooms, a large flex space, and another full updated bathroom. The walkout basement level has just been completed to add a sixth bedroom, a 4th full bathroom, and additional flex room and recreation room. This home won't last long...call for your private showing today!

8 Chewink Court, Simpsonville
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The Listings data contained on this website comes from various participants of The Multiple Listing Service of Greenville, SC, Inc. Internet Data Exchange. 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. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed. © 2024 Greater Greenville Association of REALTORS®. All Rights Reserved. Last Updated