What is the cooling-off period for retracting a manufactured home purchase offer in South Carolina?

The cooling-off period for retracting a manufactured home purchase offer in South Carolina is set at 72 hours. This means that buyers have three days to change their minds after making an offer, providing them with a safeguard against impulse decisions. The rationale behind the 72-hour timeframe is to allow consumers to thoroughly consider their purchase and any potential repercussions. This period helps create a more balanced transaction by ensuring that buyers are confident in their decisions before finalizing a commitment to purchase a manufactured home. The specified duration reflects state regulations designed to protect consumers in real estate transactions, particularly in the manufactured housing market, where the stakes can become significant.