Changes implemented by the Consumer Financial Protection Bureau (CFPB) to address major problems that surfaced after the housing market meltdown in 2008 will become law on August 1, 2015. Published by the US government in late 2013, the new regulations dramatically affect the ... Continue Reading
How to Speed Up a Real Estate Closing
In Georgia, real estate closings are governed by the federal Real Estate Settlement Procedures Act (RESPA) and various licensing and appraiser laws and regulations that are administered by the Georgia Real Estate Commission. Unlike some states, in Georgia, all real estate ... Continue Reading
How a Failed Closing Can Cost You Money
Closing costs can make a substantial dent in your pocket when you buy a home. That’s to be expected. But if things go wrong and the closing fails, what’s it going to cost you? The costs involved in a closing are difficult enough to assess in advance, and it’s virtually ... Continue Reading
Why Do You Need a Closing Attorney When You Buy or Sell Property?
If you are buying or selling property in Georgia, and there is a loan involved, a closing attorney will have to complete the transaction. In some states, bankers that provide the finance are able to close the deal. Some even allow “witness-only” closings without an attorney ... Continue Reading
Tips for First Time Home Buyers
If you are buying a home for the first time there are many things you need to know and be aware of, from the process followed when making an offer to purchase, to applying for finance, closing the deal, and supplying the right documents at every turn. It should go without ... Continue Reading
Top Ten Reasons Real Estate Transactions Fail
Buying and selling homes can be exciting and fulfilling. But sometimes it can be disappointing and exhausting. The ideal scenario is that the transaction involves a willing buyer and a willing seller, both of whom is happy with the price and other conditions. But not all real ... Continue Reading
Why Do I Need a Real Estate Attorney?
Whether you are buying or selling a commercial or residential property, it is advisable to enlist the services of an experienced real estate attorney. It is also important that this person has a thorough knowledge of the area where the transaction takes place. So, for ... Continue Reading
How Georgia Law Affects Real Estate Sales Contracts
Anyone buying or selling real estate in Georgia should be aware of the requirements of the state’s real estate laws. While most concepts and issues relating to real estate contracts are the same as those in any other parts of the US, there are differences. Learn more below from ... Continue Reading
Peachtree City Real Estate Attorney Advises When to Sell Investment Property
It’s one thing to buy an investment property, but eventually, to make money, most investors are going to want to sell. So how will you know the best time to sell your investment? If you are able to track trends that show when it’s time to sell an investment property, chances ... Continue Reading
How are Taxes Prorated at the Time of Closing?
Closings are all about making sure every document has been signed and all the bills are paid. One of the most important things to determine is how much of the property taxes the buyer owes versus how much the seller has paid. Because, when someone sells their home, they may have ... Continue Reading
