August27
It is very important to order a survey.
Most lenders do not require a survey anymore so it is optional for you.
The closing attorney’s office will order the survey upon your request.
This information is from Jill Elliott’s website, a closing attorney friend of Rhonda’s. Here is her take on the issue.
(So what do you think you are buying?) Read the rest of this entry »
August17
1. Decide what you can afford. Generally, you can afford a home equal in value to between two and three times your gross income.
July25
After weeks of searching for your next home, you now have it narrowed down to two great options. One offers a shorter commute, but the other offers more square footage for your growing family. How can you make the best choice?
There are several strategies you can employ in your decision making process. Above all, be confident in your decision making abilities. “The fear of making serious decisions is a new kind of fear, called decidophobia,” proclaimed by Walter Kaufmann at Princeton University in 1973. Worry and procrastination do nothing to aid the process, so buyers, be confident that you will make a sound choice.
Read the rest of this entry »
April17
This article is talking about the Supra Blue electronic boxes that are placed on listings, usually on the front door. The lockbox holds the key to the house and will open for an real estate agent when the agent has updated their password to get into the house. As the agent requests a password update over their telephone modem, it also submits what lockbox and listing the agent has seen and what time they entered the home. Read the rest of this entry »
April3
Read the Department of Justice’s opinion of the Buyer Cash At Closing program and how it effects buyers:
http://www.justice.gov/atr/public/real_estate/rebates.htm
April1
Before Closing
1. Order your optional survey within 7 days of closing.
2. Decide if you want owner’s title insurance. Tell the closing attorney at closing or before.
3. Order Homeowner’s Insurance – call the closing attorney at least 7 days before closing with your insurance agent’s name and phone number.
Hand deliver the original policy to closing.
4. Get your cashier’s check – Closing attorneys are not allowed to take personal checks higher than $ 4,999.00. So, just take a cashier’s check made payable to yourself for any amount to be safe. You will endorse the check to the law firm at closing. The law does not allow any of the following: out of state attorney’s checks, money market checks, credit union checks or any title company checks, in or out of the state of Georgia.
Most attorneys will take a local attorney’s escrow check from a prior closing.
Bring With You To Closing: Read the rest of this entry »
March21
Well, this seems simple enough – don’t lose your shirt. All kidding aside, most people don’t know how to negotiate a contract, or at least one that they won’t regret later. So, here are some guidelines to making a sound decision while making some money.
This article is for home sellers, but you home buyers, just reverse the ideas here. These are very black and white suggestions so don’t attempt to make them grey just because you want something today that you might not want next week.