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Generally speaking, an offer to purchase a piece of real estate is going to have a contingency clause. This can be true for both commercial and residential purchases. These clauses are used to protect the potential buyer. For example, perhaps you already got pre...
Georgia operates under the "non-judicial foreclosure" policy, meaning a bank doesn't have to go to court to repossess a house. After the bank has repossessed the property through foreclosure, it typically wants to sell the property as quickly as possible to recover...
A person’s home is often their biggest investment and there is a lot to know about the real estate transaction process. Finding a home Usually, the first step is to find a real estate agent who is familiar with the local housing market. Some buyers may choose to...
Smart estate planning requires understanding the present and preparing for the future. Some events that can affect your plan stem from major life events – a new job, having children, getting married. Others stem from changes in the law. One example lies in the...
The term “squatter’s rights” traditionally refers to a person who is permitted to live in an abandoned or condemned building because of their extended stay. Georgia’s adverse possession and real estate laws specifically govern this issue. Adverse possession laws...
The past few years have left many Georgia homeowners struggling to keep up with their mortgage payments. Losing a home is an incredibly stressful experience, with many people never regaining their sense of stability. When you fall behind on your mortgage payments,...
Buying or selling a home is a significant transaction. A home is where a person lives and raises their family, so buyers naturally want as much information as possible before committing to what is likely the largest single transaction of their life. Seller disclosure...
Short sales can be a good choice for sellers, buyers and banks in Atlanta compared with foreclosure. How can this be? Read on to learn more about short sales, and how all parties can benefit when a home is sold for less than what is owed on a mortgage. What is a short...
The purchase or sale of a home is a major legal and financial transaction, and it is important for one navigating this process to take steps to protect their interests. Legal protection is critical at each step of the real estate process for both buyers and sellers....
The typical process to acquire land involves a buyer who provides payment to a seller who evidences and transfers that ownership via a deed recorded in a state registry. The doctrine of adverse possession defies that convention. Five elements of a claim While each...
