You’re ready to sell your home – but you have a problem: You need the money from the sale to set up in a new place. Since many homeowners have the vast majority of their money tied up in their property, this isn’t an uncommon issue. Even if you intend to rent, it can...
Typically, home sellers are obligated by law to make certain disclosures to prospective buyers about the condition of their properties. Exactly what must be disclosed, however, varies quite a bit from state to state. Georgia’s laws are a lot looser than many other...
Most real estate transactions pass off relatively smoothly. The property details are correct, and the seller has the right to sell it. Yet, sometimes, through confusion or dishonesty, details about the property are not as clear as the buyer needs them to be in order...
One crucial aspect of a home-buying contract, which can help to protect your interests if you’re a potential home buyer, is contingency clauses. A contingency clause is a provision in a contract that allows a party to back out of the agreement under certain...
Many of us are fond of the old saying that a person's home is their castle, meaning that no one else has any right to use another person's real estate. However, that isn't necessarily always true. In some cases, another party may have the right to use part of a...
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...
