Author Archives: Buyer Broker

House Squatters – Temporary epidemic or here to stay with chronic homelessness?

Beware of leaving your house vacant when trying to sell it…or even for any extended length of time. Scammers can enter your house, change the locks with new keys, run ads in Craigslist or other places and get $$ from … Continue reading

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Daily Access Brokerage Real Estate News

7-24-2017: Post #1: Freddie Mac news: Home prices are up, inventory is down. And that just means there’s a free market system in residential real estate…somewhat free. Post #2: Illinois borrowed $17 billion to pay pensions that are unfounded by … Continue reading

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Complaints about real estate agents – legitimate or reflection on client poor choices?

Volumes can be written on this subject alone…and “the cloud” is already filled with so much data, those volumes are not necessary. And there are those times where you blame your current or previous real estate agents for some type … Continue reading

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Home Builders Remain Confident

The sentiment and index of new housing is as strong as it has ever been within the community of exiting home builders. Not only are prices up, but the near future looks attractive for several reasons: (1) Actual number of … Continue reading

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After closing – property tax bill and homestead exemption

Now this is an interesting, often ignored, topic. Almost everyone who purchases a property in the State of Georgia signs a form similar to the sample document in this blog post at closing. In addition to the Buyers and Sellers … Continue reading

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Can an HOA prevent you from leasing your real property?

Yes and no – depending on your existing HOA CCRs and your HOA reaction to limitations placed on certain types loans (i.e., FHA) by lenders allowed to be used by Buyers if rentals/leases exceed certain thresholds and whether or not … Continue reading

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Georgia Intangibles Tax – How much Does Georgia Collect each year?

Good question – since it amounts to HUNDRED$ of DOLLARS per mortgage transaction and it’s rolled into Georgia’s General Budget, nobody knows. What is it? Each time a real estate property (house, land, condo, etc) is purchased (not refinanced) with … Continue reading

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How was the $110 Billion in bank fines spent?

Your guess is as good as the US Government’s! Make sure you put on your big boy and big girl panties when you read this…. Major US banks paid about $110 Billion in fines over the mortgage banking crisis. New … Continue reading

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HOAs might need FCAR’s 2015 Community Association Fact Book 2015

The Foundation for Community Association Research (FCAR) provides authoritative research and analysis on community association trends, issues and operations. FCAR supports and conducts research and makes that information available to those involved in association development, governance and management. This publication … Continue reading

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HUD’s reverse-mortgage program (HECM)

Update 2-14-2017: CONSIDERING A REVERSE MORTGAGE? (Pulished by CFPB) I have no dog in this fight. I’ve heard closing costs may be high (especially lender costs) to get the equity but for those who are 62 or older who are … Continue reading

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