Category Archives: Uncategorized

Neither an individual nor an investor can purchase a HUD home for $1.  And even though individuals who use FHA and are owner occupants can buy HUD homes for $100 down ( ) or certain qualified public servant home buyers … Continue reading →

8-10-2014: Dodd-Frank law took effect July 21, 2010. With 2,300 pages, it has overloaded regulatory agencies and about half o the regulations required by it have been finalized and >45% of Congressional deadlines have been missed. There have been unnecessary … Continue reading →

Yes – you can buy an FHA foreclosed (HUD) home with $100 down… But you must use FHA financing; the total estimated repairs don’t need to be under $5,000 (i.e., FHA insurable) as long as FHA financing is used; and … Continue reading →

5-31-2013: Some are predicting more commercial real estate foreclosures. Apparently, every 5-10 years, banks evaluate commercial loans and can ask for them to be paid off. Cash reserves of many small businesses have fallen and placed them in a short … Continue reading →

For a number of years, there was a little noticed fee on each closing statement (HUD-1) in Georgia. A $6.50 fee was charged for each new loan on a property. You an see why the fee doesn’t raise any interest … Continue reading →

The answer isn’t more cash…but… What is the real cost of your credit card charges? And paying the minimum balance on your credit card is like paying mostly the interest and not much of the principal. So be careful of … Continue reading →

President Obama’s Financial Fraud Enforcement Task Force (FFETF), was created in November 2009 to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes. With more than 20 federal agencies, 94 U.S. attorneys’ offices, and state and … Continue reading →

I have noticed several “out-of-state” license plates here in the Atlanta, Georgia area. Most of these tags I see in parking lots of apartment complexes. Per Georgia State Law, you must change your vehicle registration within 30 days of relocating … Continue reading →

Update 4-12-2021:  Sometime after this original blog post, Georgia Legislature capped the income exclusion at $35,000 if you’re 62-64.  Age 65 and older, the exemption rises to $65,000.  If a couple qualifies for both, I understand the total exclusion is … Continue reading →

Easement is roughly defined as “permission to get access to” something. Whether it’s your spouse, or utilities, or a neighbor’s adjoining property…you’ll have to get permission first to access their “private” property. All kidding aside about your spouse’s or partner’s … Continue reading →