What is the Deal With Home Inspectors?

When you buy a home, you need to know exactly what you’re buying. As they say "you get what you inspect, not what you expect" Imagine how frustrated you’d be to find out that the air conditioning wasn’t working—in the middle of the summer! This...

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What Is the Deal with Closings?

What is the deal with Closings? The closing is when the buyer and seller come together to complete the sales transaction. In Georgia, closings are conducted by an attorney. At the closing, all required documents such as the deed and the mortgage documents are executed,...

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What’s the Deal w/ Rental Restrictions?

What are Rental Restrictions? Are you interested in purchasing a condo unit as an investment property? Many condominium buildings limit the number of units that may be rented out at any one time; these are called Rental Restrictions. Rental restrictions are contained in the...

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What’s the Deal w/ Condominium Insurance?

What’s Condominium Insurance? Condominium associations are required by state law to insure the condominium against certain types of risks and damage, but the coverage they have may not extend to the interior of your unit, or cover damage exceeding a certain dollar amount. Therefore, most...

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What’s the Deal w/ a Financing Contingency?

What’s a Financing Contingency? A financing contingency is a clause in the purchase and sale agreement (also known as the contract) that states that the contract is contingent upon the buyer’s ability to secure a loan from the bank to purchase the property. If, during...

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What’s the Deal With Title Insurance?

What is Title Insurance? Title insurance is an insurance policy that protects your legal interest in your home. When a piece of real property changes hands, a record of that transaction is filed in the public deed records. Likewise, other events that may affect the ownership...

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What’s the Deal w/ Pre-Qualification & Pre-Approval

What's Pre-Qualification?  What's Pre-Approval You may have heard the terms “pre-qualification” and “pre-approval,” used before, but are wondering what the difference is between them. In fact, these two terms mean very different things in the real estate world, but both can be useful tools in your...

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What's the deal with real estate?

What’s the Deal w/ an Inspection Contingency?

What’s an Inspection Contingency? An inspection contingency, also known as a due diligence period, is a period of time that allows a buyer to fully inspect the property before making a final decision whether or not to buy the home. This time period starts immediately after...

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What's the deal with real estate?

What’s the Deal w/ Earnest Money?

What’s Earnest Money? An earnest money deposit (also known as and earnest payment)  is a good faith payment made by a potential purchaser to show he or she is serious about purchasing the property. If your offer is accepted by the seller, your earnest money becomes...

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