Can damage found in final walk-throughs cause canceled closings?
Buyers often see real estate in its best condition. Open houses and private showings often occur only after the seller and their agent have carefully staged the property. Staging is the process through which they attempt to make it as attractive as possible. They...
Should you avoid buying a new home in an HOA?
When buying a new home in Georgia, you may come across properties within a homeowners association (HOA). HOAs have their own set of rules, fees, and expectations that can influence your living experience. While some people appreciate the benefits of an HOA, others...
What’s the fastest you can close on a house in Georgia?
Closing on a house marks the final step in the home-buying process. It’s the moment when ownership officially transfers from the seller to the buyer. The time it takes to close varies based on several factors. Typical closing timeline Most home sales close in about...
How contingency clauses can affect real estate closings for sellers
A contingency clause allows for the termination of a real estate agreement if certain conditions are not met. Generally, these clauses are designed to protect buyers from purchasing a property if one of their requirements isn’t met. How can these clauses affect real...
When white-glove movers damage a home as a seller vacates
Buyers do not take possession of real property immediately after a seller accepts their offer. Instead, the move-out and move-in processes occur according to a specific schedule that the parties negotiate. Frequently, the seller vacates the property immediately prior...
Navigating tax implications in real estate closings
Navigating the tax implications during a real estate closing can be a complex and daunting task. Understanding the various tax-related issues is necessary for both buyers and sellers and can ensure a smoother and more informed closing process. Property tax Property...
Can cosmetic issues in a house delay the closing?
Several factors can affect a residential real estate closing in Georgia. One such factor is the presence of cosmetic issues. These issues, though seemingly minor, can potentially cause delays, leading to frustration for both buyers and sellers. Cosmetic issues...
What factors help you receive a commercial property loan?
If you cannot ensure that you have the financing to purchase a piece of commercial real estate, your closing could be in trouble. You might have to wait longer than you intend to take possession of your new acquisition, or you might lose out on the property entirely....
5 factors that can delay residential real estate closings
Buying or selling a home in Georgia can be exciting. However, the process involves many parts. There are several factors that can potentially delay the closing of a residential real estate transaction. 1. Inspection issues An inspection may find significant problems...
3 ways to avoid delays when closing on a home
Closing on a home is an exciting milestone in the homebuying process, but it can also be a complex and time-consuming endeavor. Avoiding delays during the closing process helps ensure a smooth and timely transition to homeownership. By taking proactive steps,...