Buying A Home in Georgia, Answers for Some Buyer FAQ's. |
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Tel:
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Toll Free: (888)992-5546
Atlanta Homes for Sale!
Some Answers for Atlanta Home Buyer
Frequently Asked Questions! (FAQ's)
SOME GENERAL HOME
BUYER QUESTIONS
A.) It ‘s
negotiable, but it depends on a many factors, including: market conditions, your offer
price and terms of the contract.
A) Usually the Contract
will specify a time. Example... Purchaser agrees to make loan application
within 5 days of an accepted offer to purchase.
A.) Within 3-5 days of the acceptance date.
A.) Approximately 1-2% of the purchase price.
A.) Generally, 25-60
days after acceptance of the offer.
A.) Yes, we highly
recommend it!
A.) You have the right
to negotiate the repair or remedy, or withdraw the contract.
At the Closing
Q.) What’s a
closing? A.) The
closing is conducted by an attorney who transfers title from seller to buyer. You will
have an opportunity to discuss all aspects of the closing in detail before the event.
Q.) What do I
need to bring? A.)
Here's what you'll need:
1. A
picture I.D for each purchaser.
2.
Receipt for the first year's premium of a Home Owner's Insurance policy.
3.
Additional documentation the lender may require, such as proof of sale of an existing
residence, deposit verifications, proof of sale of a car, copies of tax returns.
4.
Certified funds for money due at closing, in accordance with Georgia law and the law
firm's policy. The closing attorney will advise the amount.
Your attorney will receive the loan package from the Lender in time to provide you with figures prior to closing. The figures are on a Settlement Statement (HUD-1). In the event your figures change before the actual closing, the attorney will probably accept a personal check for the difference at the closing table.
Moving To Atlanta? Call us first! We'll provide professional real estate services for an individual or a company! Jim and Ellen Crawford are both Broker Associates, and Accredited Buyer Representatives.
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