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Showing posts with the label Real Estate Closing Attorney

2018 Industry Trends

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2018 has arrived and as we welcome a new year in the real estate industry, it's important to look ahead at what's to come.As the market evolves, agents must be aware of changes to best meet their clients needs. There are no definitive answers to what we can expect from the housing market in 2018, but we've compiled some of the top predictions form market experts, and here's what they're forecasting for the new year: Price Increases Many experts agree that inventory is the biggest factor in the 2018 housing market, and prices are expected to increase as supply remains low going into the new year. As reported in the Washington Post , Nela Richardson, chief economist at Redfin, said "for the third year in a row, the nationwide inventory shortage is likely to continue to hinder sales, and increase prices." Just how much prices are to increase is debatable, however. The National Association of Realtors is predicting a 5.5 percent price increase, w...

Power of Attorney

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Heading on vacation during your closing? Have a medical procedure scheduled and know you won't make it in to sign? Work sending you out on a last-minute business trip? If you're in any of these scenarios, you're probably worried about what you're going to do about signing at closing.  We all have busy lives with work, family and travel - throw a home buying or selling process into that mix and it can get a little hectic! That's what the Power of Attorney, or POA, is for.  A power of attorney is a document between two parties in which one party grants the other broad power to act on their behalf. This power can be for a number of things, including signing during a real estate closing.  In a POA transaction, the person granting the power is called the principal, and the person receiving the power is called the agent or attorney in fact. The agent will act on behalf of the principal within the circumstances noted in the document. An attorney in fact doe...

The 7 Simple Steps of a Closing

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After all the searching, all the open houses, all the comparing and price negotiating and inspections - you have finally purchased or sold a home.  While you have certainly gotten through the hardest part of the process, there is still one more step to take for Georgia residents: the closing.  A real estate closing is the process of transferring the title of the home from the current owner to the new owner. Each state has different requirements for the transaction, and in the state of Georgia, an attorney is required to oversee the closing.  The closing process can sometimes be complex considering the property rights and government regulations involved, however, closing with Perrie & Associates is a breeze, and we've broken the closing down into 7 simple steps: Give Us a Call -  To start the closing process, the buyer or seller's agent will send the contract that contains both parties' information as well as the property address and other ...

Home for the Braves Affecting Homes in Cobb

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"Take me out to the ballgame . . ."  just right across the street! We are only two days away from opening day and Perrie & Associates is more than excited for our new neighbors, the Atlanta Braves, to start playing ball. The SunTrust Ballpark and Battery Atlanta have been major undertakings that we have watched develop right from our office window, and it's finally time to officially welcome the Braves to their new home. With 41,000 seats pushed closer to the field than ever before, SunTrust Park is merging America's favorite pastime with modern amenities to create the "ultimate fan experience." Three club-level seating areas feature fine-dining and Braves memorabilia displays, and a three-story Chop House in right field will include two party decks and a field level area to give fans the experience of being in the game. While building a brand new stadium is a major undertaking, SunTrust Park will act as the "crown jewel" for a larg...