Real Estate Practices

TRADITIONAL REAL ESTATE PRACTICES IN THE ATLANTA AREA. CHIP AND KATHY HAVE YOU COVERED!

Moving from another state or even buying your first home, can be a daunting experience. We know this as no two states real estate laws and practices are the same. We want you to feel like an expert and know the lingo and local terminology so you feel more comfortable and can fit in like an expert. Therefore, we put together this list of the most important ones you need to know. One very basic difference that you need to know upfront, is that Georgia is not a title state. We do not use title companies like Florida or South Carolina to close properties. We use closing attorneys instead. Georgia is also a non-judicial foreclosure state. This means that if you fail to pay your mortgage, the lender can send you a certified letter declaring the loan in default, advertise the property in the county newspaper for four consecutive weeks, then foreclose on the property on the first Tuesday of the following month. Unlike Florida and South Carolina, they actually in those states have to you sue you and take you to court in order to get the property ( their collateral) back. For a complete list of the more common terms we use in real estate here, just click on the "click here" button listed below. You will be a local expert in no time!

         CLICK HERE