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Archive for May, 2019

To Sell or Keep an Inherited Home?

Posted on: May 23rd, 2019 by ,

Seven Factors to Consider When Deciding Whether or Not to Sell an Inherited Home   Inheriting a home can be stressful, especially if you have just lost a loved one. You’re faced with deciding if you should rent it out, sell it, or keep it as a second home.   In addition to your personal finance situation, there are several factors you’ll need to consider before deciding what to do

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Types of Foreclosures in Georgia

Posted on: May 21st, 2019 by ,

If you’re going through a foreclosure, you might have other options.   Atlanta’s housing market was one of the hardest hit when the stock market crashed in 2008. Many homeowners saw their property values plummet while others faced the possibility of foreclosure. Thankfully, the Atlanta housing market bounced back tremendously since that time. But unfortunate life situations happen every day. Homeowners find themselves in predicaments where they can no longer

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Five Things to Know About Short Sale

Posted on: May 20th, 2019 by ,

Short sale is a home-selling option for houses that have gone underwater, meaning that the mortgage you owe is greater than the current market value of your house. In short sale, your lender allows you to sell your home for a fair price in the current market, and agrees to forgive the gap between the sale price and the total amount owed. This allows you to fully pay off your

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5 Options for Selling Rental Property with Tenants

Posted on: May 17th, 2019 by ,

Selling rental property can be a headache, but you do have a few options for a smooth transition Selling rental property isn’t an easy-peasy process, especially if you have tenants with a fixed-term lease. Of course, you’ll need to inform your tenants. You may also want to think about how selling your rental property will affect them before approaching them with the news.   As a landlord, it takes effort

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What to Expect from the Home Inspection Process

Posted on: May 16th, 2019 by ,

Need to sell a home in disrepair? What a home inspector will look for. Selling a home is difficult, especially if it has numerous flaws that are sure to be scrutinized during a home inspection. When it comes down to addressing these flaws and deciding how you would like to sell your home, you have a few options. You may consider a remodel to increase your chances of selling, but

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Steps for Selling a House from Contract to Closing

Posted on: May 10th, 2019 by ,

Timelines and what to expect from the grueling home sale process. Unlike most purchase transactions where cash is exchanged for goods on the spot, selling a house can be a complicated process where accepting an offer and signing a contract is just the beginning. The time frame from contract to closing is an agreed upon period called due diligence that involves many time-consuming and often stressful steps that can take

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How Much Should You Disclose?

Posted on: May 4th, 2019 by ,

What You Need to Tell Buyers When Selling Your Home The condition of your home is a huge factor when it comes time to sell. Home inspections help buyers understand what they are getting into before closing on a house, but there are some problems with a home that can’t be seen in plain sight. For example, a home inspector can quickly spot a water stain and determine that a

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Does an AC Replacement Increase Your Home’s Resale Value?

Posted on: May 3rd, 2019 by ,

An AC Replacement isn’t cheap. When does the investment add to the value of a house?   Nobody’s home is in perfect condition. Roofs deteriorate, water pipes break, and appliances wear out over time. When it comes time to sell your house, even homeowners who are punctual about home repairs still wind up with a list of items that ought to be fixed. Although, attempting to fix every issues in

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