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Atlanta Home Buyer Frequently Asked Questions FAQ's
Buyer FAQ's GENERAL HOMEBUYER QUESTIONS
A.)
It ‘s negotiable, but it depends on a many factors,
including: market conditions, your offer price and terms
of the contract.
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.
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. * Effective July 1, 2000 STATE OF GEORGIA law prohibits Broker from representing Buyer as a client without first entering into a written agreement under O.C.G.A § 10-6A et. seq.* |
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