State law prohibits a broker from representing a buyer as a client without first entering into a written agreement with the buyer under O.C.G.A. 10-6A-1 Understanding what the statement means An exclusive agreement means that the buyer agrees to hire the broker to act as the buyer’s exclusive real estate agent in order to assist…
Buying a home is an exciting adventure, but it can also be a bit overwhelming. It’s easy to make mistakes along the way, but with some foresight, you can avoid the most common ones. Here’s a relaxed guide to help you navigate the process smoothly. Not Getting Pre-Approved for a Mortgage One of the first…
If you’ve been thinking about selling your home, spring is hard to beat. There’s a reason it’s known as the busiest season in real estate—this is when everything tends to line up in a seller’s favor. For starters, buyers are out in full force. Warmer weather and longer days naturally get people moving, and many…
The National Multi-family Market was stronger in 2006 than it has been in the past few years. Owners were able to increase rates while decreasing the amount of concessions given to new tenants. Occupancy rates in many markets, increased as the supply of apartments were constrained due to the conversion of apartments into condominiums. Also,…
Mark-to-Market Accounting is assigning a value to a financial instrument or asset, based on current market price or the fair-value of the asset. The term originated with futures trading a century ago. When taking a position, a trader, would deposit money on the margin to protect the Exchange against loss. At the end of the…
A 1031 tax deferred property exchange allows you to defer taxes on the property sale. You will have more money in hand to invest in another property. This benefit translates into investment savings. In effect, you receive an interest free loan from the government in the amount you would be paying in taxes. The Federal Government…
In this video financial expert, Jill Schlesinger shares how critical it is for homes entering the market to be priced appropriately in order to build adequate interest. The first three weeks of a home’s entrance on the market are the most critical for creating interest and attracting buyers, and buyers often dismiss a listing that is…
In our last article, we stated that we thought the housing market would continue to slump until mid-year and then start to stabilize. We may have been too optimistic. We now believe the housing slump will continue through year end and start to stabilize in early 2008. Some of the statistics that influenced our prediction…
Artist Eloisa Bielsa created a really neat infographic to show how easy it is to make your home feel happier.
Owning a home offers numerous advantages over renting, making it a desirable goal for many. Here are several key benefits: Financial Benefits Equity Building: One of the most significant financial advantages of owning a home is the ability to build equity. As you make mortgage payments, you increase your ownership stake in the property. This…
