A Short Sale occurs when a bank allows an owner to sell property at a price that is less than the owner owes the bank. In other words, the sales price is “short” of what is owed. This creates what is called a deficiency balance. That is, even though the property has been sold to…
It’s the end of 2006. In the Land and Timber real estate market, this year started out good in the first quarter with a high amount of land sales in all categories: Timber real estate tracts, Recreational tracts and Farm/Agricultural land. The second and third quarters didn’t go as well, due to severalfactors. Whenever there…
In our last article, we stated that we thought the housing market slump would continue through year end and start to stabilize in early 2008. Unfortunately, there has not been any news that changes our belief. Some of the recent statistics indicate that we may still be too optimistic. The Commerce Department reported on August 16…
When I think of Peach County Georgia, I think of lazy hot summers, cold lemonade, front porch swings, and of course, peach cobbler. But Peach County, with all of its Southern Charm, is also a thriving community. From Fort Valley to Byron, Peach County is changing and growing. Peach County’s Chamber of Commerce and the…
Summer tends to bring a lot of action to the real estate world. From more houses selling, more people wanting to buy, price changes and changes in the market, there is a lot to stay on top of if you are looking to buy or sell a home. Let’s go over a few things you…
Are you an accidental landlord? If you have inherited a home from a relative or you moved out of your home into a different home and you want to rent it out rather than selling it, you are probably this type of landlord. We know it can seem like a big hassle to rent out…
Buying a piece of land and building on it is an exciting journey, but it comes with its own set of challenges. Whether you’re dreaming of a custom home or starting a new project, here are some simple tips to help you along the way. 1. Do Your Homework Before you buy, take time to…
Top 5 Reasons You Shouldn’t List Your Home As A FSBO (For Sale By Owner) As home prices continue to rise, a lack of inventory remains a crucial challenge in today’s market which has some homeowners trying to sell their homes on their own. 1) Exposure to Prospective Buyers A whopping 95% of buyers utilize online…
Although it may still be cold outside, warmer days are coming fast! As spring approaches, we like to prepare for the warmth with a little sprucing up around the house. However, spring cleaning isn’t just about tidying up; it’s an opportunity to refresh your living space and breathe new life into every corner. Here are…
3 Things You’ll Need to Get a Home Loan Getting a new home loan can seem like an intimidating process. Yes, the process does require a lot of paperwork, but it makes sense considering this is one of the largest financial investments most families make. There are many misconceptions out there when it comes to…
