Legal Issues

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A moment for Boston

Your Guy for That Tuesday, April 16th, 2013 No Comments

moment-of-silence

All of us at Your Guy for That and Intown Focus Realty wish to extend our deepest heartfelt sympathy to the families, friends, and loved ones of the recent Boston Marathon tragedy.

There is no words, no gesture, and no thing can take the biting sting from loss; and only the honestly offered hand in wanting to help can be shown to help ease this painful path.

We ask all who wish to help in some small way, look to donate through your local Red Cross Disaster Teams, as they struggle to assist those in Boston. The link below will take you to their national donation website.

https://www.redcross.org/donate/index.jsp?donateStep=2&itemId=prod10002

Please take a moment of silence for those whose lives were lost, or changed during this horrific time.

The Boston Marathon tradition… Continue Reading A moment for Boston

Posted in Atlanta, Atlanta Beltline, Buyer Tools, College Park, Credit Score, East Point, Fannie Mae, Featured, Feed, FHA, First Time Homebuyers, Foreclosure, Fort McPherson, Freddie Mac, Fulton County, Green Homes, Hapeville, Home Inspections, Home Maintenance, Homepage, Interest Rates, Investment Real Estate, Legal Issues, Metro Atlanta, Mortgage Assistance, Mortgage Insurance, Mortgage News, News & Reports, Open House, Real Estate, Renting, Schools, Sellers, Short Sale, Small Business, Taxes, Uncategorized

About Property Disclosures

Your Guy for That Monday, March 11th, 2013 No Comments

by William Bronchick, Esq
When you are selling a property there are certain disclosures mandated by state and federal law.  Do you know them?  Are there other disclosures that are recommended, even if not required? This article will address those issues.

Federal Disclosures Federal law requires disclosure of lead-based paint hazards on any property built before 1978.  This is generally done on an EPA-approved form, combined with giving the buyer a copy of the pamphlet, “Protect Your Family from Lead in Your Home”, available from the EPA’s website.  The law requires that you give your buyers a ten-day opportunity to test the house for lead.

State Disclosures Every state has different required disclosures, so it is best to research your own state’s law.  A good place to s… Continue Reading About Property Disclosures

Posted in Buyer Tools, College Park, East Point, Feed, Fulton County, Hapeville, Homepage, Legal Issues, Metro Atlanta, Real Estate, Sellers

YOUR CREDIT–The First Thing to Do Before Buying a Home

Your Guy for That Tuesday, February 26th, 2013 No Comments

By Gerri Detweiler | Credit.com 

Home prices in most parts of the country are just about as affordable as they are likely to get, and mortgage rates remain super low. Together, those factors mean that many people are thinking about buying a home. Some will be first-time homebuyers, while others will be “boomerang” buyers who lost their homes in the housing meltdown but are now hoping to get back in. Still others may see this as the best time to upgrade to a larger home, downsize to a smaller one, or to move to the retirement locale of their dreams.

Whatever your motivation for buying a home, unless you are going to pay cash for the property, there’s one essential step you must take first: get your credit reports and credit scores.

The reason? Your credit scores will hel… Continue Reading YOUR CREDIT–The First Thing to Do Before Buying a Home

Posted in Atlanta, Atlanta Beltline, Buyer Tools, College Park, Credit Score, East Point, Feed, First Time Homebuyers, Fort McPherson, Fulton County, Hapeville, Homepage, Legal Issues, Metro Atlanta, Mortgage News, News & Reports, Real Estate, Small Business, Uncategorized

5 myths about homeowners insurance

Your Guy for That Friday, February 1st, 2013 No Comments

Many homeowners believe their policies will cover them for any and all damages, but the reality can be an expensive surprise.

By Angie Mohr of Investopedia

Homeowners insurance is one of the most common types of insurance and one of the least understood. Many homeowners believe that their policies will cover them for practically any damage to the house or contents. The reality is that homeowners’ policies contain many exclusions and restrictions on coverage that can leave you with a coverage gap.

Here are five areas where homeowners assume they have coverage but may not.

1. Loss-of-use coverage
If you have damage to your home severe enough that you cannot live in it while it is repaired, you may expect that the insurance company will put you up in a hotel while the wo… Continue Reading 5 myths about homeowners insurance

Posted in Atlanta, Atlanta Beltline, College Park, East Point, Feed, Fort McPherson, Fulton County, Hapeville, Homepage, Legal Issues, Metro Atlanta, Mortgage News, Real Estate, Small Business, Uncategorized

Property Damage While Under Contract

Your Guy for That Thursday, January 31st, 2013 1 Comment

It’s the day before closing and you are packing up getting ready to move into your new home. Bad storms are making their way through the area when your agent calls with bad news. Your closing has been delayed because a tree fell on the home you were scheduled to purchase. After you get past the initial shock, the question is, what happens next?
If you are represented by a REALTOR(r), utilizing a contract provided by the Georgia Association of REALTORS, then you are protected.  The contract specifies that the Seller is to promptly provide notice that an insurance claim has been filed, from there each party has 14 days to decide how to move forward.
The Buyer could agree to allow time for the Seller to repair the property and close under the terms of the current Purchase & Sale Agreem… Continue Reading Property Damage While Under Contract

Posted in Atlanta, Buyer Tools, College Park, East Point, Featured, Feed, First Time Homebuyers, Fulton County, Hapeville, Legal Issues, Metro Atlanta, Real Estate, Sellers

Fulton County School Board: Reject the proposal to acquire homes for East Point School!

Your Guy for That Monday, November 12th, 2012 No Comments

Petition by Jenny Stone, East Point, GeorgiaPetitioning President, Fulton County School Board Friends,
Many of you have been instrumental in communicating to the Fulton County School Board your thoughts on the proposal being made to include our home, and several others, in a land acquisition in order to rebuild an elementary school in East Point. At this juncture, we cannot block the Fulton County land acquisition group from making their proposal. But, we can make strides to encourage the School Board to reject options that would include private land acquisition.  We do not have a firm date on when the proposal will be made to the Board. But, we believe it to be in the new year. As such, we need your help again to ensure that the Board has heard from people that are in objection to ho… Continue Reading Fulton County School Board: Reject the proposal to acquire homes for East Point School!

Posted in Atlanta, Atlanta Beltline, Buyer Tools, College Park, Credit Score, East Point, Fannie Mae, Featured, Feed, FHA, First Time Homebuyers, Foreclosure, Fort McPherson, Freddie Mac, Fulton County, Green Homes, Hapeville, Home Inspections, Home Maintenance, Homepage, Interest Rates, Investment Real Estate, Legal Issues, Metro Atlanta, Mortgage Assistance, Mortgage Insurance, Mortgage News, News & Reports, No New Taxes, Open House, Real Estate, Renting, Schools, Sellers, Short Sale, Small Business, Taxes, Uncategorized

Neighbor Issues Involving Fences

Your Guy for That Wednesday, October 17th, 2012 No Comments

1. A neighbor builds a fence and a portion of the fence is on the owner’s property. What should the owner do?

Request that owner move the fence onto the neighbor’s property, or
Enter into an Easement/Encroachment Agreement allowing the fence to remain, but the owner retaining the right to request the fence be removed at any time the owner requests.
Nothing. This may result in the loss of property over time.

2. An owner wants to build a privacy fence. How high can the fence be?

Most all jurisdictions have limitations on the height of fences, usually six feet for back and side yards and 4 feet for front yards.
In order to build higher, a “variance” would have to be applied for and approved.

3. A neighbor has built a fence higher than allowed by the local ordinance… Continue Reading Neighbor Issues Involving Fences

Posted in Atlanta, Atlanta Beltline, Buyer Tools, College Park, East Point, Feed, First Time Homebuyers, Fort McPherson, Fulton County, Hapeville, Home Maintenance, Homepage, Legal Issues, Metro Atlanta, Mortgage News, Sellers, Uncategorized

Important Information About Your Credit Score and Renting…

Your Guy for That Monday, September 24th, 2012 No Comments

Experian Now Reporting Rent Payments on Credit Reports

Experian has become the first credit bureau to begin reporting a consumer’s rent payment history on credit reports.  Doing so will help Experian identify risky potential renters, reduce bad checks, and minimize property damage.  In addition, the reporting of this information will help those with limited credit but a favorable rent payment history be able to more easily qualify for a mortgage as it will add another key account on their credit bureau. Experian is having success getting the larger property management companies to report this info and we are starting to see these accounts show up on credit reports.  There really isn’t a system in place at this time to enable smaller landlords to report rent information, but there i… Continue Reading Important Information About Your Credit Score and Renting…

Posted in Atlanta, College Park, Credit Score, East Point, Feed, Fulton County, Hapeville, Homepage, Investment Real Estate, Legal Issues, Mortgage News, News & Reports, Real Estate, Renting, Small Business, Uncategorized

FREE Home Buyer Workshop: July 21, 2012

Your Guy for That Tuesday, July 17th, 2012 3 Comments

Next FREE Workshop – July 21, 2012 @ 1:00 PM
You are invited to attend this FREE Workshop on July 21, 2012 where you’ll learn why we are experience market conditions that we’ve never experienced before and how to navigate the home buying process in this ever changing environment. Some homes are selling for pennies on the dollar while others sell for over asking price. Some homes have been on the market for a year or more while others go under contract before you even find them online. Do you know why? Join us and find out! Scroll down to register and save your seat.

Rental Rates are on the Rise
There has never been a better time to enter the real estate market, particularly with climbing rental rates. So why throw away money on rent when you can be your own landlord?

Mortgage R… Continue Reading FREE Home Buyer Workshop: July 21, 2012

Posted in Atlanta, Buyer Tools, College Park, Credit Score, East Point, Fannie Mae, Feed, FHA, First Time Homebuyers, Foreclosure, Freddie Mac, Fulton County, Hapeville, Home Inspections, Interest Rates, Legal Issues, Metro Atlanta, Mortgage Insurance, Mortgage News, News & Reports, Real Estate, Renting, Sellers, Short Sale, Taxes

Strong, Independent Appraisal Industry Vital to Market and Loan Origination Process

Your Guy for That Friday, June 29th, 2012 No Comments

WASHINGTON  – Developing and reporting property values more accurately is critical to improving market performance, reducing risk and strengthening the housing finance system, according to the National Association of Realtors®.

That was the message delivered today by Frank Gregoire, immediate past chair of NAR’s Real Property Valuation Committee, in testimony before the House Financial Services Subcommittee on Insurance, Housing and Community Involvement regarding appraisal oversight.

“As the leading advocate for housing issues, Realtors® know that an accurate appraisal is an important part of the home buying process and that a strong and independent appraisal industry is critical to restoring faith in the mortgage origination process,” said Gregoire, a state-certified… Continue Reading Strong, Independent Appraisal Industry Vital to Market and Loan Origination Process

Posted in Atlanta, Atlanta Beltline, Buyer Tools, College Park, East Point, Feed, First Time Homebuyers, Fort McPherson, Fulton County, Hapeville, Homepage, Investment Real Estate, Legal Issues, Metro Atlanta, Mortgage News, News & Reports, Real Estate, Sellers
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