georgia real estate law: FHA/VA Loans Can Be Assumable at the Seller's Interest Rate - 09/03/07 09:03 PM
If a seller of a home currently has a FHA or VA loan, it is possible for the buyer to assume the loan of the seller at the rate of the seller.  The seller should obtain a complete release from liability from the FHA lender.  The new buyer will need to … (0 comments)

georgia real estate law: Short Pay, Mortgages - 09/02/07 09:29 PM
Question:
What does it mean when during a refinance I am told "we are doing a short pay"?
Answer:
This is about the prepaid interest that accumulates during the month.  If your refinance funds on the first, then there is no interim interest.  If it funds on the second, then usually you can pay … (0 comments)

georgia real estate law: Earnest Money Dispute??? - 09/02/07 08:12 PM
I have heard many questions lately about earnest money disputes from the person holding the money.  What to do, what to do?
I wrote a small piece on this earlier this year that I will copy below.  But in general, you should work it out.  Only the unreasonable go to court, but … (4 comments)

 
Real Estate Attorney: Joseph McClelland (Law Firm of JP McClelland)
Joseph McClelland
Decatur, GA
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Law Firm of JP McClelland

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