The Atlanta Closing Attorney's Perspective

Services for Real Estate Pros - Harlan and Associates, LLC
Property flippers have long had tough times when it came to FHA buyers. Because of FHA's strict seasoning requirements, sellers couldn't even sign a contract with an FHA buyer within 90 days of buying the property. No contract meant no FHA loan. No FHA loan meant no sale. No sale meant no profit....
FORMER EXECUTIVE OF FAILED BANK PLEADS GUILTY Former Bank Official Ignored Disclosure Reporting Requirements That Would Have Alerted Others to Massive Mortgage Fraud at Omni National Bank NEWNAN, GA - JEFFREY L. LEVINE, 68, of Atlanta, Georgia, pleaded guilty today in federal district court to c...
Once again, the S&P Case-Shiller Home Price Index is showing broad-based improvement in home prices across the country. The 10-city Index increased 1.7 percent in July, and the 20-city Index was up 1.6 percent. Both were down over 12 percent from July 2009, however. In Atlanta, prices increased ...
Standard & Poor's released the Chase-Shiller Home Price Indices this morning, showing that the decline in home prices in Atlanta seems to be shallowing. The data, good through March 2009, show that the metropolitan Atlanta area experienced a 1.7 percent drop in home prices versus February. Febru...
It just got a little easier to sell homes here in Georgia. At least some homes, that is. On Monday, Governor Sonny Perdue just signed a law which gives buyers of qualified single-family residences a tax credit of up to $1,800. Combined with the $8,000 federal tax credit, potential homebuyers hav...
If you haven't already seen it in your recent closings title insurance premiums have changed. To make it easier for mortgage lenders and real estate agents to calculate costs, the title insurance companies are standardizing the amounts that agents can charge for title insurance premiums. To see ...
    Last month, the delinquency rate for mortgages was at an all-time high, with one out of eight homeowners either late or in foreclosure. Across the country, home values have dropped on average anywhere between 8 and 30 percent. And in Atlanta, prices have fallen 12.1 percent, according to the ...
    Earlier this week at county courthouses all across Georgia, thousands of properties were being called for foreclosure. Metro Atlanta alone had a record number of scheduled foreclosures last month, with almost 8,500 homes slated to be sold on the courthouse steps. And today, those steps just a...
    There's a new and better tax credit in town. Are you poised to take advantage of the coming surge in home sales? Are you marketing your properties specifically to first-time homebuyers? If not, you should be. Last week, President Obama signed into law the American Recovery and Reinvestment Ac...
    According to a Census Bureau report, Metropolitan Atlanta is now the third emptiest city in America, ranking behind only Las Vegas and Detroit in the number of vacant rental units and single family homes. Overdevelopment, soaring foreclosures, and the size of the Atlanta metropolitan area - 2...

Stephen A. Harlan

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