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It is different in Georgia

By
Real Estate Agent with AllMountainRealty.com

Atlanta is a great hub for business. Other areas of Georgia are great retirement areas, or just beautiful and you would want to live there. So if you are moving to Georgia there are some thinks that you should know about how we process real estate transactions.

1 Wwe are a title State. This means that if you are unfortunate and face foreclosure it is non judicial. Fact is you sign at the closing saying you can be foreclosed on with out going to court.

2 We use closing attorneys. We almost never close in Escrow.

3 Up until 2010 we could not tell you square footage of a home. Now we will tell you this is what the tax records say is the square footage. In my experience they are 80 percent accurate

4 When you buy here unless other wise noted your property comes with the Mineral rights.

5 The contracts we use are from the Georgia Association of Realtors and have been court tested.

6 We are a buyer beware state so you really should do your due diligence

We have been in Georgia for 23 years and absolutely love it . You will to if you are moving here. If you are moving to Atlanta or north let the folks at All Mountain Realty guide you through the process.

Posted by

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

We sell Homes                                                    

 

Comments(5)

Richard Weisser
Richard Weisser Realty - Newnan, GA
Richard Weisser Retired Real Estate Professional

Charlie...

Oh my goodness, I have been here 38 years now, That is hard to believe!

Dec 17, 2010 08:22 AM
Rodney Mason, VP of Mtg Lending
Guaranteed Rate NMLS# 2611 - Atlanta, GA
AL,AR,AZ,CA,CO,FL,GA,IN,MI,MS,NC,NV,SC,TN,TX,VA,WA

Buying real estate in GA is definitely different than in other states.  Buyers do need to make sure they understand the differences.

Dec 26, 2010 01:45 PM
Gay E. Rosen
Julia B. Fee Sotheby's International Realty - Larchmont, NY
As Real as Real Estate Gets!

Hi Charlie: Thank you for posting in this group - I thought it wuld be easy to get it off the ground - I guess not.. I will give it some more time!  Best, Gay

Jan 09, 2011 03:20 AM
Ginger Harper
Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team - Southport, NC
Your Southport~Oak Island Agent~Brunswick County!

Thanks Charlie...Georgia is different in selling.  NC is a bit different also.

Good luck in 2011.

Jan 09, 2011 11:33 AM
Kathy Sheehan
Bay Equity, LLC 770-634-4021 - Atlanta, GA
Senior Loan Officer

The truth is every state has their own "rules".  Georgia being a "title" state forced a huge influx of properties on the market at the beginning of the "crisis".  I think you will agree the available inventory of homes has dropped significantly in 2010.

 

Jan 12, 2011 04:34 AM