In Atlanta Buckhead Midtown and the Westside, Closing Costs may vary widely. A lot of that has to do with how the Buyer wants to (or needs to) structure the Loan. Tailoring a Mortgage to one's specific needs is the mark of a well-chosen Lender. No online data generated letter can adjust for gift money or other special circumstances. Generally, we refer a Local Lender who will SERVICE the Loan even after it is sold. We send more than one name to new Clients so each may choose with whom to work. If the Buyer … (7 comments)
closing costs: Closing costs in Georgia... what can the seller pay?
- 04/15/16 02:48 AM
Dear Readers - In this post, Tammy Lankford, from the Milledgeville, GA area - AR's own Lake Sinclair expert, explains about Seller Contributions. Tammy explains that in her area of Georgia, Seller contributions are not a common occurrence (or at least weren't when post was written).
In Metro Atlanta, however, Seller Contributions are OFTEN a negotiating factor.
Tammy shares important information in her posts all the time. I am grateful for all the interesting things I have learned from her over the years.
Have a successful day - Lynn PS -- If I haven't thanked you personally for following my … (2 comments)
What is the purpose of a Closing (or Settlement, as it is called in other parts of the country)? You could say that the Closing is to even out the usage of the home between the Seller and the Buyer as well as balancing out the financials with the principals and the Lenders. Taxes are part of Closing Costs in Atlanta GA because the Seller compensates the Buyer for the days the Seller had the benefit of home ownership. At the same time, the Buyer compensates the Seller … (2 comments)
closing costs: CLOSING COST Why are PREPAIDS included in Closing Costs in Atlanta GA?
- 05/26/13 02:13 PM
CLOSING COST Why are PREPAIDS included in Closing Costs in Atlanta GA? What is the purpose of a Closing (or Settlement, as it is called in other parts of the country)? You could say that the Closing is to even out the usage of the home between the Seller and the Buyer as well as balancing out the financials with the principals and the Lenders. PREPAIDS are part of Closing Costs in Atlanta GA because the Buyer must pay the upcoming expenses for the Lender in order to get the loan. What are some examples of PREPAIDS?
Hazard Insurance* and Property Taxes are … (0 comments)
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Lynn B. Friedman CRS Atlanta, GA 404-617-6375
Concierge Service for Our Atlanta Sellers & Buyers
Atlanta Buckhead Midtown
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