Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
In the last article, we have mentioned the three main reasons for refinance and a lot of owners come to consult what the best time is for refinance and what factors need to be considered besides interest of refinance Generally speaking，refinance is worth considering for owners as long as the interest is 0.25% -0.5% or… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
The Warranty Deed is a property ownership document. There are many kinds of Warranty Deed and acronyms. The most common forms are the following three: General Warranty Deed, Special Warranty Deed and Quitclaim Deed. 1. General Warranty Deed General Warranty Deed is also called Warranty Deed. It is the most comprehensive deed transfer document. In… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
If two or more buyers plan to buy a piece of real estate property together, how to set up their ownership properly is very important for them. Usually, there are two types of concurrent ownership. One is Tenants in Common, the other is Joint Tenants with Right of Survivorship. In Tenants in Common situation, each… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
Attorney Liu presented an article on how owner title insurance can prevent client A losing $400,000 from his property investment in the previous newsletter. However, many readers still do not understand. They wonder why they may still have a problem on their title since they already had a title insurance. Why do they need to… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
The value of Owner’s Title Insurance for purchasing a house When you make a decision to buy a house, there are two Title Insurances that are important during closing process. The first is Lender’s Title Insurance, which is an insurance policy covering a lender for the loan. It is compulsory for a house-buyer to purchase… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
Several years ago, survey was a requirement from the lender for purchase transactions. Now the Georgia law does not require the borrower to provide a survey before closing, lender seldom requires a survey done for purchase. However, survey, especially for the commercial real estate, is very important; it helps the buyer fully understands the property,… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
Essential Steps of buying a house 1. Loan Pre-Qualification As a buyer, the first thing you need to do is not to look for a desirable house or look for a real estate agent, but to find a mortgage broker. A mortgage broker can help you by examine your credit and… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
Buy your property DIY, is it worth it? As the Real Estate market blooms in Atlanta, a lot of people ride along the Real Estate blooming train and became property owners. Maybe because purchase process for real estate simplified, most people preferred to go through the process DIY style: not only they would “sell by… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
Real Estate Attorney Association Annual Meeting Discussion Attorney Liu has recently attended the Georgia Real Estate Board annual meeting and issued the Pindar Award to the famous Real Estate litigation attorney, Ms. Carol Clarke, on the behalf of the Board. There are more than 2800 lawyers in Real Estate Law Section of State Bar of… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
When you sell your investment or rental properties to recoup the profits you retained through the years, do not forget to pay taxes on the capital gains. How can you minimize your tax liability? A program called 1031 Exchange will help you delay the tax payment. The 1031 Exchange was created in 1921 as part… Read More