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
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
Prepare for your Mortgage Application When you are getting your dream house, other than looking for the appropriate location, satisfactory architecture, and a desirable community, the more important thing is to ensure you have the mean to purchase your dream home. That means to have your loan application approved smoothly if you are acquiring a… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
Remember to Pay Your Property Tax Autumn is the season of harvest. It is also the annual property-tax season. If this is your first year of owning your newly purchased property, or if you own land, rental property or commercial property, you need to check the payment of every single property’s tax bill from your… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
Regulations on Real Estate Lending There are two major regulations on real estate lending. One is the Real Estate Settlement Procedures Act, also called RESPA. The other is the Truth in Lending Act. 1. Real Estate Settlement Procedures Act (RESPA) In 1974, the United States Congress passed a consumer-protection statute called Real Estate Settlement Procedures… Read More
Posted on December 16, 2019 by Nancy Liu | Category: Real Estate
Most homeowners purchase property with the help of a mortgage. Your closing cost and monthly payment may vary depending on the different Lenders and the type of mortgage. There are numerous choices on the current market, but not everyone knows how to choose amongst different types of mortgage options and wide variety of mortgage companies… Read More