Atlanta Georgia Luxury Homes for
Sale: Fine Real Estate, Luxury Estates, Atlanta Country Club Homes, and New
Luxury Homes For Sale. Atlanta Finest Swim Tennis, and Gated Estate Communities.
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REMAX Greater Atlanta -
1585 Holcomb Bridge Road - Roswell GA 30076 |
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Welcome to
Luxury Homes of Atlanta Georgia. Find Atlanta finest luxury homes here.
New construction, new custom built exquisite homes, luxurious gated communities,
swim tennis, manor homes, estate homes, golf course homes, Atlanta country clubs.
Steps
to Closing Your Atlanta Home
What Next?
After the Contract is signed...on your Atlanta Luxury
Home...
INSPECTION:
An election in your purchase offer you selected the
right to inspect and request repairs if any deficiencies
were found. So now you have a home inspection Your
REALTOR will arrange with the listing agent a time to
return to the property for a inspect it. Usually, this
will be done within a few days after the contract has
been signed. A professionally licensed home inspector,
one that is CABO certified should accompany you through
the home and point out problems or deficiencies if they
exist. A home inspection should always be done whether
you buy new or resale.
Once you have the report and reviewed
it, your REALTOR will notify the other agent in writing
a list of the defects that you request be corrected. You
will also provide the seller with a summary of that
inspection report. Once the seller is then notified of
any problems, they usually they will agree to correct
the repairs that deal with health, safety, environmental
or structural. However, if they do not agree, you should
have the option of voiding the contract or negotiating a
credit for the estimated repairs as a compensation for
the cost.
There are many things you can “inspect”
at the time you are shopping for your home. Be curious!
Be alert for warning signs! Radon, pool, septic, stucco,
moisture, termites etc.
LENDER
APPOINTMENT:
Hopefully you have already taken care of this!! Get
Pre-Approved for your loan first.
Set up an appointment with your Home
Loan Specialist and be prepared to provide the following
items:
-
W–2 forms or signed 1040 tax
forms for the past 2 years
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Copies of bank statements for the
last 2 months (current and consecutive)
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Copies of the most current and
consecutive pay stubs for the last 30 days
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An appraisal fee of $275–325
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The credit report fee of $55–65
Your Home Loan Specialist will go over
the loan process step-by-step and set your loan in motion.
He/She will order both the appraisal of the property and
your credit report.
SELECT A CLOSING ATTORNEY
Your lender will choose a closing Attorney
for you and provide them with the necessary paperwork.
They have the responsibility to make your transaction
legal.
Prior to settlement, they will do title
work, examine the survey, prepare mortgage documents, and
prepare the real estate closing documents. Post closing,
they prepare packages for mortgage lenders, accounting and
title insurance, file documents with the county, and
release escrows.
PURCHASE A
HOMEOWNER'S INSURANCE POLICY Proof of
homeowners insurance is required at settlement unless you
pay cash and there are no lender requirements. However, it
is still advisable to obtain a policy to protect your
equity. You may choose an insurance company, or we will
provide a referral or a reputable insurance company if you
have not selected one.
TRANSFER ALL
UTILITIES IN YOUR NAME From
closing time forward, you will need to have all the
utilities for the home switched over to your name.
Electric, water, gas, phone, cable tv, trash pick up, and
water and sewage.
OBTAIN
CERTIFIED FUNDS TO CLOSE The title company/attorney should be
able to tell you the exact amount due a few days before
settlement. It is also a good idea to bring your personal
checkbook to settlement.
FINAL
WALK-THRU
It is
done because you now have an equitable interest in the
property. You will be the new owner. You want
to make sure that the home is in substantially the some
condition as the day you purchased it. This is done to
make sure discrepancies found in the home inspection have
been corrected.
SETTLEMENT
Title is transferred,
mortgage documents are signed, and funds are disbursed to
sellers, lenders, and agents according to local
practice.
Go to closing,
and after reading the documents and understanding their
content, sign them. If you have any questions, feel free
to ask the closing attorney to explain it.
Effective July
1, 2000 STATE OF GEORGIA law prohibits Broker from
representing Buyer as a client without first entering into
a written agreement under O.C.G.A § 10-6A et. seq.*
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