Should domestic couples obtain a deed by joint tenants or tenants in common. A joint tenancy will be valuable to a domestic couple. Why? If the domestic couple has a will, that is fantastic. If the will is challenged, then transferring the property could possible be problematic. If one of th
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09/03/2007
Joint tenancy with right of survivorship A few things I wanted to add from my previous post. First the language to create a JTWROS is very specific. A Georgia attorney in the warranty deed or quit claim deed or limited warranty deed must use the language "to A and B as joint tenants with the ri
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09/03/2007
If a seller of a home currently has a FHA or VA loan, it is possible for the buyer to assume the loan of the seller at the rate of the seller. The seller should obtain a complete release from liability from the FHA lender. The new buyer will need to be approved prior to the assumption. So for e
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09/03/2007
Question:What does it mean when during a refinance I am told "we are doing a short pay"?Answer:This is about the prepaid interest that accumulates during the month. If your refinance funds on the first, then there is no interim interest. If it funds on the second, then usually you can pay an ex
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09/02/2007
Joint Tenancy with the Rights of Survivorship, what is this? When you and someone else close on a home in the state of Georgia, most likely you will get the property as tenants in common unless you request joint tenancy. There are other types of tenancies, but these are the most common.Joint tena
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09/02/2007
We have been asked recently by brokers and investors putting their property into LLCs do they need a registered agent in Georgia if they live out of state. Others have asked when they live in Georgia. Here is something a put together for that. What is a Registered Agent?What is Service of Pr
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09/02/2007
I have heard many questions lately about earnest money disputes from the person holding the money. What to do, what to do? I wrote a small piece on this earlier this year that I will copy below. But in general, you should work it out. Only the unreasonable go to court, but at some point you ca
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09/02/2007
