Home Buyer FAQs: What You Need to Know About Closing Day

man with key closing on houseClosing day is an exciting moment for home buyers; after all, it’s when you officially receive the keys to your new home! However it can also be a source of worry, especially for first time home buyers who are unfamiliar with the process. To help you head into your closing with confidence, we have gathered some answers to common closing questions, with the help of real estate lawyer Scott Mills, Esq.

Must I use a closing attorney?

In short, yes. It is legally required to use a closing attorney in the state of Georgia because transferring a title is considered to be practicing law.

How long does it take to close on a house?

In cases where there are no problems with the title, you should be able to close within a week. However, the actual closing usually takes no longer than an hour.

Will I be able to read all of the closing documents before signing them?

Yes, if you request that your lender provides you with the closing documents ahead of time. Sometimes you will need to ask repeatedly for the lender to do so. Once they are provided to the lawyer the buyer and seller can review them.

What happens if I don’t bring the right amount of money to the closing?

If you end up bringing too much money to your closing, the closing attorney will write you a check for the difference. If you bring too little money, most attorneys will accept a personal check for the difference; however the maximum amount accepted by check can vary from lawyer to lawyer according to their risk tolerance. Erring on the side of too much is better than not enough.

Whether you are a first time home buyer or a seasoned pro, having an experienced real estate agent on your side can make the home buying process smooth and stress-free. The Wolfert & Wrenn Real Estate Team with Keller Williams is here to help you with all of your Marietta real estate needs, so contact us today!

Photo by stockimages via FreeDigitalPhotos.net

Ask a Home Inspector: Tips for Buyers

magnifying glass inspecting house

At Wolfert & Wrenn Real Estate Team, we know that becoming a homeowner is an important milestone in life and a major financial investment, and we love helping our clients find the perfect home! There are many things to consider when choosing a house, but one of the most important deciding factors is undoubtedly the structure of the home itself, which is why it is vital to hire a home inspector.

Charming architectural features and lovely landscaping can make you fall in love with a house, but none of that matters once you move in if you’re too busy dealing with a termite problem or other structural issue to enjoy it. Since most people don’t have the knowledge to thoroughly evaluate the state of a home, hiring a home inspector is a routine (and strongly recommended) part of the home buying process. Read on to learn more about what to expect from a home inspection, from local home inspector Scott Berlyoung with Alpha Home Services.

What is involved in a home inspection?

An ASHI (American Society of Home Inspectors) inspector will do a visual inspection of the home’s structure, lot, and all major systems, like heating and air, electrical, plumbing, etc. The inspection usually takes half a day (about 4 hours) although this can vary depending on the size and age of the home. Multiple HVAC systems or kitchens could require a longer inspection, while brand new homes may not require more than a couple hours of inspection.

Can the inspector repair the problems?

No, a home inspector cannot repair any of the problems found in a home, as that would be an inappropriate conflict of interests. If you need to find a contractor or other home repair service, contact us and we will be glad to recommend trusted local companies.

How much does a home inspection cost, and when do I pay?

The cost of a home inspection will vary depending on the size of the house and other factors that could require extra time and attention. $350 and up is typical for most Atlanta home inspections. The inspection fee is usually due at the time of inspection.

Photo by ddpavumba via FreeDigitalPhotos.net

 

Atlanta Real Estate Ranked Most Affordable in Nation

home prices in north Atlanta real estateIf you’re considering making the leap to home ownership, you’ll be glad to know that Atlanta real estate has been ranked the most affordable in the nation! According to a study by Interest.com that compared home prices, mortgage rates, and income levels, home ownership is much more accessible in Atlanta than in any other major American city.

Atlanta home prices rising, still affordable

While the home prices in Atlanta have risen almost 39% in the last year, the median home price for Atlanta is still just $143,300, compared to the national average of $203,500. Considering the quality of the homes for sale in Marietta, Roswell, Kennesaw, and elsewhere in north Atlanta, it’s clear that Atlanta home buyers can get considerably more bang for their buck than home buyers in other cities.

What makes Atlanta real estate affordable?

There are a number of reasons why Atlanta real estate is so affordable, including:

  • Higher-than-average median income- Median household income in metro Atlanta is 6% higher than the national average.
  • Lower-than-average property taxes- Property taxes can definitely add up, but Atlanta homeowners don’t have to shell out as much as other American homeowners. Marietta property taxes are the lowest in metro Atlanta, just one more reason why homes for sale in Marietta are a hot commodity!
  • Land availability- Unlike many major cities, Atlanta has no natural boundaries to contain it, which means there is an unlimited supply of land for expansion and development outward from the city. The abundance of land and consequent low prices mean that houses are also less expensive.
  • Building materials- Thanks to Georgia’s natural resources, building materials like wood and brick are plentiful, which makes quality home building more affordable.
If you are searching for the perfect home in Marietta, Roswell, Kennesaw, or other north Atlanta areas, you need the help of experienced Fulton and Cobb County real estate agents. That’s where we can help! Contact Barry Wolfert and Lisa Wrenn today to get started with your home search. 
 

Photo by renjith krishnan via FreeDigitalPhotos.net

Awesome 5 Bedroom + Media Room Home For Sale in Acworth GA at 2111 Hollowbrooke Way

2111 Hollowbrooke WayGorgeous brick home on cul de sac with everything!! Covered, rocking chair porch, coffered ceilings, hardwoods throughout main, open floor plan. Awesome kitchen with granite counters, cherry cabinets and island, double ovens. Huge finished basement with bar, exercise room, playroom and more. Fenced, private backyard and patio with playset. Bedroom on main level; Large master with sitting area and huge upgraded master bathroom with large walk-in closet; 3 HVAC units. R&R termite bond. Tons of space. Great subdivision & schools. Don’t miss out on this amazing opportunity.

Get more information on 2111 Hollowbrooke Way, Acworth, GA 30101.

 

Best Places to Live in Atlanta: Roswell Named One of the Hottest Areas

downtown Roswell GAIf you’re ready to buy a home, choosing the right area can be tricky. There are many options in North Atlanta real estate and each area has its own unique personality, but according to a recent survey of top Atlanta real estate agents, the hottest neighborhoods in the Atlanta area are Roswell and Smyrna. What makes Roswell so great? Read on to find out.

Roswell earned the top spot among Atlanta areas for a number of reasons, including that age-old real estate mantra- location, location, location! While Roswell is considered a suburb of Atlanta, it is situated near Georgia 400, providing convenient access to downtown and allowing residents to enjoy the best of both worlds.

Roswell GA parkRoswell is great for families, with many of the area’s most highly-rated public schools. Demand in the area is understandably high, with Roswell real estate inventory shrinking and sale prices increasing. Single family homes listed for $200K to $300K tend to sell quickly, and sellers often receive multiple offers.

But aside from location, schools, and property values, you’re probably also looking for some personality. Your new home should be in a community that is fun and vibrant, with plenty of opportunities to eat, drink, shop, and play. That’s where Roswell really shines. Historic Downtown Roswell is home to lots of excellent restaurants, bars, and shops, all with a hip, youthful vibe. The city hosts many events, offers plenty of historic and cultural points of interest, and is home to some truly beautiful parks.

For more information about buying a home in Roswell, GA contact me, Barry Wolfert, Associate Broker at Keller Williams Realty Consultants. As an experienced and professional Realtor within the North Atlanta real estate market, I can help you find a great home that fits your lifestyle. To see Roswell homes for sale, head over to my listings page

Cobb County School District Kindergarten Registration 2013-2014

kindergarten_registration

Kindergarten Registration
Begins March 27, 2013

 

Cobb elementary schools will be registering all new kindergarten students for the upcoming 2013-14 school year on Wednesday, March 27 from 8:00 a.m. – 11:30 a.m. Georgia law requires that kindergarten students be five years old on or before Sept. 1 and first grade students must be six years old on or before Sept. 1 to be registered.

To find out what school your child will attend, check the CCSD Bus Routes system. The District website includes complete registration requirements.

 

Fantastic Home For Sale in Alpharetta at 2280 Winthrope Way Drive

Lovely, well kept home with low maintenance cement siding in friendly pool community.  Two story entry and great room plus hardwoods on the main.  Master bedroom has sitting area and try ceiling.  Large, fenced, private backyard with deck.

2280 Winthrope Way Drive, Alpharetta, GA 30009
 

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Lakeside Roswell Home For Sale at 40 Mill Pond Road

40 Mill Pond Rd

 

 

Check out this lovely, lakeside home in the heart of Roswell.  3 bedrooms with the master on the main plus two bedrooms upstairs.  Located just minutes to GA 400, Alpharetta Highway and Roswell Square.

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