Gwinnett County, Lake Lanier and Hall County real estate and homes for sale in Georgia - Janice Cochran & Associates, REALTORS® Janice Cochran & Associates REALTORS(r) for Gwinnett County, Lake Lanier and Hall County, Georgia real estate - NUMBER1EXPERTS™ Janice Cochran & Associates NUMBER1EXPERTS(tm) for Gwinnett County, Lake Lanier and Hall County, Georgia real estate
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Real Estate Tips
Closing or Settlement >The Settlement

The final stage of a home sale transaction is the time to tie up all the loose ends. The buyer and seller will sign the settlement sheet at the closing, detailing all of the charges that each party has incurred during the sale of the house. It is crucial to go over the sheet for accuracy and to make sure that you understand everything on it before you complete the transaction.

When a contract is negotiated, each side agrees how to divide the loan fees (or points), as well as the other closing charges, such as state or local taxes or escrow fees. Your real estate agent can go over the settlement sheet and help you compare it with your purchase agreement. The seller's charges usually include the brokerage fee, the mortgage payoff, and any charges involved in clearing the title, as well as pro-rated property taxes, payments for termite treatment and escrow for repairs that could not be completed by closing. The buyer's costs include charges for the loan and title searches, insurance and any other legal fees. A good closing officer will go over the settlement sheet line by line, explaining each item and correcting any misplaced charges.

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Real Estate Trivia
Q 
What information does nearly every state in America require the seller of a home to reveal to the buyer?

A 
Most states require disclosure of any existing problems or conditions that could affect the value of the house.
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Janice Cochran & Associates, REALTORŪ, real estate agents and broker for Gwinnett County, Lake Lanier and Hall County Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

Janice Cochran & Associates
The Norton Agency

Lake Lanier, Gainesville, Dawsonville, and Forsyth
Office: 770-534-3666
Cell: 770-605-4858
Fax: 770-534 -3666
E-Mail: jcochran@remax.net

Janice Cochran has been selling real estate in Northeast Georgia for over 28 years has hundreds of satisfied clients! Prior to her career in real estate, Janice worked in marketing for IBM Corporation where she learned a very strict work ethic and the true meaning of respect for the individual. Janice received her Master's Degree in Urban Planning from the Georgia Institute of Technology, and she prides herself in staying involved mentoring new agents and completing new classes in order to keep abreast of the constantly changing real estate market. Janice understands the apprehension and fears her clients feel when they are thinking of buying a home, selling a home, or relocating to a big city like Atlanta. She prides herself in offering you a proven personal marketing plan, patience, understanding, service with a smile, and their promise to you: "No Surprises!".

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