In 2009, there were 4,000 new homes started and 14,000 sold. At the end of 2009, there were 13,438 units of new-home inventory in metro Atlanta. Seven out of the top ten top-selling residential communities were in north metro Atlanta. Consequently, the pending shortage of new homes is going to be more pronounced in this area. read more...
The Real Estate Settlement Procedures Act of 1974 (”RESPA”) became law on June 20, 1974. RESPA is a law passed to try to protect consumers in real estate transactions involving “federally related mortgages.” The Department of Housing and Urban Development enforces RESPA by issuing regulations and then enforcing those regulations. Section 9 of RESPA states, “[n]o [...] read more...
Real estate ownership has costs associated with it. When I close real estate transactions, one of my jobs is to explain to the borrower how the debits and credits associated with the closing break down and ultimately determine whether or not money needs to be brought to the closing. Two of the particular fees that [...] read more...
At Craig Long we provide a level of service and quality of execution in our real estate closings that ensures a distinction in the marketplace and repeat business.
