The Perfect Property Podcast: An Atlanta Real Estate Guide

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Summary: 

On this episode of The Perfect Property podcast, Juli talks with Holly Walther of the Holly Walther Lending Team based in Atlanta about refinancing. While there are many negative impacts of the coronavirus pandemic on families and the economy, there has been one beneficial thing that could help homeowners across the country make great strides on their mortgages.

With interest rates as low as the high 2%’s depending on the day, it is in the best interest of many Americans to look into refinancing their mortgages with their current lenders or new lenders. Refinancing can drastically reduce interest payments every month, allowing homeowners to have lower monthly payments or explore reducing their loan terms. Many people are also taking advantage of cash-out refinancing to allow them to take out up to 80% of their home equity as cash for renovations, debt consolidation, or even traveling. 

This is a good alternative to the home equity line of credit (HELOC) that is likely subject to higher interest rates during these economic conditions. A HELOC is a line of credit for a certain amount of money with your property as the collateral at an interest rate of subprime plus a margin. This makes the rate variable, but you only have to pay interest on what you have drawn out.

If you are a homeowner and you have not refinanced your mortgage in the past several months already, you should reach out to a lender to start the conversation about whether this would be a good option for you. The application process is very easy, and it could end up saving you thousands of dollars over the term of your loan. Lenders are there for you to help you reach your goals.

What You’ll Learn: 

·         Why now is a good time to refinance (1:04)

·         What does this current market look like? (2:37)

·         The rates Holly is seeing right now (4:24)

·         What is the refinancing process like? (5:04)

·         What is cash-out refinancing? (7:19)

·         There is no bad time to refinance if you will reach your goals (8:37)

·         Investment properties and cash-out refinancing (9:54)

·         What is a home equity line of credit? (10:55)

·         How to contact Holly (13:23)

 Key Points:
 
 “If you’ve ever watched somebody play ping pong, then you have seen the market.”

“A lot of people don’t realize that the type of property has an effect on your interest rate.”

“We really want to analyze what the consumer’s goals are.”

“We are still in a great strong market where property values are really strong.”

Connect with Holly:

https://hollywalther.com/

404-436-0013

Links: 

Juli’s Email: [email protected]

Juli’s Phone Number: 404-668-8975 (call or text)

The Perfect Property Website. www.theperfectproperty.com 

https://linktr.ee/julistgeorge

Have Questions? Send us a text!

In this episode of The Perfect Property, Juli covers everything you need to know about Radon with
special guests Chandler of the EPA, Derrick of University of Georgia, and Paul of Metro Atlanta Mitigation Company. Juli encourages you to be educated on this important topic and to check your
home for radon if you have not already.
This episode provides valuable information including where radon comes from, common myths, the facts and more. All three guests emphasize radon testing is not something to fear and it is an easy problem to remedy. The key to health is knowing your facts and taking action if necessary.

What You’ll Learn:
● The truth about where radon comes from. (0:09)
● The truth about uranium. (0:22)
● Facts about the dangers of radon. (0:25)
● Juli introduces Chandler, an environmental engineer with the EPA. (1:17)
● Chandler shares her background. (1:46)
● How radon relates to your home. (5:08)
● Juli introduces Derick Cooper, radon educator at UGA. (19:15)
● More myths about radon (25:14)
● Juli Paul from a local radon mediation company shares facts and testimonies from the local area.
(27:32)

Key Points:
“Radon naturally occurs when uranium breaks down to form radon and radon is found in granite.”
“Radon is an invisible, odorless, tasteless gas found in all types of soil all over the world.”
“It’s the second leading cause of cancer behind lung cancer.”
“It wasn’t until the 1980s that we discovered radon to be a problem in homes.”
“One out of every 15 homes has high radon levels.”
“Any home can have a radon problem.”
“Testing is the only way to know your exposure.”
“Any measurement above 4, we recommend you get your home mitigated.”

“In water, radon is mostly a concern in well water. We recommend testing it if you have a private well.”
“Radon risk in water is much lower if you are on a city system.”
“Radon is found in old homes and new homes.”
“It’s much cheaper for anyone doing a new build to install radon mitigation during construction to
reduce radon build up possibility by 50.”
“Granite does release radon but of more concern is radon coming up from soil than granite
countertops.”
“Another myth is we are on a slab so we can’t have radon.”
“Most people haven’t tested for radon while they may have smoke detectors.”
“In Georgia, we have lots of granite which is a high source of radon.”
“No level of radon is safe but radon is everywhere so what level are we comfortable with?”
“Building of condos can have contaminated rock which can increase radon levels.”
“Radon occurs when the pressure is lower inside the structure than outside...so it comes in around
cracks, in the floor, seams, around tubs/ shower, the sides of walls or the wall under the garage/front
porches/pulls/french drains...”
“Test when it’s raining and when it’s not raining.”
“Once it’s in there, it stays in there.”
“The main reason radon is higher in new houses is the construction under the slab (particularly in
Atlanta).”
“Newer houses are supposed to have 4 inches of gravel which gives radon easy access.”
“Older neighborhoods had concrete directly on clay.”

Links:
Juli’s Email: [email protected]
Juli’s Phone Number: 404-668-8975 (call or text)
The Perfect Property Website. www.theperfectproperty.com

Chandler at EPA
Certified Testing: National Radon Safety Board or National Radon Proficiency Program
Website: https://www.epa.gov/radon

UGA radon info
Interactive radon map for state of Georgia and order kits:

https://linktr.ee/julistgeorge

Have Questions? Send us a text!

In this episode of the Perfect Property Podcast, Juli chats with real estate pro Kenny Klaus and Galyn Ziegler of Keller Offers at Keller Williams about the iBuyer programs in the state of Georgia and across the nation. You will learn how it works and the benefits for both the consumer and as an agent.

Both Kenny and Galyn encourage agents to know the ins and outs. In turns they encourage sellers & consumers to explore the option with representation being a key component. 

 What You’ll Learn:

●        Kenny sold $100 million in volume since 2016 and is entering his 11th year of having at least a home sold every single day.

●        About iBuy programs such as Open Door, Offer Pad and Zillow.

●        The benefits of using an iBuy program.

●        The importance of being represented when using an iBuy program.

●        About Keller Offers and how it is set apart from

●        How iBuy operates for both the consumer and the agent.

Key Points:

01:00 Kenny Klaus 

“The ‘i’ stands for instant, internet…wall street type buying.”

“The consumer has spoken and demands choice and options. It’s no different what Bezos has done with Amazon...it’s now hit the real estate business.”  

“It’s a massive opportunity for the agent to run towards this and become the local expert in this space.” 

“An iBuyer is a company who makes an offer on a home instantly using technology with the least friction and most convenience.”  

“When buyers compete, the seller wins.”

“Most people don’t realize they can have an agent to present their home the way it should be presented through the iBuy process.”

“If sellers hire an agent for the iBuy process, the agent can work on their behalf..to negotiate comps, inspection...it’s a big benefit.”

“Going at it alone, the iBuyer doesn’t know they’re being shopped. To get the offers, you have to give accurate data. ”

“Going through an agent means you have someone working on your side.”

“Anytime one entity starts to control the market, it is nervous for the player.”

“Ultimately, consumer demands choice and we now have a choice.”

“As a real estate market, it’s important to be educated in the current market because it has become more of an advisory role...We need to shift with our changing marketplace to become more valuable.”

“To go unrepresented is a risk. The value is in the right agents so the consumer will get the best of the best.”

“We represent the client so we have fiduciary to them.”

39:35 Galyn Ziegler

“Keller offers ensures consumers have a fiduciary in their most equitable source. Most consumers don’t realize they equity they are leaving on the table. We want them to understand that fully.”

“The distinction is in the Keller Offers program is we value the consumer’s right to have representation.”

“Our program puts the agent at the center of the equation to benefit all consumers.”

“Since we’ve been operating, we’ve seen Zillow and OpenDoor’s offers increase for purchase price.”

“We see our program growing into other markets.”

“Zillow is having to push iBuyer marketing.”

“We are doing expansion cautiously keeping what is in the best interest of consumer in mind.”

“The 200K-300K range is where we’re seeing most iBuyer activity.”

“A large pool of these homes go to investors for rental purposes.”

“The relationship can’t be replaced through technology.”

“We encourage agents to lean into offering different programs and products.”

Contact Links:

Juli’s Email: [email protected]

Juli’s Phone Number: 404-668-8975 (call of text)

The Perfect Proper

https://linktr.ee/julistgeorge

Have Questions? Send us a text!

Summary: In this episode of The Perfect Property, Juli hosts two different guests to talk all about elder law and senior move services. These are important topics since the U.S. Census Bureau estimates that a good portion (20 percent) of Georgia’s population will be 60 and older by the year 2030 and this population faces unique challenges when it comes to moving and planning for the future. 

The first guest, Kelly Napier, works with Brandon Napier Elder Law Firm. She explains the differences between two types of trusts: revocable living trusts and irrevocable trusts. She also goes into probate, estate planning, how to protect seniors from targeted scams, and reverse mortgages.

The second guest is Robert Kurth from Senior Transition Services in the metro Atlanta area. As a Senior Move Manager, he explains what someone in his role does to help a move go as smoothly as possible. He also gives listeners valuable advice when it comes to the correct steps to take when moving a senior, whether they’re moving into a community living facility or downsizing into a smaller house.
 
 

What You’ll Learn: 

·         Unique challenges that seniors face (1:00) 

·         Revocable living trusts (2:41)

·         Irrevocable trusts (5:05)

·         What is probate? (7:23)

·         What is the typical age of elder law and estate planning clients? (9:02) 

·         Estate planning (9:41)

·         The difference between guardianship and conservatorship (11:33)

·         Protecting seniors from targeted scams (15:24)

·         Misconceptions about asset planning and estate sales (17:05)

·         Reverse mortgages (19:09)

·         Top three reasons to contact an elder law attorney (21:49)

·         Welcome to Robert Kurth 

·         What does a senior move manager do? (23:12)

·         What unique challenges do seniors have when they move? (24:21)

·         The average age of Robert’s clients (25:11)

·         What are the steps of moving a senior? (26:04)

·         Special certificates and training for Senior Move Managers (28:55)

·         What area does Robert and his company service? (30:13)

·         How Robert got started as a Senior Move Manager (31:24)

·         Compassion and working with emotionally stressed people (36:04)

·         What happens with pets? (36:59)

·         Robert’s experience as a public speaker (37:25)

·         Real estate agents and Senior Move Managers working together (40:52)

 Key Points:
 
 “As elder law attorneys, we help a lot with care transitions.”

“For our elder law work, our average age is around 80 and for estate planning, usually around 55.”

“When you set up a revocable living trust, you want to put all your real estate into it… You can name your checking accounts, you can name all your investment accounts. The only thing that doesn’t go in your revocable living trust are your retirement accounts.”

“Probate is the process where assets that are in the name of a person who is deceased are transferred to someone else. If you have a will, you get to name who that someone else is… If you don’t have a will, the state of Georgia gets to say where it goes. It doesn’t go to the state.”

Th

https://linktr.ee/julistgeorge

Have Questions? Send us a text!

Summary: In this special Halloween episode of The Perfect Property, you’ll hear from three different guests about their experience with creepy properties, haunted houses in Georgia, and ghosts. Whether or not you believe haunted houses and ghosts are real, they give us the creeps! While other states have different rules, Georgia is a “buyer beware” state. This means the buyer and buyer’s agent have to do all due diligence about a property — that includes if there was a murder or kidnapping and other scary events!

 Our host, Juli St George, talks first with Keren Barr who discovered that her house is haunted after moving into it. She talks about the strange smells, noises, and movement that she and her family notice and, in the end, have grown accustomed to. 

Next, we hear from Milt Thomas who intentionally bought a creepy house, complete with baby doll parts, knife marks in the doors, and creepy noises. He has turned it into a museum of sorts and holds special events at this unique property.

Lastly, Juli hosts Boo Newell, who runs Decatur Ghost Tours. Boo tells listeners how she sees and communicates with ghosts and explains the difference between haunted houses and houses with spirits. She also gives basic information about her ghost tours and finishes by offering advice for someone buying or selling a creepy house and anyone doing clearings.
 
 

What You’ll Learn: 

·         Keren Barr’s haunted house (2:52)

·         A house with a mind of its own (3:10)

·         Strange smells in Karen’s house (6:40) 

·         Would Karen have bought the house if she had known it was haunted? (12:23)

·         Animal and spirit interactions (14:50)

·         Milt Thomas’ 100-year-old house in Sparta (20:24)

·         Why did Milt choose to buy a haunted house? (25:52)

·         A writer’s retreat in a haunted house (29:29)

·         Are some people more sensitive to the spirit presence? (31:07)

·       Milt’s scariest story of living in a haunted house (39:35)

·         Boo Newell runs Decatur Ghost Tours and is a published author (43:29)

·         Does Boo believe in haunted houses? (43:53)

·         Boo sees ghosts (44:41)

·         Haunted houses versus houses with spirits (47:48)     

·         Advice for someone buying or selling a creepy house and doing clearings (1:03:35)

“My bedroom door is covered in hack marks from either a knife or a cleaver.”

“In California, for example, you have to disclose if someone has died in the house for three full years. In Georgia, specifically in Georgia, it’s a ‘buyer beware’ state and what that means is that the buyer has to do all of the due diligence to find out about the house. If there was a murder, if there was a crime scene, if there were deaths, if anything creepy was going on in the house, the buyer really has to find that out themselves.”

Links: 

Juli’s Email: [email protected]

Juli’s Phone Number: 404-668-8975 (call or text)

The Perfect Property Website. www.theperfectproperty.com 

to learn more:
www.frognolia.com - Milt Thomas's spirit filled Sparta GA mansion and guest retreat
www. decaturghosttour.com - Boo Newell's Decatur Ghost Tour 
www.boonewell.com - Boo's website for medium readings 
www.ThePerfectProperty.com for all things Atlanta Real Estate 

https://linktr.ee/julistgeorge

Have Questions? Send us a text!

Summary: This episode of The Perfect Property is part two of a discussion with Lisa Myers about cleaning up your credit score. Lisa has over 20 years of experience on the credit side of the mortgage industry and continues sharing tips, tricks, and information in this episode. 

Lisa begins by explaining why it’s so important to have a good credit score, then talks about hard and soft credit inquiries and how many you can have without affecting your score. She also goes over some recent changes regarding medical debt and tax liens and how they impact credit scores. Finally, Juli and Lisa talk about the very important topic of identity theft and how to protect yourself by placing security freezes.

What You’ll Learn: 

·         Why is it important to have a good credit score? (0:15)

·         What about Credit Karma and similar websites? (1:02)

·         Hard and soft credit inquiries (4:09)

·         How many credit inquiries can you have without affecting your score? (5:42)

·         Changes in the last few years and medical debt (6:45)

·         Tax liens removed from credit reports (7:48)

·         Medical debts (10:04)

·         Identity theft (14:58)

·         What is a security freeze and how do you place one? (16:04)

·         Does a security freeze cost money? (17:23)

·         Will a security freeze stop soft pulls and hard pulls? (20:55)

·         A real story of identity theft (21:53)

·         What is the average range for a FICO score? (25:57)

·         Summary of the important points (28:28)

 Key Points:

“A good credit score can mean the difference between renting and owning a home. It can mean the difference between a higher interest rate and a lower interest rate on anything.”

“The only way to know what your FICO score is if you’re looking to purchase something like a home or an auto is to have a lender or a creditor from that industry pull your credit report and your FICO score with it.”

“One of the big changes that did happen… was that they removed all tax liens from credit reports.”

“They’re now saying that medical collections cannot be reported on your credit report until they have been charged off by the creditor for at least six months.”

“A soft inquiry has no impact on your FICO score.”

“A security freeze… provides a freeze on your credit. No hard inquiry can come through. That’s the key.”

“Once you place that security freeze, you will receive a piece of mail from that bureau in the mail that will have what’s called a PIN code that is for you, only for your eyes, and that allows you to unlock your file.”

“The highest that we’ve seen is 847. I’ve never seen an 850. I’ve never seen a perfect 850 FICO score... I think the lowest that we’ve seen was a 336 or something like that.”

“Just because you have some derogatory information showing up on your credit report, it is not the end of the world and is not going to haunt you for the rest of your life.”

 Links: 

Credit Report: www.annualcreditreport.com 

Juli’s Email: [email protected]

Juli’s Phone Number: 404-668-8975 (call or text)

The Perfect Property Website. www.theperfectproperty.com 

https://linktr.ee/julistgeorge

Have Questions? Send us a text!

Summary: In this episode of The Perfect Property, Juli St George talks all about credit scores with guest Lisa Myers. Lisa brings over 20 years of experience on the credit side of the mortgage industry and shares her expertise over two episodes.

Credit can be confusing, but it doesn’t have to be! Lisa starts with the basics of what a credit score is and why there are different scoring models. After, she talks about what negatively and positively impacts your credit score. Lisa also goes over how many cards you should have, how car notes and student loans affect your credit, and how and when you should check your credit report. Plus, parents will want to tune in for advice on how to help their teens establish good credit!
 
 

What You’ll Learn: 

·         What is a credit score? (0:40)

·         Why are there different scoring models? (4:46)

·         What negatively affects your credit score? (5:12)

·         What happens if you close a credit card? (7:36)

·         Opening too many new credit cards at once (9:10)

·         Bankruptcy reported on your credit score (10:34)

·         What positively affects your score? (11:22)

·         How many credit cards you should have (13:10)

·         Car notes and your credit (14:12)

·         What should teenagers do? (15:13)

·         When should parents help their teen establish credit? (17:43)

·         Is a prepaid credit card helpful? (18:50)

·         Student loans and credit (20:39)

·         Pulling a free copy of your credit report (22:52)

·         Why you don’t want a lot of inquiries on your credit report (25:00)

Key Points:

“A credit score is pretty simple. It’s basically just a number that’s attached to you that tells lenders whether or not you have the ability to repay a loan, repay a debt.”

“When it comes to FICO, FICO does like to see that you have one credit card open, and preferably a major credit card, so a Visa, MasterCard, Discover, American Express, something like that. So FICO does like to see that you have one of those cards open, but FICO also really looks at how you use that credit card.”

“The majority of your FICO score makeup is made up of anything reporting in the last 24 months.”

“You do have a grace period. So, if your payment is due on the first of the month, if you pay it on the 15th of the month, that creditor cannot legally report you 30 days late so they cannot report a late date to the bureaus.”

“One major credit card is really all that FICO looks at and attaches some negative factor to if you don’t have one.”

“If you’re having to use all five of those credit cards, then yes, your FICO score can be lower than someone that’s only using one or two credit cards periodically.”

 Links: 

Juli’s Email: [email protected]

Juli’s Phone Number: 404-668-8975 (call or text)

The Perfect Property Website. www.theperfectproperty.com 

https://linktr.ee/julistgeorge

Have Questions? Send us a text!

In this episode of the Perfect Property, Juli chats with powerhouse real estate investor, Courtney Newton.  Courtney, a self-professed aggressive real estate investor has done an abundance of investing in the Atlanta market.  Courtney has been in the real estate business for over 17 years, has her MBA, and is currently the President of Cobb County Association of Realtors.  

Juli and Courtney encourage women to get out there and invest in their future through real estate.  They provide practical ways and anecdotes to accomplish these real estate goals.  

 What You’ll Learn:

·         How Courtney got into investing and real estate.  

·         How to identify your big goal and big why.  

·         Return on traditional investments versus real estate investments.

·         The biggest lessons and challenges of owning secondary or multiple properties. 

·         How to determine parameters of property buying. 

·         How to make short term/vacation rentals (Airbnb, VRBO, etc.) work for you. 

·         Proper expectations for beginners. 

·         What to do with the earnings from a property.  

·         The importance of women investing in real estate and how to get started.  

·         Is now a good time to invest?

·         How to turn your current home into a rental property and upgrade the home you’ll be living in.  

·         Is it time to refinance your home and put that money towards a rental property?

·         Advice to women who spend money on the latest trends. 

 Key Points:

“Experience and exposure usually dictate who we show up as.”  

“There is no bad time to start.” 

“It’s nice to have a well-rounded portfolio.  It’s good to have things in different pie shapes around the circle of your entire portfolio.  But, certainly, real estate should be part of it, in anybody’s portfolio.”  

“The biggest lesson out of the gate is to not get in your own way.  I think sometimes we can overthink what we are trying to do…”

“What a lot of folks don’t realize is you can buy a second home with 10% down on an owner occupant rate, not an investment rate, and it doesn’t require the 20% down that typically an investment property does.”

“My super simple rule of thumb is [to make] $350 or better a month [on a property].”  

“Naturally women are in this mindset of safety and security.  If you are that woman, just understand that real estate is a very safe investment.”

“At the end of the day [you say] ‘I’m taking control of my future, my family’s future.’”

Links:

Juli’s Email: [email protected]

The Perfect Property Website. www.theperfectproperty.com 

Courtney Newton’s Website:  www.courtneynewton.com

https://linktr.ee/julistgeorge

Have Questions? Send us a text!

Summary: In this episode of The Perfect Property, Juli talks again with CPA John Mangham. John, known as “The 1031 Guy,” has been in real estate in Atlanta since the mid-80s. He’s an expert on the topic of this episode, which is buying or selling properties using 1031 exchanges. If you’re not sure what a 1031 is, it allows you to sell investment properties to reinvest and potentially save money on taxes!

As John discusses, there are four essential elements to a 1031 exchange: tax savings, investment property, time frame, and equal or greater value. He goes into detail on these four requirements and covers what qualifies as an investment property, how to understand the “equal or greater value” rule, and what exactly “like kind properties” are. John also talks about what you need to know about doing 1031 exchanges in different states. 
 

What You’ll Learn: 

·         Who is the audience? (0:49)

·         The four essential elements of a 1031 exchange (2:55)

·         What qualifies as an investment property? (9:57)

·         The “equal or greater value” rule of a 1031 exchange (13:47)

·         What are “like kind properties?” (15:31)

·         Selling and buying in different states (19:41)

·         Review of the four essential elements (22:12)

·         One thing investors need to know about 1031 exchanges (23:18)

·         How to contact John and talk about 1031 exchanges (25:19)

Key Points:

“Our audience would be anybody who owns real estate that is not their residence or a pure vacation, personal use property. It’s properties that they’ve invested in and they may have inherited the property, they may have received it 10 or 20 years ago, they may own it in conjunction with siblings… There’s a big gain in those properties. So, when we look at our audience, it’s the investor and even people who don’t think of themselves as investor.” 

“The average 1031 exchange will start and complete in 62 days.”

“From closing you have 45 days to pick out what you’re going to buy.” 

“If there’s one practical piece of advice that I give everybody in dealing with these time periods: start shopping. Shop early, shop often, and start shopping before today, before today’s closing.”

“If we have a rental house and its been rented for a year or more, a couple or a few years, that starts to completely comply with the rental definition, the ‘held for investment requirement.’ Also, do you have multiple properties?... All of that sets the pattern that you’re an investor.”

“A vacation home, in and of itself, if it’s purely personal use, if it’s only a property that you and your family go to, the vacation home won’t qualify for a 1031 exchange.”

“Equal or greater is if you want to save all the taxes. If you go slightly under, it’s not the end of the world. In fact, if it’s a really killer deal, then I would suggest that’s the way you ought to do it.”

“When we say ‘like kind,’ you can interchange ‘like kind’ and ‘investment property’ because that’s really what all of this talks about.”

“Because it’s federal tax law, the 1031 exchange applies anywhere in this country.”

Links: 

John’s Phone Number: 404-352-1031

John’s Email: [email protected]

Juli’s Email: [email protected]

Juli’s Phone Number: 404-668-8975 (call or text)

The Perfect Property Website. www.theperfectproperty.com 

https://linktr.ee/julistgeorge

Have Questions? Send us a text!

Summary: In this episode of The Perfect Property, Juli St George chats with Atlanta Real Estate Attorney Harold Hudson. Harold is a closing attorney at Hudson Law Firm and, with 31 years of attorney experience in Atlanta, Harold brings lots of expertise to the podcast! He and Juli talk about the role of a real estate attorney and closing attorney in a real estate transaction.
Harold explains what a “cloud in title” is and goes over some issues that often come out in a title exam. He also talks about what happens in Georgia when someone doesn’t pay their mortgage as well as the importance of having a will if you own property. Finally, he and Juli discuss the important and dangerous issue of wire fraud and some safeguards against it.

What You’ll Learn: 
•The role of a real estate attorney (0:24)
•Issues that come out in a title exam (1:40)
•Title insurance and why you need it (5:17)
•How much is a title insurance policy? (8:44)
•What are “clouds” on titles? (10:48)
•What happens in Georgia when someone doesn’t pay their mortgage? (13:13)
•The importance of having a will when you own property (15:25)
•Wire fraud (20:57)
•Safeguards against wire fraud (27:22)
•Tricky closings (28:17)
•How long is a typical closing and how much does it cost? (31:07)

Key Points:
“Title insurance is almost like uninsured motorist coverage… If somebody hits you and it’s their fault and they don’t have enough insurance, you’ve got some of your own insurance. And that’s exactly what you’re doing when you buy title insurance.”
“Title insurance is a function of the purchase price.”
“If you’re going to borrow money from a bank or a mortgage company to buy a house, that company (the lender in the transaction) always gets title insurance for themselves. It’s called a lenders policy.”
“The more expensive the house, the more expensive your owners title insurance policy is.”
“A cloud is really just sort of an industry term for an issue that comes onto the title, some type of title defect or a cloud. Those terms are used interchangeably.” 
“In Georgia we have a process of foreclosure that is called nonjudicial foreclosure.”
“And so what happens in Georgia is that first Tuesday of the month in every county in the state of Georgia there’s a foreclosure sale at the county courthouse steps. And so the property is sold at the foreclosure sale and the money from sale is used to pay the loan off.”
“These criminals, what they’re doing is they’re sending out these fake instructions… They find out when the real estate transaction is going to close and a few days before that closing, they send a bogus email… And they say, ‘Okay you’re going to have to pay $5,000 for your closing. Go ahead and send us the wire so we can get this thing done.’”
“Having an agent instruct you on how to deliver wiring instructions or how to deliver the wire itself and having a savvy agent that can warn you at appropriate times during the transition process really really helps.”
“A lot of buyers don’t understand that it may not be a really super happy event for a seller.”
“We give bottles of champagne as part of the celebration to the buyers, the sellers, to the buyer’s agent, the seller’s agent, and the loan officer when they come to the closing. So, it’s a happy occasion.”
“A typical closing is about an hour, about 60 to 70 minutes.”

Links: 
Juli’s Email: [email protected]
Juli’s Phone Number: 404-668-8975 (call or text)
The Perfect Property Website. www.theperfectproperty.com 

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