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    Atlanta Foreclosures - The Home Buying Process
    by Eric Mabo


    If you want to buy a home, especially one of the Atlanta foreclosures, you must follow a certain process or you meet a real estate agent or the home seller to advise you on what to do. People some times look at the home buying process to be easy, but can somehow complicated, if you don't do things the correct way. The buyer can also register with real estate companies that sell homes, stating with them the type of home needed, the amount of money in hand or the mortgage amount that they qualify for, the area or location of the home needed, etc.

    The buyer of a home needs to know his/her rights, if the buyer doesn't knows the rights, then he or she can meet a home or house counselor , who is going to help you if you were to borrow or do predatory leading.

    Many people will always like to buy homes, but they will not have enough funds to buy the home. So, if you are not having enough funds, you can ask for a loan. That is, by talking to several loan providers or lenders, also compare the costs of interest rates of the different lenders, and choose the lender who is going to ask the lowest interest rate.

    As we said above, if you are searching for a home to buy, you can contact a seller or a real estate agent who is going to tell you what to do. Make sure that you review a copy of the HOA bylaws before you buy a home in subdivision, so that you can review before closing. You need to go to the neighborhood and talk to your future neighbors.

    To make an offer, discuss the process with the real estate agent, so as to come to a compromise and hen submit your offer to the seller. If the seller meets with your offer, you may need to negotiate with them until you all agree on the terms of sale. After that then you can put the house under contract.

    The home inspector also has a great role to play when it come to the process of buying a home. After the offer of the buyer has been accepted by the sell, is now the place of the home inspector to go and inspect the home. If the home will need much repairs or not and if the location is good. Make sure that you pick a reputable home inspector, preferably one from one of the state association of homes inspectors.

    After the home is inspected by the home inspector, you can now ask for home owners insurance, because it will be needed by the lender. Always shop around to get the cheapest home insurance policy possible. So one should be made.

    At the end of the transactions you will be needed to sign some documents at the closing table. Make sure you go through the documents carefully before you sign. Ask your closing attorney to fax the closing documents to you one day prior to closing and consider giving them to your personal attorney to review before you sign. Remember that the closing attorney represents the lender in most transactions.

    Eric Mabo is an Atlanta foreclosures Expert. He helps people find real estate deals.

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