Category: Real Estate
If you have been in the home buying market in recent years, you may have had this very thought. After all, home buying is more high-tech than ever, and, contrary to popular belief, millennial homebuyers make 34% of all home purchases (that’s the largest share of homebuyers out there). If there is one thing I know about millennials: it’s that they love to do research, and homebuyers are doing a lot of the legwork themselves that would traditionally be done… Read More
What does your home say? Not just what does it say about you, but what does it have to say on its own? If you were to take photograph or a video of your home, does it set a certain mood? Evoke particular emotions? Is it spooky? Grand? Elegant? Eclectic? Historic? Run-of-the-mill? If so, your house might be ideal for a movie set. Location scouts are always on the lookout for locales that evoke a certain feeling or match a… Read More
You know Airbnb as the company that revolutionized travel around the world by making home-sharing easy. You have probably also heard about the big waves the $38 billion company has caused in the hotel industry, sparking legislation and regulation throughout the US. But have you heard about Airbnb’s latest project? There could be big things coming in 2019. Airbnb: Home-Sharing AND Home-Building? In November, Airbnb’s co-founder Joe Gebbia announced a new project called Backyard, “an endeavor to design and prototype… Read More
If you are a first-time homebuyer, you probably have noticed that there is a whole language that you have to learn as a homeowner. We promise, it gets easier, but it can be a huge help to get some background information on the lingo you’ve been hearing. To that end, Brian M. Douglas & Associates wants to help get you started on the right foot with a little Homeowner 101. Today’s lesson: what is an escrow account? Escrow, Defined The… Read More
Selling your home can be a stressful time. The pressure is on and it feels like any small hitch could derail the whole process. In fact, it often can. Twenty-five percent of all home sales are delayed during closing due to an unexpected obstacle. Your real estate agent may have seen it all before, but they don’t necessarily have the legal expertise to resolve some of the tougher issues. If you are in the process of selling your home, likely… Read More
As we near the end of the year, we draw closer to another tax season. If you are a homeowner in the State of Georgia, you are likely very familiar with the season of property assessments and taxation. However, you may not know as much about your homestead exemption. In the State of Georgia, there are special benefits conferred to properties that qualify as homesteads. We have written extensively about the Georgia Homestead Exemption here, but we wanted to provide… Read More
Where You’ve Heard It Before If you are interested in wholesaling real estate, you have likely seen advertising for real estate wealth building seminars pretty much everywhere. If you are already in the business, you may have even attended one. While some seminars are giving out good, accurate, and transparent information, others are peddling dishonest or incomplete information shared to make real estate investing seem much simpler and much less costly than it really is. At Brian M. Douglas &… Read More
Throughout the country, the real estate industry is booming. As the industry continues to grow, more homeowners are investing in rental properties. These investment properties can generate stable, long-term income for the property owner and generate a number of other financial benefits. Renting out your property is a business transaction, and as with any business deal, it is important that you protect yourself and your investment. If you are interested in investing in a rental property, or if you already… Read More
In the State of Georgia, there are special benefits conferred to properties that qualify as homesteads. Only homeowners can receive the benefits of a homestead property, and these benefits are only available if the home is the owner’s legal residence as of January 1 of the taxable year. There is an exception to the primary residence rule if the homeowner was away from home during the year due to health reasons. What is the Georgia Property Tax Homestead Exemption? If… Read More
When you are closing on a sale to buy real estate, the title company or law firm handling the transfer may ask you how you want to take title to the property. If you are not prepared for this question or do not have a lawyer reviewing the documents, this can be a stressful moment that has long-lasting implications. Are There Any Encumbrances on The Land? Before you choose how you want to take title to your new property, you… Read More