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Home Buying in Greensboro : Real Estate Advice

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  • Local Info3
  • Home Buying6
  • Home Selling0
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Activity 9
Mon Mar 6, 2017
Susie Kay answered:
It depends on how the contract is written. Where's your realtor? I would suggest that you discuss this with her/him.
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Thu Nov 10, 2016
Alan May answered:
The only appraisal that matters is the one that the buyer's lender contracted. The purpose behind that appraisal is to make sure that the property has the value that the buyer has agreed to pay (or higher). If it doesn't, it's possible that the buyer may have to come up with more money.

An appraisal that the seller may have ordered, prior to the sale, let's say for a re-finance, is a totally different appraisal, with a totally different agenda, and they tend to be a little looser.

A $50,000 difference, is a large difference if the property is a $200,000 property, but not so much if the property is a $1,000,000 property. And just like Realtors, each appraiser will come up with a slightly different number, having approached the comps with a different eye.

Good luck to you.
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Tue May 6, 2014
Larry Bowers answered:
Harbor Club is a wonderful, close knit neighborhood with a great sense of community! It has wonderful amenities, a great golf course and, of course, a beautiful setting alongside Lake Oconee. And, as with most of the gated neighborhoods surrounding Lake Oconee, it is the perfect time to be a buyer of real estate in the area. For now, interest rates are at historical lows and there are plenty of homes and property available. You have many options to choose from, at virtually every price level. The current market will not last forever, so the timing may never be better! ... more
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Sat Mar 29, 2014
tanya ansley answered:
Can out door structures be built by homeowners in The Landings? Say and out door shop behind a home? Is this permitted?
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Sat Jul 27, 2013
Alan Kent answered:
This home was purchased years ago and restored. It's a very unique property located out in the country in Penfield just above Greensboro.
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Wed May 15, 2013
Pat and Ed Okenica answered:
It depends on the lot location and the Georgia Power set back. As a rule, you can build at least 100 ft from the water's edge in most counties. If the set back line is futher back from the lake than that, you would need to position your house behind that line. If you need further explanation, please contact me.

Pat Okenica, 706-817-9314
RE/MAX Agents - Lake Oconee
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Mon Jan 7, 2013
Jim and Suzie Hudson answered:
Ann - here are the websites for the private schools in the Eatonton/Greensboro area: www.nathanealgreeneacademy.com; www.gatewoodschool.com; www. athensacademy.org. Hope this helps.


Jim Hudson
RE/MAX Agents Realty Lake Oconee
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Wed Feb 2, 2011
Lori Beardslee answered:
If a lender like myself was involved we would send a Verification of Deposit which is a lender form which verifies funds for the closing. Since this is a cash sale, all you need is for the depositor to write a letter and confirm the balance of funds in the account sufficient to purchase the home and have them state that these funds a liquid. The Buyer should request this, and may have to sign an authorization form with the stockbroker in order to obtain this letter. Not unusual at all, it is just that Fannie Mae wants to confirm that your client indeed has sufficient funds to purchase this property in cash. ... more
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