Posts from April 2021
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Natural Disasters and Real Estate
What happens if a property that you are buying or selling is destroyed? With the recent tornado that destroyed parts of Newnan, some of you may be wondering this. Hopefully, this is not your current situation.
Most Realtors here use the Georgia Association of Realtor (GAR) Forms for contracts. The purchase and sale agreement specifically has language dedicated to this situation. Section 3C of this form states:
Risk of Damage to Property. Seller warrants that at the time of closing the Property and all items remaining with the Property, if any, will be in substantially the same condition (including conditions disclosed in the Seller's Property Disclosure Statement or Seller's Disclosure of Latent Defects and Fixtures Checklist) as of the Offer Date, except for changes made to the condition of Property pursuant to the written agreement of Buyer and Seller. At time of possession, Seller shall deliver Property clean and free of trash, debris, and personal property of Sel...
2
Easter 2021
It is so wonderful to be approaching spring after a long winter. The grass and trees are coming out, and warmer weather is on the way.
Spring is our best real estate selling time of the year. People are ready to get out and enjoy the outdoors. Many are being planting beautiful things in their yards and many are gardening, fishing, biking, playing baseball or golf, hiking or just plain walking in God's wonderful creation.
How one cannot enjoy spring is hard to understand. Maybe it is the pollen, which is the only negative to many of us at this time of year.
This time of year, people start looking for homes, land and home on land. With the market so strong, it is a great time to be a seller, conversely, the interest rates are low, so it is a great time to be a buyer.
All of us at Lindsey's, Inc., look forward to being of service to you, our clients and customer. We a...
2
CAT 4 Tornado and the City of Homes
Our thoughts and prayers are with all who have been adversely impacted by the CAT 4 Tornado that struck our beautiful City and County of Homes.
As I walked down LaGrange Street, Greenville Street, Alpine Drive, Woodbine, East Broad Street and Hollis Heights over the weekend, one thought came to me. We really are Newnan Strong, and everyone is pitching in and helping those in need. There has been such an outpouring of support that we cannot stress enough the wonderful fabric of our community.
The magnificent trees are gone, and blue tarps are everywhere along the storms path, but there is an optimism and a determination to build back and make things even better than they were before. It will take time, but the scars will heal.
One miracle is that only one person died during the storm. The EMTs could not reach Barry Martin in time due to the obstacles caused by the storm, and we lost a very fine man. Saying all that, with the killer tornado being a CAT...