Buying a home is a big deal and you need an Atlanta Closing Attorney to protect you in every step of the process. If you’re not careful, you could find yourself in big trouble. Luckily, there are a few key steps you can take to ensure you have the best possible experience.
Invest Atlanta
Invest Atlanta is the economic development arm of the city of Atlanta. It offers multiple homebuyer programs to assist people in purchasing a home in the city. There are also tax subsidies available to real estate investors. The program also promotes available business development incentives.
Invest Atlanta’s biggest investments are in Midtown, including towers remaking the skyline. But the city will also make a significant investment in affordable housing. Mayor Dickens plans to build 20,000 units of “affordable” housing by the year 2030. The city intends to finance over half of this $606 million project with tax subsidies. The tax subsidies will be awarded to 13 developers. The city’s tax subsidy program will provide $342.1 million in tax subsidies to real estate investors.
The city’s development authority approved a huge infusion of public tax subsidies for development projects. This ordinance is aimed at mitigating growing inequities in the city. Invest Atlanta deals represent the largest investment in affordable housing in the history of the city.
Perigon Legal Services
Using the services of a closing attorney in Georgia can be a worthwhile endeavor. A lawyer can help you navigate the treacherous waters of the real estate market. A qualified attorney can help you avoid making expensive mistakes. If you’re considering purchasing a new home, you may want to consider the following:
The small-business tidbits of wisdom may be best dispensed with through a trusted attorney. An attorney can help you avoid pitfalls like allowing your mortgage lender to foreclose your home. An attorney can also help you avoid costly repairs.
A closing attorney can help you close a deal that’s right for you. A lawyer can also help you get the most out of your home sale. For example, a lawyer can help you determine which repairs are worth your while, and which ones are not. You may also want to consult with a lawyer before signing a contract. Having an attorney can help you avoid being ripped off.
Stevens & Stevens
Located in Atlanta, GA, Stevens & Stevens is a firm that specializes in transactional and general practice litigation. With its focus on high-stakes litigation, the firm represents a diverse set of clients including individuals, families and businesses of all sizes. It also specializes in general liability, litigation, real estate, and transactional matters. The firm has a highly experienced trial team that is dedicated to representing clients in the courts of law and advising clients on risk management and franchise relations. Its attorneys are among the top litigators in the Atlanta metro area.
The firm also has an impressive array of other practices, including transactional law, business and corporate law, real estate law, commercial leasing, estate planning and probate, and insurance coverage. Stevens & Stevens has earned numerous accolades, including a prestigious rating of Band 1.0 in Chambers USA: America’s Leading Lawyers for Business and Georgia Super Lawyers. The firm also has several notable lawyers, including Drew McLaughlin, an AV-rated trial lawyer with a reputation for being a seasoned litigator.
Chalana C. McFarland
During the late 1990s, Chalana McFarland operated a mortgage fraud ring from the Atlanta area. She and her gang stole identities and used them to close mortgage loans. They also falsified income and employment information on loan applications. In addition, they recruited straw borrowers, paid them to submit false loan applications, and used their identities as borrowers.
In January 2005, McFarland was convicted on 169 counts of financial crimes. She was convicted of money laundering, bank fraud, and obstruction of justice. In addition to her own criminal charges, several of her co-conspirators were also convicted.
The McFarland ring used straw borrowers to buy Atlanta-area properties. They acquired properties with false appraisals, fraudulently inflated property values, and falsified mortgage loan payments. The fraudulently obtained loans totaled nearly $20 million. The ring also used straw buyers to purchase residential properties.
McFarland’s fraud ring operated from mid-year 1999 through late 2002. It was comprised of more than 100 properties in the Atlanta area. The indictment accuses McFarland of using false borrower information and falsifying income documents to secure mortgage loans. She also submitted false affidavits to cover up her scheme.
