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GEORGIA AN ATTORNEY STATE
Investor Friendly Attorneys generally take care of closings.
Conveyance is by warranty deed. Security deeds are the security instruments.
Foreclosures are non-judicial and take little more than a month because there’s a power of attorney right in the security deed. Foreclosure advertising must appear for 4 consecutive weeks prior to the first Tuesday of the month; that’s when foreclosure sales take place.
Georgians use ALTA title insurance policies, including owner’s and lender’s, and they use binders and endorsements.
Buyers pay title insurance premiums and also closing costs usually.
Sellers pay transfer taxes.
Property tax payment dates vary across the state.
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