Georgia real estate: buy or sell with a local AXEN agent
Georgia closings are run by attorneys, most contracts have a paid due diligence period, and property is taxed on 40% of its value. Here is what is the same everywhere in Georgia, and our local guide for each city.
Georgia cities we cover
Each guide covers the local neighborhoods, costs and rules for that city.
What every Georgia buyer and seller should know
Attorney closings
A licensed Georgia attorney conducts the closing. The closing attorney usually works for the lender, so ask who represents you.
Due diligence period
Most Georgia contracts give the buyer a set number of days to inspect and back out for any reason, often for a due diligence fee paid to the seller.
Transfer tax
The state transfer tax is $1 per $1,000 of price. Sellers usually pay it.
Seller disclosure
Georgia has no required statewide disclosure form, but most sellers fill one out, and sellers may not hide known defects.
Property tax
Homes are assessed at 40% of fair market value, and owners who live in the home can apply for a homestead exemption.
Inspections
In older intown homes, add a sewer scope to your inspection.
AXEN Realty in Georgia
Every AXEN agent in Georgia works under a licensed managing broker: Laura Nerbonne (license 82481). See every state on the state brokers page.
Buying? Start with the home buying guide and get pre-approved.
Selling? Read the home selling guide and get your home value.
Moving here? Read buying in a new state.
Georgia real estate questions
What is a due diligence fee in Georgia?
A fee the buyer pays the seller for a set period to inspect and back out for any reason. It is usually credited at closing if you buy, and usually not refunded if you walk away.
Does Georgia require an attorney at closing?
Yes. A Georgia-licensed attorney must conduct the closing. Ask whether that attorney represents you or the lender.
How is property tax figured in Georgia?
The county assesses the home at 40% of its fair market value and applies the local tax rate. Homeowners who live in the home can apply for a homestead exemption.
Does it cost anything to talk to an AXEN agent in Georgia?
No. Talking with an AXEN agent about buying or selling in Georgia is free.