Navigating the complex landscape of real estate transactions can be overwhelming, particularly when safeguarding your estate against fraudulent practices. As a seasoned real estate professional specializing in probate properties and estate sales, I recognize the importance of protecting your assets and ensuring peace of mind.

Safeguarding Your Estate: Understanding SB 90’s Impact

I’m excited to share insights into the recent legislative development, SB 90 (Act), which aims to enhance protections for Georgia homeowners involved in commercial financing transactions. This legislation, passed by the Georgia legislature and awaiting Governor Kemp’s signature, marks a significant step forward in combating fraud and deceptive practices within the real estate industry.

What is SB 90 and How Does It Protect You?

Understanding SB 90:

SB 90 introduces stringent requirements for commercial financing transactions, including mandatory disclosures and prohibitions against deceptive broker practices. It aims to empower homeowners with essential tools to make informed decisions and safeguard their estates from potential exploitation.

The Key Benefits of SB 90 for Georgia Homeowners

Key Benefits of SB 90:

1. Enhanced Transparency: The Act mandates comprehensive disclosure requirements, providing homeowners with crucial information about the terms and costs associated with commercial financing transactions. From total funds provided to payment details and prepayment options, SB 90 enables informed decision-making.
2. Protection Against Fraudulent Practices: SB 90 establishes clear broker guidelines, prohibiting advance fees and deceptive representations. By holding brokers accountable and safeguarding against fraudulent practices, this legislation helps mitigate risks and protect homeowners’ estates.
3. Peace of Mind: With SB 90 in place, Georgia homeowners can rest assured that their interests are prioritized and protected. By aligning the real estate industry with ethical standards and regulatory oversight, this Act promotes trust, transparency, and peace of mind for all parties involved.

Contact Us:

As your trusted real estate advisor, I’m here to guide you through the complexities of probate properties, estate sales, and commercial financing transactions. Whether you’re a first-time buyer, a senior homeowner, or facing probate challenges, my expertise and personalized approach are tailored to meet your unique needs and protect your estate every step of the way.

To learn more about SB 90 and how we can safeguard your estate against fraud, please contact me.

Stay informed and empowered as we navigate the evolving landscape of real estate transactions together.