Duluth, GA

On May 20, 2009, President Obama signed into law the Helping Families Save Their

Homes Act of 2009, which includes Title VII, Protecting Tenants at Foreclosure Act

(the "Act"). The Act provides that in the case of any foreclosure on a federallyrelated

mortgage loan or on any dwelling or residential real property, the party

taking title to property pursuant to the foreclosure ("Foreclosing Party") assumes

the property subject to the rights of any bona fide tenant. If the Foreclosing Party

wishes to evict the tenant, the Foreclosing Party must provide the tenant with 90-

days notice to vacate. However, if a bona fide lease was entered into before the

date of the foreclosure, the tenant has the right to remain at the property until

the end of the lease term, except that the lease may be terminated prior to the

expiration of such lease term upon the sale of the property to a purchaser who will

occupy the property as a primary residence, subject to the 90-days notice. In the

case of a tenant without a lease or if there is a lease terminable at-will, the

tenant must be given the 90-day termination notice. The Act also includes a

provision stating that any State or local law providing for longer time periods or

other additional protections for tenants shall not be affected by the Act.

The Act raises several unanswered questions and issues:

1) The Act may apply to all foreclosures, and not only to loan foreclosures.

Accordingly, lien foreclosures (such as a condominium or homeowner's

association liens) may trigger the Act's notice requirements.

2) The Act may prevent the Foreclosing Party from terminating a lease due to

tenant's default.

3) Title companies insuring title based on a foreclosure sale will likely require an

exception for the rights of tenants pursuant to the Act's notice requirements.

It is unclear whether title companies will be willing to delete this exception

after the notice requirements have been met.

In conclusion, the Protecting Tenants at Foreclosure Act severely affects the rights

of all foreclosing lenders, including lenders foreclosing on condominium projects.

If you're reading this than you are on the internet. No doubt you have seen the multitude of real estate websites such as Realtor.com, Trulia, Zillow and others. Although, Realtor.com is "OUR" site they still believe the same thing that all the other sites believe, including Active Rain, and that is, that the information should be available and free and easy for consumers to get a hold of.

Some go further and even suggest that there might not need to be a Realtor, after all, you can get all the data you want on the internet.

I truly love this!

I find it ironic that most of these companies have high "worth" but are struggling to monetize all that data. Why should Realtors pay. It's our time and effort that goes into getting the listing and putting on the MLS so that Zillow and many other can grab it and try to remove us from the picture only to have turn around and pay them for it again.

I have three words for companies that want me to pay for this: L O L

I think it's hilarious, so much so, let's run through it one more time.

"So you are telling me that you have taken my data and generated interest in it and now you want to sell it back to me."

There's not enough money at any of these companies to beat a great agent in the hyper local arena. Sure, I'm going to play the game, my seller's property will definitely be on these sites, I'll answer the questions, I'll link back to my site.

However, they won't be getting money from me until the actually bring real (not stolen or borrowed) value to the table for me or my clients.

Here are some of the upcoming events in Duluth, GA lets keep our kids safe.

Main Calendar

Reserve a Premium Table for SummerStage Concerts!

-June 2009-

RCT SUMMER DRAMA CAMP - Join us as we explore the magic of theatre!
June 1 - July 31

Brown Bag Lunch
Downtown Duluth Town Green and Amphitheater. FREE. Brown bag it, or grab a great lunch from a downtown restaurant and snag a seat in the grass for free entertainment. Great fun for a lunchtime break after the fountain.
June 11, 18, 25

Duluth's Most Talented
June 13 (11:00am to 2:00pm)

Flicks on the Bricks: Hotel for Dogs
Saturday, June 13

Planning Commission
June 15 (7:00pm)

Downtown Development Authority
June 16 (6:30pm)

Summerstage Concert: Symphony on the Green
June 19 (7:00pm)

City Council
June 22 (7:00pm)

Gwinnett County Public Library- Duluth Branch**
20th Anniversary Celebration at 3480 Duluth Park Lane in Duluth. For more information call: 770.978.5154 or visit their website: www.gwinnettpl.org
June 24 (10am to 4pm)

Zoning Board of Appeals
June 24 (7:00pm)

Sunset in the Park**
June 26 (7:00pm)
Join the Georgia Transplant Foundation (GTF) as they transform the Duluth Amphitheater into a tropical party for their inaugural "Sunset in the Park" event on Friday, June 26 from 7:00 p.m. to 11:00 p.m.

Summerstage Concert: The Great American Rock 'n Roll Revival
Downtown Duluth Town Green and Amphitheater, FREE. Fun music from 5he 50's, 60's and 70's. See Damon Rice as Elvis, rock to Butch and the Buckheads and hear the sweet sounds of the Sock Hops.
June 27 (7:00pm)

-July 2009-

Brown Bag Lunch
Downtown Duluth Town Green and Amphitheater. FREE. Brown bag it, or grab a great lunch from a downtown restaurant and snag a seat in the grass for free entertainment. Great fun for a lunchtime break after the fountain.
July 2, 9, 16, 23, 30

Duluth Celebrates America
Scott Hudgens Park. Gates open at 4:00 p.m. Entertainment begins at 6:30 p.m.
Friday, July 3rd

Planning Commission
July 6 (7:00pm)

Duluth Merchants Association
July 7 (6:00pm)

Flicks on the Bricks: B98.5 Sponsored Movie - Inkheart
Saturday, July 11

City Council
July 13 (7:00pm)

Summerstage Concert: Symphony on the Green
July 17 (7:00pm)

Planning Commission
July 20 (7:00pm)

Downtown Development Authority
July 21 (6:30pm)

Zoning Board of Appeals
July 22 (7:00pm)

City Council
July 27 (7:00pm)

-August 2009-

Planning Commission
August 3 (7:00pm)

Duluth Merchants Association
August 4 (6:00pm)

Brown Bag Lunch
Downtown Duluth Town Green and Amphitheater. FREE. Brown bag it, or grab a great lunch from a downtown restaurant and snag a seat in the grass for free entertainment. Great fun for a lunchtime break after the fountain.
August 6

Flicks on the Bricks: Tale of Despereaux
Saturday, August 8

City Council
August 10 (7:00pm)

Planning Commission
August 17 (7:00pm)

Downtown Development Authority
August 18 (6:30pm)

Summerstage Concert: Symphony on the Green
August 21

City Council
August 24 (7:00pm)

Zoning Board of Appeals
August 26 (7:00pm)

It is official. NCR announced that they are moving their corporate headquarters to Duluth Georgia. This is great news for Sugarloaf Country Club and Duluth Ga real estate. The headlines indicate that 1250 new jobs will be created in Duluth. Prudential is handling the croporate move for NCR. If you are considering listing your property, please contact me to learn the latest details.