DID YOU KNOW? - Flood Relief for Georgia Homeowners & Renters

If you, or someone you know, lost or suffered major damage to your home due to the floods experienced in Georgia this past autumn, keep reading!

Short Sale Help For Sellers

If you are selling your home and are considering a short sale, you may qualify for some incentives to make the process smoother for you and your potential buyers.  The U.S. Treasury Department announced new guidelines designed to make short sales go more smoothly.

To qualify under these new guidelines:

New Affordable Housing Options From Fannie Mae

Fannie Mae has launched several initiatives designed to stabilize neighborhoods and promote purchases by owner occupants and low-income buyers.

Fannie Mae’s “First Look” initiative offers buyers who intend to live in the home, particularly low-income buyers, an opportunity to make an offer during the first 15 days the property is on the market. Investors can only make an offer after the first 15 days have passed.

‘Tis The Season To Give… A Home!

Parents who are looking for a gift to give their kids this holiday season should consider a house.  With prices in the cellar, this could be a terrific year to give a down payment or even the whole home.

Free Money for the Holidays and New Year

Although Santa Claus won’t be sliding down your chimney (sorry if you didn’t know!), Uncle Sam has a great gift for you this holiday season!  Whether you currently own a home or have never owned a home, if you are thinking about a real estate purchase, you just may qualify for the new and improved tax credit.  The complexity of the home buyer tax credits leaves potential buyers with many questions but here are answers to some of the most confusing to help make this a jolly, holly season for you:

Don’t Get SHORTED in a SHORT SALE!

PRE-FORECLOSURES/SHORT SALES, which are when the bank will allow a homeowner to sell a home “short” of the mortgage owed, can be great deals when you are patient and aware of the risks.  However, short-sale properties can be money pits when offers take forever to close and vacant properties are trashed.