Friday, June 26, 2009

English Tudor in College Park


Just Listed!

  • 5 BR/3.5 BA on full finished basement
  • 1.4 acres
  • In ground pool
  • Bedroom on main
  • Formal Living Room & Dining Room
3780 Sherbrook Ct. College Park, GA 30349

What a great time to buy! Call for an appointment to see this home.

Wednesday, June 3, 2009

The Georgia Dream NSP Purchase Loan

The Georgia Dream NSP (Neighborhood Stabilization Program)Loan is a second mortgage up to $14,000. for qualified buyers who purchase a foreclosed home in certain counties in Georgia. This loan is for all buyers, not just first time home buyers, but you must buy a bank owned, government owned or eligible non-profit owned property.
The home must also be in a designated county that has been identified as an area of greatest need.

Eligible buyers must have a total household income less than 120% of the area median income.
This second mortgage is forgiven if the borrower lives in the home over a 5 1/2 year period. The amount of the second mortgage (the NSP loan) is up to 10 percent of the purchase price and cannot exceed $14,000.

For more information check out the Georgia Dream website http://www.dca.state.ga.us/housing/Homeownership/programs/gadreamnspdownpayment.asp