Thank you, Mike, for bringing up a good topic for today
(other than GaTech football, of course)...
October 1, 2008 is the 'expiration date' for many of the
current First Time Home Buyer grant/forgivable loan
programs. The ADA (Atlanta Development Authority)
has a great product that will continue to be offered beyond
that date called the Dream Home program, however if you
are a serious buyer and can make a decision on a first home
in the next two weeks, I would suggest to contact your agent
and your lender to get that momentum going. Some lenders
do not offer loans that easily complement these down payment
assistance programs, so it's extremely important to find a
lender that does offer exactly what you need, otherwise you
may miss the deadline and forfeit potential savings.
We all know that I'm thrifty, and that I hate to leave money on
the table, so please do yourself a favor if you want to pursue
any type of unusual loan product and speak with a REPUTABLE
lender before you get too distracted with the rest of the buying
process. Good luck!
Thursday, August 28, 2008
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