FIRST TIME HOME BUYER or INVESTOR
The opportunities for a first time home buyer or investor continue to amaze me. I recently had a 1st time buyer who was looking in a price range I was not familer with (90,000-$120,000).
Here's what we found and bought--4BR, 3BA with refinished hardwood floors in living room w/
fireplace- all new carpeting, freshly painted with all new appliances in kitchen, 2 car garage, w/
deck for $99,000 PLUS buyer qualified for 5% FHA loan and 3 1/2% down and gets an $8,000 tax credit!!!!! (This was a fannie- mae house) Location was only about 6 mi. outside I-285 with Lawrenceville address, and was move-in ready. Total monthly payment w/ PITI was $750.
After looking in Acworth, Kennesaw, and L'ville, and Stone Mtn. I found plenty of real values
in all of these areas. This was a whole new world and an education for me.
Here's what we found and bought--4BR, 3BA with refinished hardwood floors in living room w/
fireplace- all new carpeting, freshly painted with all new appliances in kitchen, 2 car garage, w/
deck for $99,000 PLUS buyer qualified for 5% FHA loan and 3 1/2% down and gets an $8,000 tax credit!!!!! (This was a fannie- mae house) Location was only about 6 mi. outside I-285 with Lawrenceville address, and was move-in ready. Total monthly payment w/ PITI was $750.
After looking in Acworth, Kennesaw, and L'ville, and Stone Mtn. I found plenty of real values
in all of these areas. This was a whole new world and an education for me.
Labels: First Time Buyer or Investor
posted by Rufus Ashworth at
8:28 AM
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