Emory Homes Blog

Just Listed! 1013 McClelen Way Decatur, GA 30033
October 6th, 2009 7:27 PM
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Listings Photo
$137,900.00
1013 McClelen Way

Decatur, GA 30033



Beds: 2.0 Rooms: 0
Baths: 2.00 Sq. Ft.: 0
Garage: 0 Built: 1983
 

FIRST FLOOR END UNIT IN POPULAR GATED COMMUNITY CLOSE TO EMORY/CDC & SHOPPING -- 2 BEDROOMS/2 BATHS -- GREAT ROOM WITH FIREPLACE AND FRENCH DOORS TO PORCH
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Sharon Kolb
Atlanta Decatur Homes
4043738924
www.emorydecaturhomes.com



 
  Visit this listing at Here

Posted in:General
Posted by Sharon Kolb on October 6th, 2009 7:27 PMPost a Comment

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DeKalb Police & Firefighters Get Subsidy to Buy Homes

DeKalb County just announced a new program that will use federal stimulus funds to help county personnel buy foreclosed homes in DeKalb County.  The program has earmarked 1.5 million for police officers and $1 million for firefighters, sheriff's deputies and other sworn "first responders".  It will provide a subsidy of $14,150 for those who stay in a home at least five years and $25,000 for those who remain a decade.  The program is open to any officer who has passed the probationary period and whose income does not exceed 120 percent of the area median.  Public safety personnel who stay for five years can use the funds to purchase homes anywhere in DeKalb, but to qualify for the higher subsidy that somes with the 10-year purchase, they must buy in the harder-hit southside.  The county also set aside another $1 million to assist the general public in buying foreclosed homes in South DeKalb.  (quoted from The Atlanta Journal-Constitution)

Doctors Can Now Get 100% Financing

 

Suntrust has just announced that they are now offering 100% financing to Doctors who qualify, as Atlanta has been removed as a "distressed real estate market".  (See my last blog on Suntrust requirements)

Please give me a call if you have questions about any of these programs and I'll point you in the right direction. 

Sharon Kolb - 404-373-8924 - Atlanta Decatur Homes

 

 


Posted in:General
Posted by Sharon Kolb on October 31st, 2009 9:25 AMLeave a Comment

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October 11th, 2009 3:55 PM

This & That

  • $8,000 Tax Credit - While no definitive action has been enacted by the Senate or Congress, it appears that there is still not enough support to expand the current program (which expires November 30th) beyond first time homebuyers, or to the raise the income limits.  This is discouraging news, as Realtors, Mortage Lenders & Banks have for lobbying for this change.  The real estate market will likely improve when the job market stabilizes and unemployment figures go down.  This could take some time and a good boost from the Feds would certainly help in the meanwhile.  We will probably get an extension of the tax credit beyond November 30th  into 2010, so watch for the announcement sometime soon.

 

  • Great Program for Doctors - Suntrust may soon have a great financing program for Doctors & Interns.  Atlanta has been designated a "declining real estate market" so the program is now at 95% Loan to Value financing; however,  Atlanta may soon be taken out of this category.   If you've tried to get financing recently, you may be aware there is very little 100% financing available for anyone.  Here's what Suntrust may be offering:

                

Licensed Medical Physicians who have completed residency within the last 6 years

  •  100% financing  - up to $650,000
  •   No PMI
  •   Credit Scores - 720
  •   Available on purchases & re-fi's

Residents, Interns & Fellows

  •   100% financing -- up to $417,000
  •   No PMI
  •   Credit Scores - 720
  •   Available on purchases & re-fi's

 

 

 

 


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Posted by Sharon Kolb on October 11th, 2009 3:55 PMLeave a Comment

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