It’s always exciting to help someone find their home home – a place they can call their own. Congratulations to Mavis, a first time homebuyer, on her new home. This family will be moving in over the week-end and look forward to showing off their new home. 
The new home is located in Lawrenceville off I-85 and Old Peachtree Rd. It’s a wonderful 3 bedroom townhouse with a fireside Great Room and eat-in Kitchen. A large storage closet off the Great Room will be the perfect place for toy storage and cozy place for a child to play. Upstairs the bedrooms are nice size with lots of windows.
The new homeowner qualifies for the $8000 Tax Credit as a first time buyer and chose a 30 year fixed rate FHA loan at 5% interest with 3.5% down payment. All it took was approximately $4000 for the down payment to get into this wonderful home.
This transaction is an example of the impact of the $8000 Tax Credit working to help the housing industry. When Mavis purchased this home, the Seller was able to move to their second home at higher price range – that ripple effect is good for everyone.
If you are thinking about purchasing a home remember these are sellers wanting to sell and very reasonable interest rates. Check out homes for sale to see if you can find something that interest you.
