It’s been a long road…finding the right property and then working through the closing process nevertheless another first time home buyer has a new home. We started looking at houses in August knowing we had plenty of time find the right home and close by the November 30 deadline for the $8000 First Time Buyer Tax Credit.
Well here it is Thanksgiving week and we got it done. We found a great townhouse in Ridenour at Highway 41 and Barrett Parkway There are wood floors and stainless steel kitchen appliances. The Great Room opens onto a deck looking at the old growth forest. This falls the colors have been okay however spring with the dogwood trees will be spectacular.
This new homeowner qualifies for the $8000 Tax Credit as a first time home buyer and chose a 30 year fixed rate FHA loan at 5% interest. Because the purchaser purchased a foreclosure property he also qualified for the Georgia Down Payment Assistance Program receiving $14,0000 towards his down payment.
Remember the $8000 First Time Home Buyer Tax Credit has been extended! If you are thinking about purchasing a home there are sellers wanting to sell and very reasonable interest rates.
