Do you want to move to Cobb County, GA?

Do you already live in Cobb County, Georgia? Do you want to own your own home?

from CobbLine Weekly Newsletter...

Home buying opportunities available with new program

The Neighborhood Stabilization Program will provide emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. Cobb County will receive approximately $6.9 million from Housing and Urban Development and $1.7 million from the Georgia Department of Community Affairs to rehabilitate, resell or redevelop foreclosed residential real estate in the county's areas of greatest need. The goal is to stabilize neighborhoods and stem the decline of home values. Homebuyers may qualify for this program if they meet certain income criteria. For instance, a family of four can have an income of $85,450 and be eligible to participate. For additional information, please contact the program office at 770-528-7980 or visit buycobb.com

You can also contact me for information on living and buying a home in Cobb County - broderick@kellerknapp.com. You'll be surprised at the opportunities available!

Thinking about buying a new home?

And by "new" I mean "new to you" .... Now's a great time to consider buying a HUD home ... there are a lot of really good deals available in metro Atlanta.

The U.S. Department of Housing and Urban Development

The HomeSales.gov web site provides current information about single family homes for sale by the U.S. Federal Government. These previously owned homes are for sale by public auction or other method depending on the property. Anyone can buy a home for sale by the U.S. Government, but you must work with a real estate agent, broker or servicing representative to submit an offer or bid.

HUD's website also has several videos on home buying that you can watch

The internet has an overwhelming volume of new home buyer resources... here are a few that I like best:

1. Glossary of Terms - Learn the Lingo
   
2. A Dozen Ways to Get/ Find a Down Payment
3. Home buying Mistakes to Avoid
4. Not ready to buy yet, consider a Lease - Purchase
5. Federal Tax Credit Resources & Information

This video explains the new Federal Tax Credit for First Time Buyers. Let me know if you have questions. Did you know that the law defines a first-time home buyer as a buyer who has not owned a home during the past three years. If you've owned an investment property that was not your principle residence, you may still be eligible.