Georgia Dream: Offers 30-yr fixed-rate loans for first-time buyers with competitive interest rates. Income and purchase price limits apply; Buyers must contribute at least $1K and meet credit score requirements....
June 2024
First American Data & Analytics released its April 2024 Home Price Index report, showing a 53% increase in house prices compared to pre-pandemic levels. The report indicates a cooling trend in price appreciation due to increased supply and reduced demand. Starter homes continue to see the highest price appreciation nationally. Continue to full article...
If you're a first-time homebuyer in Georgia, there are various loan options and down payment assistance programs available to help you achieve homeownership. Programs like FHA, VA, USDA, and conventional loans, as well as initiatives like the Georgia Dream Homeownership Program, aim to make buying a home more accessible and affordable for individuals with smaller down payments and lower credit...
Act Purpose: - It is designed to empower property owners with more rights to evict illegal occupants Legislative Support: - The act has passed the state legislature, offering much-needed help to property owners...
The homebuying process starts with a mortgage, considering personal finance goals, budget, credit report, and monthly outgoings. Mortgage refinancing allows for different rates and terms, with options like rate-and-term, cash-out, and cash-in refinancing. Benefits include reducing monthly payments, changing interest rates, and tapping into home equity for various purposes. Continue to full...
The avg cost of homeowners insurance in the US is $1,915/yr for $300K worth of dwelling coverage. Georgia has a higher avg insurance cost of $2,345/yr, translating to $195/mo....