Susan Jackson

The Good Neighbor Next Door is a HUD program geared specifically to Firefighters, Policeman, Teachers and EMT workers. It is designed to enhance urban communities by offering discounts to these workers who offer essential services and are the life blood of our communities. The discount is substantial: 50 percent off the list price of the property and $100 down payment. Here are key components of the program:

•·The property must be located in a designated Revitalization Area

• The buyer must live and work in the same county

•· Buyer must live in the house for 36 months

•· Buyer nor spouse can not have owned title to property in the last 12 months

•· Buyer nor spouse can not have ever previously participated in the Good Neighbor Next Door

•· The bid must be for the full listed price. Ex.If the listed price is $100,000 you must bid $100,000

•· The buyer must qualify for the full list price

•· The buyer can use an FHA 203K streamline loan or 203K loan for repairs

•· You can utilize any type of financing or it can be a cash deal

•· FHA financing: must qualify for the full contract amount before the discount, can also finance in closing cost, including prepaids and real estate commissions

•· HUD does not pay closing costs or real estate commissions

•· Buyer is responsible for the earnest money deposit. Difference between the earnest money and the $100 down payment will be refunded at the closing table

•· The 50 percent discount is taken at the closing table

•· The 50 percent discount is a silent second loan and is forgiven after the buyer has lived in the property for 36 months

Good Neighbor Next Door, sounds like a great deal. It is!!!!

Contact: Susan Jackson, Associate Broker for additional information and how to obtain a list of HUD qualifying homes.

Email:sjackson@kstrealty.com Phone: 770-551-5852 Website: www.kstrealty.com

Covington located in Newton county, Georgia is the county seat, has a population of approximately 11,600 and covers 13.86 square miles. The city of Covington is know as a full service city an offers a multitude of services: electricity,water, sewer, natural gas, sanitation, police, fire protection. In addition Covington has a Municipal Airport. Fans of the late Carroll O'Connor know that "In the Heat of the Night" was filmed in Covington. A popular T.V. show which ran for eight years.

There is a great five bedroom, three bathroom home for rent in Covington. The home was built in 2006. The kitchen has upgraded cherry cabinets, black appliances which includes a stove, refrigerator, dishwasher and microwave, and hardwood floor. The great room has a fireplace. There is a separate dining room. Two car garage and a level backyard with a deck. This home is available Dec.1, 2009.

For further information contact: Susan Jackson, Associate Broker email:sjackson@kstrealty.com

A lovely five bedroom, three bathroom home in Covington, Ga. The kitchen is decorated in the latest kitchen fashions: cherry cabinets, black appliances (dishwasher,stove,refrigerator, microwave) and hardwood floor. There is a separate dining room with hardwood floor. The great room has a fireplace, and a door to the deck. The master bathroom has a his/her vanity, garden tub and separate shower. A two car garage and level backyard. It is a fifteen minute ride or less to the following elementary schools, middle schools, and high schools: Porterdale, Oak Hill, Fairview, Livingston , Ficquett, South Salem, Palmer Stone, Clements, Indian Creek, Veterans Memorial, and 1.62 miles to Newton High School, and 4.25 to Eastside High School. This home is available December 1, 2009.

Contact today to set up your apppointment to view this home: sjackson@kstrealty.com Call 770-551-5852.

Susan Jackson, Associate Broker

Congress passed the bill to extend the $8000 Tax Credit and created a $6500 Tax Credit for Move Up Buyers. The tax credits have been extended until April 2010, with an additional 60 days if there is a signed binding agreement. So, you figure you can sit back and relax. The pressure is no longer on to purchase a home. I can just sit back and wait until after the holidays, I have plenty of time. WRONG!!! Everyone else is planning to do the same. What's going to happen? The inventory of homes is going to start to go down; the prices will start to go up. Think not? Wait until everyone starts looking at the same time! There are going to be bidding wars out there. Get ahead of the gang, START YOUR SEARCH NOW

Susan Jackson, Associate Broker Email:sjackson@kstrealty.com Direct:770-551-5852

Website: http://www.kstrealty.com/cities/alpharetta-Homes.htm

Website: http://www.kstrealty.com/cities/atlanta-Homes.htm

This is the best time to buy. The interest rates are at historic lows. There is a large inventory of homes to choose from. The prices are extremely competitive. The tax credit for first time home buyers, has been extended. There is now also a tax credit for the current homeowner. This is a great time to buy!

The interest rates are the lowest they have been in almost forty years. You want to consider putting your finances in order, to enable you to qualify to purchase a home. Talk with a lender and let him guide you onto the track of home buying. You can not let these low interest rates pass you buy. The Fed has announced in March it will pull back on the mortgage-backed-securities in March. The financial experts are predicting this will drive interest rates up to over 6 percent.

There is a large inventory of homes available from the low end to the high end. The homes are competitively priced. No more inflated prices from a few years ago. Builders are offering unprecedented incentives for new homes. The lower prices of the homes along with the low interest rates, allows you to buy more house than you could purchase just a few short years ago.

The tax credit for the first time homebuyer has been extended to April 30, 2010. There is an extra 60 days if the buyer has a written binding agreement by April 30, 2010 that will close before July 1, 2010. The income limits have changed: $75,000 to $125,000 single, $150,000 to $225,000 for married, these income limits are also applicable for the $6500 tax credit. The cost of the home can not exceed $800,000. To be eligible for the $6500 tax credit the homeowner must have used the home sold or the home being used as their principal residence consecutively for the five years of the previous eight years. If you are married and filing separately the credit is only for $3250, the same formula holds true for the first time homebuyer tax credit. Unlike the previous tax credit, the extension requires that the documentation used for the purchase of the home must be attached to your tax return.

TAKE ACTION NOW!!! This is a great time to buy a home.

Susan Jackson, Associate Broker

America's Network Realty Group, Inc

Office: 770-551-5852

Fax:770-551-5866

Email: sjackson@kstrealty.com