Solomon Greene's (solomongreene) Blog

Gwinnett County Community Development has confirmed the return of the HOMEStretch Down Payment Assistance program.  Credit and income eligible Georgia first time home buyers looking to buy a property in Gwinnett County may now qualify for down payment assistance of up $7500 to be used toward the ...

Are you interested in knowing how your neighbor (who’s been renting for years) was ever able to buy a home of their own?  Oh, you know you are!  Home buyers, even those with less than perfect credit, are still buying houses all over Metro Atlanta for owner occupancy with no (or very, very little)...

Changes have been made to the Federal Down Payment Assistance Program.  Specifically, the minimum required borrower contribution toward the transaction is now $1,000.  Further, matching ratio has gone to a 4-to-1 match, but the maximum amount allowed in down payment assistance remains at $7,500.I...

Gwinnett County has advised that the standard Gwinnett County Down Payment Assistance Program (HOMEStretch) funds have been depleted.  The Gwinnett Neighborhood Stabilization Program (NSP) funds, however, are still available for the purchase of rehabilitated, county-owned properties.  In addition...

Credit eligible and income eligible employees in the State of Georgia may qualify for mortgages up to 100% loan-to-value at competitive fixed rates of interest.  Qualify for a second mortgage that does not accrue interest nor require repayment until the home is sold, refinanced or is no longer us...

Federal Down Payment Assistance has returned and is now available to credit and income eligible persons who have not owned a home in the previous three years. The assistance is offered as a five-to-one match, allowing funds contributed toward the transaction by the buyer (up to $1,500) to be matc...

Buyers in higher income households might be interested in knowing that the State of Georgia Down Payment Assistance Program for households earning up to $100K per year will be expiring very soon.  Regret the late notice, but word only came in today that the state must be officially notified of co...

How would you respond if you knew well in advance that the price of your favorite cereal would be increasing by over 27%?  Most savvy consumers who could would likely stock up on a few boxes before the expected price increase date, right?  That was called "loading the pantry" during my time with ...

Consumers with less than perfect credit may be interested in knowing that a well-known national lender has announced their willingness to consider offering mortgages to credit-challenged Metro Atlanta borrowers. Here are a few of the stipulations… The borrower’s total monthly mortgage payment (in...

Do you know of someone who’s looking to buy a property in Dekalb County?  Please share the information with them about the various programs available to help them buy with very little out-of-pocket expenses and various levels of requirements.State of Georgia Down Payment Assistance – Up to $10K m...