Low Price Homes For Sale in Lithonia GA

Low Price Homes for Sale in Lithonia GA

Nice, renovated, move-in-ready low price homes for sale in Lithonia GA can be had for as little as $125,000! Monthly payments would be less than $900 per month and those payments would cover all of your principal, interest, taxes and insurance. Some of these low price homes for sale in Lithonia GA even include some of the fancy upgrades you typically find only in higher priced homes, such as hardwood flooring, granite countertops, stainless appliances, 2 car garages and beautifully landscaped yards. Of course if you elect to do the renovations yourself, you can purchase a Lithonia foreclosure or bank owned home for even less.

Payments under $900 per month for a low price

home for sale in Lithonia GA?! How is that even possible?

It is possible with today’s low interest rates which are under 4% for those with stable income and responsible credit. Don’t let this opportunity slip by. This might be your last chance to grab a low price home for sale in Lithonia GA before those interest rates start to rise.

What does it take to own one of the low price homes for sale in Lithonia GA?

A down payment - 3.5% of your purchase price for an FHA loan (the most affordable loan). However, in Lithonia and Dekalb County, there are still down payment assistance programs (American Dream, Dekalb County First Time Homebuyers, Metro Atlanta Down Payment Assistance) that can help you with the 3.5%, sometimes taking your up front cost to zero.

Closing costs and prepaids might run you another 3 to 4% of your purchase price, but the down payment assistance programs will also help with these fees and oftentimes, the seller will help buyers with these fees as well.

Be prepared to submit earnest money with your offer in the amount of 1% of your offer price. Though not required, most sellers expect it and it presents a good opportunity for you to show the seller that you are a serious buyer.

Of course you’ll be encouraged to pay for an inspection which will run about $400. 

So, if you can get in your new low price home for sale in Lithonia GA with little or no downpayment and your monthly payments are under $900 per month, how can you pass that up? You’re probably paying more than that in rent each month with nothing to show for it.

I’m In - How Do I Get Started?

The first thing you’ll want to do is call and compare 3 lenders and request a pre-approval letter. They’ll take a look at your finances, your income and obligations, your credit history, work history and your savings and determine if you are a good prospect to purchase a home. They’ll even tell you your ideal purchase price range. Once you get that pre-approval letter, you can contact a Realtor at Solid Source Realty named Cheryl Dukes, approve a representation agreement and go house shopping.

Lucky for you, Realtors will not charge you a fee to help you find a low price home for sale in Lithonia GA, to negotiate your deal or to provide you with invaluable advice. Their service to buyers is complimentary since they are compensated by the seller of whatever home you decide to purchase. 

I Had No Idea Owning a Home was so Affordable!

It is. And if you are ready to become a Lithonia homeowner and stop donating money to your landlord, call Cheryl Dukes, Solid Source Realty, Inc at 770-475-1130 x4486.

Oh Yeah!

Here is a link to a list of low price homes for sale in Lithonia GA; most are under $125,000. If you see a home you want to put your name on contact Cheryl Dukes, Solid Source Realty, Inc. at the link below.

I want my piece of the American Dream and I don't want to pay an arm and a leg for it!