CONGRATULATIONS TO OUR STATE SENATOR CHIP PEARSON, who has been reappointed as Chairman of the Senate Economic Development Committee by Lt. Governor Casey Cagle. The reappointment was announced last week. (Senator Pearson serves Dawson, Fannin, Gilmer, Lumpkin, Pickens, Union, and part of Forsyth and White Counties.)
I'm excited to have Senator Pearson on our side in these trying times. In a statement to the press Senator Pearson says that the state's housing market may be a good place to start, and a catalyst to get past this downturn. Senator Pearson says he will push to cut unnecessary red tape and regulations in the lending industry to allow more people to purchase homes.
At a recent meeting with members of the state Senate and House Economic Development Committees, several options were discussed. One item up for discussion, was a program to provide down payment assistance to buyers. If you are a first time homebuyer, this should be of great importance to you. As of last October down payment assistance programs were cut and at the present time, FHA loans require a 3% downpayment.
I'm committed to doing all I can to help educate buyers and sellers with the most up-to-date information on new programs as well as keeping current with what's happening in our marketplace. Watch for upcoming information about how home owners may be able to save money on their property taxes!
If you would like to receive an up-to-date market report about your community or the latest home buyer information, email me at Kimsoldit@yahoo.com
Kimberly Wilson, Your Dawsonville Real Estate Specialist!