1338 Lucile Ave- Renovated, Move-In Ready

Don’t miss this GEM! 4 Sided Brick Bungalow in Historic West End. 3bedroom plus a REAL  Bonus Room/Den/Office! Walk to public transportation (MARTA). Private 2 car detached covered parking. Many original details restored! Coffered ceilings, hardwoods and so much charm for the list price of $105.9K.
This is a smart move for first time home buyers- participate in ADA program and get down payment assistance.
Investors you can’t go wrong in this BeltLine Community! Walk to Atlanta University Center.

West End/ Westview Homes for Sale

Fully renovated, move in condition homes! Awaiting your inspection. View the links below to see these great deals! These homes will pass FHA inspection. Beltline Community- speak with your mortgage officer about city funds for down payments!

FOLLOW ME ON TWITTER @NiaKnowles

413 Karli Court, McDonough, GA  4bed/3baths Traditional $139K  http://www.postlets.com/res/4354275 

1556 South Gordon St, Westview-in town Atlanta 3bed/2bath Restoration + attic $169K http://www.postlets.com/res/4225188

Home Tour: http://www.flyinside.com/tour.php?id=44365  (SOLD)

 626 Willard Ave, Westview Atlanta 3bed, 2baths Renovation $120.9K http://www.postlets.com/res/4289274 (New Price)

Home Tour: http://www.flyinside.com/tour.php?id=44629

1184 Eggleston Ave Historic West End 3bed/2bath renovated with Loft 135K

http://www.postlets.com/res/4643963

1790 Laurelwood Drive -Adams Park- on Golf Course.. Investor Special 45K

 Next Up

1498 Westwood Ave (Westview) & Rogers; exquisite  rehabs by J.W. Kelly Properties, Grady Place.

6 Creative Ways to Afford a Home

1. Investigate local, state, and national down payment assistance programs. These programs give qualified applicants loans or grants to cover all or part of your required down payment. National programs include the Nehemiah program, www.getdownpayment.com, and the American Dream Down Payment Fund from the Department of Housing and Urban Development, www.hud.gov.

2. Explore seller financing. In some cases, sellers may be willing to finance all or part of the purchase price of the home and let you repay them gradually, just as you would do with a mortgage.

3. Consider a shared-appreciation or shared-equity arrangement. Under this arrangement, your family, friends, or even a third-party may buy a portion of the home and share in any appreciation when the home is sold. The owner/occupant usually pays the mortgage, property taxes, and maintenance costs, but all the investors’ names are usually on the mortgage. Companies are available that can help you find such an investor, if your family can’t participate.

4. Ask your family for help. Perhaps a family member will loan you money for the down payment or act as a co-signer for the mortgage. Lenders often like to have a co-signer if you have little credit history.

5. Lease with the option to buy. Renting the home for a year or more will give you the chance to save more toward your down payment. And in many cases, owners will apply some of the rental amount toward the purchase price. You usually have to pay a small, nonrefundable option fee to the owner.

6. Consider a short-term second mortgage. If you can qualify for a short-term second mortgage, this would give you money to make a larger down payment. This may be possible if you’re in good financial standing, with a strong income and little other debt.

Facts About Seller-funded Downpayment Assistance Provision

The Housing bill signed by the President on July 30, 2008, does not eliminate all downpayment assistance programs from eligibility for FHA insurance. Only those programs that are funded directly from the seller or other party to the transaction are prohibited. Downpayment assistance from family members, government programs, or charities that are not seller-funded is still permitted. The prohibition goes into effect October 1, 2008. Read more about the Seller-funded Downpayment Assistance Provision.

Atwood Bungalow

 
Nia Knowles | Solid Source Realty | 404-414-3289
450 Atwood Street, Atlanta, GA
Renovated & Move-in Ready!!!
3BR/1.5BA Single Family House
offered at $90,000
Year Built 1920
Sq Footage Unspecified
Bedrooms 3
Bathrooms 1 full, 1 partial
Floors 1
Parking Unspecified
Lot Size .50 acres
HOA/Maint $0 per month
DESCRIPTION

Great deal in Historic West End!!
ADORABLE 1920’S BUNGALOW IN EXCELLENT CONDITON AND PRICED THOUSANDS BELOW COMPETITION (Not a foreclosure)! COFFERED CEILINGS, CHARMING MOLDINGS, AND GLEAMING HARDWOOD FLOORS. HIGHLY MOTIVATED SELLER SAYS SELL NOW! CONVENIENT LOCATION NEAR INTERSTATE, AIRPORT AND DOWNTOWN.www.NiaKnowles.wordpress.com
http://www.NiaKnowlesRealty.com
see additional photos below
PROPERTY FEATURES

Central A/C Central heat Fireplace
Hardwood floor Living room Dishwasher
Refrigerator Stove/Oven Laundry area – inside
Yard    
COMMUNITY FEATURES

Tennis court(s) Playground  

 

ADDITIONAL PHOTOS

Seller contact info:
Nia Knowles
Solid Source Realty
404-414-3289
For sale by agent/broker

 

powered by postlets Equal Opportunity Housing
Posted: Aug 24, 2008, 7:09am PDT