Historic West End: 874 Beecher St. SW 30310

Inventory is at an all time low in Historic West End. Buyers have come from East Atlanta, Grant Park, Virginia Highlands- all to catch the unbeatable prices the Southwest side offers. 

This renovated 3bed/2bath Craftsman Bungalow will go just as quickly. 

874 Beecher Street is in a prime location- 1 block from Marta and 2 blocks from the Beltline path.  This home features 12ft ceilings, hardwoods, master suite with 2 closets, granite counters, wide hall,original Tin roof!  800sq ft of buildable attic space(with 10ft ceilings), an entertainers deck and a porch party ready Porch!  

Bring your best offer and come ready to be welcomed by the community.

Www.AtlantaWestEnd.com

  
   

** Saturday Nov 7th 10-4PM Open House**

Address: 1841 Dorsey Ave
FMLS # 3968435  Price: $149,900

** Giftcard giveaways!!! , Come out- bring your family, kids (cookies!!) and see this lovely renovated 3bedrooms 2bath home! Special financing information, and Home ownership information at hand. Come with your questions and let me help you get into this home..

Note: Buyers can come with or without their agents

Email or check www.NiaKnowlesRealty.com for additional details

J.W.Kelly Properties

www.jwkellyproperties.com

510 Hopkins St Atlanta, GA 30310

Restored  3bedroom 2bathroom 1920’s Craftsman Bungalow- no stone left unturned:gleaming hardwoods, seamless master suite addition, high end fixtures, top stainless appliances. This gem is a MUST see. Seller has termite and will provide home warranty. Strong offers- last renovation had multiple offers and sold at 169K! List price $154.9K

FHA Program Offers Purchase, Renovation Aid

The Federal Housing Administration is encouraging use of its little-known 203(k) loan program.

The 203(k) lets an owner-occupant borrow money for both the purchase and renovation in one loan, and put down only 3.5 percent.

The program requires the use of credentialed contractors and can include cosmetic improvements as well as major renovations like replacing plumbing or electrical. Completing the application process requires patience, says Nancy Hammock, an associate with RE/MAX Properties in Western Springs, Ill.

But in this lending environment, more homebuyers are finding 203(k)s worth the hassle. In fiscal 2008, the government insured about 6,700 of the 203(k) loans. This year, more than 11,000 loans have already been insured, according to the Office of the Comptroller of the Currency.

Source: Chicago Tribune, Mary Ellen Podmolik

FHA Expands Role in Financing Homes

The Federal Housing Administration’s involvement in mortgage financing is likely to grow, HUD Secretary Shaun Donovan told a Philadelphia audience last week.

“While we prefer to have the private market be more involved, we have asked . . . to expand our authority to provide $400 billion more for the FHA insurance program,” he said.

FHA was involved in fewer than 2 percent of mortgages in 2006. Today, it has a role in 24 percent and that number is increasing, Donovan said.

Source: The Philadelphia Inquirer, Alan J. Heavens (06/18/2009)