Attention!!!! As of April 1st 2009.  In an effort to help home buyers, the State of Ga now offers you up to $14,000 as a down payment if used to purchase foreclosed property. AKA Neighborhood Stabilization Program 

• Its used in conjunction with Ga Dream participating lenders.
• Used with VA or FHA
• Purchase price up to VA and FHA maximums
• Home buyer education (classes) required
• Doesn't need to be you first home, however 1st time buyers also qualify for  the $8000 tax Credit.
• Down payment loan lien released after 5 1/2 years

Call us at 912-882-5194 or email at wowzarealty@tds.net lets talk foreclosures.

Feel free to contact us and discuss the wonderful opportunities afforded with Bank Owned and short sales. St. Marys and Kingsland may not have as many as larger cities but believe me we have our fair share. Would you like us to set you up to recieve these automatically in your email? Just call us at 912-882-5194 or email us at wowzarealty@tds.net never an obligation.  

These properties aren't just for investors. As a St. Marys and Kingsland Ga area experts on Real Estate, We would be happy to help you purchase a bank owned or short sale property for your own residence. In fact many incentives are being offered by the state of Georgia just for that purpose.   

 The better of these deals go fast, it pays to have your financing ready to go before you get involved in trying to make an offer on a bank owned or short sale. Check out our lenders page if you like.

Short Sale. This is arranged between the Home Owner and the Bank before it comes to a point of foreclosure. The result is that you save money because the bank agrees to take less than is owed. The bank usually agrees to forgive part of the loan. These move quick, because the properties are more often than not in really good shape. 

Foreclosure- These are a result of the Buyer simply not making payments. These have a process to them, but by the time they hit the MLS you know that its ready for you to buy it. These properties usually have a little more work to them than the short sales. The banks will however make some repairs, especially to have the home meet FHA and VA requirements. Don't rule these out, some very good deals are to be had. 

 
Please, include your price range in comments section

  Hope to hear from you soon.