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Getting your downpayment together
When buying a home, one of the biggest hurdles to overcome is getting together the chunk of cash needed at closing. Lenders insist that you put down something, and the more the better.

Most lenders will require that you come up with at least a 5% down payment. They would prefer more, but will settle for 5% if that's all you have, especially if you have excellent credit and a stable job situation. Some ideas for gathering up that downpayment:

a. Sell off your assets.

b. Borrow against your assets.

c. Ask your parents. Or another relative. Or anyone.

d. Bring in a roommate or a partner.

e. Rent with an Option to Buy.

f. Look for Owner Financing & Be Creative.

g. Build everything possible into the loan.

h. Ask the real estate agent to lend you part of the commission.

i. Save it up. No, I'm not kidding. If all else fails and you can't beg, borrow, or steal it, you can set yourself up on a disciplined savings plan setting aside, say, $500 a month until you have the money you need. Yes, prices may have risen in the meantime, but you'll be a lot closer to buying a home then than you are now.

 
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"EPA CERTIFIED RENOVATOR" TRAINING

Do You Work with Real Estate?  You Must Be LEAD SAFE CERTIFIED as of April 22nd.

To all owners, realtors, investors, property managers, contractors, electricians, plumbers and painters. Do you ever engage in any level of renovation? If so, read this:

Any renovator, from owners to contractors, from plumbers to electricians to painters, who disturbs lead paint while working in a pre-1978 home, school or day care center, now must be Lead-Safe Certified.  If you’re not, you can face tens of thousands of dollars in fines. Plus, you put the health of yourself, your workers and your customers at risk, which could result in lawsuits. One simple 8 hour class certifies you for five years. It’s that easy.

Since April 22, 2010, there are new Federal rules regarding how you perform any work that disturbs lead-based paint in homes, child-care facilities and schools built before 1978.  You now must be EPA certified and follow specific work practices to prevent lead contamination.

Failure to follow the new rules can result in federal fines of up to $32,500 per day or up to 5 years in federal prison, or both. Don’t take a chance - it’s not worth it.

How To Become an EPA Certified Renovator:

In just one day, John Adams will teach you how to meet all EPA requirements and become an “EPA Certified Renovator.”

Don’t wait - register now!  Click on “Seminars” and choose your day!

  • Friday,  September 10th at Suburban Plaza,  2643 North Decatur Road and Church Street, Decatur , Lower Level, beneath Hancock Fabrics
    8:30 A.M. to 5:30 P.M.

    Total Course Cost: $295, includes exam and EPA-HUD 400 page manual
    Space is limited to 20 participants.

Training services provided by Seagull Environmental Management Co, Inc.
Courses are approved for purposed of certification under Section 402 of TSCA for the Certified Renovator. 

This course has been approved by the Georgia Real Estate Commission for 7 hours of Real Estate Continuing Education 
 
For more information, call toll-free 888-373-0029
 
Click above on the "Seminars" button to register