Buyers Flock to Lease Purchase Homes in GA

The state of Georgia already has a population of over 9.8 million, so it’s interesting to note that buyers are flocking to the lease purchase homes in GA. Many properties can be found on the real estate marketing in Georgia and while foreclosures, HUD homes and other options can be found, rent to own homes have become quite popular. In many cases, the strict lending requirements across the country have spurred many homebuyers to go with the rent to own options.

Another reason that buyers are flocking to lease purchase homes in GA is the reasonable prices available in the state. Most of the rent to own homes sell for between $60,000 to $180,000, which is quite reasonable. In some cases, it’s possible to find even cheaper options available in the state. Home values and prices have fallen significantly, making it a good time for homebuyers to purchase in the area.

The recent decline in unemployment also has been drawing homebuyers looking for "lease purchase" homes in GA. In October, the state saw a sizeable increase in jobs and the increase from September 2012 to October 2012 was one of the biggest increases in jobs ever seen within the state. With more new jobs being added, it promises a more secure future for those looking for good jobs and a stable economy.

Of course, you can’t overlook the climate and topography of the state of Georgia either. The state offers mountains, coastal plains and more, providing a diverse topography that is attractive to buyers. The humid subtropical climate is also attractive to homebuyers that prefer warm temperatures and mild winters. These offer just a couple more reasons that buyers are so attracted to lease purchase homes in GA.

Fannie Mae and Freddie Mac Help HUD Homes Owners Impacted By Hurricane Sandy

Hurricane Sandy cut a large swath out of the East Coast as it hit the nation on October 29, 2012, and it left a lot of people scrambling to either find new homes or making repairs to those that made it through the storm.

The federal government is doing everything it can to help people through this tough time. Part of that assistance comes from Fannie Mae and Freddie Mac. These two government backed lenders have put a moratorium on foreclosures and in some cases allowed borrowers to reduce or forego their mortgage payments for as long as 90 days.

Families that were forced to leave their homes due to the threatening storm are relieved to hear this news as they set about rebuilding. Whether that relief comes in the form of temporarily relaxed mortgage terms, or it is about helping them buy HUD homes for sale, the government is taking charge of encouraging lenders to help them out.

RealtyStore.com has a Guide to HUD Homes that will help potential home buyers in the process of purchasing HUD homes. Of course, there is always the opportunity to locate the perfect HUD home by visiting this site because HUD already has an inventory of homes that are vacant and those that have been returned to them through foreclosure.

Whether you are looking for a HUD home to buy, or trying to hold onto the one you already have, working with the folks at Housing and Urban Development can help you realize your dreams.