DeKalb County is offering free water conservation kits to DeKalb Co residents who live in pre-1992 homes. The deadline for ordering is 12/31/07, so act fast!
This web site is very informative regarding our current drought situation & has a lot of suggestions/tools for taking personal responsibility to conserve water – home tips, home evaluation, etc.
To order this free kit, go to: Dekalb County Watershed
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for Breakfast!
Saturday, Dec. 15 • 8-10 a.m.
Holiday Inn Decatur Conference Center
130 Clairemont Ave.
Join Santa for breakfast after he arrives on a Decatur fire truck. Price includes a commemorative photo with Santa. Adults $10, Children $5. Sponsored by the Decatur Business Association.
For more information or to purchase tickets online, click here.
For more Decatur / Oakhurst holiday events, visit the Decatur, GA website.
WASHINGTON (AP) — The Federal Reserve cut a key interest rate by one-quarter of a percentage point Tuesday, trying to keep the country out of recession. The reduction in the federal funds rate to 4.25 percent marked the third rate cut in the past three months. Fed officials signaled that further cuts were possible if a severe downturn in housing and a crisis in mortgage lending get worse.
This is a great time to buy a home! It is also a very good time to consider selling your home…. the buyers are out there and the reduced interest rate will help them better qualify for financing.
It’s a tough situation. Decisions need to be made quickly and carefully. Here are three key items to consider:
1) If you put your home on the market, STAY IN THE HOUSE! A vacant home will not show as well or sell as quickly.
2) Talk to your lender about a repayment plan for the amount that is past due. The typical grace period is 6 months. When you speak to the lender, tell them that you are interested in a Forbearance Agreement.
3) If the options above are not possible, consider giving the property back to the lender BEFORE they foreclose on the property. You will still lose your house, but this will save your credit from being severely damaged. The process is called Deed in Lieu of Foreclosure.
** If you have questions and would like to speak to a real estate professional, please contact Kerry Lucasse at 404.432.1844. I would be happy to help in any way possible.