Thursday, November 12, 2009

Jumbo loans for Lake Oconee waterfront homes in Greene County

The $662,500 limit for conforming jumbo loans in Greene County, Georgia, has been continued until September 10, 2010. Greene is the only county in Georgia that qualifies for this limit...all other counties in Georgia are limited to $417,000. Given Greene County's millage rates among the 5 lowest of Georgia's 159 counties, and the attraction of the county as a premier golfing and lakefront destination for full-time and second homes, the real estate market here offers a unique opportunity for value-seeking buyers.
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