The Providence Group welcomes you to their new website and blog. The website features:

1. News and Events in the Real Estate world and within The Providence Group
2. Free Home Searches
3. Resources for Buying and Selling a Home
4. Resources for Relocation to the Atlanta Metro Area
5. Featured Properties listed through The Providence Group

Regular updates to the blog will begin in January 2007. We hope our site will prove to be a resource to all of our clients and friends and family.

We wish everyone a happy and healthy New Year.

The support of our clients and friends made our second annual Client Appreciation Party a huge success and we thank all of you for a wonderful evening. Congratulations to all who won prizes and a special thank you to our vendors who supplied the gifts.

Pictures from the party will be posted soon!

To All our clients:
Please check out our new community websites:
1. Brookfield Country Club
2. Chimney Springs

These are websites that we sponsor in our local subdivisions. If you would like to contribute to the content of these or advertise please feel free to email either Clax or John at:

1. John Damiano
2. Clax Underwood

Best regards,
John

• Home ownership is the first step to building wealth
• Home ownership qualifies you for tax deductions
• Interest rates remain low
• It is a Buyer’s Market! Builders are offering a host of value-added incentives, but hurry they won’t last long
• Return on Investment – the rate of appreciation in Atlanta is above the national average
• By owning your own home, you can live the American Dream
• Location…Location….Location - homes are available in a variety of price ranges throughout the entire greater Atlanta region
• Housing Choice – home buyers have more choices than ever before – from traditional single family homes to mixed use developments, today’s homes feature flexible designs, innovative technology & the latest products and finishes.
• Energy efficient construction techniques and products translate into savings
• Atlanta remains a hot market, ranking 4th nationally in home sales

Get Home Atlanta! sends the message that now is the time to buy a new home in Atlanta. A collaboration of the Greater Atlanta Home Builders Association, numerous new home builders and allied organizations, the campaign was launched with the support of the National Association of Home Builders to improve consumer perceptions about the state of the economy and housing market. To learn more about Get Home Atlanta! and why now is a great time to buy a home, visit www.GetHomeAtl.com.

The Providence Group with Jeff Hart of SunTrust Mortgage have joined forces in Helping Our Clients Buy a New Home

1) 100% financing can be amortizing or interest-only with no PMI up to $417,000

2) 95% financing to $750,000 with 9% seller concessions.

3) Payment Abatement Program: Seller Contributions can include all closing costs, discount points, temporary buy-downs, permanent buy-downs, escrows and pre-paid expenses, and the first 6 month’s Principle and Interest of the first mortgage (buyer does not have to make any principle and interest payments on the first mortgage for the first 6 months.

4) Bridge Loan: To avoid the need for a contingency contract, the SunTrust Bridge Loan enables clients to pull out up to 90% of the appraised value of their current home to pay off their current mortgage, escrow bridge loan payments for the first six months and use the remainder toward their down payment.

5) Premier Advantage: High Income/ High Net Worth Financing allows clients with > $250K in income or >$500k in liquid assets to finance up to 100% of the purchase with one mortgage with no PMI.

6) Doctors: Allows physicians to finance up to 100% of the purchase with one loan and no PMI up to $1,500,000

7) Construction to Perm: financing for renovation or new home construction. For a primary residence or second home, the value is based on “after construction appraised value” enabling the customer to finance 100% of the purchase and remaining cost of construction up to 95% of the completed (after construction) appraised value

8) Debt to Income Ratio up to 64.9%: on Full Documentation loans up to $650,000

9) Reduced Documentation: No Income Verification, Stated Income Stated Asset, No Ratio, and No Doc Programs are all available

10) FHA/VA approval with credit scores down to 550 or no credit at all on an exception basis. Georgia DCA (Bond Loans) and City of Atlanta Grants up to $10,000 available

This list is meant solely for the real estate professionals representing The Providence Group for Reg. Z purposes and is neither inclusive nor exclusive. Not all features are available on all loan programs. This is not a commitment to lend. Clients are underwritten and approved per guidelines. Exceptions are made on a case by case basis depending on other compensating factors. Rates and program guidelines and availability are subject to change without notice. Adjustments in interest rate or discount points may apply for features or exceptions.