NEW $8,000 TAX CREDIT AVAILABLE Thinking of buying a home or have purchased one after January 1, 2009, here is some important news for you. Below is a brief explaination of the tax credit provided to "first-time" homebuyers contained in the new housing bill signed by President Obama. Please consult a tax professional or accountant to determine your eligibility. For the purposes of the credit, you are considered to be a first-time homebuyer if you, and your spouse if you are married, did not own any other main home during the three-year period ending on the date of purchase. The tax credit you may be eligable to claim is calculated on 10% of the purchase price up to $8,000 maximum for individuals/married filing jointly or $4,000 for married individuals filing seperately. Maximum income to qualify is $75,000 per individual or $150,000 per couple filing separately. Date of purchase must be between January 1, 2009 through April 30, 2010. You must close on the property by June 30, 2010. No restrictions on use of tax credit funds. No repayment of credit unless the home is sold within 36 months of purchasing or the home no longer remains your main home within 36 months of the purchase. 2009 tax returns can be amended to receive the tax credit this year or you can wait until you do your 2010 tax returns next year. For further and more accurate information, vist the IRS website at www.irs.gov and look for 2009/2010 first-time homebuyer tax credit. We deem this information reliable but not guaranteed.

MORTGAGE LENDERS Georgia Bank & Trust     John Rox  706-739-1780 (o) 706-833-6608 (m)   First Bank     James Gay  706-821-6080 (o) 803-215-2412 (m)    Rhodes Financial      Brett Turner  803-279-3873 (o) 706.726.6785 (m)   Note: These lenders are in no order of preference.They have all come highly recommended from past clients. Meybohm Realtors does have an affiliated business arrangement with Georgia Bank & Trust (GB&T) as E.G. Meybohm is owner of Meybohm Realtors and part owner in GB&T. We recommend you check out any service provider you are considering hiring.

HOME INSPECTORS All Star Home Inspections (706) 597-9445 Don Willis Home Inspections (706) 863-9667 Georgia Carolina Home Inspections (706) 736-9810 House Masters (706) 860-1800 You need to schedule a home inspection to be done and any repairs reported to Seller before the inspection deadline in your sales contract. Have the inspector of your choice call me at (803) 640-8950 so I can schedule a time and let them in the home. Upon completion of the inspection, I will forward the report to you for your review if you are unable to be present. Termite Inspectors  Mountaineer Pest Service (803) 278-1131  Hornes Pest Control (706)863-5354  Advanced Services (803) 278-4338

CLOSING ATTORNEYS Don White (706) 860-6810 McLeod & Dowling (803) 392-4365 Lark Jones (803) 279-2935 You need to choose a closing attorney and let me know your choice. I will forward a copy of the contract to them and a closing date will be scheduled. Everyone asks for a Friday closing so it is to your advantage to request a date prior to Friday. Talk with your attorney about such items as Title Insurance, Right of Survivorship & Property Insurance. Note: Home inspectors, termite inspectors and attorneys are listed in alphabetical order and not by preference. They have all come highly recommended from past clients.We recommend you check out any service provider you are considering hiring. HOW TO GUESTIMATE YOUR CLOSING COSTS: SC - 1.3% of loan amount plus $1,500 GA - 1.6% of loan amount plus $1,500 Note: Check with your mortgage lender to provide you with a more accurate figure before relyng on the above guestimate to determine your budget/needs.

UTILITIES It is best to request your utility service to begin at the time the Seller’s service is turned off. It is generally cheaper if you transfer services as there will be no interruption of service. Let me know if this is what you want and I will help coordinate your wishes to the Seller. PROPERTY INSURANCE Make sure you have property insurance in place at the time you take possession of the home, generally at closing. You need to let your closing attorney know who your insurance provider will be and the cost of your insurance. HOW TO CALCULATE YOUR MONTHLY INSURANCE Sales Price X .0045 divided by 12= Monthly Insurance Cost  Note: This will provide you with an estimate. It will depend on your amount of coverage, credit history, etc. Check with you insurance carrier for accurate rates.