The GA Dream program is a solid one, but it is not the only one. And, depending on your specific situation, it may not be the best one.
Don't pigeon hold yourself into one program. There are many home loan programs that are designed to help first time home buyers bring as little as possible to the closing table. And, they each have pluses and minuses.
A good agent should be able to sketch out the different programs for you. However, the key really is whether that agent has good loan officers that they work with to find the very best program that you qualify for.
Don't look to the agent to be the expert you seek out for mortgage questions. That is setting you up for a problem. There are many misconceptions by agents. The reality is that just because something was one way a year ago doesn't make it that way today. And, even though I sold loans and I have a good understanding of the process, I know the key is to direct you to qualified people who do mortgages everyday.
As with just about everyone who responded, I would love to help you get into a great home. I have a broad base of experience. I originated mortgages for two years. I was a certified residential appraiser with nearly 15 years of experience. Currently, I am a full time real estate agent.
I have awesome loan officers that I work with and I have one in particular that really knows the ins and outs of several different programs that you may be interested in.
One point of caution, many of these programs take a little longer to close than a standard FHA or Conventional mortgage. So, start looking three months out. If inventory is still down, like it is now, you will need to be on top of the market. Homes that are in good shape and are priced right go under contract pretty quickly in this market.
Whether you choose me or another agent, make sure that you have access to good updated property search tools. You want the most up to date information. And, also, make sure the agent makes themselves available and is committed to helping you find the right home, not just a home.
I work in the Buford office. I am just south of New Friendship Road off of Buford Hwy.
Best of luck in your real estate endeavors.
David C. Blanton