Around the Water Cooler

All I said was the water was a little chlorinated and he shows up!

A discussion around the office brought up a situation where a first time home buyer would not be elligible the tax credit through The Housing and Economic Recovery Act of 2008 . Their situation involved financing through Ohio Housing Finance Agency. The information that applies to this situation is from the OFHA website, and is as follows:

Housing and Economic Recovery Act - Important Information for Homebuyers
The Housing and Economic Recovery Act of 2008 prohibits the use of the $7,500 new First-Time Homebuyer Credit in conjunction with tax-exempt Mortgage Revenue Bonds. Because the OHFA First-Time Homebuyer Program is financed with tax-exempt Mortgage Revenue Bonds, homeowners who use the OHFA program are not eligible for the credit.

A home loan program that allows 100% financing

US Department of Agricultral Rural Development has a program to help homeowners buying rural properties. The beginning of this program was when President Franklin D. Roosevelt established the Resettlement Administration. That agency relocated destitute families stricken by the Depression, restored soil-eroded areas, and provided modest emergency loans to farmers for land and equipment. Later, in 1946, Congress established the Farmers Home Administration (FmHA) to expand the original agency's functions beyond farm credit. Congress authorized FmHA to provide financing in rural areas for housing, community facilities, and business ventures.

This agency has been responsible for providing electricity, phones and most recently internet to rural areas. If you are a home buyer looking in a rural area, you may qualify under this program with signifcant benefits. Details of the requirements for these loans can be found at Quick Guide USDA Rural Development Guaranteed Rural Housing Loan.

Waterfront Lot at Buckeye Lake, Ohio

If you like lake living, this lot is perfect. It sits on a canal in Fairfield Beach area on the South side of Buckeye Lake. It has easy access to the main lake and will bring you out almost straight across from the Yacht Club. The sea wall in front is a good place to tie your boat - no dock necessary. Wooden steps are already in place to take you to the water level. For more information, look on our website http://www.guanciale.net/ .

Buckeye Lake is one of my favorite spots to go to unwind after a day of work or a great place to spend time with my family and meet up with our lake friends. My husband and I share the love of water, so it followed that we decided spending time at the lake that is only 20 minutes from our house was the way to fulfill that love. Early in our marriage we decided to buy our first boat - I think we spent $1,200 on it. It was a great little boat named Scooter. Our first trip out we put it in the water and it wouldn't start. Three more trips out with lots of advice from fellow boaters and shouts of encouragement from our neighbors and FINALLY we found out that we weren't pushing the handle in before starting it!! Here's a picture of my favorite time at the lake - sunset ....

Brothers Bad or Brothers Sad?

The Christmas Season is all about friendships and family. Last night we had a gathering with 4 sets of brothers in attendance. These guys attended high school and college together. They may not gather as often as they'd like, but what great bonds and lots of laughs! See if you can guess which ones are the brothers. Present are half of The Brothers Bad volleyball team and rumor has it the rest of them are The Brothers Sad!