The Nehemiah Program ® can help you sell your home faster, with less inconvenience, and at a potentially greater bottom line.
What is The Nehemiah Program and how does it work?
The Nehemiah Program provides gift funds for downpayment and closing costs to qualified homebuyers who use an eligible loan product such as an FHA insured mortgage or conventional loan. Gift funds up to 6% of the final contract sales price are available for the purchase of a participating home. These gift funds never have to be repaid. There are no buyer income limitations and no area restrictions. For the buyer to be eligible for the gift, the seller must make a contribution to Nehemiah Corporation of America that is equal to the gift amount, plus pay a small processing fee.
How can The Nehemiah Program help me sell my home?
The Nehemiah Program will provide your property with INCREASED EXPOSURE! It's that simple! You will be exposing your property to a much larger pool of buyers who can now purchase your home because they have money for a downpayment and closing costs.
Does it cost a seller more money to use The Nehemiah Program?
No. When you review transactions that use The Nehemiah Program you will usually find that sellers' net proceeds are equal to or greater than proceeds from traditionally negotiated offers. If a seller's net proceeds are not satisfactory, they will usually not sign the purchase agreement.
What's the number one reason why sellers choose The Nehemiah Program to assist with their home marketing plan?
Sellers choose The Nehemiah Program to dramatically increase the number of qualified candidates that would be eligible to purchase their home. The simple factor of "supply and demand" goes to work for participating sellers to help increase their home's market value.
Don't Reduce the Price...Introduce The Nehemiah Program.
Participating with The Nehemiah Program is much preferred to costly price reductions. If your home has been on the market for a while and you are considering reducing your price to generate some new buyer interest, you may want to enroll your home in The Nehemiah Program® instead.
Consult your Real Estate Professional for more information on marketing your home with The Nehemiah Program.
Todd J. LaBorwit
Director of Bethesda Division
Atlantic Pacific Mortgage Corp