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OUR LAST CLOSING WITH GIFT FUNDS. LOOKING AT THIS SALE, IT MAKES MORE SENSE THAN TARP.
THANKS NEHEMIAH!  THANKS MR. BUILDER.
RUMORS ARE THAT THE "GIFT FUND" PROGRAMS WILL BE RESURRECTED IN SOME FORM. 
I have my doubts.  It made too much sense.  The benefits went directly to home buyers.  The sellers voluntarily reduced their net proceeds in order to sell the property. 
Seller's helping buyers is a market force. 
Congress is not receptive to:
Market forces Home buyer benefits Why did Nehemiah disappear?  It defies logic.  Of course, some of the reasons could be:
The gift fund programs didn't lobby Congress (political contributions).  The benefits went directly to the home buyers. The funds were not government administered with bureaucratic cronies in charge. The gift funds increased the buying pool for homes for sale, new and resales. The program worked to benefit the consumer. The program helped reduce the inventory of homes on the market.  BELOW IS A SECTION OF THE HUD-1 from our last closing, October 1, 2008, with gift funds through the Nehemiah program.
The seller contributed $12,449.70.  The property appraised for the full contract price.

 
The Buyers are very happy. 
The Sellers (Lennar) are very happy.
The Real Estate Agent who sold the house is very happy.
Lenn is happy.
Nehemiah and Ameridream Gift Fund program ... more

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