Affordable Homes And Home Mortgages In Woodbridge Virginia

Real Estate Agent with Cell: 703-677-1120

Affordable Homes And Home Mortgages In Woodbridge Virginia

Congress Needs To Fix Pending Legislation The Would Knock 60% Of Potential Home Buyers Out Of The Market

If You Don't Act You Will See The Demise Of 3% Down FHA Loans

If You Don't Act Now You Might Need A Minimum 20% Down Payment Home Loan

This article is a call to action from a newsletter published by the National Association Of Realtors.

"Could your clients afford a 20% down payment? Could you? Can you envision what your prospective client pool will look like if new regulations governing Qualified Residential Mortgages (QRM) take effect this year?

Neither can we. And neither can many elected officials in Congress who did not intend for these regulatory provisions to be so narrowly defined. We must continue our efforts to explain how detrimental the new QRM rules would be to the ongoing housing and lending crisis in America. 

According to NAR Research, 60% of recent home buyers made less than a 20% down payment, and it would take 14 years for a typical person to save up a 20% down payment to buy a median-priced home.

Please contact Congress today and ask them to make it clear to the regulators that this proposed regulation
low down payment home loans in woodbridge va was not their legislative intent and to instead implement a more reasonable Qualified Residential Mortgage (QRM) that will keep credit-worthy buyers in the market and able to acquire a loan."

You must contact your congress members today by fax or certified mail if you want your voice to be heard.

DO NOT email your members.  Emails from constituents are not read, they are dumped into software that scrubs them for keywords that get dumped into market research statistics.

I fax my members at their offices on Capital Hill all the time. They respond to every fax with a letter back to me, so I know the fax was read.

Remember, they only read faxes and certified mail.

To look up your members of Congress, go to and  Get their fax numbers.  Type a single page letter asking them to fix QRM legislation so that you can get a home with an affordable down payment.

You can text or call Erick at 703-677-1120, shoot him an email right now


Erick Blackwelder -Woodbridge VA 22192Peggy James Lake Ridge VA 22192


Erick and Company-Top Realtors Woodbridge VA

Don't forget if you have a home to sell Peggy James my listing specialist for Erick and Company can send you a free market evaluation of your home. Fill out this form or call our office at 703-590-2252. We service buyers and sellers in Lake Ridge,Woodbridge, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville, Quantico, Fort Belivor and Mount Vernon area's. 

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Erick BlackwelderCall or text Erick Blackwelder right now for help finding a home, or help selling your house.  

Don't worry... Erick doesn't bite, and you won't get a sales pitch.  Text or call Erick now at 703-677-1120 for a FREE consultation.

CLICK HERE NOW to search the Multiple Listing Service (MLS) for homes for sale in and around Woodbridge, Lorton, and Mount Vernon.

Exit Realty Associates
8998C Lorton Station Blvd
Lorton, VA  22079
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Click the link above to email a question to me or call me now at 703-677-1120.  



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Gina Tufano
Ask Gina & Company with Pearson Smith Realty - Sterling, VA
Ask Gina & Company, Northern Virginia Real Estate

Good blog and good advice.  Things may change pretty quickly in the coming months.

Jun 03, 2011 04:15 AM #1
Erick Blackwelder
Cell: 703-677-1120 - Woodbridge, VA
Text or call Erick now at 703-677-1120.

The key to having your voice heard by your congress member is to FAX or send a letter by CERTIFIED MAIL.

My pals who work as staff on Capital Hill say that emails go into market research software that sifts and sorts keywords.

If you want your member to read your letter, keep it short, just 1-2 paragraphs on one page, and fax it to their Capital Hill office or send it by certified mail.

You will get a response from your member.

I sent faxes on various issues all the time, and that triggers a parade of letters from my congress member's offices.

Jun 03, 2011 04:36 AM #2
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Erick Blackwelder

Text or call Erick now at 703-677-1120.
Text or call Erick now at 703-677-1120.
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