Through the FHA program, a seller may offer down payment assistance via the Ameridream program supplemented by the DreamKeeper program which will make mortgage payments in the event the buyer is suddenly unemployed or disabled.
This is a great avenue for buyers today in an economy that seems uncertain. There are fees to the seller, but as we know there are many sellers who are more that willing to pay to move their property in a market that is flooded with inventory. Especially in Marion County, Florida.
In addition, it's good info to know that even the lender may pay for the DreamKeeper premium. Any lender may offer that incentive. It really helps if you work with a lender who is well versed in FHA. The agent may pay for the premium, even the buyer can pay it - only $295 for 12 months coverage up to $8000.00 in benefits.
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